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August 12, 2024 41 mins

In this episode of the Hustle Inspires Hustle podcast, host Alex Quin sits down with Michael Petegorsky, Chief Strategy Officer at Mindbloom, to discuss the transformative impact of ketamine therapy on mental health. Michael shares how Mindbloom is expanding access to this science-backed treatment through a telehealth model, making it more affordable and accessible. The conversation covers the history and misconceptions surrounding ketamine, its evolution as a mental health treatment, and how Mind Bloom's app enhances the user experience by providing tools for preparation and integration. Michael also opens up about his personal experience with social anxiety and how ketamine therapy played a crucial role in his recovery, ultimately leading him to work at Mind Bloom.

Looking ahead, Michael and Alex explore the future of psychedelic medicine, including the potential for MDMA and psilocybin to revolutionize mental health care. The episode also touches on the challenges of marketing such therapies in a stigmatized industry, the importance of community in mental health treatment, and Mindbloom's commitment to responsible education and outreach. With the upcoming FDA approval of MDMA therapy on the horizon, Michael expresses optimism about the future of psychedelic treatments and Mindbloom's role in leading this transformation.

Episode Outline

[00:00:03] Podcast featuring entrepreneurs and self development.

[00:05:21] Ketamine therapy 2.0 with coaching.

[00:11:09] Anxiety and depression treated with ketamine.

[00:14:42] Overcoming anxiety through mindfulness practice.

[00:18:02] Ketamine therapy for anxiety and creativity.

[00:21:38] Psychedelic therapies transforming mental health care.

[00:24:11] SSRIs have side effects, MDMA therapy effective.

[00:28:55] Balancing clear evidence with not overpromising.

[00:34:01] Experts in ketamine therapy offer consultations. Comprehensive medical evaluation to determine treatment eligibility. Prescription and medicine delivered to client. Assigned guide and peer treatment monitor for support. Treatment sessions spaced apart for integration. Six doses in initial treatment program. Sixty two percent report significant improvements. Affordable and accessible through telehealth.

[00:38:52] Psychedelic therapy costs around $200/session. Insurance coverage may be available in the future. Connect with Mindbloom for more information.

Wisdom Nuggets

The Power of Education in Mental Health: Educating the public on the benefits and safety of ketamine therapy is crucial in overcoming the stigma associated with psychedelic treatments.

Personal Transformation Through Therapy: Michael’s journey from a ketamine therapy patient to a leader in the field highlights the profound impact that effective mental health treatment can have on one's life and career.

Advancing Mental Health with Technology: The integration of technology, such as Mindbloom's app, enhances the therapeutic experience by providing tools for preparation, in-session support, and post-session integration.

The Importance of Accessible Mental Health Care: Transitioning ketamine therapy to a telehealth model has made it more accessible and affordable, breaking down barriers that previously limited its use.

Future of Psychedelic Therapies: With the potential approval of MDMA and psilocybin for therapeutic use, the landscape of mental health treatment is poised for a significant transformation.\

Power Quotes:

"You don't have to suffer through anxiety; there are ways to change your mind." - Michael Petegorsky

"Community and connection are vital for mental health." - Michael Petegorsky

"Community is key; you learn from others' mistakes and triumphs." - Alex Quin

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