Patient Access Solutions Inc. (OTCMKTS:PASO) Stock Moves Up After The News
Patient Access Solutions Inc. (OTCMKTS: PASO) was up 4% after launching the Comprehensive, Affordable, Mental Health, Effective, outcomes (CAMEO) initiative for the broken and overwhelmed Mental Healthcare Industry.
Market Action:
On Wednesday, PASO stock surged 4.17% at $0.0038 with more than 23.67 million shares, compared to its average volume of 15.44 million shares. The stock has moved within a range of $0.0035 – 0.0041 after opening the trade at $0.0035.
Major Trigger
The current Anxiety and Depression treatment lack supply and affordability for most of the market. The antidepressants are functional in two-thirds of the population battling depression. Most importantly, in the medical community, the company is referred to as “treatment resistant depression.”
According to estimates, there are approximately 100 million people globally that are battling treatment-resistant depression. The Kaiser Foundation established that prior to the COVID-19 pandemic, around 36%of adults had depression and anxiety signs.
The American Psychological Association reports that around 67%of Americans are feeling stress because of the pandemic.Then CAMEO program will offer patients access to a network of health care providers via the Telamentalhealth.com platform. The portal offers access to psychiatrists, psychologists, social workers, and other professionals who can help manage stress, depression, anxiety, substance abuse, and other mental health conditions. Therefore, investors should watch PASO.
