Kyle Robertson, the entrepreneur who grew Cerebral Inc. into a $4.8 billion behemoth in online mental health and became a prominent face of the fast-growing industry has not only lost his job as CEO, but he's also being investigated by the Federal Government for his prescribing practices. Cerebral came in for heightened scrutiny after Bloomberg Businessweek reported in March that many of the nurse practitioners it employed said they feared the company was over-prescribing the addictive amphetamines used to treat attention deficit/hyperactivity disorder. Others raised concerns about the company’s aggressive advertising on social-media platforms, including TikTok.
In this episode of N&H special guest and TikTok star "That Psych NP" Laura joins us as we go down the Cerebral rabbit hole of corruption. We'll dissect why only nurses questioned whether the company was making ADHD medicines, such as Adderall, too easy to obtain and not the Medical Director and new CEO Dr. David Mou. Experts say such medication can be subject to abuse by those who don’t have the disorder. We'll also discuss how Kyle Roberts raised funds for his startup, who are Cerebral's investors, various insurance companies who partnered with Cerebral, patient complaints, and the ethics involved with mental health startups. This is a very riveting and eye opening episode you won't want to miss.
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