Ara Chackerian is Committed to Better Treatment for Humanity and Nature

There, are three words that define Ara Chackerian; entrepreneur, environmentalist, and humanitarian. ASC Capital Holdings the company where he serves as managing partner invests in healthcare startups. In SanFransico the city he calls home Ara has helped establish and or sits on the board of multiple healthcare companies. The services these companies offer includes training for ultrasound techs, automated requisition systems for private physicians, and diagnostics.


TMS Health Solutions is a company that Ara, his business partner, and Dr. Richard Bermudas established to make a method of treating depression called transcranial magnetic stimulation (TMS) more readily available to patients. Ara Chackerian describes TMC as, “…the third pillar of psychiatry”. Prior to founding TMS Ara and his partner had established a string of radiological diagnostic centers. One of the philanthropic/environmental causes that Ara supports is Limonapa Teak. Based in Nicaragua Limonapa raises and harvests teak using methods that are ecologically beneficial. You can visit Medium to know more.



Ara Chackerian makes regular postings on the blog site Medium. One of his postings addressed the health care concerns of first world countries. Ara points out that in the US, increasing health care costs can be a burden for people across all economic strata especially the poor, those with chronic conditions, and minorities. Hispanics in the US are less likely to have health insurance than any other ethnic group. Nations that provide government-funded Universal Healthcare are worried about the sustainability of the model. For the time being, countries that provide free healthcare have sufficient funds to keep their healthcare systems running.


As medical science advances life expectancies also advance. Next year the average cost of health care for American families is projected to be 166% higher than it was nine years ago. In dollars and cents, that equals $30,083.00 per family annually. In citing the difference between the US healthcare system and Universal Healthcare Ara Chackerian points out that the wait time for treatment is shorter in the US providing you have health insurance. Still, the US spends a higher percentage (16) of its Gross Domestic Product on health care than nations with Universal Healthcare. While the outlook for healthcare in capitalist democracies may seem grim, first world nations are working diligently to refine their care delivery systems.



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Businessman Louis Chenevert

Louis Chenevert is a businessman and entrepreneur. He was born in 1958 in Montreal Canada. He had an interest of becoming a businessman when he grows up. He knew that the only way to become successful was through hard work and determination. From that early age, he started working hard toward achieving his goal. He joined the HEC Montreal business school where he attained his first degree in production management. When there is production management in an organization, that organization can produce the best quality goods as well as the right amount. In addition to this, production management allows organizations to create products or services at a faster speed and the lowest cost. All these qualities make an organization to realize maximum profits. Louis Chenevert wanted to be a significant player when it came to the success of the company he would work for and so he decided to pursue production management.

He first started working with General Motors at St. Therese, Quebec under Guy Hachey. Louis was working as the manager of Montreal’s General Motors assembly line. According to Hachey, Louis Chenevert was the best manager he ever had in the company. However, Louis left the company after staying for 14 years and joined Pratt & Whitney Canada which is a division of Pratt & Whitney (P&W) firm based in the United States. P&W is a business division of United Technologies Corporation (UTC). In 1996, the operations president for P&W was retiring, and the company chose Chenevert to take over the position. Chenevert was performing well with PWC, and this prompted the P&W to promote him to this role.

It was after three years that Chenevert became the president of P&W. During this time, the organization was not doing as well as expected. However, through his leadership as well as his dedication to experience new technology, Chenevert began improving the company’s revenues. He was able to achieve the same results he had accomplished while at PWC. At this time, so many organizations were going through a downturn, but Chenevert brought so many changes to the company that covered it from the losses other companies were experiencing.