Kristina Saffran and Erin Parks, two clinicians with unique journeys, had crossed paths at several academic conferences before finally deciding to co-found a company together. Despite their different beginnings, they were united by the question: How can we solve this?
“We would beeline to one another every six months at these academic conferences. I think a lot of academics like to talk about small micro issues, and we were always [asking about] the big issues like 80% of people are not getting access to treatment. How can we solve this?... Kristina Saffran “
Erin’s journey began in marketing and communications before taking a sharp turn toward neuroimaging and, eventually, clinical psychology. Her ability to adapt and make bold decisions led her to entrepreneurship and her current role as Chief Operating Officer. Kristina Saffran, on the other hand, took a more focused path. Her drive to help others was deeply personal—rooted in her own experience with anorexia as a child. For her, becoming a CEO wasn’t just about the money but about fulfilling a lifelong mission.
Kristina was diagnosed with anorexia at the age of 10. Anorexia, an eating disorder marked by excessive weight loss, affects an estimated 30 million Americans and claims at least one life every 52 minutes. Despite its prevalence, most of those affected do not receive adequate treatment.
Having faced the struggles of an eating disorder herself, Kristina resolved to help others. Her first venture was a nonprofit called Project HEAL, which she founded in 2008 to raise funds for those who couldn’t afford treatment. While successful, it quickly became clear that the need far outweighed the funds raised.
It was this realization—and her connection with Erin—that sparked their next big idea: Equip.
As a clinical psychologist in academic medicine, Erin watched people travel from all over the globe to get treatment at the university clinic she helped lead. Every day, she talked to families who couldn’t financially or logistically make the same trip. And throughout this time, we both knew we were barely making a dent in the country’s broken treatment landscape. - Kristina Saffran
Realizing that fundraising alone wasn’t enough, Erin and Kristina developed a bold new solution: provide the treatment. Together, they designed a five-pronged approach based on the belief that family members play a critical role in recovery.
Equip’s family-based treatment model includes a team of five specialists: a therapist, physician, peer mentor, family mentor, and dietician. The results speak for themselves: after just eight weeks, 71% of patients report a reduction in eating disorder symptoms, and two-thirds experience improved mood.
We are incredibly proud that after eight weeks of treatment, 71% of patients report a reduction in eating disorder symptoms, and two-thirds report improvements in mood. - Kristina Saffran
Since launching Equip in 2019, Erin and Kristina have raised $130 million in funding. Their success lies in their passion, experience, and willingness to take bold steps. Here are a few lessons entrepreneurs can learn from their journey:
Successful entrepreneurs are often driven by more than financial gain. Passion and a desire to solve real problems are what fuel them to keep going. Kristina and Erin’s determination to find effective solutions for eating disorders propelled them to think beyond traditional fundraising—and to build a company that provides real help.
When Erin Parks, Ph.D., and I first set out to build Equip, our primary goal wasn’t financial; it was to impact as many lives as possible with high-quality eating disorder treatment. - Kristina Saffran
Neither Erin nor Kristina had formal business training when they launched Equip, and that inexperience initially caused some imposter syndrome. Their options were limited. It was either they find a co-founder with complementary skills or leverage their knowledge and learn on the job. They choose the latter.
Before becoming entrepreneurs, Erin and Kristina built careers in academia, gaining valuable expertise along the way. But it wasn’t just their professional knowledge that mattered—it was also their personal experiences. Whether it’s a skill from a past job or personal lessons, every experience has value.
Equip is proof that when passion meets purpose, great things can happen. By trusting themselves, leveraging their unique strengths, and staying committed to their mission, Erin and Kristina have built a company that’s changing lives.
Equip Health is a virtual healthcare company founded in 2019 by Kristina Saffran and Dr. Erin Parks. It provides accessible, evidence-based treatment for eating disorders, using a family-based care approach to help patients recover effectively.
Kristina Saffran's personal experience with anorexia and Dr. Erin Parks' observations of limited access to treatment inspired them to start Equip Health. They aimed to address the systemic gaps in care and provide a scalable solution for individuals and families affected by eating disorders.
Equip Health's family-based treatment model involves a multidisciplinary team of five specialists: a therapist, dietitian, medical provider, peer mentor, and family mentor. This approach emphasizes the critical role of family members in a patient's recovery process.
Equip Health reports that 71% of its patients experience a reduction in eating disorder symptoms after just eight weeks of treatment. Additionally, two-thirds of patients report improved mood, demonstrating the effectiveness of their family-based treatment model.
Equip Health works with major insurers, including UnitedHealthcare and Aetna, to offer insurance coverage for its services. The company also aims to expand Medicaid coverage to further improve accessibility, ensuring cost is less of a barrier for patients in need.
Equip Health differs from traditional treatments by offering virtual care tailored to each patient's needs. Its family-based model includes nontraditional roles like peer and family mentors, making treatment more holistic and supportive than many other programs.
Over 80% of people with eating disorders do not receive adequate treatment due to financial, logistical, or systemic barriers. Equip Health aims to close this gap by providing virtual, insurance-covered options that are accessible and affordable for more families.
Without formal business training, both founders experienced challenges like imposter syndrome. However, they used their complementary skills, academic expertise, and passion for tackling eating disorder treatment to successfully navigate the entrepreneurial journey.
Kristina Saffran founded Project HEAL in 2008 to provide financial assistance for eating disorder treatment. While impactful, it revealed the broader need for scalable, systemic solutions, which ultimately led to the foundation of Equip Health.
Equip Health tackles issues like stigma, underfunding, and limited access to treatment. By providing a comprehensive and inclusive treatment model, they aim to rewrite the narrative around eating disorders and ensure that effective care is available to all.