eWellness Healthcare launched a patient-centric mobile app of its PHZIO platform.
eWellness Healthcare (OTCQB:EWLL) launched a patient-centric mobile app of its PHZIO platform.
As quoted in the press release:
Any patient with a modern iOS or Android device (iPhone, iPad, Android phone or tablet) will be able to get a physical therapy treatment anywhere they are while being monitoring in real-time by a PT. This will vastly increase the population of treatable patients that can use the PHZIO solution. It is currently estimated that there are approximately 190 million smartphone users within the US.
eWellness will initially rollout the solution within California, New York and Virginia, with plans to expand nationally over the next 3-6 months.
Further, eWellness will also seek to engage with the “At-Home” Physical Therapy treatment market. This market involves physical therapy practitioners treating patients in their home instead of a clinic. The “At-Home” market model when combined with PHZIO offers patients and practitioners a means to receive and deliver PT services without having to leave work during normal business hours. Patients will be able to get physical therapy services at almost any hour of the day. A model that is not currently employed within traditional clinical settings.
Mr. Darwin Fogt, CEO said “We are excited to introduce this new PHZIO App. This tool can revolutionize how physical therapy is delivered while tapping into the scale and reach of an Uber-style business model.
eWellness Healthcare Corporation (OTCQB: EWLL) is the first physical therapy telehealth company to offer insurance reimbursable real-time distance monitored treatments. Our business model is to license our PHZIO (“PHZIO”) platform to any physical therapy (“PT”) clinic in the U.S. and or have large-scale employers use our PHZIO platform as a fully PT monitored corporate wellness program. The Company’s PHZIO home physical therapy exercise platform has been designed to disrupt the $30 billion physical therapy and the $8 billion corporate wellness industries. PHZIO re-defines the way physical therapy can be delivered. PHZIO is the first real-time remote monitored 1-to-many physical therapy platform for home use. Due to the real-time patient monitoring feature, the PHZIO platform is insurance reimbursable by payers such as: Anthem Blue Cross and Blue Shield.