SOURCE: Agility Health, Inc.

Agility Health, Inc

May 20, 2015 07:30 ET

Agility Health Orthotics Division Achieves Medicare Accreditation

GRAND RAPIDS, MI--(Marketwired - May 20, 2015) - Agility Health, Inc. ("Agility Health or "the Company") (TSX VENTURE: AHI), a leading provider of physical rehabilitation and software services that benefit patients, healthcare providers and employers, announced today that BioCorrect LLC, its wholly owned orthotics subsidiary, has met Durable Medical Equipment, Prosthetics, Orthotics and Supplies (DMEPOS) Quality Standards established by the Centers for Medicare & Medicaid Services (CMS), allowing the company to achieve Medicare billing privileges.

"This opens doors for our current and potential patients who can now benefit from insurance coverage for custom foot orthotics and pedorthic products and services," said Stacy Parent, Biocorrect Director of Marketing and Operations. "We are participating with Medicare and Blue Cross Blue Shield traditional insurance, and we plan to work with other commercial insurances in the near future."

"This development also increases our ability to cross-sell Biocorrect orthotics through Agility Health's outpatient clinics," stated Steve Davidson, Agility Health's CEO.

Biocorrect was evaluated and accredited through the American Board of Certification of Orthotics, Prosthetics and Pedorthics, and passed the assessment with no required modifications. For more information, visit www.biocorrect.com or call (616) 356-5030.

About Biocorrect

Biocorrect is a full-service orthotics lab providing handcrafted orthotic solutions designed to treat patients' foot ailments or injuries that are a result of imbalances of the foot, ankle, knee and hip by combining clinical assessment with a customized fit. We personalized our orthotics for a variety of shoe applications including everyday casual and dress shoes, cleats, track spikes, golf shoes, hockey skates, and hiking boots. In addition, Biocorrect has created PRO•FIT®, a patented customizable orthotics for distribution by healthcare professionals.

About Agility Health

Through its subsidiary and principal operating entity, Agility Health, LLC, Agility Health operates a multi-state network of outpatient rehabilitation clinics and provides contracted services to hospitals, nursing homes and other institutional clients, providing care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and a variety of other injuries and conditions. In addition, Agility Health provides a number of ancillary services related to physical rehabilitation, including practice management software systems and custom orthotics. As of November 28, 2014, Agility Health operates 74 outpatient or onsite rehabilitation locations in 17 states. Agility Health's contract therapy services business provides rehabilitative services to 42 hospitals and inpatient rehabilitation units, 35 nursing homes, long-term care facilities and other service locations in 9 states. For more information, please visit investors.agilityhealth.com.

Forward-Looking Information

This press release contains forward-looking statements regarding Agility Health and its business. Such statements are based on the current expectations and views of future events of Agility Health's management. In some cases the forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "plan", "anticipate", "intend", "potential", "estimate", "believe" or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release, including the anticipated future growth of Agility Health, may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting the company. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumption and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Agility Health undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future events, or otherwise.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • For further information, please contact:

    Terry Vanderkruyk
    Chief, Corporate Development Officer
    604.961.3844
    terry@agilityhealth.com