CULVER CITY, CA--(Marketwired - Dec 14, 2016) - eWellness Healthcare Corporation, (OTCQB: EWLL) is the first physical therapy tele-health company to offer insurance reimbursable real-time distance monitored physical therapy (PT) treatments. The Company is pleased to announce the Company successfully signed another 3rd party PT clinic for the use of its PHZIO Tele-health Platform. The agreement is with a prominent Brooklyn based PT clinic, owned by Motion PT Group http://www.motionptg.com/. Their Brooklyn based clinic is one of over 45 clinics currently owned by Motion PT Group. Although this license is just for their Brooklyn location the Company anticipates that all of Motion PT clinics may eventually treat patients using our PHZIO platform. The Company believes that there is a significant backlog of PT clinics which have a high interest in using our PHZIO platform and participating in our beta program, although there can be no guarantee that we will be able to reach agreements with such clinics.
eWellness held its commercial launch of its PHZIO system as a Tier 1 sponsor of the American Physical Therapy Association (APTA), Private Practice Section (PPS) Annual Conference held in Las Vegas in October of this year. Approximately 1,100 PT clinic management and owners attending the PPS conference which is our initial universe of PT practices to target as users of our PHZIO SaaS treatment platform.
For additional information on eWellness Healthcare Corporation and its PHZIO telemedicine products please contact, Mr. Darwin Fogt, CEO Tel: 855-470-1700.
eWellness Healthcare Corporation (OTCQB: EWLL) is the first physical therapy telemedicine 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.
The PHZIO Solution: A New Physical Therapy Delivery System
- SaaS technology platform solution for providers bundling rehabilitation services and employer wellness programs;
- First real-time remote monitored 1-to-many physical therapy treatment platform for home use;
- Ability for physical therapists to observe multiple patients simultaneously in real-time;
- Solves what has been a structural problem and limitation in post-acute care practice growth; and
- Allows PT practices to generate increased revenues due to higher adherence and compliance rates.
For more information on eWellness go to:
Forward-Looking Statements: The statements contained in this document include certain predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the performance of joint venture partners, as well as other economic, competitive and technological factors involving the Company's operations, markets, services, products, and prices. With respect to eWellness Healthcare Corporation, except for the historical information contained herein, the matters discussed in this document are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements.