SOURCE: eWellness Healthcare Corporation

eWellness Healthcare Corporation

May 18, 2016 09:00 ET

eWellness Noted in Seeking Alpha Article on the U.S. Physical Therapy Industry

CULVER CITY, CA--(Marketwired - May 18, 2016) - eWellness Healthcare Corporation (OTCQB: EWLL) is the first physical therapy telemedicine company to offer insurance reimbursable real-time distance monitored treatments. The Company is pleased to announce that it was noted in a Seeking Alpha article "Opportunity Within The Multi-Billion Physical Therapy Industry: Examining U.S. Physical Therapy And EWellness", published May 17th, 2016. A link to the article is noted below: http://seekingalpha.com/article/3975610-opportunity-within-multi-billion-physical-therapy-industry-examining-u-s-physical-therapy

Article Summary:
Physical Therapy is a massive $30 billion market that remains highly fragmented.

Examination of standard outpatient physical therapy pure-play US Physical Therapy reveals the difficulties in developing a competitive edge in physical therapy.

Rapid Adoption of and appetite for Cloud Technology in the industry demonstrated by private company WebPT.

EWellness, a newly public company, boasts a truly disruptive technology platform for physical therapy and may represent an interesting buyout opportunity.

About eWellness

eWellness Healthcare Corporation 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.

Additional Treatment Protocols: The Company's initial PHZIO application is a 6-month exercise program for patients with back, knee or hip pain. The next two platforms are anticipated to be released in the second quarter of 2016 include a total knee and hip replacement exercise program. These hip and knee programs have been designed to be integrated into any hospital or medical group's Medicare CMS bundled payment model for post-acute care physical therapy. These two programs are anticipated to be followed by woman's health and geriatric programs by the end of the third quarter of 2016.

For additional information on eWellness Healthcare Corporation and its PHZIO telemedicine products please contact Mr. David Markowski, CFO: david.markowski@gmail.com Tel: 541-778-7042.

Forward-Looking Statements: Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: 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.

Contact Information