NEW YORK, NY--(Marketwired - Mar 10, 2017) - Southern Home Medical Inc. (OTC PINK: SHOM), a leading developer in the healthcare industry, has announced that it will be expanding its medical services to include insurance coverage in tandem with the use of the 'SHOM APP' client, tapping into another market and further improving the range and quality of services offered by SHOM.
The SHOM APP client provides professional medical assistance and care functions and serves as an all-inclusive platform between patients and doctors. SHOM is further expanding on that capability by offering insurance related services in tandem with the 'Medical Treasure' client. This adds a much needed functionality and use to the Medical Treasure client and opens up new business opportunities for SHOM as well.
The nature of the SHOM APP client as an all-inclusive platform between patients and doctors means that this functionality was a much needed direction and we hope to continue developing the Medical Treasure client with the cooperation of the various hospitals that the company has partnered with, along with any future collaborations. With widespread use, it's estimated that every individual using this service alone will bring in $7 in revenue. SHOM hopes to continue developing services and technology that will benefit both the company and our clients.
George Chang, Chief Executive Officer of SHOM, commented, "SHOM APP is a unique platform that forms an individualized relationship between patients and doctors. We will continue developing this platform and adding more services and functionality, expanding our range of services that Medical Treasure can offer, and growing our company."
About Southern Home Medical, Inc.:
Southern Home Medical, Inc. is a Holding Company with a focus on servicing the needs of the Healthcare Industry. SHOM will continue to leverage the success of their businesses in order to expand sales opportunities in other locations throughout the country with health, medical and equipment needs.
This release contains certain "forward-looking statements" relating to the business of the Company. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.