Culver City, CA, — eWellness Healthcare Corporation – (OTCQB: EWLL) – is the first physical therapy telehealth company to offer insurance reimbursable real-time distance monitored treatments, announces that it will Develop & Launch a Digital Speech Therapy Platform by the end of 2019.
Darwin Fogt, CEO of EWLL stated that, “based upon interest by various Third Party Insurance Administrators (“TPA’s), we are excited to create a digital speech therapy platform similar to our PHZIO PT treatment platform. According to the Business Research Company, the global occupational and speech therapists and audiologists market was valued at $58.4 billion in 2017. North America was the largest geographic region accounting for $27.9 billion or 47.8% of the global market. The USA was the largest country accounting for $23.4 billion or 40% of the global market.”
Mr. Fogt continued by adding, “occupational, speech therapists and audiologists are increasingly using tele-therapy as a solution to diagnose and treat online. Tele-therapy is providing therapy through live video connection, over the internet. Speech language pathologists (SLP) provide teletherapy at reasonable costs to treat aphasia, cognition, voice, and other diagnoses. For example, a pilot program run by Kent State University in Ohio targets speech and language therapies for students in rural schools. Anyone with a phone or a computer can access healthcare professionals through 24-hour telemedicine, online diagnosis, telemedicine applications and treatment websites.”
Mr. Fogt also added, “we currently anticipate that this new digital speech treatment platform would be avatar-based and could utilize our initial consultation one-to-one platform and then move the patient to our one-to-many treatment platform. EWLL, expects to build this new product in its Ottawa office with a to-be-hired product development team.”
Our PHZIO platform has been developed to significantly support us in becoming the leader in the new industry of digital telehealth physical therapy (“dPT”). Our focus is to highlight that a majority of all future PT treatments can be accomplished with a smart phone. This new digital adoption will lower patient treatment costs, expand patient treatment access and improve patient compliance. Our PHZIO platform allows patients and PT’s to cut the cord from the old-school, wait in line, brick and mortar clinical experience to an immediate response digital, in-home PT experience. 80% of all PT assessments and treatments can now be done on a patient’s smart phone in the privacy of their own home. Digital PT is clearly the next upgrade the industry needs to make.
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.
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