Seeking to Introduce a new standard of care
delivery, WELLglobal Health intends to seamlessly integrate
telehealth with traditional in-person healthcare by developing and
deploying eco-friendly, modular WELLness Suites™
New approach designed to bridge the gap between
remote and traditional healthcare, ensuring accessible high-quality
care for people in the United States and internationally.
Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe &
Green Holdings” or the “Company”), a leading developer, designer,
and fabricator of modular structures for residential, commercial,
and point-of-care medicine, today announced that its wholly-owned
medical subsidiary, WELLglobal Health™, formerly known as Safe and
Green Medical Corporation, is excited to announce its non-binding
letter of intent with e-Lovu, the first ever digital wellness
platform connecting expecting mothers with their obstetricians, to
help address the complete health needs of pregnant and postpartum
women through a medically backed approach.
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the full release here:
https://www.businesswire.com/news/home/20231031433509/en/
Delphine O’Rourke, President & CEO,
WELLglobal Health (Photo: Business Wire)
WELLglobal Health is pioneering the integration of telehealth
and traditional in-person healthcare by offering state-of-the-art
pre-constructed modular, eco-friendly WELLness Suites™ to
employers, health systems, communities, and beyond, that can be
effortlessly deployed anywhere, anytime. This innovative approach
is designed to ensure the delivery of convenient, high-quality care
for individuals across the nation.
In partnership with top-tier providers in preventive care and
chronic condition management, WELLglobal Health and its care
partners are working to bring customizable care closer to home and
the workplace. WELLglobal Health’s proposed partnership with e-Lovu
will expand the range of healthcare services and products available
in WELLglobal Health’s flexible care WELLness Suites.
"Pregnant mothers have embraced telehealth for both prenatal and
postnatal care. Our platform facilitates enhanced communication and
ongoing support between mothers and their obstetricians. While
telecare is valuable, it's not a standalone solution. With
hospitals closing and OBs facing burnout nationwide, patients
require an in-person care option to complement e-Lovu's services.
WELLglobal Health’s WELLness Suites provide the ideal solution,
offering a dedicated space for in-person care, lab tests,
sonograms, counseling, and more. This partnership is a perfect
fit," stated Noel Pugh, CEO & Founder of e-Lovu.
According to Elevance Health's internal findings, living more
than 50 miles away from a delivery facility leads to a two-fold
increase in the likelihood of preterm birth, highlighting a
pronounced geographical link. WELLglobal Health’s model combines
virtual and traditional in-person care, offering unparalleled
physical flexibility to enhance accessibility and dismantle
obstacles to preventive care, continuous wellness support, and
more.
The proposed partnership with e-Lovu is a key element of
WELLglobal Health’s overarching strategy to consolidate innovative
care solutions with a substantial impact on preventive and ongoing
care management. Its expected services span cholesterol screenings,
diabetes management, weight loss, nutrition, postpartum care, and
beyond, with customization for home and workplace settings.
“Our model is strongly based on teaming up with seasoned,
mission-aligned leadership teams that boast a track record of
commitment to the widespread availability of accessible care. Our
partnership with Noel and her team at e-Lovu is a vital step in
this direction. Recognizing that women frequently bear the
responsibility for an estimated 80% of healthcare decisions, it is
imperative to offer them convenient, personalized, and
women-centered care to nurture the well-being of their families,”
said Delphine O’Rourke, President & CEO, WELLglobal Health and
Thought Leader at e-Lovu.
In addition to seeking to partner with e-Lovu, WELLglobal
Health’s parent company, Safe & Green Holdings Corp, plans to
invest in e-Lovu to help ensure its ability to scale to meet the
growing demand for its services.
"Safe & Green Holdings is built on strong relationships, and
we are committed to supporting the individuals and businesses
within our expanding corporate family. Our investment strategy
focuses on companies that complement our overall business platform
and we are excited to partner with e-Lovu to bring women the
support they need, before, during, and after pregnancy," commented
Paul Galvin, Chairperson & CEO of Safe & Green
Holdings.
About WELLglobal Health™
WELLglobal Health’s mission is to improve access and eliminate
existing barriers to preventive care and ongoing wellness support.
Its focus is on prioritizing people's needs by integrating
telehealth and traditional in-person healthcare through its
pre-constructed modular, eco-friendly WELLness Suites™ to
employers, communities, wellness real estate developers and others
to ensure accessible high-quality care nationwide. By collaborating
with top-tier care providers, WELLglobal Health bring customizable
care closer to individuals, workplaces, and communities. Its
approach is centered on forming partnerships with experienced,
mission-driven leadership teams committed to accessible care for
all.
About Safe & Green Holdings Corp.
Safe & Green Holdings Corp., a leading modular solutions
company, operates under core capabilities which include the
development, design, and fabrication of modular structures, meeting
the demand for safe and green solutions across various industries.
The firm supports third-party and in-house developers, architects,
builders, and owners in achieving faster execution, greener
construction, and buildings of higher value. For more information,
visit https://www.safeandgreenholdings.com/ and follow us at
@SGHcorp on Twitter.
Safe Harbor Statement
Certain statements in this press release constitute
"forward-looking statements" within the meaning of the federal
securities laws. Words such as "may," "might," "will," "should,"
"believe," "expect," "anticipate," "estimate," "continue,"
"predict," "forecast," "project," "plan," "intend" or similar
expressions, or statements regarding intent, belief, or current
expectations, are forward-looking statements. These forward-looking
statements are based upon current estimates and assumptions and
include statements regarding WELLglobal Health’s proposed
partnership with e-Lovu to expand access to integrated maternal
care through engagement with employers, doctors, and wellness real
estate developers, WELLglobal Health introducing a new standard of
care delivery seamlessly integrating telehealth with traditional
in-person healthcare by developing and deploying eco-friendly
modular wellness suites, the new approach bridging the gap between
remote and traditional healthcare, ensuring accessible,
high-quality care for people in the United States and
internationally, the partnership with e-Lovu addressing the
complete health needs of pregnant and postpartum women through a
medically-backed approach, pioneering the integration of telehealth
and traditional in-person healthcare by offering state-of-the-art
pre-constructed mobile, eco-friendly suites to employers, health
systems, communities, and beyond, that can be effortlessly deployed
anywhere, anytime, WELLglobal Health’s approach ensuring the
delivery of convenient, high-quality care for individuals across
the nation, WELLglobal Health and its care partners in preventive
care and chronic condition management working to bring customizable
care closer to home and the workplace, expanding the range of
healthcare services and products available in WELLglobal Health's
flexible care suites through WELLglobal Health’s partnership with
e-Lovu, WELLglobal Health’s model offering unparalleled physical
flexibility to enhance accessibility and dismantle obstacles to
preventive care, continuous wellness support, and more, providing
cholesterol screenings, diabetes management, weight loss, nutrition
and postpartum care services with customization for home and
workplace settings, the partnership with Noel and her team at
e-Lovu being a vital step in the direction of teaming up with
seasoned, mission-aligned leadership teams that boast a track
record of commitment to the widespread availability of accessible
care, Safe & Green Holdings Corp.’s investment in e-Lovu
ensuring its ability to scale to meet the growing demand for its
services and bringing women the support they need, before, during,
and after pregnancy. While the Company believes these
forward-looking statements are reasonable, undue reliance should
not be placed on any such forward-looking statements, which are
based on information available to us on the date of this release.
These forward-looking statements are subject to various risks and
uncertainties, many of which are difficult to predict that could
cause actual results to differ materially from current expectations
and assumptions from those set forth or implied by any
forward-looking statements. Important factors that could cause
actual results to differ materially from current expectations
include, among others, WELLglobal Health’s ability to seamlessly
integrating telehealth with traditional in-person healthcare by
developing and deploying eco-friendly mobile wellness suites as
planned, WELLglobal Health’s ability to bridge the gap between
remote and traditional healthcare, ensuring accessible,
high-quality care for people in the United States and
internationally, the ability of partnership with e-Lovu to address
the complete health needs of pregnant and postpartum women through
a medically-backed approach, the ability of WELLglobal Health’s
approach to ensure the delivery of convenient, high-quality care
for individuals across the nation, WELLglobal Health’s ability to
expand the range of healthcare services and products available in
WELLglobal Health's flexible care suites through its partnership
with e-Lovu, WELLglobal Health’s ability to provide cholesterol
screenings, diabetes management, weight loss, nutrition and
postpartum care services with customization for home and workplace
settings as planned, e-Lovu’s ability to scale to meet the growing
demand for its services and the other factors discussed in the
Company’s Annual Report on Form 10-K for the year ended December
31, 2022 and its subsequent filings with the SEC, including
subsequent periodic reports on Forms 10-Q and 8-K. The information
in this release is provided only as of the date of this release,
and we undertake no obligation to update any forward-looking
statements contained in this release on account of new information,
future events, or otherwise, except as required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231031433509/en/
Investor Relations: Crescendo Communications, LLC
212-671-1020 SGBX@crescendo-ir.com
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