eWellness Adds Self-Insured Employers & Concierge PT Medical Services to its Marketing Strategy
June 09 2017 - 9:00AM
Marketwired
eWellness Adds Self-Insured Employers & Concierge PT Medical
Services to its Marketing Strategy
CULVER CITY, CA-(Marketwired - Jun 9, 2017) - eWellness
Healthcare Corporation - (OTCQB: EWLL) - a provider of the state of
the art PHZIO Platform for the physical therapy and telehealth
markets, announced today that it has added the self-insured
employer marketplace into its marketing strategy and is actively
engaged in business discussions with multiple providers in the
administrative services only (ASO) segment of the insurance
industry, where EWLL would become the exclusive gatekeeper &
provider of physical therapy services.
ASO contracts are a big part of health insurers' business,
representing billions of dollars in annual revenue. ASO plans are
also becoming a preferred option for smaller and larger employers
alike, in part because of the Patient Protection and Affordable
Care Act. As more employers explore the advantages of
self-insurance and ASO contracts, insurers know they have to
compete to retain or add that business. That means they have to
find innovative ways-including wellness programs, accountable-care
networks, hospital bill audits and direct contracting with
providers in order to appeal to employers and help them reduce
costs and improve care.
Employers of all sizes are moving toward self-insurance.
Self-insuring and hiring a third-party administrator under an ASO
contract can save employers 10% to 25% on their healthcare costs.
That's because insurers build in higher profit margins for fully
insured products, partly reflecting the actuarial risk they are
taking for higher-than-expected healthcare costs.
Another big reason is that self-insured company plans are exempt
from state insurance regulations and premium taxes under the
federal Employee Retirement and Income Security Act. They also are
not subject to many of the provisions of the ACA. Experts say
healthcare reform has prompted more employers to become
self-insured.
Concierge PT Medical Services: EWLL is intending to provide to
ASO's insureds a new and highly unique patient treatment protocol,
that includes "white glove" concierge in-home or in-office physical
therapy assessments and digital care treatments, in order to
enhance the medical treatment and help improve patient treatment
outcomes.
Exclusive PT Gatekeeper: EWLL intends to become the exclusive
provider of "white glove" concierge in-home or in-office physical
therapy assessments, digital physical therapy and a wellness
program to the individuals covered by various ESO's. As the PT
treatment gatekeeper, EWLL will conduct an online consultation with
each patient to assess the complexity involved with the patient's
medical condition. From the online consultation, an in-home or
in-office evaluation of the patient may be prescribed. Through this
initial evaluation, a plan of care will be designed for each
patient that in most cases is anticipated to include digital
therapy sessions.
PreHabPT: All individuals covered by ESO's, that seeking
(non-emergency) orthopedic surgery shall first receive a concierge
online consultation, in-home or in-office physical therapy
evaluation and will be prescribed a 4-8 week prehabpt.com exercise
program prior to any surgery. Another in-home or in-office physical
therapy evaluation will be made following surgery and a treatment
plan will be initiated. PreHabPT is up to an 8-week physician to
patient pre-surgical (Prehab) digital therapeutic exercise
treatment system for patients that anticipate having total join
replacement (knee, hip and or shoulder) or back surgeries. Patients
may complete these digital therapeutic exercises either monitored
or unmonitored. PreHabPT.com's backbone is built off of EWLL's
PHZIO platform.
PurePT: PurePT is a patient & independent PT digital
treatment platform for connecting new patients to PTnt system for
patients that anticipate having tottreatment system. Patient
program assessments can be made in the privacy of a patient
connecting new patients to PTnt system for patients that anticipate
having tottreatment system.nt (knee, hip and or shoulder) or back
surgeries. Patients may complete thfor treatment without requiring
a physician's prescription. PurePT puts the patient first!
PHZIO Comprehensive Wellness Program: Any of the ESO's insureds
may after an in-home or in-office physical therapy assessment, may
enroll in a 6-month comprehensive wellness program. The top line
wellness goals of our PHZIO wellness exercise program is to
graduate at least 60% of inducted patients through our 6-month
program. Patients should expect to experience an average of a 20%
reduction in BMI, a 2-inch reduction in waist size, weight loss of
at least 10 pounds, significant overall improvement in balance,
coordination, flexibility, strength, and lumbopelvic stability.
Patients also should score better on Functional Outcomes Scales
(Oswestry and LEFS), which indicates improved functional activity
levels due to reduced low back, knee and hip pain.
About eWellness 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.
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:
http://www.ewellnesshealth.com/ http://phzio.com/
http://prehabpt.com/
Safe Harbor Statement
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: This press release contains forward-looking
statements (within the meaning of Section 27a of the Securities Act
of 1933 and Section 21e of the Securities Exchange Act of 1934)
regarding us and our business, financial condition, results of
operations and prospects. Forward-looking statements in this press
release reflect the good faith judgment of our management and are
based on facts and factors currently known to us. Forward-looking
statements are subject to risks and uncertainties, and actual
results and outcomes may differ materially from the results and
outcomes discussed in the forward-looking statements as a result of
either the matters set forth or incorporated in this press release
generally or certain economic and business factors, some of which
may be unknown to and/or beyond the control of the Company.
Specifically, we are exposed to various risks related to our need
for additional financing to support our technology development, the
sale of a significant number of our shares of common stock could
depress the price of our common stock, acquiring or investing in
new businesses and ongoing operations, we may incur losses in the
future and the market price of our common stock may be volatile.
Readers are urged not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. We do not undertake, and we expressly disclaim, any
obligation to revise or update any forward-looking statements in
order to reflect any event or circumstance that may arise after the
date of the press release.
Contact Information
For additional information on eWellness Healthcare Corporation
and its PHZIO telemedicine products please contact Mr. Darwin Fogt,
CEO: 1-855-470-1700
eWellness Healthcare (CE) (USOTC:EWLL)
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