Culver City, CA (PRWEB) April 30, 2015
eWellness Healthcare Corporation, a privately-held developer of the http://www.PHZIO.com distance monitored physical therapy telemedicine program, today announced that, in cooperation with Evolution Physical Therapy, it has opened its initial patient induction office located at 4644 Lincoln Blvd, Suite 406, Marina del Rey, California 90292. Also, on Monday May 4th, 2015 at 10:00am the Company will present at the American Telemedicine Associations (“ATA”) Annual Meeting (Investor Roundtable) held at the Los Angeles Convention Center. More information on the conference can be obtained at: http://www.americantelemed.org.
“Opening our initial patient induction office is a key milestone in the launch of our http://www.PHZIO.com distance monitored physical therapy platform. As we induct new patients for the first time onto our PHZIO™ platform we have commenced a new phase in our corporate evolution transitioning to revenue generation from our former development stage. Also, our participation at the ATA Investor Roundtable will provide us with an opportunity to highlight our unique and proprietary PHZIO™ telemedicine exercise platform. We believe we are first to market with an insurance reimbursable telemedicine based distance monitored physical therapy program. Our 6-month program combines in-office direct-contact physical therapy evaluations, re-evaluations and physical performance testing with 78 progressive 40-minute on-line telemedicine exercise treatments,” stated eWellness President & CEO Darwin Fogt.
About eWellness Healthcare:
Headquartered in Culver City California, eWellness Healthcare Corporation is dedicated to providing state of the art physical therapy telemedicine solutions to patients and healthcare systems through the provisioning of its PHZIO ™ (http://www.phzio.com) exercise platform. In addition to our initial 78 progressive 40-minute video exercise program focused on the overweight pre-diabetic population, we anticipate building follow-on telemedicine based exercise programs that will address the following additional silo’s of business: Orthopedic Physical Therapy, General Physical Therapy, Sports Physical Therapy, Speech Therapy & Audiology and Geriatric Physical Therapy which make up approximately 83% of the current $29.6 billion outpatient rehabilitation industry.
Cautionary Statement Regarding Forward Looking Information
Statements in this press release about the Company’s future and expectations other than historical facts are “forward-looking statements.” These statements are made on the basis of management’s current views and assumptions. As a result, there can be no assurance that management’s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as “believes,” “plans,” “expects,” “anticipates,” “foresees,” “estimated,” “hopes,” “if,” “develops,” “researching,” “research,” “pilot,” “potential,” “could” or other words or phrases of similar import. Forward looking statements include descriptions of the Company’s business strategy, outlook, objectives, plans, intentions and goals. All such forward-looking statements are subject to certain risks and various uncertainties that could cause actual results to differ materially from those in forward-looking statements; such risks and uncertainties include: our ability to successfully provision our platform to patients, patients ability to use our platform, the insurance industry’s willingness to provide reimbursement for our telemedicine services and patients willingness to pay for them if not so covered. These and other risks are described in greater detail in the Company’s filings with the SEC, copies of which are available free of charge at the SEC’s website at http://www.sec.gov (http://www.sec.gov) or upon request from the Company. The Company may not actually achieve the goals or plans described in its forward looking statements, and investors should not place undue reliance on these statements. eWellness assumes no obligation and does not intend to update these forward looking statements, except as required by law. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security.
Darwin Fogt, President & CEO
11825 Major Street
Culver City, CA 90230