World News: 14:00 GMT Friday 12th October 2018. [eWellness Healthcare Corp via Globe Newswire via SPi World News]
Culver City, CA, Oct. 12, 2018 (GLOBE NEWSWIRE) -- eWellness Healthcare Corporation – (OTCQB: EWLL) – a provider of the state of the art PHZIO platform for the physical therapy (PT) and telehealth markets, announced that it has eliminated all development activities associated with the creation of any tokenized physical therapy payment system for insurance companies, large scale self-insured corporations and their insured members. This strategic elimination of this token development work, reflects the Company’s laser focus on the workman’s compensation industry and building its core business in that sector.
“We are very excited to double down on the workman’s compensation industry where can offer up to a 50% savings on PT/OT costs for various employee benefit plans (EBP’s),” said Darwin Fogt, CEO of EWLL.
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.
For more information on eWellness go to:
For additional information on eWellness Healthcare Corporation and its PHZIO telemedicine products please contact:
Mr. Darwin Fogt, CEO
Globe Newswire: 14:00 GMT Friday 12th October 2018
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