CULVER CITY, CA--(Marketwired - Jun 9, 2017) - eWellness Healthcare Corporation -- (
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.
eWellness Healthcare Corporation (
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:
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"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.