ISWH continues to flirt with a potential key low on a deeply oversold RSI print.
The important idea here is that this is a relative unknown with a tight float trading at cheap levels that just launched a Telehealth subsidiary that's already doing real business.
ISW Holdings Inc (OTCMKTS:ISWH) recently launched a telehealth subsidiary, Telecare Home Health, which has received its license from the State of Texas under Chapter 142 of the Texas Health and Safety Code to operate in Texas. In addition, the process of review toward Medicare accreditation is now underway for Telecare.
“Telehealth has become one of the most important growing innovations to emerge as a mainstream facet of the healthcare system over recent months, and we intend Telecare to become a key player in this narrative,” noted Alonzo Pierce, President and Chairman of ISW Holdings. “Telecare’s platform is built from the ground up to key off of first responder care. Telecare will transform the healthcare experience by creating an ecosystem of coordinated action that minimizes superfluous steps to bring healthcare providers, care protocols, and home health caretakers into synchronized activity to minimize costs and deliver the highest standards of ‘whole person’ home-based care to a growing community in Texas.”
According to the release, the Telecare referral intake process is fully electronic, with provider referrals opening a client relationship, coordinating care with providers, logging all consents, and assigning a home health caretaker, all achieved entirely electronically. Within twelve hours, an on-site assessment with a registered nurse is conducted, and full care services begin within 24 hours. The Telecare team is growing, and the Company intends to ramp up service across the state and to extend its service area into additional states over coming months.
The release went on to state that Telehealth usage among US adults has been climbing significantly. According to a survey by CivicScience, on a month-over-month basis from February to March of this year, the number of respondents that reported having tried telehealth jumped from 11% to 17%. As noted, this indeed marks “a watershed transformation in the relationship between healthcare consumers and providers.”
According to the release, this trend has been very much a part of the company’s strategic planning. It notes even that a recent report by Business Insider Intelligence predicts that this shift is set to keep picking up steam, and that management is aligned with this view: “ISW Holdings, through its Telecare subsidiary, is engaged in a focus based on that analysis, with additional strategic steps in line with this vision to be announced over the near term.”
The important idea here is that this is a relative unknown with a tight float trading at cheap levels that just launched a Telehealth subsidiary that's already doing real business.
ISW Holdings Inc (OTCMKTS:ISWH) recently launched a telehealth subsidiary, Telecare Home Health, which has received its license from the State of Texas under Chapter 142 of the Texas Health and Safety Code to operate in Texas. In addition, the process of review toward Medicare accreditation is now underway for Telecare.
“Telehealth has become one of the most important growing innovations to emerge as a mainstream facet of the healthcare system over recent months, and we intend Telecare to become a key player in this narrative,” noted Alonzo Pierce, President and Chairman of ISW Holdings. “Telecare’s platform is built from the ground up to key off of first responder care. Telecare will transform the healthcare experience by creating an ecosystem of coordinated action that minimizes superfluous steps to bring healthcare providers, care protocols, and home health caretakers into synchronized activity to minimize costs and deliver the highest standards of ‘whole person’ home-based care to a growing community in Texas.”
According to the release, the Telecare referral intake process is fully electronic, with provider referrals opening a client relationship, coordinating care with providers, logging all consents, and assigning a home health caretaker, all achieved entirely electronically. Within twelve hours, an on-site assessment with a registered nurse is conducted, and full care services begin within 24 hours. The Telecare team is growing, and the Company intends to ramp up service across the state and to extend its service area into additional states over coming months.
The release went on to state that Telehealth usage among US adults has been climbing significantly. According to a survey by CivicScience, on a month-over-month basis from February to March of this year, the number of respondents that reported having tried telehealth jumped from 11% to 17%. As noted, this indeed marks “a watershed transformation in the relationship between healthcare consumers and providers.”
According to the release, this trend has been very much a part of the company’s strategic planning. It notes even that a recent report by Business Insider Intelligence predicts that this shift is set to keep picking up steam, and that management is aligned with this view: “ISW Holdings, through its Telecare subsidiary, is engaged in a focus based on that analysis, with additional strategic steps in line with this vision to be announced over the near term.”