GregFolin

$ISWH in Classic Bottom as Company Launches Telehealth Biz

OTC:ISWH   ISW HLDGS INC
ISWH potentially carving out classic bottoming pattern with "wedge" basing formation in concert with bullish MACD divergence.

ISW Holdings Inc (OTCMKTS:ISWH) recently announced the establishment of operations for its Telecare subsidiary – a division designed to link its expertise in managing home healthcare with a fully digital process of patient intake and management that precludes the need for in-person follow-ups to get the care protocols engaged and underway.

As a result, according to its latest 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.”

That is precisely the type of innovation that may be picked up by the momentum market crowd now defining this bull market.

“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.”

The stock is cheap and doesn’t get a lot of attention. But the move into Telehealth could help push ISWH onto the radar for the momentum trading crowd.

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