- Global home healthcare market is projected to reach $515.6 billion by 2027
- With recent launch of TeleCare Home Health, ISWH is well positioned to capitalize on telehealth’s sudden momentum
- ISWH notes that “the unprecedented increase in telehealth use during the current crisis is both a challenge and an opportunity”
ISWH Holdings (OTC: ISWH), a holding company of diversified partnerships, utilizes strategic expertise to establish market-leading companies and partnerships in sectors that are highly relevant in today’s marketplace. During the global pandemic, telehealth experienced an influx of attention, obstacles that had kept it at bay were removed, and people across the country scrambled to understand and maximize the technology. Over the past year, the $300-billion global home healthcare market has seen rapid growth and is projected to reach $515.6 billion by 2027. With its recent launch of TeleCare Home Health LLC, ISWH is well positioned to capitalize on telehealth’s sudden momentum.
Telehealth underwent emergency adjustments because of the critical need for fast implementation during the COVID-19 outbreak. But as the world moves past the pandemic, several factors need to be addressed. Those factors include barriers to digital literacy and telehealth access to all (https://ibn.fm/27pDX).
“The unprecedented increase in telehealth use during the current crisis is both a challenge and an opportunity to assess its impact on access to care, the quality of care, and the financial impact on the health care system,” wrote AMA researchers in a perspective essay published in NPJ Digital Medicine (https://ibn.fm/NEgn5). The quick implementation of telehealth was an crisis response to a widespread problem. However, industry experts predict it is also a change that will not be going away.
“The pandemic spurred a transition,” stated ISWH president and chair Alonzo Pierce in a recent letter to stakeholders (https://ibn.fm/9RKLD). “And it’s going to be impossible to put the genie back in the bottle afterwards. Companies that fail to embrace the future risk being left behind.”
ISWH has already established itself as a technology, home healthcare and wellness company. On March 24, 2021, the company officially announced its launch of TeleCare Home Health LLC, a wholly owned telehealth and home healthcare subsidiary (https://ibn.fm/vqRdo).
The company’s new TeleCare Home Health solution is ISWH’s way of implementing more efficient and effective strategies to provide clients, customers and shareholders “with every inch of edge we can muster.” It provides a simple, one-button wearable device for the patient that summons help much like the nurse call button at the hospital. This small telehealth solution provides the home health patient with a higher level of independence without sacrificing supportive care.
For more information, visit the company’s website at www.ISWHoldings.com.
NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://ibn.fm/ISWH
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