Culver City, CA 90230, US
Healthcare
www.ewellnesspt.com
We are first to market with our telemedicine based distance monitored physical therapy exercise (“DMpt”) program which has been specifically designed to prevent pre-diabetic patients from becoming type 2 diabetic.
Our program combines in-office direct-contact physical therapy eval uations, re-evaluations and physical performance testing with an on-line telemedicine exercise program that is fully monitored by our in-house physical therapists to increase patient engagement and program success. We also enroll our patients in an online healthy living nutrition and meal planning program.
Our initial services and business plan is specifically built around a 25-year partnership agreement with Millennium Healthcare, Inc. (MHCC) that has 450-plus physicians that currently see approximately 75,000 patients per week in over 200 practices in metropolitan New York and Northern New Jersey.
There are no current direct competitors. There are brick and mortar physical therapy business everywhere (i.e.: U.S. Physical Therapy) that have only direct contact business models that have no telemedicine products and very low patient loads. There are also telemedicine physical therapy businesses such as www.physiotec.ca that create and sells exercise video to physical therapists, but their business is not insurance reimbursable and there is little patient engagement.
A majority of the MHI patients are sedentary and pre-diabetic with some coronary issues. Our initial contract covers the New York City and northern New Jersey tri-borough area (19.8 million people), the most populated region in the United States.
Our Physical Therapy Program allows us to bill a patient’s insurance for traditional in-office patient visits and for our telemedicine exercise program sessions. Our low program cost to an insurer is up to approximately $3,000 per patient.
Our first to market telemedicine physical therapy exercise program combines in-office direct-contact physical therapy evaluations, re-evaluations and physical performance testing with an on-line telemedicine exercise program. We also enroll our patients in an online healthy living nutrition and meal planning program.
Douglas MacLellan, Chairman of the Board at eWellness Corporation
Mr. MacLellan holds over 26 years of senior level international executive business experience primarily in the financial information, pharmaceuticals, telecoms, software, consumer products and IT industries. MacLellan has been a catalyst for the development and financing of global businesses in the United States and in the countries of: Bulgaria, Cambodia, Canada, Chile, China, Hungary, India, Korea, Madagascar, Vietnam and Russia. Throughout his professional career, as a senior international business executive and or as a member of the board of directors of numerous companies, he has provided management advice and counsel on: strategic planning, operational activities, corporate finance, economic policy, asset allocation and mergers & acquisitions. Mr. MacLellan is also a regular speaker at industry conferences and has been interviewed on various syndicated radio and television news programs.
Darwin Fogt, President & CEO: Darwin Fogt, MPT, is a New York and California Licensed Physical Therapist with a B.S. in Exercise Physiology from USC and a Masters degree in Physical Therapy from Cal State Long Beach. Darwin has worked as a physical therapist in neurological rehabilitation and in-patient settings, but has spent most of his professional career doing orthopedic and sports medicine rehabilitation. Licensed as a personal trainer through the American College of Sports Medicine, Darwin created a clinic which fostered not only exceptional patient care but also provided state of the art fitness and sport training as well as professional, research-based fitness training. Evolution Physical Therapy has been an active participant in community outreach and educational programs including preventive obesity programs in conjunction with the Los Angeles Clippers and hosted a variety of free lectures on various topics within the clinics.
Curtis Hollister, Chief Technology Officer & Board Member: Founder of Social Pixels & Ripplefire, Curtis Hollister is a global entrepreneur and innovator known for his ability to identify and capitalize on industry trends. Having successfully grown and sold a number of his own start-ups, since 1999 Hollister is now focused on helping public companies apply online media and digital campaigning to investor relations. Hollister’s technology leadership began in 1995 when he started the first successful Internet service provider in Ottawa, Canada’s capital city. After selling the business in 1997, he founded another technology start-up to capitalize on the emerging Intranet application market, which was in its infancy at the time. As the company grew, Hollister created a spin-off focusing on peer-to-peer networking.
David Markowski, Chief Financial Officer & Board Member: Mr. Markowski is a senior financial executive. From October 2009 to present he has been the Director of Corporate Development for Visualant, Inc. From June 2003 to 2010 he was President of Angel Systems, Inc. an independent consulting firm with competencies in strategic marketing and business development. From January 1998 to October 1998, Mr. Markowski served as the Vice President of Finance for Medcom USA, a NASDAQ listed company. Prior to that Mr. Markowski has a decade of investment banking experience on Wall Street involved in financing start-ups and public offerings. He is a business development specialist with accolades in INC Magazine and others. Mr. Markowski obtained a BA degree in Marketing from Florida State University in 1982.
Prior Year Revenue | Current Year Revenue | Next Year Revenue |
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Company Age | Employees | Sub-Industry |
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3 years, 4 months | 6 | Specialized Health Services |
Company Type | Stock Exchange | Stock Symbol |
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Privately-Held | – | – |