iGambit, Inc. (OTCQB: IGMB) is engaged within the acquisition and development of medical technologies. Shares of the medical technology company surged 76.47% during trading on Tuesday, May 8, 2018. Over the past month, iGambit, Inc. has seen average daily volume of 90,116 shares. However, volume of 1.85 million shares or dollar volume of $111,000, exchanged hands during trading on Tuesday.
Shares of iGambit, Inc. soared today after the company entered into a partnership agreement with Winpoint Health, LLC, a chronic care management services company. The new partnership combines effective and compliant medical technology with quality health care professionals. This creates a more comprehensive and patient-centered delivery model that ultimately creates value and lowers costs. Here is the full press release detailing of the partnership agreement:
iGambit, Inc. Press Release:
SMITHTOWN, NY, May 08, 2018 (GLOBE NEWSWIRE) — iGambit, Inc. (OTCBB: IGMB) is pleased to announce that the company’s wholly owned subsidiary, HealthDatix, has entered into a contract with Winpoint Health, LLC. Winpoint Health is a New York based chronic care management service company that monitors patients between office visits by leveraging both first in-class technology and a fully trained clinical team of healthcare professionals.
It’s a known fact that 80% of Medicare beneficiaries have multiple chronic conditions and that over 71 cents of every healthcare dollar spend in the US is spent on those with multiple chronic conditions. By implementing an effective technology-driven oversight and compliance program, the companies can drastically reduce the number of hospitalization rates, rehospitalization rates and augment nursing home placement. This approach will also greatly reduce overall medical spending.
HealthDatix’s WellDatix Annual Wellness Visit provides a comprehensive preventive care plan including all the preventive screening and services a patient requires to maintain a healthy, balanced life. By using both HealthDatix’s superior “Medicare recommended care plan” and Winpoint Health’s “care managers” to execute first in-class patient care delivery, we can ensure the patient is on track for reduced chronic condition episodes while lowering their cost of care.
The new frontier of healthcare requires team-based care where multiple healthcare providers offer a more focused and comprehensive patient-centered delivery model. This value-based model requires at risk healthcare providers to purchase outside services through partners with technology like the HealthDatix-Winpoint Health programs. This improves healthcare outcomes for the patient, and at the same time, reduces overall medical costs.
Additionally, the HealthDatix passive monitoring wearable will be paired with the FDA approved Electronic House as an additional, leading edge, digital patient monitoring program for the Winpoint Health chronic care program and we anticipate it to be fully deployed by end of next quarter.
Healthy, Longer Lives, that’s our mission. Within the population of any group or organization there are people who are healthy and those that are at risk. Our mission is to aggregate their data and deliver accurate reporting necessary to make vital decisions on a course of treatment or education for those at risk. We empower you with the data needed to negotiate future health costs. We’re helping to shape the future of our nation’s health care system, with robust leveraging of technology that delivers value-based healthcare and payment without extra staff or additional efforts on the part of the caregiver. Our proprietary data analytics management uncovers new opportunities for health wellness visits and 24/7/365 monitoring of people with chronic conditions. For more information, please visit www.healthdatix.com.
About Winpoint Health, LLC
Winpoint Health, LLC combines technology, services, and our unique personal touch to deliver customized scalable plans to benefit both the provider and the patient. Our white labeled Chronic Care Management turnkey solution seamlessly enables a healthcare provider to increase its annual revenue and extend its patients’ office care into their homes with no upfront costs to either party, while empowering patients to take a more active role in managing their health. For more information, please visit www.winpointhealth.com
iGambit (OTCBB: IGMB) is a fully reporting publicly-held company. For more information, please visit www.igambit.com. Information on our website does not comprise a part of this press release.
Certain statements and information included in this press release constitute “forward-looking statements” within the meaning of the Federal Private Securities Litigation Act of 1995. When used in this press release, the words or phrases “will likely result,” “expected to,” “will continue,” “anticipated,” “estimate,” “projected,” “intends,” or similar expressions are intended to identify “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks, known and unknown, and uncertainties, including but not limited to, economic conditions, dependence on management, dilution to shareholders, lack of capital changes in laws or regulations, the effects of rapid growth upon the Company and the ability of management to effectively respond to the growth, demand for products and services of the Company, newly developing technologies, its ability to compete, conflicts of interest related to party transactions, regulatory matters, protection of technology, lack of industry standards, the effects of competition, and the ability of the Company to obtain additional financing. Such factors could materially adversely affect the Company’s financial performance and could cause the Company’s actual results for future periods to differ materially from any opinions or statements expressed within this press release.