Hydreight in Partnership with DSV Global and VS Digital Health Launches Telemedicine Solution That Helps Companies Launch A D2C Healthcare Brand In All 50 States
Hydreight Technologies is launching this healthcare platform in partnership with VS Digital Health and DSV Global.
The platform is called VSDHOne (Read as VSDH-One).
VSDHOne Simplifies the entry challenges for companies and medi-spa businesses to enter the Online healthcare space compliantly.
DSV global is going to use VS Digital Health and Hydreight’s Technology and infrastructure to help all business to launch a direct to consumer healthcare brand in matter of days in all 50 states.
Compliant offerings include: GLP-1s (Semaglutide, Tirzepatide), Peptides, Personalized Healthcare Treatments, Sermorelin, TRT , Hair Loss, Skincare, Sexual Health and more.
VSDHOne’s soft release was in May 2024 and the official Launch will be in June with already having a waitlist of potential clients to come onboard.
VANCOUVER, British Columbia and LAS VEGAS, June 05, 2024 (GLOBE NEWSWIRE) -- Hydreight Technologies Inc. (“Hydreight”or the “Company”)( TSXV: NURS )( OTCQB: HYDTF )( FSE: SO6 ), a fast-growing mobile clinical network and medical platform which enables flexible at-home medical services across 50 states in the United States, in partnership with a Victory Square Technologies (CSE:VST) (OTC:VSQTF) (FWB:6F6) subsidiary, VS Digital Health and DSV Global is launching the VSDHOne, a fully-featured end to end telemedicine solution that helps companies launch a direct-to-consumer healthcare brand - and do it in days rather than months at a fraction of the cost in all 50 States.
Consumer trust in the healthcare system is at an all-time low. This is due to equal access to care and pricing. The purpose of launching VSDHOne is to make it easy for any existing brick and mortar or individuals to launch a direct to consumer healthcare brand in a few weeks without worrying about compliance, doctor network, telemedicine and ecommerce Technology, Medical direction and oversight, Pharmacy network, and a medical legal framework in all 50 States. With the marriage of Virtual and at facility healthcare features, Companies can expand beyond their current Bricks and Mortar solutions.
“As unsexy as it might sound, digital health infrastructure is rapidly emerging as one of the sector's hottest bets, as virtual-first care companies proliferate and scale. This announcement comes as health tech enjoys its Shopify moment, with a flurry of startups vying to supply the technological backbone for health care companies. And VSDHOne is separating itself from the pack and poised to emerge a winner,” said Shane Madden, CEO of Hydreight Technologies. “We have built a service, technology and partnership stack to power your telehealth needs, just add your brand and we take care of the rest. This partnership and its projected cash flow will help us with one of our top priorities of this year for profitability.”
Features include:
eCommerce Platform
Telemedicine Technology
Booking and Scheduling Technology
Membership management Technologies
Nationwide Doctors Network in all 50 States
Pharmacy Network and fulfillment partners
Medical Direction
Medical Legal Structure
Payment Processing
VSDHOne’s soft release was in May 2024 and the official Launch will be in June with already having a waitlist of potential clients to come onboard.
This has created a massive opportunity for these outsiders to step in and leverage their ultimate advantage—brand recognition and loyalty with customers. They understand the investment it takes in building experiences around their customer, prioritizing value and convenience along the way. Their physical presence can also be found in every town—sometimes seemingly on every corner—creating local relationships with their customers despite their national position.
VSDH and Hydreight Technologies have been building out the infrastructure for a "Telehealth 2.0" solution with an eye toward working with nontraditional players like: MedSpas, Health & Wellness Entrepreneurs, retailers, pharmaceutical brands, labs, diagnostics companies and other various healthcare companies. It offers the underlying infrastructure that enables virtual care for its customers, along with a nationwide network of clinicians to provide the care. The company can also offer tailored care programs, such as for women’s health, men’s health or condition management.
"We are bringing this enhanced platform to the market to support some of the most innovative companies in healthcare," said Shafin Diamond Tejani, CEO of Victory Square Technologies. "Our goal is to provide a seamless platform for companies to create consumer-centric healthcare experiences. While many companies are cutting back on technology investments, we are doubling down because we recognize the growing demand for convenient and personalized healthcare."
In certain states, there remains a significant limitation in accessing healthcare professionals. More than 80% of counties across the country lack access to services needed to maintain, much less improve, their health. That's approximately 30 million Americans who live in "healthcare deserts" where accessible physicians are scarce. The Nationwide rollout of the VSDH platform marks a crucial step towards ensuring quality care for all Americans.
"During the pandemic, we saw pharmacy retail chains play a crucial role in vaccinating much of the country. Now, we're moving towards a future where people can visit their local superstore for a flu shot and their annual physical, or use their favorite retailer’s app to connect with a clinician virtually and have over-the-counter treatments delivered to their home. This vision has been a long-term goal for megaretailers, but the technology needed to deliver a superior hybrid care experience wasn't mature enough until now. The widespread adoption of virtual care has changed everything. With the technology now in place to support this transformation, retailers can easily provide timely, convenient, and affordable care to their customers wherever and whenever they need it. The VSDH platform offers a unified, scalable, and cost-effective solution for virtual care delivery, revolutionizing access to healthcare.”
Hydreight Technologies Inc. is building the largest mobile clinic network in the United States. Its proprietary, fully integrated platform hosts a network of over 2500 nurses, over 100 doctors and a pharmacy network across 50 states. The platform includes a built-in, easy-to-use suite of fully integrated tools for accounting, documentation, sales, inventory, booking, and managing patient data, which enables licensed healthcare professionals to provide services directly to patients at home, office or hotel. Hydreight is bridging the gap between provider compliance and patient convenience, empowering nurses, med spa technicians, and other licensed healthcare professionals. The Hydreight platform allows healthcare professionals to deliver services independently, on their own terms, or to add mobile services to existing location-based operations. Hydreight has a 503B pharmacy network servicing all 50 states and is closely affiliated with a U.S. certified e-script and telemedicine provider network.
On behalf of the Board of Directors
Shane Madden Director and Chief Executive Officer Hydreight Technologies Inc.
This press release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.
Neither TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. This press release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.
Cautionary Note Regarding Forward-Looking Information
This press release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, path to profitability, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “projecting”, “expect” or similar expressions and includes information regarding expectations for the Company's growth and profitability in 2024.
Investors are cautioned that forward-looking information is not based on historical facts but instead reflects the Company’s management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the ability to obtain requisite regulatory and other approvals with respect to the business operated by the Company and/or the potential impact of the listing of the Company’s shares on the TSXV on relationships, including with regulatory bodies, employees, suppliers, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation; and the diversion of management time as a result of being a publicly listed entity. This forward-looking information may be affected by risks and uncertainties in the business of the Company and market conditions.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.