Welcome to our dedicated page for Innovative Medtech news (Ticker: IMTH), a resource for investors and traders seeking the latest updates and insights on Innovative Medtech stock.
Innovative MedTech, Inc. (IMTH), which later reported a corporate name change to AnTix Holdings, Inc., has generated news across health and wellness services, senior care, healthcare technology, and subsequent software-related transactions. Earlier company announcements describe Innovative MedTech as a provider of health and wellness services operating through its RX Vitality digital wallet and health care app and its SarahCare adult day care subsidiary.
News coverage for IMTH includes updates on the RX Vitality digital healthcare wallet, such as its availability on the Apple iOS App Store and Google Play Store and the company’s focus on supporting underbanked users and offering healthcare-related debit card features, loyalty programs, and pharmaceutical discounts. Other stories highlight SarahCare’s adult day care operations, its health-conscious menu initiatives, and beta testing of home health services intended to monitor participants in their homes as an extension of center-based care.
Additional IMTH news items feature corporate partnerships and advisory appointments. The company has announced a partnership with VSUSA Corp., a non-profit organization that supports veterans and seniors, tied to its Vitality debit card. It has also reported the creation of an external advisory board and a Scientific Advisory Board, adding advisors with experience in finance, media, technology, and public health to support growth, innovation, and geriatric care strategies.
Later filings under the AnTix Holdings, Inc. name describe an Asset Purchase Agreement and amendments involving software and artificial intelligence related to the ticket business, indicating an evolution in the company’s activities. Investors and observers using this news page can review historical press releases and updates to trace how IMTH has moved from health and wellness services and senior care toward additional software-related initiatives over time.
Innovative MedTech, Inc. (OTC: IMTH) announced its RX Vitality digital healthcare wallet, set to offer 20%-75% pharmaceutical discounts at 65,000 pharmacies nationwide, including Walgreens and CVS. This initiative aims to address the rising costs of OTC medications, providing an affordable solution for consumers. Additionally, customers will enjoy discounts at over 500 online merchants and can earn points through a Loyalty Program. The wallet will be accessible via mobile apps on Apple and Android platforms, alongside a physical healthcare card.
Innovative MedTech, Inc. (OTC: IMTH) announced a new loyalty program through its partnership with TruCash Group. The program allows customers to earn points on purchases made with their upcoming RX Vitality digital healthcare wallet, which is still in development. Customers can earn 1% back on daily RX Vitality Card purchases, with points redeemable for rewards. The initiative aims to enhance customer engagement and strengthen brand loyalty. The wallet will be accessible via mobile apps on Apple iOS and Android platforms.
Innovative MedTech, Inc. (OTC: IMTH) has partnered with mPulse Mobile to enhance its digital health services. This collaboration aims to integrate mPulse's conversational AI and health education platform into IMTH's upcoming digital wallet and app. With mPulse's extensive experience—boasting over 150 healthcare clients and 500 million annual conversations—the partnership is expected to boost user engagement and educational outreach. Michael Friedman, President of Innovative MedTech, expressed optimism about the collaboration, highlighting mutual value addition.
Innovative MedTech (OTC: IMTH) has announced a partnership with TruCash Group to introduce the RX Vitality Wallet, an all-in-one digital healthcare platform. This mobile wallet service aims to enhance the healthcare experience for consumers, hospitals, and governments by integrating financial services and diagnostic data. The RX Vitality Wallet will be available on both iOS and Android, with plans for a physical healthcare card. The partnership is expected to position the company competitively in the healthcare economy.
Innovative MedTech (OTC: IMTH) is set to expand its services by entering the digital payments marketplace. The company plans to develop a Super Healthcare App targeting consumers, patients, hospitals, and governments, aiming to streamline healthcare transactions. With U.S. healthcare costs at $3.6 trillion and the global digital payments market projected to grow from $7.36 trillion in 2021 to $15.27 trillion by 2027, Innovative MedTech seeks to enhance efficiency and care quality. This initiative aligns with their long-term growth strategy.
Innovative MedTech, Inc. (OTC: IMTH) announced a strategic partnership between its subsidiary SarahCare and Visa Franchise to enhance franchising growth in the adult day care sector. This new initiative aims to attract E-2 visa investors, leveraging the surge in E-2 visa issuances, which increased by 80% over the past decade. SarahCare plans to expand its franchise program amid anticipated industry growth as clients return to centers. The U.S. health care industry revenue is projected at over $1.6 trillion, with a significant portion generated by patient care.
Innovative MedTech (OTC: IMTH) has announced the renewal of franchise agreements for two SarahCare® centers in Texas, each extending for five years. These centers provide essential adult day services to a rapidly aging population, with about 30% of the local residents being 65 or older. The services aim to assist older adults, including veterans, and offer daily respite for caregivers, preventing premature nursing home admissions. This renewal highlights the critical role of adult day services in supporting community health.
Innovative MedTech, Inc. (OTC: IMTH) announced that its subsidiary, SarahCare Adult Day Services, has received $120,000 from the CARES Act funding through Ohio. This support aims to offset costs incurred due to COVID-19, including expenses from temporary closures and enhanced safety standards. Dr. Merle Griff, President of SarahCare, expressed gratitude for the funding, enabling the resumption of operations and ensuring a safe environment for older adults. The company operates 2 unique and 24 franchised locations across the U.S., providing health and wellness services.
Innovative MedTech, Inc. (OTC: IMTH) has appointed Monique M. Pizzute as Director of Franchise Support for its subsidiary, SarahCare Adult Day Services. In her new role, Pizzute will manage communications with franchise owners, track sales, and assist in new franchise development. She will also ensure compliance with state regulations and oversee the launch of new programs. With the senior adult day services industry rapidly expanding, Pizzute's appointment signifies a strategic move to enhance SarahCare's operational efficiency and franchise support.
Innovative MedTech (OTC: IMTH) has announced that its subsidiary, SarahCare Adult Day Services, received accreditation from the Commission on Accreditation of Rehabilitation Facilities (CARF). This accreditation is a significant milestone for SarahCare, which operates 27 locations domestically and internationally, providing essential health and wellness services to seniors. With a market size projected to surpass US$1,755 billion by 2026, this recognition enhances SarahCare's credibility and positions it as a leader in the growing adult day services industry.
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