Business
ISWH Home Healthcare Progresses Toward Major Expansion as Demand Soars on COVID-19 Threat
ISWH Home Healthcare Progresses Toward Major Expansion as Demand Soars on COVID-19 Threat.
About this update from Blockquarry Corp.
[{"type":"text","content":"\n LAS VEGAS, NV, March 25, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- ISW Holdings, Inc. (OTCMKTS: ISWH) (“ISW”, “ISWH”, or the “Company”), an emerging diversified leader in the healthcare and data infrastructure markets, is excited to provide current and prospective investors with a progress update as the Company expands its Home Healthcare operations in response to the tangible opportunity created by the tragic COVID-19 outbreak, and its dramatic impact on the conventional US healthcare system. “We are receiving a flood of calls every day as hospitals prepare for overwhelming circumstances,” commented Alonzo Pierce, President of ISWH. “We are waiting for final regulatory approval, and then we will aggressively launch services in Nevada, New Mexico, Arizona, and Florida, to accompany our current growing operations in Texas.” Management notes that, in addition to providing care for chronically disabled or ill home care clients, the Company has positioned itself to act as a supportive mechanism in the event of overflow conditions in the conventional healthcare system. The COVID-19 pandemic represents just such a catalyst, and the Company stands ready to handle a surge in clients as hospitals are forced to discharge patients to home care in order to make room for additional intensive care resources for those suffering from this disease. The Company is already taking on additional clients in the Houston, San Antonio, and El Paso service areas. As noted in prior communications, the Company has also begun the process of expanding its home healthcare operations outside of the state of Texas, moving into in Nevada (Las Vegas and Reno), New Mexico (Santa Fe), Arizona (Phoenix), and Florida (The Villages). As part of that process, the Company has established a registered agent in New Mexico. Regulatory requirements for each of these locations are in progress. The Company believes this expansion move has implications that stretch far beyond the immediate COVID-19 crisis. According to a recent report from Business Insider Intelligence, the US home healthcare market is projected to grow from $103 billion in 2018 to $173 billion by 2026 — outpacing growth in all other care types, including hospital care (+5.3% annually) and physician services (+5.6% annually). Pierce contin...