Business
MediXall Group Announces Expansion to Health Karma Product Line - Closes Transaction with 24hr Virtual Clinic
MediXall Group Announces Expansion to Health Karma Product Line - Closes Transaction with 24hr Virtual Clinic.
About this update from Medixall Group, Inc.
[{"type":"text","content":"FORT LAUDERDALE, FL / ACCESSWIRE / February 3, 2022 / MediXall Group Inc. (OTCQB:MDXL), an innovative healthcare solutions provider, today announced that it acquired 100% of WellCare First, which is a recently established joint venture of 24hr Virtual Clinic LLC and Health Karma. The new wholly owned subsidiary of MediXall Group, WellCare First will take over all sales and marketing of 24hr Virtual Clinic LLC. MediXall Group issued 500,000 shares of its Common Stock to 24hr Virtual Clinic LLC as consideration for the acquisition.24hr Virtual Clinic provides an integrated suite of technology with its purpose help employees at all levels, stay healthy, be productive, on the job and increase profitability. Workers 1st Call & Report™ is the 24/7/365 solution for preventing and mitigating physical and behavioral health injuries and incidents. The program provides pre-claim, preemptive solutions to reduce work comp claims, costs, fraud and unnecessary and over-utilized case management. The program combines behavioral health consultations and Registered Nurse triage for injuries and incidents into an integrated, easy-to-access, plug-and-play program. Significant savings, generated by mitigation of the number and cost of work comp claims, helps maintain or reduce the employer's E-mod rating or insurance premium.24hr Virtual Clinic also offers Responders 1st Call™ a confidential, anonymous in-the-moment 24/7/365 Trauma Helpline for First Responders to destress and digest traumatic situations which could lead to a work comp claim, disability, or suicide. This program provides in-the-moment consultations to the First Responder and their family to address work-related or personal, emotional, or behavioral health issues such as stress, anxiety, depression, substance abuse, domestic conflicts, relationships, or other issues interfering with responsibilities at work or home.With the acquisition, 24hr Virtual Clinic Founder & Chief Innovation Officer, Dr Ann Hawkins, and Chief Integration Officer Robert Hood, will join the MediXall Group Executive team and lead the new wholly owned subsidiary, Wellcare First.In 1973 as a university student, Ann recognized the time and money benefits of preventive healthcare--keeping people healthy in lieu of bringing them back to health. This understanding of the positive financial, personal...