Business
MediXall Group Sets Its Strategy Apart From the Rest of the $3.8 Trillion US Healthcare Market
MediXall Group Sets Its Strategy Apart From the Rest of the $3.8 Trillion US Healthcare Market.
About this update from Medixall Group, Inc.
[{"type":"text","content":"Companies race to telemedicine; MediXall establishes foothold in virtual and in-person solutionsFORT LAUDERDALE, FL / ACCESSWIRE / April 5, 2021 / MediXall Group, Inc. (OTCQB:MDXL), an innovative healthcare solutions provider, highlighted today how its business strategy differs from others now trying to capitalize on the $3.8 trillion US healthcare market and the telemedicine boom.Healthcare is one of the largest and fastest growing industries in the world. It is also one of the most complex. When MediXall Group launched its mission was quite simple, make it easier. Stated Neil Swartz, CEO of MediXall Group, "Everyone around the table from consumers, to employers, providers and even our own government has struggled with understanding and explaining the complexities of our healthcare system. We see MediXall as a highway for the consumer healthcare journey. Our goal is to provide innovative solutions to reduce costs that fit our overall mission of simplifying the consumer experience."MediXall's wholly owned subsidiary, Health Karma, built the company's first solution to the market. Health Karma is an online tool that helps consumers reduce healthcare costs and understand the complex world of health and wellness. Since the outbreak of the COVID-19 pandemic in the US, telehealth has emerged as a major tool to fight and contain the virus and ease the burden on traditional healthcare systems. Last year Health Karma introduced the Health Karma for Employer program including Virtual Primary Care to address employer needs to cut healthcare expenses and provide safe affordable and accessible healthcare for all. According to a national survey conducted by Lake Research Partners for SBM and Families USA, many businesses have had to slash benefits during the pandemic. One in three small business owners say they see healthcare as a top priority and one in five say they plan to change or lower benefits in the next few months."With the surge of big companies entering telehealth with the COVID-19 outbreak and the recent announcement of Amazon Care for Employers, we have had several shareholder inquiries about differentiators for Health Karma. In truth, we see this as a positive for our Health Karma for Employers product as it validates our virtual primary care offering and provides us with the opportunity to highlight our ...