Business
Mitesco, Inc. Breaks Ground on The Good Clinic at Lennar Corporation Site in Minneapolis
Mitesco, Inc. Breaks Ground on The Good Clinic at Lennar Corporation Site in Minneapolis.
About this update from Mitesco, Inc.
[{"type":"text","content":"\n MINNEAPOLIS, MN, Oct. 15, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Mitesco, Inc. (OTCQB: MITI) today announced that its new clinic operations, “The Good Clinic” is has received approval to commence construction of its flagship unit in Minneapolis, Minn. The clinic site is part of a new mixed-use development, NordHaus, which was developed and is owned by Lennar Corporation, an NYSE listed builder and developer of note. Lennar currently owns 52 similar apartment complexes in the US and is expanding annually.  “This is an exciting moment for the Company. When you examine the changing market for primary care, you quickly realize it is very timely,” said Larry Diamond, CEO of Mitesco. “We believe the Lennar property is an excellent fit for our clinic, with more than 600 units within the high-rise building and the bustling traffic in the area. Our nurse practitioner model should allow us to expand readily from here, with the availability of sufficient expert practitioners, a better cost management approach than traditional clinics, and our innovative consumer-focused practice.” Michael Howe, CEO of The Good Clinic, LLC, a wholly-owned subsidiary of Mitesco, discussed the team behind the Clinic operations. “Our prior experience with Minute Clinic gave us valuable insight into the best approach, and how to both configure the services offering and site selection. We think this plan has substantial upside, both monetarily, and with regard to the quality of healthcare services we can provide to our clients.” The team charged with executing the plan is as follows:  Michael C. Howe is the Chief Executive Officer of The Good Clinic, LLC. Mr. Howe has successfully grown consumer-facing businesses, including the business now known as MinuteClinic, acquired by CVS in 2006. As CEO of the new business unit, Mr. Howe brings 30+ years of consumer and healthcare experience including Minute Clinic, Arby’s Restaurants, and Verify Brand.   Rebecca Hafner-Fogarty, MD, MBA, FAAFP is the Chief Medical Officer. Dr. Hafner-Fogarty brings valuable consumer health experience including senior roles at MinuteClinic as well as Zipnosis. She is an experienced primary care physician who served on the Minnesota Board of Medical Practice for many years,...