Business
Mobile-health Network Solutions and Ryde Group Ltd Sign Partnership Agreement
SINGAPORE - (NewMediaWire) - June 27, 2024 - Mobile-health Network Solutions (Nasdaq: MNDR) ("MaNaDr" or "the Company"), a leading Asia-Pacific telehealth
About this update from Mobile-health Network Solutions
[{"type":"text","content":"SINGAPORE - (NewMediaWire) - June 27, 2024 - Mobile-health Network Solutions (Nasdaq: MNDR) (\"MaNaDr\" or \"the Company\"), a leading Asia-Pacific telehealth provider, today announced it has signed a partnership agreement (\"Partnership\") with Ryde Group Ltd (NYSE American: RYDE) (\"Ryde\"), a leading technology platform for mobility and quick commerce, that aims to address the challenges faced by Ryde's driver-partners and their families in accessing quality healthcare. \n \nThese challenges, which include the spiraling out-of-pocket costs of primary healthcare visits and prescription medications, often present a financial burden for these driver-partners. \nAs per the Partnership, all Ryde driver-partners and their families will have the right, effective August 1, 2024, to the following health and wellness benefits from MaNaDr: \n1) Affordable Teleconsultations. Access to MaNaDr's 24/7 telemedicine platform at members' rates, ensuring timely, affordable, and convenient medical consultations.\n2) Doorstep Medication Delivery. Convenient access to necessary medication, eliminating the need to visit the clinic. \n3) Long-term Health Focus. Regular medical check-ups can provide early intervention for minor health issues and prevent them from possibly developing into bigger problems that require more extensive and expensive treatment. \nIn addition, the Partnership creates mutual benefits such as \n1) Increased Brand Awareness: Both companies will engage in a joint marketing campaign to promote each other's services to their respective user bases.\n2) Potential for Future Growth: Both companies will look to explore more opportunities in the future. \n\"Ride-hailing drivers are recognized in Singapore as savvy consumers,\" said MaNaDr co-CEO and co-Founder Dr. Siaw Tung Yeng, PBM, Senior Consultant Family Physician. \"Ryde's extensive network of driver-partners presents a valuable opportunity to raise awareness of the benefits of telehealth services across Singapore. We believe this would likely result in Mobile-health Network Solutions receiving a significant influx of new patients and contribute to the growth of the telehealth industry in Singapore.\"\nLikewise, Ryde CEO and Founder Terence Zou said he believed the Partnership would encourage MaNaDr users requiring local transportation to utilize Ryde's ride-hailing and carpooli...