LAS VEGAS, March 24, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company with commercial operations in telehealth and cryptocurrency mining, announces the official launch of TeleCare Home Health, LLC (“TeleCare”), a wholly owned telehealth and home healthcare subsidiary. ISW Holdings, through its subsidiary TeleCare Home Health, LLC, is now positioned to take advantage of the $300 billion global home healthcare market.
Grand View Research anticipates the global home healthcare market size to reach $515.6 billion by 2027, registering an expected compound annual growth rate (CAGR) of 7.9% from 2020 to 2027.
“TeleCare Home Health gives us a proprietary footprint in the vastly growing telehealth and home healthcare market,” said Alonzo Pierce, president and chairman of ISW Holdings. “With demand for telehealth and home healthcare services increasing due to our aging population, we believe we are well positioned to offer high quality, effective services to meet the rapidly growing demand for more patient-centric services through value-based healthcare. We are confident that today’s official launch of TeleCare Home Health is the beginning of a company focused on providing a solution to what will soon become a half-trillion-dollar marketplace.”
TeleCare is awaiting Medicare/Medicaid accreditation but has already reached the qualifying number of patients and has hired a full-time Director of Nursing. As a feature of its continued partnership with Paradigm Home Health, LLC, management from both companies will work together to foster the success and growth of the joint venture.
Pierce added, “The pandemic crisis has sparked many changes, and some of them will be with us for the long term. A great example of one such change is the way we interface with our healthcare resources. Regulatory and cultural changes have opened up a more efficient path forward, and TeleCare will be one of the frontline players helping to shape that future.”
The Company believes there is tremendous upside in the global home healthcare market with the projected growth numbers, which may be underestimated in the space following the pandemic. Advances made in telehealth technology, broad deregulation of external health management, and widespread acceptance of care outside of traditional healthcare facilities have clearly become far more common over the past year.
About ISW Holdings
ISW Holdings, Inc. (ISWH), based in Nevada, is a diversified portfolio company comprised of essential business lines that serve consumer product demands. Our expertise lies in strategic brand development, early growth facilitation, as well as brand identity through our proprietary procurement process. Together, with our partners, we seek to provide a structure that meets large scalability demands, as well as anticipated marketplace needs. We are able to meet these needs through a variety of strategic innovative processes. ISWH is creating and managing brands across a spectrum of disruptive industries. It maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration, and distribution efficiency. The company has also partnered with a well-known software development and consulting company, Bengala Technologies LLC, which is developing significant enhancements in the supply chain management space; and the partnership has a vitally needed patent now pending.
For more information, visit www.iswholdings.com.
Forward Looking Statements
This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including "could," "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company's reports filed from time to time with OTC Markets (www.otcmarkets.com).
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