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  4. Generex Biotechnology Corp. (GNBTQ) Message Board

You know how this works hylander, they tell you of

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Post# of 36568
(Total Views: 231)
Posted On: 12/03/2020 1:04:22 PM
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Posted By: tc2000chartreader
Re: hylander #24086
You know how this works hylander, they tell you of their deal, yet then say "once NuGenHealth is established in practices". This deal looks complete with PVFM, but are they producing any revenue???

Quote:
Joe Moscato, President & Chief Executive Officer of Generex said, “ We are very excited to launch NuGenHealth with our physician partners at Paradise Valley Family Medicine,with whom we have been working for the last year to implement our plans and start this collaboration. The NuGenHealth SaaS system has been beautifully designed by our development partners at WWDT, and their simple implementation process will enable us to begin enrolling patients and generating reimbursements for the physicians at PVFM. Remote patient monitoring is a service that was positioned for significant growth leading into 2020, and the pandemic has only accelerated its adoption by physicians and reimbursements by CMS. Our contract with PVFM is the first of several that we plan to sign with other physician practices in the Phoenix area. And once NuGenHealth is established in the practices, we plan to launch our long-awaited ophthalmology and podiatry businesses to serve the large numbers of patients with diabetes and vascular conditions that are prevalent in the chronic care population. We will keep our shareholders apprised of our progress as we build our end-to-end model for physicians and patients with our partners in Arizona.”

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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.




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