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  4. BioElectronics Corporation (BIEL) Message Board

Business Model built for Musculoskeletal (MSK) Pa

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Post# of 8470
(Total Views: 440)
Posted On: 11/14/2021 1:23:06 PM
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Posted By: swordfish
Business Model built for Musculoskeletal (MSK) Pain Relief

ActiPatch/RecoveryRx would be a perfect fit for Hinge Health or a similar company.

Hinge Health works with employers to relieve their employees' chronic MSK Pain.

"Founded in 2015, Hinge Health is a digital clinic specifically designed to treat musculoskeletal conditions such as back and joint pain. Hinge Health was born out of a growing need for better and innovative healthcare solutions for chronic back and joint pain."

"The company has been around for a little over five years and has already hit the massive $3 billion valuation mark."

"The company is definitely doing something right, with notable companies such as Kraft Heinz, Walgreens, and Red Bull joining the platform."

"US Foods has more than 400,000 of its employees enrolled with Hinge Health. They also reported seeing a 300 percent increase in revenue in 2020 alone."

"The company seeks to stray away from the typically suggested opiate and surgical solutions which are commonly ineffectively. Instead, they confront the problem by utilizing best practice care guidelines, powered by science and technology."

In March 2021 Hinge Health purchased the Wearable company Enso. Enso is TENS technology. TENS has been proven inferior to SWT in most all criteria.

https://www.hingehealth.com/enso/

https://www.soocial.com/how-does-hinge-health-make-money



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