- ISW Holdings shaping up to become leader in rapidly growing telehealth and home healthcare market, appears ready for post-COVID world
- Company is eyeing new growth opportunities in telehealth, considering potential acquisition of autism therapy telehealth solution
- ISWH remains committed to tapping into emerging market trends, seizing high-potential opportunities
ISW Holdings (OTC: ISWH), a global brand-management holdings company with commercial operations in telehealth and cryptocurrency mining, stands ready for the post-COVID era as the telehealth sector takes a more central stage. The company recently announced the official launch of TeleCare Home Health LLC, its wholly owned telehealth and home health-care subsidiary, in a bid to meet pressing needs created by the pandemic (https://ibn.fm/r6IEo).
Quick to recognize and respond when opportunities emerge, ISWH appears well positioned to become a leader in the $300 billion global home healthcare market. The sector has seen rapid growth over the past year and is projected to grow at a CAGR of 7.9%, reaching $515.6 billion by 2027.
ISW Holdings believes the projected growth numbers could be even more optimistic in the space following the pandemic. Although COVID brought disruption at an unprecedented scale, some changes are expected to stay even when the pandemic wanes. Broader acceptance of telehealth is one of them. Telehealth technology has made inroads that, when coupled with deregulation of external health management and more general acceptance of nontraditional healthcare formats, have created an environment more suitable for remote healthcare over the past year.
“The pandemic crisis has sparked many changes, and some of them will be with us for the long term,” said Alonzo Pierce, president and chairman of ISW Holdings. “A great example of one such change is the way we interface with our health-care resources. Regulatory and cultural changes have opened up a more efficient path forward, and TeleCare will be one of the front-line players helping to shape that future.”
Confident in the telemedicine’s upside potential, ISWH has recently renegotiated its relationship with Paradigm Home Health, its telehealth and home health-care joint venture partner, to increase the company’s share of sales from 50% to 70% (https://ibn.fm/daLXo).
But the company will not stop there. Poised to seize lucrative market opportunities, ISWH plans its next steps to capitalize on the solid telehealth momentum. The company is considering a potential acquisition of an autism therapy telehealth solution, believing that an unmet market need exists in this space.
As a diversified portfolio company, ISW is committed to investing in essential business lines and disruptive industries that serve high-potential consumer demands. Focused on anticipating marketplace needs, the company invests in businesses exposed to emerging market trends, supporting them with a structure that can respond to large scalability requirements.
“TeleCare Home Health gives us a proprietary footprint in the vastly growing telehealth and home health-care market,” said Pierce. “With demand for telehealth and home health-care 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 health care. 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.”
For more information, visit the company’s website at www.ISWHoldings.com.
NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://ibn.fm/ISWH
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