SAN JOSE, CA, October 18, 2016 /24-7PressRelease/ — TeleHealth365 today announced that it has acquired WideState Medicare Tourism LLP for an undisclosed amount of cash and stocks. WideState Medicare Tourism is now a division of Telehealth365, Inc operating from India. This will allow TeleHealth365 to enter the medical tourism market which will generate $143.8 billion by 2022, according to Allied Research.
TeleHealth365’s secure video solution is being used in the USA and globally. The business is seeing major growth throughout these markets. Individual healthcare providers and hospitals are using secure video conferencing to schedule virtual office visits with patients in their communities, especially in rural areas where hospitals and clinics may not have an on-staff specialist.
“TeleHealth365 has built a cloud platform that allows two-way video consultation over the internet, available anywhere in the world and at a compelling cost structure. There is no expensive equipment to purchase as it works on your laptop, tablet, smartphone, iPad and iPhone. It’s exciting now because healthcare providers can serve their patients anytime, anywhere, including in their homes,” said TeleHealth365’s CEO and founder, Vijay Sharma. “TeleHealth365’s ability to integrate with EMRs is a stepping stone to the growth of telemedicine in the USA.”
“We conducted an exhaustive search for a healthcare management company that would complement TeleHealth365 vision of making healthcare accessible to hundreds of millions of people in Asia, Africa and the Middle East. We are delighted to have Dr. Alekh Sharma (Founder of WideState Medicare Tourism LLP) and his team on board. Dr. Alekh, as General Manager, will focus on Asia, Africa and the Middle East healthcare market,” said Vijay Sharma. “The Wide State Medicare team has grown a fantastic business centered on connecting the world’s most prestigious hospitals with patients across the globe.”
Dr. Alekh Sharma of WideState Medicare said, “I have always admired TeleHealth365 for its innovation and dynamic leadership team, and I’m honored to be joining their team. I have tremendous respect for Vijay (CEO), Dr. Jagdish Patel (CMO) and his team, and I look forward to working with them.”
About TeleHealth365 Inc.
TeleHealth365 Inc. is headquartered in Silicon Valley, California. It serves “for profit healthcare providers” and NGOs throughout the world, connecting patients to doctors anytime, anywhere. (https://www.TeleHealth365.com).