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Healthcare Integrated Technologies, Inc. Announces the Filing of Five (5) Additional Patent Applications

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Healthcare Integrated Technologies, Inc. (HITC) has filed five additional patent applications, enhancing its position in telemedicine and remote patient monitoring. Key innovations include:

  • Audit Trail and Auto Reimbursement: Automates reimbursement tracking for medical tasks.
  • Health Status Tracking: Focuses on early health issue detection.
  • Care Pathway Management: Aims to reduce hospital readmissions.
  • Pathogen Detection System: Identifies infectious disease hotspots at home.
  • Enhanced Fall Detector: Improves existing fall detection technology.

This brings HITC's total patent applications to 15 for the quarter, highlighting its focus on intellectual property as a value creation source.

Positive
  • Addition of five patent applications bolsters technological portfolio.
  • Total of 15 applications filed in the current quarter, enhancing competitive edge.
Negative
  • None.

Knoxville, Tennessee, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Healthcare Integrated Technologies, Inc. (“HITC”) is pleased to announce the addition of another five (5) patent applications to its patent portfolio, thereby shoring up its position as the leading agnostic healthcare platform for telemedicine, remote patient monitoring and safety in the home.

The following is a summary of the latest applications filed:

AUDIT TRAIL AND AUTO REIMBURSEMENT tracks the tasks performed by a medical practitioner, assigns a CPT code and submits for reimbursement.

SYSTEM AND METHOD FOR TRACKING A USER’S HEALTH STATUS focuses on preventive medicine by identifying health issues before symptoms become readily identifiable.

CARE PATHWAY AND PHYSICIAN VISIT PATHWAY MANAGEMENT provides for reduction in readmissions by ensuring patient compliance with a health plan.

METHOD AND SYSTEM FOR PATHOGEN DETECTION AND REMEDIATION provides an in-home solution for pathogen detection, remediation and identifying infectious disease “hot-spots.”

FALL DETECTOR SYSTEM AND METHOD adds to HITC’s existing portfolio of fall detectors by improving on current solutions in the market.

As stated in previous releases, HITC realizes the power of IP and the importance of a centralized and proactive management of all IP activities including, portfolio administration, litigation, mergers and acquisitions, licensing, and monetization.

“IP is an important source of value creation for HITC as we continue developing our products and executing our business plan. This five (5) additional filings brings our total applications to fifteen (15) for the current quarter”, said Scott M. Boruff, CEO.

About Healthcare Integrated Technologies, Inc.

HITC is focused on developing effective, non-intrusive, resident monitoring technologies for senior living communities. HITC is headquartered in Knoxville, Tennessee. More information on HITC can be found at www.getHITC.com.

Statements Regarding Forward-Looking Information

Certain statements contained herein are forward-looking statements including, but not limited to, statements that are predications of or indicate future events, trends, plans or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties. Forward-looking statements are not guarantees of future activities and are subject to many risks and uncertainties. Due to such risks and uncertainties, actual events may differ materially from those reflected or contemplated in such forward-looking statements. Forward-looking statements can be identified by the use of the future tense or other forward-looking words such as "believe," "expect," "anticipate," "intend," "plan," "should," "may," "will," "continue," "strategy," "position," "opportunity," statements regarding the "flexibility" of the Company or the negative of any of those terms or other variations of them or by comparable terminology. A discussion of these risk factors is included in the Company’s periodic reports filed with the SEC.

Contact:

Mr. Scott M. Boruff, CEO
(865) 237-4448

FAQ

What new patents did HITC announce on October 19, 2020?

HITC announced five new patent applications focusing on healthcare technology, including systems for reimbursement tracking and health status monitoring.

How many patent applications has HITC filed in the current quarter?

HITC has filed a total of 15 patent applications in the current quarter.

What is the significance of HITC's new patent applications?

The new patents enhance HITC's position as a leader in telemedicine and remote patient monitoring technologies.

What areas do HITC's new patents cover?

The new patents cover audit trails for reimbursement, health status tracking, care pathway management, pathogen detection, and fall detection.

Who is the CEO of Healthcare Integrated Technologies?

Scott M. Boruff is the CEO of Healthcare Integrated Technologies, Inc.

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