LiveCare's Member Acquisition Surges With In-House Program

Rhea-AI Summary

LiveCare, Inc. announces success of in-house patient acquisition initiative

Positive

• LiveCare's in-house patient acquisition initiative has been successful, enrolling an average of 20 new patients daily
• The company aims to double this number and target 40 new patients daily by the end of the year

Negative

• None.

Venice, FL, USA, Oct. 20, 2023 (GLOBE NEWSWIRE) -- LiveCare, Inc. (OTC:LVCE), a pioneering force in the telehealth sector dedicated to supporting type II diabetes patients often overlooked, proudly announces the success of its innovative in-house patient acquisition initiative.

Launched on October 4, 2023, this in-house program was designed to create more member acquisition channels. The initiative, backed by a team of 10 dedicated representatives, has proven to be LiveCare's most successful acquisition strategy to date. The company is already enrolling an average of 20 new patients daily and is optimistic about doubling this number, targeting 40 new patients daily by the close of the year.

CEO Max Rockwell shared his insights, stating, "Our in-house acquisition strategy is a testament to LiveCare's commitment to growth and excellence. We're not just a company; we're a community. Who better to convey the value of LiveCare than our own team? The early results are a clear indication of the program's success. This approach not only benefits our company but also ensures our members receive accurate information, all while upholding the highest standards of compliance."

Currently, LiveCare proudly serves approximately 3,500 members nationwide, generating an impressive $6M in annual revenues. With the support of Medicare and other insurance providers, patients can access LiveCare's services at minimal to zero personal cost. Our team, comprising 20 Certified Nurse Assistants trained by the Association of Diabetes Care & Education Specialists, is overseen by an onsite Nurse Practitioner and our esteemed Chief Medical Officer, Dr. Pareena Bilkoo. LiveCare's unique program is tailored to each patient, leveraging cutting-edge technology to ensure 24/7 connectivity with compassionate professionals, enhancing their overall well-being and quality of life.

Chairman Jim Dalton reflected on the company's journey, saying, "From the outset, my vision for LiveCare was to create a company genuinely committed to making a difference. Today, I stand proud, knowing that LiveCare not only promises but delivers."

Forward-Looking Statements: This press release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Except for historical matters contained herein, statements made in this press release are forward-looking statements. Without limiting the generality of the foregoing, words such as "may", "will", "to", "plan", "expect", "believe", "anticipate", "intend", "could", "would", "estimate," or "continue", or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements. Forward-looking statements involve known and unknown risk, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Also, forward-looking statements represent our management's beliefs and assumptions only as of the date hereof. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with OTC Markets. Except as required by law, we assume no obligation to update these forward-looking statements publicly or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

For more information contact:
LIVECARE
(800)-345-0491

FAQ

What is LiveCare's in-house patient acquisition initiative?

LiveCare's in-house patient acquisition initiative is a program designed to create more member acquisition channels.

How successful has LiveCare's in-house patient acquisition initiative been?

The initiative has been LiveCare's most successful acquisition strategy to date, enrolling an average of 20 new patients daily.

What are LiveCare's future goals for patient acquisition?

LiveCare aims to double the number of new patients daily and target 40 new patients daily by the end of the year.

How many members does LiveCare currently serve?

LiveCare proudly serves approximately 3,500 members nationwide.

How much revenue does LiveCare generate annually?

LiveCare generates an impressive $6M in annual revenues.

What services does LiveCare provide?

LiveCare provides telehealth services for type II diabetes patients, offering 24/7 connectivity with compassionate professionals.

Who oversees LiveCare's team?

LiveCare's team is overseen by an onsite Nurse Practitioner and Chief Medical Officer, Dr. Pareena Bilkoo.