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Revitalist Increases Patient Access Making Care More Affordable by Financing the Cost With M-Lend Financial
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Revitalist Lifestyle and Wellness Ltd. (CSE: CALM, OTCQB: RVLWF) has partnered with M-Lend Financial to offer patient financing up to $100,000 for treatments, including ketamine and psychedelic medicine. Clients can finance treatments with monthly payments starting at $42 for a ketamine series. Revitalist aims to increase client appointments to 900 per month, potentially boosting revenues significantly from an initial treatment cost of $3,300.
Positive
Partnership with M-Lend Financial enhances accessibility to treatments through financing.
Potential to increase client appointments to 900 per month, boosting revenue.
Affordable payment options starting at $42/month for ketamine treatments.
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None.
VANCOUVER, British Columbia--(BUSINESS WIRE)--
REVITALIST LIFESTYLE AND WELLNESS LTD. (“Revitalist'' or the “Company”) (CSE: CALM) (OTCQB: RVLWF) (FSE: 4DO), partners with patient financing company allowing client lending up to $100,000 USD per patient covering all Revitalist services including those related to ketamine and psychedelic medicine.
Revitalist partners with M-Lend Financial allowing clients to participate in financial lending up to an 84 month period with payments as low as $42/month for a ketamine treatment series, and as little as $62/month for psychedelic wellness retreats.
According to the World Health Organization, around 450 million people currently struggle with mental illness, making it the leading cause of disability worldwide. NBC News reports, 56 percent of Americans don’t get the help they need with mental health.
Revitalist CEO, Kathryn Walker, states, “The excitement continues as our company makes strides in growth to offer our services to a larger population of clients. Working with M-Lend Financial allows us the ability to increase our client appointments up to 900 visits month over month. With the total cost of our initial treatment series of $3,300, this allows our revenue to increase significantly.”
Revitalist Lifestyle and Wellness Ltd. (CSE: CALM) (OTCQB: RVLWF) (FSE: 4DO) is one of the largest publicly listed, ketamine focused clinic operations in the United States. Each clinic enables access to psychedelic medicine, vitamin infusions and other lifestyle optimization services provided by medical and behavioral professionals. Since opening their first clinic in 2018, Revitalist has provided thousands of ketamine infusions through its network of 9 clinics operating in 6 states. Its founder and CEO, Kathryn Walker, works as a lead provider in the psychedelic space as an advanced behavioral and medical provider. For additional information please visit Revitalist.com.
About M-Lend Financial
M-Lend Financial has offered patient and consumer financing for over 20 years throughout the United States. M-Lend is unique for the financial market as they do not charge providers fees for using their product. Particularly for addiction treatment. With no interest charges for a period of time, this can be a welcome bridge financing vehicle.
On Behalf of the Board
Kathryn Walker Chief Executive Officer
This news release contains forward-looking statements and information within the meaning of applicable securities legislation. Forward looking statements or information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Revitalist to be materially different from any future results, performance ofaaachievements expressed or implied by the forward-looking statements or information contained in this news release.
What is the partnership between Revitalist and M-Lend Financial about?
Revitalist has partnered with M-Lend Financial to provide patient financing up to $100,000 for various treatments, including ketamine and psychedelic services.
How much can patients finance for treatments at Revitalist?
Patients can finance up to $100,000 USD for Revitalist services.
What are the monthly payment options available for Revitalist treatments?
Monthly payments for ketamine treatment series can start as low as $42, and as little as $62 for psychedelic wellness retreats.
What is the expected revenue impact of the partnership for Revitalist?
The partnership aims to increase client appointments up to 900 a month, significantly boosting Revitalist's revenue.
What is the initial treatment cost at Revitalist?
The initial treatment series costs approximately $3,300.
