STOCK TITAN

Treatment.com AI Announces Contract Renewal with Leading US Medical School

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
AI

Treatment.com AI Inc. announces the contract renewal with a leading US medical school for utilizing their Medical Education Suite. The company is also in talks with various other medical and nursing schools. Treatment aims to reduce costs, streamline administrative work, and provide real-time case testing for schools. The company plans to launch two new subscription-based SaaS solutions in the second half of 2024. The Medical Education Suite is powered by Treatment's AI Global Library of Medicine, offering accurate clinical information and support.

Treatment.com AI Inc. ha annunciato il rinnovo del contratto con una prestigiosa scuola di medicina statunitense per l'utilizzo della loro Medical Education Suite. L'azienda è anche in trattative con altre scuole di medicina e infermieristica. Treatment mira a ridurre i costi, semplificare il lavoro amministrativo e fornire test di casi in tempo reale per le scuole. La compagnia prevede di lanciare due nuove soluzioni SaaS basate su abbonamento nella seconda metà del 2024. La Medical Education Suite è supportata dalla AI Global Library of Medicine di Treatment, che offre informazioni cliniche accurate e supporto.
Treatment.com AI Inc. anuncia la renovación de su contrato con una prestigiosa escuela de medicina de EE. UU. para utilizar su Medical Education Suite. La empresa también está en negociaciones con diversas escuelas de medicina y enfermería. Treatment busca reducir costos, simplificar el trabajo administrativo y proporcionar pruebas de casos en tiempo real para las escuelas. La compañía planea lanzar dos nuevas soluciones SaaS basadas en suscripción en la segunda mitad de 2024. La Medical Education Suite está potenciada por la Biblioteca Global de Medicina IA de Treatment, que ofrece información clínica precisa y soporte.
Treatment.com AI Inc.가 유명한 미국 의과대학과 Medical Education Suite 사용에 대한 계약 갱신을 발표했습니다. 이 회사는 다른 의과대학 및 간호대학과도 협상 중입니다. Treatment는 비용을 줄이고, 행정 작업을 간소화하며, 실시간 사례 테스팅을 제공함으로써 학교들을 지원하고자 합니다. 회사는 2024년 하반기에 두 가지 새로운 구독 기반 SaaS 솔루션을 출시할 계획입니다. Medical Education Suite는 Treatment의 AI 글로벌 의학 도서관에 의해 제공되며, 정확한 임상 정보와 지원을 제공합니다.
Treatment.com AI Inc. annonce le renouvellement de son contrat avec une éminente école de médecine américaine pour l'utilisation de leur suite de formation médicale. La société est également en discussion avec diverses autres écoles de médecine et d'infirmière. Treatment vise à réduire les coûts, simplifier le travail administratif et fournir des tests de cas en temps réel aux écoles. La société prévoit de lancer deux nouvelles solutions SaaS basées sur abonnement dans la seconde moitié de 2024. La suite de formation médicale est alimentée par la bibliothèque mondiale de médecine IA de Treatment, offrant des informations cliniques précises et un soutien.
Treatment.com AI Inc. hat die Vertragsverlängerung mit einer führenden US-amerikanischen Medizinschule zur Nutzung ihrer Medical Education Suite bekannt gegeben. Das Unternehmen führt auch Gespräche mit verschiedenen anderen medizinischen und pflegerischen Schulen. Treatment zielt darauf ab, Kosten zu reduzieren, administrative Arbeiten zu vereinfachen und Echtzeitfalltests für Schulen bereitzustellen. Das Unternehmen plant, in der zweiten Hälfte des Jahres 2024 zwei neue abonnementbasierte SaaS-Lösungen zu starten. Die Medical Education Suite wird durch Treatment's AI Global Library of Medicine unterstützt, die genaue klinische Informationen und Unterstützung bietet.
Positive
  • Treatment.com AI Inc. secures a contract renewal with a prominent US medical school, showcasing trust in their Medical Education Suite.

  • The company is expanding its reach by engaging with multiple medical and nursing schools, highlighting growth potential.

  • The launch of new subscription-based SaaS solutions in 2024 demonstrates Treatment's commitment to innovation and meeting the needs of healthcare professionals.

  • The AI Global Library of Medicine provides comprehensive and accurate clinical information, enhancing the quality of healthcare services.

Negative
  • While the contract renewal is positive, the company may face challenges in maintaining agreements with multiple institutions and ensuring consistent revenue streams.

  • Launching new solutions in the healthcare sector can be competitive, leading to potential challenges in market penetration and adoption.

VANCOUVER, British Columbia, May 01, 2024 (GLOBE NEWSWIRE) -- Treatment.com AI Inc. (CSE: TRUE, OTC: TREIF, Frankfurt: 939) (the “Company” or “Treatment”) is excited to announce one of the leading US medical schools has agreed to a contract renewal utilizing Treatment’s Medical Education Suite (“MES”).

Treatment is also in discussions with a number of other medical and nursing schools, both in the US and internationally.

As reported previously, the market in the US alone comprises 300 medical schools; 900 nursing schools; 227,000 students and 145,000 residents/medical students.

For schools, MES aims to (i) reduce associated time, resources and lower costs involved in creating national exams (i.e. MCQs; OSCE); (ii) minimize the administrative work in grading and (iii) create a consistent and real-time approach for case testing and scoring. The OSCE exams are practiced by 57 countries globally.

Treatment also previously announced its intention to additionally launch in the second half of 2024, two new monthly subscription-based SaaS solutions for students, residents and other healthcare professionals.

The Medical Education Suite is underpinned by Treatment’s AI powered proprietary Global Library of Medicine (GLM), the most comprehensive and integrated online medical library. The GLM has been created with hundreds of credentialled clinicians globally to ensure the highest qualified clinical information and support to all healthcare professionals.

Dr. Essam Hamza, CEO of Treatment.com AI, comments: “I am delighted to announce this contract renewal and the strong and growing pipeline that we are building within the business. It underpins our focus on the next generation of clinicians, as well as streamlining the operational costs and time currently experienced by medical schools when running the premier exams (OSCE) to test student practical clinical decision making and reasoning. We also look forward to expanding our offerings to both the schools and in turn, their students and residents.” 

About Treatment.com AI Inc.

Treatment.com AI is a company utilizing AI to positively disrupt the healthcare sector and impact current inefficiencies and challenges. Over the past 7+ years and with the input of hundreds of healthcare professionals globally, Treatment.com AI has built the world’s most intelligent, personalized healthcare AI engine, the Global Library of Medicine (GLM). Providing the highest qualified clinical information and support to all healthcare professionals, the GLM delivers >92%+ accuracy on first diagnosis as well as providing recommended tests (physical and lab), x-rays, and billing codes. The platform’s quality and transparency are unrivaled, as the GLM provides an explanation of every step and likelihood associated with every symptom. Treatment.com AI also focuses on the next generation of healthcare professionals supporting Medical and Nursing schools, who utilize the GLM to help enhance the future clinical skills of their students. Treatment.com AI is focused on using AI for good and utilizing its GLM platform to bring the possibility of health equity and inclusion for disenfranchised communities.

FOR ADDITIONAL INFORMATION, CONTACT:

Dr. Essam Hamza, CEO

ehamza@treatment.com

If you would like to find out more about Treatment’s products and services, please email at info@treatment.com

For media inquiries, contact: media@treatment.com

Call: +1 (612) 788-8900 / Toll-Free USA/Canada: +1 (888) 788-8955

Cautionary Statements

This news release contains forward-looking statements that are based on Treatment.com AI’s expectations, estimates and projections regarding its business and the economic environment in which it operates, including with respect to the implementation of its shareholder communications initiative and the timing thereof. Although Treatment.com believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements, and readers should not place undue reliance on such statements. These forward-looking statements speak only as of the date on which they are made, and Treatment.com undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances unless otherwise required to do so by law.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.


FAQ

What is the Medical Education Suite offered by Treatment.com AI Inc.?

The Medical Education Suite aims to reduce costs, streamline administrative work, and provide real-time case testing for medical and nursing schools.

What does the AI Global Library of Medicine provide?

The AI Global Library of Medicine offers accurate clinical information and support to healthcare professionals, delivering >92% accuracy on first diagnosis.

How is Treatment.com AI Inc. utilizing AI in the healthcare sector?

Treatment.com AI Inc. is using AI to disrupt the healthcare sector positively and address current inefficiencies and challenges.

Treatment.com AI Inc.

OTC:TREIF

TREIF Rankings

TREIF Latest News

TREIF Stock Data

18.70M
32.49M
4.78%
Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)
Professional, Scientific, and Technical Services
Link
United States of America
Vancouver