Innovative MedTech Inc. (OTCMKTS:IMTH) announced on April 01, 2022 about collaborating with TruCash Group of Companies Inc. to launch an all-in-one Super Healthcare App, called RX Vitality Wallet. It will be designed for consumers, patients, hospitals, seniors, and governments, with a solid platform of benefits and online banking.
Market Action
On Friday, IMTH stock ended flat at $0.80 with 1 shares, compared to its average volume of 512 shares. The stock moved within a range of $0.8000 – 0.8000 after opening trade at $0.80.
TruCash has over three decades of experience in providing payments, loyalty and financial solutions. It has carved a niche when it comes to creating innovative products, working with and developing core banking solutions that include but aren’t limited to comprehensive mobile wallets, loyalty programs, issuance of Visa products worldwide and acquiring solutions.
Innovative MedTech believes that the world is now divided into two parallel streams, as per the digital-first consumer – what they require right now and what they can wait to get. Once implemented, the company’s digital healthcare wallet can be accessed by customers via mobile wallet on both the Apple iOS and Android App Stores. It intends to have a physical healthcare card too.
Diana Fletcher, President of TruCash, commented that by integrating data and diagnostic connected devices into the online experience, they will have a distinct edge in the healthcare industry. It is all about combining digital alternatives and benefits that consumers find easier, more convenient and takes much less time.
Key Quote
“We are very excited to be creating what we believe will provide a competitive advantage in healthcare, by integrating data and diagnostic connected devices into the online experience to make the digital visit as informative as the physical one, while adding full financial services and value added benefits. Our all-in-one Super App should add digital alternatives and benefits that consumers find easier, more convenient and less wasteful of their precious time,” said Diana Fletcher, President of TruCash.