Innovative MedTech Inc. (OTCMKTS:IMTH) has announced that its wholly-owned subsidiary, SarahCare is all set to begin beta testing a home health service, where it delivers a new standard of care to residents surrounding a few of its locations.
Market Action
On Friday, IMTH stock soared 38% to $2 with 101 shares, compared to its average volume of 352 shares. The stock moved within a range of $2.0000 – 2.0000 after opening trade at $2.
Innovative MedTech Announces SarahCare is Beta Testing an Expansion into Home Health Services Market
Innovative MedTech, Inc. provides health and wellness services and has two divisions – RX Vitality digital wallet and health care app under development, along with SarahCare, an adult daycare center franchisor with 2 corporate-owned centers and 26 franchise locations across the United States. The latter provides daytime care to seniors, which includes taking care of their medical needs, ensuring they get sufficient exercise, offering nursing care, and so on.
Dr. Merle Griff, CEO of SarahCare, is elated to start beta testing, among a very select group of SarahCare centers. As mentioned, it is a home health care service that will monitor participants at their homes. The company remains dedicated to offering participants and their families the very best of care, which should be convenient and cost-effective at the same time. He further elaborated that home health services are to be a vital extension of their centers and overall services as they move forward. They seek to support participants at the centers as well as at their homes, in an even better manner.
Key Quote
“We are very excited about beta testing, with a very select number of SarahCare centers, a home health care service which will monitor our participants at their homes. We are committed to putting our participants and their families first, and we believe that this is another way in which we can do that while offering an enhanced quality of services that should be convenient and cost-effective,” said Dr. Merle Griff, CEO of SarahCare.