Ubiquitech Software Corp. (OTC:UBQU) Stock On Watchlist After Major Announcement

One of the more interesting companies in the software development space at this point in time is Ubiquitech Software Corp. (OTC:UBQU), and given the fact that the company was in the news yesterday, it may be a good idea to consider taking a look into it. The company came into the news cycle yesterday after it announced that Innovative Outcomes, its subsidiary unit, had come up with a path-breaking new initiative. It was revealed that Innovative Outcomes had added a business model that was going to be clinic-based.

It could represent a new period of exponential growth considering the fact that each clinic model could end up generating as much as $1 million in the form of extra revenues for innovative outcomes. After adopting the clinic-based business model, Innovative Outcomes created an innovative system meant for empowering leading wound care clinics across the United States. Through its service, the company would be able to facilitate order submission, streamline clinical note transmission, and boost patient engagement so that Innovative Outcomes could emerge as the agent for growth in direct prescription facilitation. Such an approach would help the wound care clinics boost their levels of efficiency considerably, as well as their speed of insurance claim processing.

In the news release yesterday, it was also announced that Innovative Outcomes was moving ahead with plans to set up three to five models by the close of the third fiscal quarter. By the end of 2024, more clinics are expected to be added to the model. Innovative Outcomes expects the rollouts to grow exponentially by the time 2025 comes along, and by that time, it will indisputably be the leader in the particular space. Due to the considerable growth in revenues, it would also help Innovative Outcomes emerge as the most important operator in the space.

 

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