HealthLynked
Announces Enhanced Version of Women's Health App Oohvie to
Capitalize on Growth Trends in FemTech
Company
is strategically positioned to participate in the rapidly growing
FemTech industry to further advance women's healthcare
Naples, Fl
-- May 10, 2022 -- InvestorsHub NewsWire -- HealthLynked
Corp. (OTCQB: HLYK), ("HealthLynked" or the
"Company") a global
healthcare network focused on care management of its members and a
provider of healthcare technologies that connect doctors, patients,
and medical data, today announced today an enhanced version of its
Female Technology ("FemTech") application ("App") Oohvie, which is
now available to our users.
Oohvie focuses on women's health
and wellbeing, allowing users to track their menstrual cycle,
moods, symptoms, weight, activities, and many other factors
specific to women's health. Oohvie's unique features include the
ability to connect users with their healthcare providers, which
substantially improves the patient evaluation
process.
The newly released version of the
App allows users to chat with a live nurse to answer their medical
questions, order feminine products at low cost, which are sent
directly to their homes.
Dr. Michael Dent, Chairman and
Chief Executive Officer stated, "The demand for FemTech Apps is
estimated to grow significantly, with the market size projected to
grow to $60 billion by 2027. With Oohvie, HealthLynked is
strategically positioned to take advantage of the projected rapid
growth in the FemTech industry, and we expect this App will be a
major contributor to the growth of our revenue over the next five
years as well as our digital healthcare network."
Dent continued, "We have to
modified and improved the Oohvie App adding new features that
competitors don't offer such as chat with a live nurse feature. We
plan to intensify our marketing efforts over the next quarter as
well as integrate Oohvie into our established core HealthLynked
App, allowing users to share information with their doctors to
enhance women's health and wellness."
Fiona Molloy, Practice Manager of
HealthLynked's Naples Women's Center practice added, "Oohvie has
been a valuable tool to better manage our patients and their
health. Patients can now share detailed information about their
menstrual cycle and symptoms and Oohvie can help them achieve
pregnancy based on the App's ovulation prediction
algorithm."
Oohvie is available for download
on both iOS and Android devices. You may download the Oohvie with
the following links:
Apple
Android
About
HealthLynked Corp.
HealthLynked Corp. provides a
solution for both patient
members and providers to
improve healthcare through the efficient exchange of medical
information. The HealthLynked Network is a cloud-based platform
that allows members to connect with
their healthcare providers and
take more control of their healthcare. Members enter
their medical information, including medications, allergies, past
surgeries, and personal health records, in one convenient online
and secure location, free of charge. Participating
healthcare providers can
connect with their current and future patients through
the system. Benefits to in-network providers include the ability to
utilize the HealthLynked patent-pending patient
access hub "PAH" for patient analytics. Other benefits
for preferred providers include HLYK marketing tools to connect
with their active and inactive patients to improve patient
retention, access more accurate and current patient information,
provide more efficient online
scheduling, and to
fill last-minute cancelations using the Company's "real-time
appointment scheduling" all within its mobile
application. Preferred
providers pay a monthly fee to access these
HealthLynked services. For additional information about
HealthLynked Corp., please visit www.healthlynked.com and
connect with HealthLynked on Twitter, Facebook, Instagram,
and LinkedIn.
About
FemTech
The demand for FemTech apps is
estimated to grow significantly in the next 5
years.
According to Emergen Research,
the global FemTech market size was $18.75 billion in 2019 and is
projected to reach $60 billion by 2027, a compound annual growth
rate of 15.6%. HealthLynked believes that the projected
growth will be driven in large part by the demand for accurate
ovulation prediction to achieve or avoid pregnancy, and the ability
to track symptoms associated with menstrual cycles. Moreover, as
FemTech apps become more popular, users are expected to look to
secure their healthcare data and avoid advertising, as users are
willing to pay for these secured services.
Forward-Looking
Statements
Forward-Looking Statements in
this press release, which are not historical facts, are
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Our actual results,
including as a result of any acquisitions, performance, or
achievements may differ materially from those expressed or implied
by these forward-looking statements. In some cases, you can
identify forward-looking statements by the use of words such as
"may," "could," "expect," "intend," "plan," "seek," "anticipate,"
"believe," "estimate," "predict," "potential," "continue,"
"likely," "will," "would" and variations of these terms and similar
expressions, or the negative of these terms or similar expressions.
Such forward-looking statements are necessarily based upon
estimates and assumptions that, while considered reasonable by our
management, and us are inherently uncertain. We caution you not to
place undue reliance on any forward-looking statements, which are
made as of the date of this press release. We undertake no
obligation to update publicly any of these forward-looking
statements to reflect actual results, new information or future
events, changes in assumptions or changes in other factors
affecting forward-looking statements, except to the extent required
by applicable laws. If we update one or more forward-looking
statements, no inference should be drawn that we will make
additional updates with respect to those or other forward-looking
statements. Certain risks and uncertainties applicable to our
operations and us are described in the "Risk Factors" section of
our most recent Annual Report on Form 10-K and in other filings we
have made with the U.S. Securities and Exchange Commission. These
reports are publicly available at www.sec.gov.
Investor
Relations Contacts:
Lisa Fortuna or Josh Carroll
HLYK@alpha-ir.com
HLYK
Contact:
George O'Leary
Chief Financial
Officer
goleary@healthlynked.com
(800)-928-7144, ext.
103
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