The Board of Directors of the Company wishes to announce that iMedic™ has achieved the Gold status (the highest status) in the Healthier SG program, integrating with the SmartCMS, making iMedic™ the only system that has 2-in-1 capabilities of the intelligent IOT telehealth and the Clinic Management System (CMS).
The immediate opportunity is 2,200 clinics in Singapore, 10,000 clinics in Malaysia, 233,000 clinics in the United States, 5,000 clinics in Taiwan, and 900,000 registered medical institutions in China where it has presence.
Healthier SG, a Population Health Strategy for Singapore with the objective to implement major reform of the healthcare system. Singaporeans will have a choice of their preferred family clinics that will guide them with customized Health Plan to achieve the health goals. This is achieved through additional subsidies in preventative care and to empower individuals to take charge of their health through preventive care, where they can enroll with a family doctor who will support them in their healthcare needs throughout their lives.
iMedic™ Intelligent CMS can be used by the clinics to enable their patients to enjoy the subsidies and full payment from Medisave.
iMedic™ system is a leading digital health platform with telehealth and Clinical Management System (CMS) capabilities and over 30 FDA/CE approved wireless medical devices connecting to the patient mobile APP to the Cloud with the patented proprietary Internet of Medical Things (IOMT) technology and unique Artificial Intelligence processing capability, making “home is clinic”.
iMedic™ is designed with the focus to empower the patients with knowledge and tools so that they can play an important role in managing their own health, shifting some of the personal health responsibility to the patients. By having all kinds of medical devices available at home or offices, connecting to the platform accessing the Electronic Medical Records (EMR) and online doctor consultation, home is turning into clinic, allowing patients to have online medical services without waiting at the clinic or hospital.
The announcement is dated 2 May 2023.