HealthLynked Corp. Receives $3 Million Equity
Investment
From
Its
Chairman and CEO
Naples, FL
-- August 25, 2020 -- InvestorsHub NewsWire
-- HealthLynked
Corp. (OTCQB:
HLYK),
a
global healthcare network focused on care management
for
its
members and a provider of healthcare technologies that connects
doctors, patients and medical data,
today
announced that
Dr.
Michael Dent,
the
Chairman and
CEO,
has
made a $3,000,000 equity investment into
the
Company.
"HealthLynked has
become the first Global Healthcare Network and I believe
HealthLynked is the future of healthcare. I am very proud of the
work that we have done to educate patients and improve healthcare
around the world,"
Dr.
Dent stated. "The
Company has made great progress over the past 12 months and I see a
bright future as we continue to innovate and deliver on our
goals
to
connect patients and
doctors around the world."
Over
the past year, the
Company
has reached
many
significant
milestones.
It
recently reported a
49% increase in revenues from first half 2020
compared to
the
same period of 2019 even with the
impact of COVID-19 on healthcare
services.
- In January,
the
Company
released Cost
Lynk,
a
nationwide pricing tool for medical services by zip code and
by
hospital,
allowing patients
to compare cost for common medical service.
- In
March,
the
Company launched its
COVID-19 tracker
app and was the number one most downloaded medical
app for
the month in the Apple
Medical Store with over 3
million
downloads
worldwide.
- In
May,
the
Company
completed its acquisition of Cura Health Management,
an ACO (Accountable
Care
Organization),
allowing the Company
to receive revenue from Medicare through its shared saving
program.
- In
June,
the
Company
launched its HealthLynked
University, an online resource to educate patients and healthcare
providers on a wide range of important medical topics.
Dr.
Dent continues by
stating, "We
have several
exciting projects
that we expect to
be completed this
year and
drive
additional revenue, patient engagement and shareholder
value. HealthLynked's
global
healthcare network can improve the way healthcare is delivered and
offers
improved healthcare
management for everyone. As a
physician, I have dedicated my life to treating
diseases and
improving
the
health of patients.
My investment
into
the Company proves my dedication and
belief in what
HealthLynked
will
provide to both
the
medical community and
to
patients
worldwide."
George
O'Leary, HealthLynked's
CFO
added,
"We
are so excited about Dr. Dent's
commitment to the
Company and his confidence in the
team to continue to execute our business plan.
This
investment moves us that much closer to our plan to up-list to
NASDAQ,
provides us with working capital for the foreseeable future
and
gives
us the ability to pay off existing
debt
and fund our next acquisition."
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, and LinkedIn.
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.
Contacts:
George
O'Leary
Chief
Financial Officer
goleary@healthlynked.com
(800)
928-7144, ext. 99
Investor
Relations Contacts:
Stephanie
Prince
PCG
Advisory Group
sprince@pcgadvisory.com
646-762-4518
Jim
Hock
Hanover
International Inc.
jh@hanoverintlinc.com
760-564-7400