eWellness Healthcare Corporation (OTCMKTS:EWLL), the physical therapy telehealth company, has rejiggered its corporate structure in order to operate in 48 US states.
The company has created three operating companies in California, New Jersey and Florida in order to connect with patients in those states.
The Florida company, PHIZIO Florida Professional Association, is able to offer services in 46 states, while the other two are tailored to their individual locations.
Each company will create an operating agreement with eWellness, as required by the states, respectively.
Eventually, the company plans to form companies in Delaware and Kansas, the two remaining states not covered by the new entitites.
CEO Darwin Fogt will serve as the single shareholder, officer and director of all three companies.
eWellness’ PHIZIO platform provides long-distance digital physical therapy on a patient’s smartphone or other device. The company licenses its platform to physical therapy clinics in the US and its treatments are insurance reimbursable.
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