eWellness Healthcare Corporation (OTCMKTS:EWLL), a provider of the state of the art PHZIO platform for the physical therapy and telehealth markets, announced Monday that it has hired two senior healthcare executives to focus on the $4 billion North American Musculoskeletal (MSK) treatment market and large scale healthcare networks in Northern California.
In a statement, the company said it has appointed Tom Oyan as Vice President of Enterprise Solutions to lead its launch into the Self-Insured Corporation’s MSK treatment market. It noted that Oyan previously held executive positions at Pacific Gas & Electric Company, Behavioral Science Technology and T.M. Oyan Associates in the areas of Human Performance, Safety Performance and Employee Engagement.
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In addition, the group said, Patricia Erle-Bergman has been hired as Vice President of Digital Health where she will be focusing on large scale healthcare providers located in Northern California. It pointed out that she has over 18 years of sales, marketing and business development experience in the telehealth space.
eWellness said the two executive hires replace outgoing VP of sales, Jason Lyons, with the group’s overall US sales team headcount now at 8 executives including the company’s founders, in-house sales executives and outside sales advisors.
Musculoskeletal diseases treatment market estimated to grow at 5.3% CAGR
The company noted that the global musculoskeletal diseases treatment market is expected to reach US$ 5.7 billion in 2025 from US$$3.8 billion in 2017, according to a report by The Insight Partners. The musculoskeletal diseases treatment market is estimated to grow with a CAGR (compound average growth rate) of 5.3% from 2018-2025.
MSK disease affects the joints, bones and muscles and also back pain, and more years are lived with musculoskeletal disability than any other long-term human condition.
eWellness Healthcare is the first physical therapy (PT) telehealth company to offer real-time distance monitored assessments and treatments.
Its PHZIO platform allows employees and physical therapists to cut the cord from the old-school, wait in line, brick and mortar clinical experience to an immediate response digital, in-home PT experience.
The group noted that nearly 100% of all PT assessments and treatments can now be done on an employee’s smart phone in the privacy of their own home, and pointed out that digital MSK treatments are “clearly the next upgrade the industry needs to make”.
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