viewBinovi Technologies Corp.

Binovi Technologies plans release of Binovi Connect telehealth vision app

The app lets users connect with vision care professionals focused on concussion, reading skills and athletic enhancement

Binovi is targeting the more than 50 million students enrolled in K-12 education in North America, a fifth of whom have undetected binocular vision problems

Binovi Technologies Corp (CVE:VISN) (OTCQB:BNVIF) (FRA:2EYA) announced Friday the upcoming launch of Binovi Connect, a web-based video conferencing app that leverages the company’s Software-as-a-Service to provide remote vision telehealth capabilities. 

Binovi Connect allows the company to compete and offer care in any market in the world, scaling its growth through the optimization of its 800-provider network and facilitating telehealth care to individuals from the classroom or the comfort of home. 

For instance, the app lets users connect with vision care professionals focused on concussion, reading skills and athletic enhancement. The company has invested more than six million into product development and is well-positioned to take what it calls its Global Expert Network and make it accessible to people who need telehealth care now.

READ: Binovi Technologies is expecting a strong upcoming fiscal year, says Executive Chairman Terry Booth

"There is a great demand for healthcare services through digital platforms, amplified by the restrictions brought on by COVID-19,” CEO Adam Cegielski said in a statement. “Professionals are looking for evidence-based, outcome-oriented solutions that offer virtual health resources for their patients, while patients are looking for a vision care experience comparable to in-person visits. Binovi Connect will allow us to scale our reach and service offering globally."

Strategic telehealth industry partnerships and collaborations will enable providers to gain a significant edge with service offerings, the company said, and the Binovi Platform resources are compatible with a variety of software and hardware support solutions. The company is expecting to launch a Beta version of the app by the fiscal first quarter of 2021.

Binovi is targeting the more than 50 million students enrolled in K-12 education in North America. A fifth of the students have undetected binocular vision problems, the company said. Binovi Connect will allow users to get the benefit of quick screening, immediate optometric evaluation, and training and therapy. 

"We are very excited to offer this leading solution as a standard feature to all of our relationships," Chairman Terry Booth said in a statement. "We strive to connect users with our vast global provider network through this pandemic and beyond."

With Binovi Connect, users can browse through the company’s provider network and choose professionals that meet their medical needs, performance goals, personal preferences, budget and schedule.

Zooming out, Binovi Connect will enable school boards, in collaboration with vision specialists, to conduct vision screening as part of the curriculum, the company said. Ultimately, the goal is to link knowledgeable vision care providers with patients, broadening the reach for practitioners and improving accessibility for patients. 

"Binovi uses cutting-edge technology and an innovative approach to bring a telehealth solution to market, comprised of a suite of tools, including testing, training, and education for vision care providers around the world,” Chief Technology Officer Sam Mithani said. “With Binovi Connect, we are bringing all this functionality to our end users - students, athletes, vision therapy and concussion patients — mediated by our network of specialists — all remotely.”

Binovi Connect allows providers to:

  • Set their own schedule and manage practice in one place;
  • Expand their client base;
  • access Binovi Pro and Binovi Coach and Binovi Academy eLearning content;
  • Conduct assessments, capture activity data and therapy/training exercises, all remotely;
  • Offer one-on-one or group sessions to reach even more people;
  • Collaborate with other specialists; and
  • Capture and review diagnostic, training and milestone data on each user.

Binovi Connect allows users to:

  • Easily schedule vision training and therapy;
  • Get vision care and training from home;
  • Save time and money with options from different providers;
  • Get care from collaborating specialists all in one place;
  • Work with experts in their field, regardless of location or time-zone;
  • Learn about the various aspects of your visual system with eLearning options; and
  • Own their data.

Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com

Follow him on Twitter @andrew_kessel

Quick facts: Binovi Technologies Corp.

Price: 0.125 CAD

Market: TSX-V
Market Cap: $14.01 m

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