LiveCare Inc. (OTCMKTS

LVCE) Experiences Unprecedented Growth and Technological Advancements Post-Revamp

Venice, FL, USA, March 19, 2024 (GLOBE NEWSWIRE) -- LiveCare Inc. (OTCMKTS: LVCE), a pioneering force in the Telehealth sector, announces remarkable strides in patient acquisition and recurring monthly revenue growth, marking a significant milestone since the company’s strategic overhaul in 2023. This transformation has not only bolstered LiveCare Inc.’s position in the Telehealth industry but also underscored its commitment to helping people and saving lives while enhancing patient care through innovative technology and its 24/7 live monitoring.

Since the revamp, LiveCare Inc. has experienced a surge in patient engagement, with an impressive 2,500 new patients, since starting its own in-house sales initiative. These patients are entrusting their chronic healthcare needs to LiveCare’s cutting-edge program with 24/7 access to live, caring professionals. This increase in patient acquisition reflects the company’s unwavering dedication to accessibility, efficiency, and quality care as evidenced by growing patient membership from around 2,600 in October 2023, to approximately 5,100 patients today.

In addition to patient growth, LiveCare Inc. has reported a substantial increase in recurring monthly revenue, expected at over $500,000 this month versus $313,000 for December 2023’s billing showing 166% increase in three short months. This financial achievement is a testament to the company’s successful business model and its transition to becoming cash flow positive and profitable expected soon. LiveCare Inc. is setting new standards in the Telehealth industry, demonstrating that it is on a clear path to becoming a leading name in healthcare innovation.

“Since our strategic revamp in October 2023, LiveCare Inc. has been on an upward trajectory, helping people, saving the lives of loved ones and continually enhancing our technology to meet the evolving needs of our patients,” stated Max Rockwell, CEO of LiveCare Inc. “Our growth in patient acquisition and recurring revenue not only highlights our drive for financial stability but also our potential to revolutionize Telehealth delivery. We are setting the record straight - LiveCare Inc. is not just a company, but a beacon of hope for the future of Telehealth.”