We hope this letter finds you in good health and high spirits. As the world continues to navigate the dynamic landscape of healthcare, we wanted to share some exciting news and updates on our telehealth initiatives at Modern Mobility Aids, Inc (MDRM).

The past year has brought significant challenges and opportunities to the healthcare industry, and we are proud to say that we are pleased to report that we are advancing accessible and convenient healthcare solutions and have made substantial progress in our telehealth positions.

Key Milestones

Expanding Our Service Offerings: We are currently developing and broadening our 100% owned Galileo Life Sciences business in Ontario, Canada’s telehealth service market by introducing new partnerships to cover a wider range of medical services to a broader audience. Where the government regulatory landscape continues to change, we are adapting and changing with it. Our Smart Clinic platform now includes primary care (same day walk-in clinic, free of charge), specialty care (behavioural health, cardiology, dietetics, etc.) and easy care (headaches and migraines, flu symptoms, muscle and joint pain, etc.). This expansion has allowed us to address the diverse healthcare needs of our patients, ensuring comprehensive and holistic care from the comfort of their own homes, including backpain care, mental health counseling, pediatric care, and more.

Positive Patient Feedback: We are delighted to share that our telehealth services have received overwhelmingly positive feedback from patients. The convenience, accessibility, and quality of care provided through our platform have resonated with individuals seeking reliable and efficient healthcare solutions. We take pride in the trust our patients place in us and remain committed to continually improving their telehealth experience.

One of the primary advantages of telehealth is its convenience. Instead of scheduling appointments, traveling to a hospital, and waiting in crowded waiting rooms, individuals can access healthcare services from the comfort of their homes. According to a survey by the American Hospital Association, 76% of patients cited convenience as a primary reason for using telehealth services. (Fact Sheet: Telehealth | AHA, 2024)¹

Telehealth eliminates geographical barriers and expands access to healthcare services. This is particularly important for individuals living in rural areas, where access to healthcare can be limited due to distance and transportation issues.

It can also lead to cost savings for both patients and healthcare providers. A study published in the Journal of Medical Internet Research found that telehealth consultations were associated with lower costs compared to in-person visits, with an average saving of $19 to $121 per visit for patients. Additionally, telehealth can minimize unnecessary emergency room visits and hospital readmissions, thereby reducing healthcare spending.²
Telehealth can increase patient engagement and satisfaction to a great extent. It empowers patients to take a more active role in managing their health by providing easy access to educational resources, remote monitoring tools, and personalized care plans. A study published in the Journal of Medical Internet Research found that 93% of patients were satisfied with telehealth services, citing convenience, ease of use, and reduced wait times as primary reasons for their satisfaction.(Kodjebacheva et al., 2023).

Telehealth enables seamless communication between healthcare providers and patients. Through secure messaging platforms and virtual consultations, patients can receive ongoing support and follow-up care, leading to better health outcomes and reduced hospital readmissions. According to the American Hospital Association, telehealth has been shown to decrease hospital readmission rates by 25%. (How Hospitals Are Strengthening the Care Continuum With Telehealth and Shared Processes | AHA News, 2019)⁴

As technology continues to evolve and healthcare delivery models adapt to meet the needs of patients, telehealth is poised to play an increasingly vital role in shaping the future of healthcare. With its ability to overcome barriers and enhance the delivery of medical services, telehealth represents a transformative force that holds promise for improving health outcomes and enhancing the overall patient experience.

Firstly, telehealth has the potential to expand access to healthcare services, particularly in rural and remote areas. In many parts of Africa, the healthcare infrastructure is inadequate, with limited resources. Telehealth can overcome the geographical and logistical barriers that prevent patients from accessing healthcare services. 

We have seen that during the COVID-19 pandemic, “Telemedicine was recognized as a valuable tool in Nigeria and Africa. It enabled remote consultations, follow-up visits, and even surgeries in otorhinolaryngology, reducing the risk of virus transmission.” ¹

Patients can communicate with healthcare providers through digital technologies, such as video conferencing, mobile apps, and online portals. This saves patients time and money, as they no longer have to travel long distances to see a doctor.

Secondly, telehealth can improve the quality of healthcare services in Africa. Digital technologies enable healthcare providers to offer personalized care to patients. Telehealth platforms allow healthcare providers to access patient records, medical histories, and test results, which can inform their diagnosis and treatment decisions. This can lead to more accurate diagnoses and better treatment outcomes. Telehealth can also facilitate collaboration between healthcare providers, enabling specialists to consult with general practitioners and nurses in real time.

Additionally, Sub-Saharan Africa has a huge burden of disease and an extreme shortage of health workers. The majority of its population is rural. Therefore, “Telemedicine for clinical practice and education of health workers has been seen as a possible means of addressing some of the health problems in Africa.”

Thirdly, Telehealth can increase efficiency in healthcare delivery, which can lead to cost savings for patients and healthcare providers. Telehealth can reduce the time spent waiting for appointments, as patients can receive care from their homes. 

McKinsey & Company, conducted an analysis to understand the financial impact digital health tools could have in Kenya, Nigeria, and South Africa. They chose these three countries as they accounted for 85% of digital health start-up funding in Africa in 2021. Their findings indicated that “by expanding their use of digital health tools, African health systems could realize up to 15 percent efficiency gains by 2030 and reinvest the savings to improve access and outcomes.” ³

Lastly, telehealth can improve health outcomes for vulnerable populations, such as people living with chronic diseases, elderly patients, and pregnant women. Patients with chronic diseases require ongoing care and management, which can be challenging in resource-limited settings. Telehealth can provide remote monitoring and support services, which can help patients manage their conditions and prevent complications. 

In conclusion, Telehealth can address the healthcare challenges faced by many African countries, such as inadequate infrastructure, limited resources, and high disease burden. As telehealth technologies continue to evolve, they have the potential to transform healthcare in Africa and provide high-quality care to millions of people.

REFERENCES

1. Omboni S, Padwal RS, Alessa T, Benczúr B, Green BB, Hubbard I, et al. The worldwide impact of telemedicine during COVID-19: current evidence and recommendations for the future.Connect Health 2022;1(1):7-35.

2. Mars M. Health capacity development through telemedicine in Africa. Yearb Med Inform. 2010:87-93. PMID: 20938578.

3. McKinsey & Company. How digital tools could boost eciency in African health systems. https://www.mckinsey.com/industries/healthcare/our-insights/how-digital-tools-couldboost-eciency-in-african-health-systems. Updated c2023. Accessed July 13, 2023.11

Understanding the Challenges:

Several interconnected factors contribute to the inaccessibility of healthcare in Africa.

1. Geographical Barriers: In many rural and remote areas, limited infrastructure and transportation options make it difficult for individuals to reach healthcare facilities. This becomes even more difficult in case of emergencies.

2. Healthcare Infrastructure: There is a shortage of healthcare infrastructure, including clinics, hospitals, and trained medical personnel. Many regions lack essential medical facilities, forcing people to travel long distances to seek treatment.

3. Financial Constraints: High healthcare costs and out-of-pocket expenses present significant barriers to accessing medical care for many Africans. 

4. Health Information Disparities: Lack of awareness about available healthcare services results in underutilization of healthcare resources. Additionally, limited health literacy can lead to misinformation about health issues and their treatment.

Potential Solutions:

Addressing the inaccessibility of healthcare in Africa requires a multifaceted approach that combines policy interventions, investment in healthcare infrastructure, and innovative solutions. 

Some potential strategies can be:

1. Telehealth and Mobile Health (mHealth) Solutions: Leveraging technology, such as telemedicine and mobile health apps, can overcome geographical barriers and improve access to healthcare services. This can be achieved through Virtual consultations and remote monitoring of patients.

2. Community Health Worker Programs: Training and deploying community health workers (CHWs) can enhance access to primary healthcare services, especially in remote areas. CHWs can provide basic medical care and health education, thus bridging the gap between people and the healthcare system.

3. Investment in Healthcare Infrastructure: Governments and international organizations must prioritize investment in healthcare infrastructure, including the construction of clinics, hospitals, and medical supply chains. 

4. Health Insurance and Financial Support: Implementing universal health coverage and social health insurance schemes can mitigate financial barriers to healthcare access. Financial assistance programs can be launched for vulnerable populations to ensure equitable access to medical care.

5. Health Education and Promotion: Promoting health literacy and raising awareness of available healthcare services are essential for empowering individuals to make informed decisions about their health. Community-based health education programs and media campaigns can help.

6. Public-Private Partnerships: Collaborative efforts between governments, healthcare providers, non-profit organizations, and private sector stakeholders can drive sustainable solutions to healthcare accessibility challenges. 

To make healthcare accessible in Africa, a comprehensive and coordinated approach is required that addresses the underlying socio-economic, infrastructural, and systemic barriers. By investing in technology, strengthening healthcare systems, promoting health education, and fostering collaboration, African countries can unlock the potential to provide equitable and accessible healthcare for all. 

About Modern Mobility Aids Inc.

Modern Mobility Aids, Inc. has recently revamped its corporate infrastructure and now plans to direct its focus and energies on multibillion-dollar Virtual Care services. Through the formation of its new business model, the Company expects to implement an aggressive campaign in order to seek out technologies, medical experts, and opportunities within the healthcare sector. around the globe. The Company is confident that strategic acquisitions and first-stage investments will play a pivotal role in the Company’s success in building a successful global entity.

Safe Harbor

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) potential acquisitions, (iii) trends affecting its financial condition or results of operations; (iv) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect, “intend”, “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in the Company’s filings with OTCIQ.
 
Contact: Modern Mobility Aids Inc.
Tito DiMarco
Email: tdimarco@mdrminc.com
Phone : 416 254 2581

We hope this letter finds you in good health and high spirits. As the world continues to navigate the dynamic landscape of healthcare, we wanted to share some exciting news and updates on our telehealth initiatives at Modern Mobility Aids, Inc (MDRM).

The past year has brought significant challenges and opportunities to the healthcare industry, and we are proud to say that we are pleased to report that we are advancing accessible and convenient healthcare solutions and have made substantial progress in our telehealth positions.

Key Milestones

Expanding Our Service Offerings: We are currently developing and broadening our 100% owned Galileo Life Sciences business in Ontario, Canada’s telehealth service market by introducing new partnerships to cover a wider range of medical services to a broader audience. Where the government regulatory landscape continues to change, we are adapting and changing with it. Our Smart Clinic platform now includes primary care (same day walk-in clinic, free of charge), specialty care (behavioural health, cardiology, dietetics, etc.) and easy care (headaches and migraines, flu symptoms, muscle and joint pain, etc.). This expansion has allowed us to address the diverse healthcare needs of our patients, ensuring comprehensive and holistic care from the comfort of their own homes, including backpain care, mental health counseling, pediatric care, and more.

Positive Patient Feedback: We are delighted to share that our telehealth services have received overwhelmingly positive feedback from patients. The convenience, accessibility, and quality of care provided through our platform have resonated with individuals seeking reliable and efficient healthcare solutions. We take pride in the trust our patients place in us and remain committed to continually improving their telehealth experience.

Positive Patient Feedback: We are delighted to share that our telehealth services have received overwhelmingly positive feedback from patients. The convenience, accessibility, and quality of care provided through our platform have resonated with individuals seeking reliable and efficient healthcare solutions. We take pride in the trust our patients place in us and remain committed to continually improving their telehealth experience.

Geographic Reach: We are in late-stage discussions with extending the Smart Clinic telehealth services to new regions and markets in Canada and internationally, enabling us to reach a larger patient population. By leveraging strategic partnerships with local healthcare partners, suppliers, and providers, we are hoping to be able to establish a strong presence in previously untapped areas. This planned expansion will not only contribute to our growth but will also bring high-quality healthcare services to underserved communities.

Technological Enhancements: In our commitment to deliver a seamless telehealth experience, we continue to investigate and seek out partners to enhance our technological and telehealth infrastructure. We hope to complete a number of key partnerships in this area in 2023 and advance our portfolio of patient services, products, engagement, efficiency, and greater overall a broader service offering.

Future Outlook

Looking ahead, we remain committed to driving innovation and further expanding our telehealth initiatives and broadening our portfolio of partnerships and service offerings. As we continue to refine our business, we aim to introduce additional partnerships, joint ventures, and companies.

The telehealth market is poised for tremendous growth, and we are well-positioned to participate in this opportunity. Industry reports estimate the market size in telehealth is forecasted to surpass $200.53 billion by 2028 at a CAGR of 38.9% from 2022 to 2028. And with radical technology changes, massive cost-saving benefits, and more flexibility for patients and providers than ever before, new telemedicine companies are attracting significant investment.

Our focus is to continue to build a portfolio of early-stage, innovative, and impactful telehealth companies that represent the next evolution in universal consumer access to healthcare and make a social impact where it matters most. People’s health.

We extend our deepest gratitude to our shareholders for your continued support and confidence in our vision. Together, we are shaping the future of healthcare by making it more accessible, patient-centered, and efficient.

Thank you once again for your trust and investment in MDRM, an impact investment that may change lives. We look forward to updating you on our progress in the coming weeks and months.

Sincerely,

Tito DiMarco

CEO, Director

About Modern Mobility Aids Inc.

Modern Mobility Aids, Inc. (OTC:MDRM) is building a portfolio of early-stage, innovative, and impactful telehealth companies that represent the next evolution in universal consumer access to healthcare. We are focused on investing in people, products, and ventures that challenge and disrupt the telehealth category. Our goal is to help remove the steps and frustration between consumers and the professional healthcare providers they need through a portfolio of partners making access simple and universal. Make a social impact investment where it matters most. People’s health. For additional information please visit www.modernmobilityaids.com.

Forward Looking Statements

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) potential acquisitions, (iii) trends affecting its financial condition or results of operations; (iv) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect, “intend”, “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in the Company’s filings with OTCIQ.

Contact Us

Modern Mobility Aids Inc.
Tito DiMarco
Email: tdimarco@mdrminc.com

SOURCE: Modern Mobility Aids, Inc.

About Modern Mobility Aids, Inc:

Modern Mobility Aids, Inc. (www.modernmobilityaids.com) has recently revamped its corporate infrastructure and now plans to direct its focus and energies on Virtual Care services. Through the formation of its new business model, the Company expects to implement an aggressive campaign to seek out technologies, medical experts, and opportunities within the healthcare sector globally.

Safe Harbor

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) potential acquisitions, (iii) trends affecting its financial condition or results of operations; (iv) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect, “intend”, “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in the Company’s filings with OTCIQ