LAFAYETTE, LOUISIANA--(Marketwired - May 27, 2016) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT
CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
Patient Home Monitoring Corp. ("PHM") (TSX VENTURE:PHM), a healthcare service companies with operations in the
U.S., led by CEO Casey Hoyt, provided highlights of its financial results for Q2 FY 2016.
To listen to the full interactive conference call please go to the link provided:
http://cc.readytalk.com/play?id=h7b0tr
Participants from PHM were Casey Hoyt (CEO) and Todd Zehnder (Vice President - Finance).
About PHM
The explosive growth in the number of elderly patients in the US healthcare market is creating pressure to provide
more efficient delivery systems. Healthcare providers, such as hospitals, physicians and pharmacies, are seeking partners that
can offer a range of products and services that improve outcomes, reduce hospital readmissions, and help control costs. PHM fills
this need by delivering a growing number of specialized products and services to achieve these goals. PHM is focused on a highly
fragmented and developing market of small privately-held companies servicing chronically ill patients with multiple disease
states caused mainly by age and obesity. Because of the new and highly fragmented nature of the market, PHM's post acquisition
organic growth strategy is to increase annual revenue per patient by offering multiple services to the same patient,
consolidating the patient's services and making life easier for the patient.
Forward-Looking Statements
Certain statements contained in this press release constitute "forward-looking information" as such term is
defined in applicable Canadian securities legislation. The words "may", "would", "could", "should", "potential", "will", "seek",
"intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions as they relate to PHM, the intentions of
PHM regarding the enhancement of the value of PHM and accelerating the development of PHM's business, are intended to identify
forward-looking information. All statements other than statements of historical fact may be forward-looking information. Such
statements reflect PHM's current views and intentions with respect to future events, and current information available to PHM,
and are subject to certain risks, uncertainties and assumptions. Material factors or assumptions were applied in providing
forward-looking information. Many factors could cause the actual results, performance or achievements that may be expressed or
implied by such forward-looking information to vary from those described herein should one or more of these risks or
uncertainties materialize. These factors include changes in law, the ability to implement business strategies and pursue business
opportunities, state of the capital markets, the availability of funds and resources to pursue operations, decline of
reimbursement rates, dependence on few payors, possible new drug discoveries, a novel business model, dependence on key
suppliers, granting of permits and licenses in a highly regulated business, competition, difficulty integrating newly acquired
businesses, low profit market segments as well as general economic, market and business conditions, amongst others. Should any
factor affect PHM in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the
actual results or events may differ materially from the results or events predicted. Any such forward-looking information is
expressly qualified in its entirety by this cautionary statement. Moreover, PHM does not assume responsibility for the accuracy
or completeness of such forward-looking information. The forward-looking information included in this press release is made as of
the date of this press release and PHM undertakes no obligation to publicly update or revise any forward-looking information,
other than as required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.