Mr. Shane Madden reports

HYDREIGHT EXPANDS ITS "AT-HOME BLOOD TESTING" SOLUTION WITH MORE TESTS TO ALL 50 STATES

Hydreight Technologies Inc. has formed a partnership with a national laboratory to expand its At-Home Testing solution in all 50 states by the fourth quarter of 2024. This partnership was finalized on July 9, 2024.

Subscribers and nurses on Hydreight's platform can start offering at-home lab tests spanning a range of general wellness, nutrition, heart health, blood sugar, sexual health, thyroid, inflammation and will include chronic care management and drug testing by the end of the year.

After ordering the test on-line and paying up front, a nurse would come to the consumer's location to administer the test and ship back the sample collection to the national laboratory partner. Within a few days, the consumer can access a breakdown of their results in Hydreight's app and for certain conditions may be connected to virtual consultation services. Hydreight currently offers all necessary blood tests for GLP-1, available and fully integrated on its app.

At-home tests cover a broad spectrum of health concerns, including:

• Blood glucose (calculates blood sugar level);

• Lipid profile test (measures cholesterol and triglycerides);

• Metabolic panel (monitors kidney and liver health);

• Thyroid hormone test (thyroid hormone production); and

• Reactive protein test (measures inflammation in the body).

Shane Madden established Hydreight in 2018 with the goal of creating a platform and solution to help with delivering health care directly to people's homes. Motivated by his own experience of a health issue that remained undiagnosed for months due to lengthy test result wait times, numerous doctor visits, and high costs, Mr. Madden sought to create a more efficient and accessible way to address health concerns.

"Our mission is to empower individuals to lead longer, happier lives by offering tools for managing health from home. We provide direct access to diagnostic testing, virtual care and medication delivery for a broad spectrum of health and wellness conditions," Mr. Madden stated.

The U.S. diagnostic testing market size was valued at $84.85-billion (U.S.) in 2023 and is anticipated to reach around $158.77-billion (U.S.) by 2033, growing at a compound annual growth rate of 6.5 per cent from 2024 to 2033.

The pandemic got consumers used to home testing for COVID-19, which resulted in a watershed moment for all aspects of diagnostics. And now they're interested in doing additional at-home diagnostics, for example, for vitamin and mineral deficiencies, gut health, hormone and cholesterol. People now expect affordable, high-quality, and easy diagnostic testing more than ever before.

The diagnostic testing market in the United States is thriving, with diagnostic tests being a cornerstone of its health care system. These tests, which analyze samples from the body, serve diverse purposes across medical care stages, including prevention, detection, diagnosis, treatment and disease management. They facilitate evidence-based medicine, enhance quality of care, promote wellness, enable early disease detection and contribute to reducing overall health care costs.

"The pandemic highlighted the difficulties Americans face with lab testing, including unclear costs, confusion and inconvenience. At Hydreight, we are providing a new approach to testing, and we will continue to pioneer in this fast-growing field," stated Shane Madden, chief executive officer of Hydreight. "We envision a future where lab testing is quick, straightforward, and integrated with virtual care, allowing us to create a transformative, enduring digital health company that prioritizes people -- exactly where they should be."

The home health care market is projected to reach $340-billion (U.S.) by 2027 in the United States alone, and the company is well positioned to capitalize on the rapidly growing home health care industry and will continue using its platform to empower health care professionals to deliver personalized, on demand care bridging the gap between provider compliance and patient convenience.

About Hydreight Technologies Inc.

Hydreight Technologies is building the largest mobile clinic network in the United States. Its proprietary, fully integrated platform hosts a network of over 2,500 nurses, over 100 doctors and a pharmacy network across 50 states. The platform includes a built-in, easy-to-use suite of fully integrated tools for accounting, documentation, sales, inventory, booking and managing patient data, which enables licensed health care professionals to provide services directly to patients at home, office or hotel. Hydreight is bridging the gap between provider compliance and patient convenience, empowering nurses, med spa technicians, and other licensed health care professionals. The Hydreight platform allows health care professionals to deliver services independently, on their own terms, or to add mobile services to existing location-based operations. Hydreight though its medical network has a 503B pharmacy network servicing all 50 states and is closely affiliated with a U.S. certified e-script and telemedicine provider network that provides services in all 50 states.

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