LAS VEGAS - Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company, today announced plans for its subsidiary GuyCare, Inc. to expand its telemedicine services across the United States.
The announcement detailed that GuyCare, part of RiskOn International, Inc. which Ault Alliance consolidates, aims to have the telemedicine initiative operational in all fifty states by the end of 2024, pending necessary regulatory approvals.
Milton "Todd" Ault III, Executive Chairman of Ault Alliance, expressed support for the expansion, stating the company is looking forward to assisting GuyCare in the launch of its telemedicine program on a national scale.
Ault Alliance is known for acquiring and nurturing businesses and technologies with potential global impact. Its portfolio includes operations in various sectors such as Bitcoin mining, artificial intelligence, defense, medical, and hospitality, among others. The company also provides financial support to selected entrepreneurial ventures through a licensed lending subsidiary.
The move to broaden telemedicine services by GuyCare aligns with the growing trend of digital healthcare solutions, which have seen a significant uptick in demand since the onset of the COVID-19 pandemic. Telemedicine offers the convenience of remote consultations and can improve access to healthcare services, especially for people in underserved or rural areas.
The expansion of GuyCare's telemedicine program is based on forward-looking statements that involve risks and uncertainties, and actual results could differ from those projected. Ault Alliance has made it clear that it does not intend to update any forward-looking statements publicly in response to new information or future events.
This news is based on a press release statement from Ault Alliance, Inc. and the company advises interested parties to consult its public filings and press releases for more detailed information, which are available on its website and through the U.S. Securities and Exchange Commission.
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