Wed. Feb 1st, 2023

Sika Well being and Electromedical Announce Partnership Enabling HSA/FSA Funds on Electromedical eCommerce Website

SCOTTSDALE, Ariz., Jan. 25, 2023 /PRNewswire/ — Electromedical Applied sciences, Inc. (OTC-QB: EMED) (“Electromedical” or the “Firm”), a pioneer within the improvement and manufacturing of bioelectronic gadgets designed to alleviate persistent, intractable, and acute ache by way of frequency and electro-modulation, and Sika Well being, an HSA/FSA cost facilitator for eCommerce retailers, are happy to announce a partnership enabling the direct acceptance of HSA/FSA funds on the Electromedical eCommerce web site (electromedtech.com).

“It is a game-changer by way of our capacity to facilitate funds and faucet into higher affordability with out sacrificing margins,” remarked Matthew Wolfson, CEO and Founding father of Electromedical. “Sika’s cost expertise is seamless and straightforward to make use of, and the Sika workforce has been distinctive to work with.”

The combination between Sika’s cost expertise and Electromedical’s direct web site permits hundreds of thousands who are suffering from persistent ache to buy merchandise by way of HSA/FSA with out reimbursing by way of their healthcare administrator by way of receipt.

Round 70 million People maintain HSA/FSA accounts. In 2020 alone, staff misplaced $4.2 billion in expired FSA advantages. Nonetheless, few on-line retailers supply a cost gateway that allows shoppers to spend these {dollars} instantly.

The partnership between Sika Well being and Electromedical goals to shut this hole and supply sufferers a seamless method to take full benefit of their advantages.

Sika Well being CEO, Ami Kumordzie MD/MBA, acknowledged, “We sit up for working with Electromedical Applied sciences to supply sufferers a means to purchase FDA cleared merchandise for ache reduction, such because the WellnessPro Plus, instantly with their HSA/FSA funds. We’re happy to extend entry to private wellness merchandise like WellnessPro Plus that may cut back dependency on medicines at a extra reasonably priced price.”

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About Sika Well being
Sika permits web shoppers to pay utilizing their HSA/FSA funds as simply as spending a present card. No eligibility checks, paperwork or delays – prospects merely choose Sika at checkout, enter their HSA/FSA card particulars, and we deal with the remaining.

About Electromedical Applied sciences
Headquartered in Scottsdale, Arizona, Electromedical Applied sciences, Inc. is a business stage, FDA cleared, bioelectronic medical machine manufacturing firm initially targeted on the therapy of assorted persistent, acute, intractable, and post-operative ache circumstances. Via College collaboration agreements, the Firm is working to develop a complete analysis program in defining the results of electro-modulation on the human physique. By learning the impacts {of electrical} fields in cell signaling and results on virus meeting and immune responses, the Firm’s objective is to scale back ache and enhance general human wellbeing. The Firm’s present FDA cleared product indications are for persistent acute submit traumatic and post-operative, intractable ache reduction.

For extra data, please go to www.electromedtech.com.

Be aware: Nonhuman preliminary research that we’re planning to begin within the close to future and their purposes will not be associated to our present product in any means and are at the moment not cleared within the US.

Secure Harbor Assertion
This launch comprises forward-looking statements which are primarily based upon present expectations or beliefs, in addition to various assumptions about future occasions. Though we imagine that the expectations mirrored within the forward-looking statements and the assumptions upon which they’re primarily based are affordable, we may give no assurance or assure that such expectations and assumptions will show to have been right. Ahead-looking statements are usually identifiable by means of phrases like “could,” “will,” “ought to,” “may,” “count on,” “anticipate,” “estimate,” “imagine,” “intend,” or “mission” or the destructive of those phrases or different variations on these phrases or comparable terminology. The reader is cautioned to not put undue reliance on these forward-looking statements, as these statements are topic to quite a few components and uncertainties, together with however not restricted to: antagonistic financial circumstances, competitors, antagonistic federal, state and native authorities regulation, worldwide governmental regulation, insufficient capital, incapability to hold out analysis, improvement and commercialization plans, loss or retirement of key executives and different particular dangers. To the extent that statements on this press launch will not be strictly historic, together with statements as to income projections, enterprise technique, outlook, targets, future milestones, plans, intentions, objectives, future monetary circumstances, occasions conditioned on stockholder or different approval, or in any other case as to future occasions, such statements are forward-looking, and are made pursuant to the secure harbor provisions of the Non-public Securities Litigation Reform Act of 1995. The forward-looking statements contained on this launch are topic to sure dangers and uncertainties that might trigger precise outcomes to vary materially from the statements made.

Company Contact
Electromedical Applied sciences, Inc.
Tel: 1.888.880.7888
E-mail: [email protected]
https://electromedtech.com

Public Relations
EDM Media, LLC
https://edm.media

Cision

View authentic content material:https://www.prnewswire.com/news-releases/sika-health-and-electromedical-announce-partnership-enabling-hsafsa-payments-on-electromedical-ecommerce-site-301730408.html

SOURCE Electromedical Applied sciences, Inc.

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