Innovative Platform Accelerates Kovo's SaaS and AI Billing Solutions for Small and Medium-Sized US Healthcare Providers

Vancouver, British Columbia--(Newsfile Corp. - August 22, 2023) - Kovo HealthTech Corporation (TSXV: KOVO) (the "Company" "Kovo") — a leader in healthcare technology and Billing-as-a-Service — has officially launched its advanced platform, KovoCloud, to its 2250+ US healthcare customers and their 4.5 million patients.

"KovoCloud builds on 20 years of specialist, in-clinic digital healthcare expertise, combined with intensive development by our tech teams," explains Kovo CEO Greg Noble.

"KovoCloud is accelerating the growth of Kovo's SaaS-style AI billing platform, and is the foundation for a new suite of specialized new software offerings including Practice Management, Payment Processing, Electronic Medical Records and Patient Engagement," adds Kovo CTO Eddie Chan.

"With the newly accessible medically trained generative AI models, combined with our KovoCloud platform, deep expertise, and rich data sets accumulated over many years, we are in a rare position to deliver practical and reliable AI capabilities to our customers. Even more exciting is the promise of extracting incredible insights to drive better outcomes, enhanced physician experience, and autonomous supports for patients," says Kovo CEO Greg Noble.

KovoCloud: Gamechanger for Small and Medium-Sized Healthcare Providers

KovoCloud is unique in the US and healthcare space where there is a lack of modern RCM and practice software technology solutions for small to medium-sized clinics. KovoCloud is an AI powered, cloud based, HIPAA compliant platform in a field of aging software that does not meet the needs of modern practitioners and patients seeking technology solutions to make manual tasks easier on a daily basis.

"KovoCloud delivers years of real-world billing and practice management experience to healthcare providers in a simple, intuitive experience. On the patient side, KovoCloud is an online engagement platform that was developed with careful thought to digital sensitivity and delivers multiple self-serve functions that empower and enable patients of small and medium-sized healthcare clinics and labs," explains Kovo Board Chair and e-health innovator Dr. Peter Bak.

According to Noble and Chan, Kovo will begin on-boarding existing clients to KovoCloud throughout Fall 2023. The Company anticipates onboarding new clients to KovoCloud by Q4 2023.

About Kovo HealthTech Corporation

Kovo HealthTech Corporation is a growing healthcare technology company that specializes in Billing-as-a-Service offering SaaS-style recurring revenue contracts and software for more than 2250 US healthcare providers. Its industry-leading technology platform, KovoCloud, helps healthcare providers digitally track and manage complex patient care registration, services, billing and payments in a seamless way, using its industry-leading technology platform. Currently, through its clients, Kovo processes over $250 million CAD ($200M USD) in annual billing transactions for more than 4.5 million patients. By offering effective billing practices and technology through long-term SaaS-style contracts, Kovo helps healthcare practitioners get paid so they can focus on offering quality care. To learn more about Kovo and to keep up-to-date on Kovo news, visit .

For more information:
Greg Noble, CEO
investors@kovo.co
1-866-558-6777

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This press release may contain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") concerning the Company and its subsidiaries within the meaning of applicable securities laws. Forward-looking information may relate to the future financial outlook and anticipated events or results of the Company and may include information regarding the Company's financial position, business strategy, growth strategies, acquisition prospects and plans, addressable markets, budgets, operations, financial results, taxes, dividend policy, plans and objectives. Particularly, information regarding the Company's expectations of future results, performance, achievements, prospects or opportunities or the markets in which the Company operates is forward-looking information. 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