MINNEAPOLIS, MN – May 24, 2021 — Mitesco, Inc. (OTCQB: MITI) (“Mitesco” or the “Company”), a leading operator of primary care and wellness clinics that combine technology and customized personal care plans continues its expansion in the Twin Cities marketplace with a new, The Good ClinicTM location being developed in St. Louis Park, MN at the Excelsior and Grand, a multi-family residential complex. This mixed-use complex was built as a part of the redevelopment of the city of St. Louis Park several years ago. The city of St. Louis Park sits west of downtown Minneapolis and is about a 15-minute drive from the initial site of The Good Clinic that opened in February 2021. This second clinic is expected to open in late August-early September.
Commenting on the company’s expansion, Michael Howe, CEO of The Good Clinic, LLC, a wholly owned subsidiary of Mitesco, Inc. said, “As healthcare continues to evolve towards a consumer product, our primary care clinics focus on caring for the whole person. Our foundation of care is built on a philosophy of total wellness, improved convenience, and a personalized healthcare experience. We focus on areas with high population densities and living amenities that provide convenience, value, and higher satisfaction.
“When we started The Good ClinicTM in Minneapolis, we made a commitment to the community, and with this second site, we continue our plans to make comprehensive primary care built on a foundation of wellness to be available across the community. Our expansion plans include six sites in the greater Twin Cities metropolitan area.”
Our Operations and Subsidiaries: The Good Clinic, LLC and Acelerar Healthcare Holdings, LTD.
The Good Clinic, LLC (www.thegoodclinic.com) is a wholly owned subsidiary of Mitesco N.A. LLC. The Good Clinic plans to build out a network of clinics using the latest telehealth technology with the nurse practitioner operating as its primary healthcare provider. It will begin in Minneapolis and plans to expand nationwide. Today, 23 states facilitate nurse practitioners practicing to the full scope of their skills and training. The executive team at The Good Clinic™ includes several of the key executives who brought Minute Clinic (previously known as Quickmedix) to scale, which was acquired by CVS for $170 million in 2006.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than the statement of historical fact contained in this press release are forward-looking statements. In some case, forward-looking statements can be identified by terminology such as “anticipate,” “believe,” “can,” “continue,” “could,” “estimate, “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” or “will” or the negative of these terms or other comparable terminology and include statements regarding opening a new The Good Clinic™ location in St. Louis Park, MN in late August- early September, making comprehensive primary care built on a foundation of wellness to be available across the Minneapolis community and plans to expand The Good Clinic concept of care to additional locations. These forward-looking statements are based on expectations and assumptions as of the date of the press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, our ability to expand The Good Clinic concept of care to additional locations as planned, our ability to deliver on our mission of improving healthcare for patients around the world, and the other factors discussed in Mitesco, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2020, and subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and the Company undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
Investor Relations Contacts:
Brian M. Prenoveau, CFA or Brooks Hamilton
MZ Group – MZ North America