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Dogecoin Cash, Inc. Announces PrestoDoctor's Expansion into Three New Markets
GlobeNewswire News Room· 2025-08-05 08:20
Company Overview - Dogecoin Cash, Inc. (OTCQB: DOGP) is a publicly traded company focused on telehealth services and blockchain-based innovation [1][7] - The company owns PrestoDoctor, a licensed telehealth provider specializing in medical cannabis consultations [7] Expansion and Market Reach - PrestoDoctor has expanded operations into Arizona, Massachusetts, and Virginia, increasing its service area to over 23 million individuals [1] - More than 1.2 million residents in these states have registered as medical marijuana patients since the inception of their programs [1] - PrestoDoctor now operates in 18 states, emphasizing compliance with medical cannabis laws and telemedicine standards [2] Telehealth Trends - Nationwide telehealth usage has surged by a factor of 38 since 2020, indicating a significant shift towards digital healthcare access [2] - The expansion aligns with broader healthcare trends, reflecting a commitment to responsible and secure patient access [2] Technology and Compliance - PrestoDoctor utilizes a proprietary telemedicine platform designed for secure video consultations and HIPAA compliance [3][4] - The platform includes features such as encrypted patient records and real-time physician scheduling, tailored specifically for medical cannabis telehealth [3] Leadership and Expertise - Kyle Powers, Co-Founder and CEO, has a background in software development for regulated industries and was recognized in Forbes 30 Under 30 – Healthcare list [5][6] - The leadership team focuses on leveraging technology to enhance service offerings and ensure compliance with evolving regulations [2][5] Product Offerings - Dogecoin Cash, Inc. holds the first patented cannabis strain, Ecuadorian Sativa aka "CTA", and a patented cannabis lozenge for hypertension treatment [7] - The company is actively exploring opportunities in digital assets and decentralized finance (DeFi) solutions [7]
How Hims Became the King of Knockoff Weight-Loss Drug #weightloss #health #shorts
Bloomberg Television· 2025-07-21 18:27
Company Overview - Hims and Hers transformed from a startup selling Viagra to a telehealth company valued at almost $11 billion [1] - The company attracted approximately 4 million subscribers, representing about 2.4%, through celebrity-backed ads and virtual doctor prescriptions [1] Strategic Decisions - Hims and Hers entered the weight loss shot market, selling a copycat version at a discount due to shortages of drugs like WGO and Zepbound [2] - The decision to sell compounded weight loss drugs could be costly and polarize investors [3] Financial Performance & Market Reaction - Hims and Hers' stock reached a high of nearly $70 in February 2025 but has since declined [2] - The company's "wild ride" has attracted meme stock investors [3]
Which Telehealth Stock Should You Be Targeting?
Schaeffers Investment Research· 2025-06-03 19:22
Core Insights - Hims & Hers Health Inc announced the acquisition of ZAVA, a European digital health platform, which impacted its stock performance in premarket trading [1] - Hims stock experienced volatility, trading as high as $67.35 but later declining by 2.5% to $55.37, while still showing a 128% year-to-date gain [2] - Doximity Inc saw a 3.9% increase in stock price to $53.50, with a recent upgrade from BTIG to "buy" from "hold," and a year-over-year increase of 93.6% [3] - Teladoc Health Inc's stock rose by 2.9% to $7.07, but it remains 22.2% lower year-to-date and far from its February 2021 highs of nearly $300 [4] - The options market shows a strong preference for call options, with a call/put volume ratio of 17.12, indicating a bullish sentiment among investors [5] Company Summaries - Hims & Hers Health Inc is focusing on expanding its digital health services through the acquisition of ZAVA, which may enhance its market position [1] - Doximity Inc is recovering from previous lows, with a significant year-over-year increase and a recent positive analyst rating, suggesting potential for further growth [3] - Teladoc Health Inc is struggling with a significant year-to-date deficit, indicating challenges in regaining its previous high market valuation [4] Market Trends - The telehealth sector is experiencing varied stock performances, with some companies like Hims and Doximity showing strong gains, while others like Teladoc are facing declines [2][4] - The options market reflects a bullish outlook for telehealth stocks, with a notable preference for call options over puts, suggesting investor confidence in future price increases [5]
Hims & Hers: Still Huge Potential Ahead
Seeking Alpha· 2025-06-03 09:02
Company Overview - Hims & Hers Health, Inc is a telehealth platform that provides a variety of health and wellness services, connecting consumers with healthcare professionals [1] - The company offers tailored prescriptions, non-prescription products, and additional services [1] Analyst Background - The analysis is conducted by a qualified accountant with extensive experience in financial services, including private equity, hedge funds, asset management, and venture capital [1] - The analyst has developed skills in financial analysis, risk assessment, and identifying investment opportunities across various companies [1] Disclosure Information - The analyst has no current stock, option, or similar derivative positions in any of the companies mentioned and does not plan to initiate any such positions within the next 72 hours [1] - The article reflects the analyst's personal opinions and is not compensated by any company mentioned [1]
Hims & Hers vs. Amwell: Which Telehealth Stock Is the Better Buy?
ZACKS· 2025-05-30 17:26
Core Insights - Virtual healthcare services, or telehealth, are becoming a standard in the digital healthcare space, with companies like Hims & Hers Health, Inc. (HIMS) and American Well Corporation (AMWL) emerging as key players in medical consultations and digital health solutions [1][2] Stock Performance & Valuation - HIMS has outperformed AMWL over the past three months, with a 35.1% increase compared to AMWL's 22.3% decline. In the past year, HIMS has rallied 183%, while AMWL has seen a decline of 20.3% [3] - HIMS is trading at a forward 12-month price-to-sales (P/S) ratio of 4.6X, above its three-year median of 2.3X. In contrast, AMWL's forward sales multiple is at 0.4X, below its median of 1.3X [4] Growth Potential for Hims & Hers - HIMS is expanding into new conditions treatable via telehealth, focusing on areas like sleep disorders and hypertension, which align with its business model [7] - HIMS has partnered with Novo Nordisk to enhance accessibility to obesity care, launching a six-month Wegovy access plan at $549/month [8] - Over 65% of new subscribers in 2024 benefited from personalized products, aided by the MedMatch AI tool for customized treatment plans [9] Growth Potential for Amwell - Amwell's platform allows clients to utilize their provider networks for virtual care across various modalities, from primary to specialty care [10] - The Converge platform enables care across in-person, virtual, and automated modalities, supporting interoperability with EHRs [11] - Amwell has a nationwide clinical coverage with around 1,000 active behavioral health providers and partnerships with organizations like the Cleveland Clinic [12] Earnings Projections - The Zacks Consensus Estimate for HIMS' 2025 earnings per share suggests a 166.7% improvement from 2024 [13] - The Zacks Consensus Estimate for AMWL's 2025 loss per share implies a 49.7% improvement from 2024 [15] Price Targets - The average price target for HIMS is $43.00, indicating a potential decline of 17.9% from the last close [17] - The average price target for AMWL is $10.00, suggesting a potential increase of 44.7% from the last close [18] Investment Recommendation - HIMS is viewed as a more stable and financially sound investment opportunity, with strong profitability and user engagement, generating substantial free cash flow [21] - AMWL is recognized for its rapid growth and expansion but is considered a lower-ranked investment option compared to HIMS [22]
Treatment.com AI and Rocket Doctor Applaud US Health Secretary RFK Jr.’s Call for Greater Investment in Telehealth and AI-Driven Diagnostic Tools
Globenewswire· 2025-05-15 13:02
Core Insights - Treatment.com AI Inc. and Rocket Doctor support the U.S. Secretary of Health and Human Services' advocacy for telehealth and AI to enhance healthcare access [1][5] - The Secretary highlighted a technology that can diagnose strep throat via a phone camera, emphasizing the potential to reduce emergency room visits [2][5] - Rocket Doctor's platform allows physicians to remotely diagnose and treat patients, significantly benefiting underserved communities in New York and California [2][9] Company Overview - Treatment.com AI is focused on improving healthcare through AI and clinical practices, featuring the Global Library of Medicine (GLM) as a key component [6][7] - Rocket Doctor is a digital health platform that empowers physicians to provide tailored care, particularly in remote and underserved areas [9][10] - The GLM supports healthcare professionals by reducing administrative burdens and enhancing patient care quality [7] Industry Impact - The integration of AI in healthcare is expected to improve accuracy, efficiency, and reduce costs for patients, providers, and payers [5] - The recognition of Rocket Doctor as Clinical Innovator of the Year by the American Telemedicine Association underscores its role in advancing telehealth solutions [3] - The collaboration between Treatment.com AI and Rocket Doctor exemplifies the potential of technology and clinical expertise to transform healthcare delivery [5]
Hydreight Technologies to Present at Maxim Group’s 2025 Virtual Tech Conference & the CEM Bermuda Capital Event
Globenewswire· 2025-05-14 12:00
Core Insights - Hydreight Technologies Inc. is a rapidly growing digital health platform focused on transforming mobile and telehealth services in the U.S. [1] - The company will present at two investor conferences in June 2025, showcasing its healthcare infrastructure and technology platform [1][2] - Recent financial results indicate significant growth, with adjusted revenue increasing by 31% year-over-year [6] Financial Performance - FY2024 Adjusted Revenue reached $22.32 million CAD, a 31% increase year-over-year [6] - GAAP Revenue was reported at $16.04 million CAD, reflecting a 39% year-over-year growth [6] - Adjusted EBITDA improved to +$490,000 CAD, compared to a loss of -$1.38 million CAD in FY2023 [6] - Cash Flow from Operations was positive at +$857,000 CAD, with a current cash position of $6.8 million CAD [6] Business Expansion - In 2024, Hydreight expanded its service offerings to include Liraglutide, NAD+, TRT, peptide therapies, and oral weight-loss medications [4] - The company secured strategic partnerships with national health franchises and clinical experts, enhancing its service capabilities [4] - Hydreight has sold over 400 licenses to direct-to-consumer (D2C) brands across all 50 states, indicating strong market penetration [6] Technology and Platform Development - The VSDHOne platform was developed to facilitate compliant entry for companies into the online healthcare space, significantly reducing launch time and costs [9] - Hydreight's platform supports a network of over 3,000 nurses and 200 physicians, providing a comprehensive mobile clinic network across the U.S. [8] - The platform includes integrated tools for accounting, documentation, sales, inventory, and patient data management, enhancing operational efficiency for healthcare professionals [8]
LifeMD Reports First Quarter 2025 Results and Raises Full-Year 2025 Guidance
Globenewswire· 2025-05-06 20:05
Core Insights - LifeMD, Inc. reported strong financial results for Q1 2025, achieving its first-ever quarter of GAAP profitability ahead of expectations [3][5] - The company experienced significant growth in telehealth services, with a 70% year-over-year increase in telehealth revenue [5][8] - LifeMD raised its full-year 2025 guidance for total revenues and adjusted EBITDA, reflecting robust performance in the telehealth segment [5][14] Financial Performance - Total revenues increased by 49% year-over-year to $65.7 million, with telehealth revenue contributing $52.5 million [8][9] - Adjusted EBITDA rose to $8.7 million from $0.1 million in the same period last year [9][30] - GAAP net income was reported at $0.6 million, or $0.01 per diluted share, compared to a net loss of $7.5 million, or ($0.19) per share, in Q1 2024 [9][21] Subscriber Growth - Telehealth active subscribers increased by 22% to approximately 290,000 [9][10] - Total active subscribers across all services reached 448,925, marking an 11% increase year-over-year [10] Strategic Initiatives - LifeMD expanded its service offerings, including the launch of men's hormone therapy and acceptance of Medicare, which are expected to enhance its telehealth platform [3][4] - The company formed strategic collaborations with LillyDirect and NovoCare to provide access to branded GLP-1 medications, positioning itself as a unique telehealth provider in the U.S. [4] Financial Guidance - For the full year 2025, LifeMD expects total revenues in the range of $268 million to $275 million, up from previous guidance of $265 million to $275 million [5][14] - Adjusted EBITDA guidance was raised to a range of $31 million to $33 million, reflecting strong year-to-date performance [5][14]
Hims & Hers vs. Teladoc: Which Telehealth Stock Is the Better Buy Now?
ZACKS· 2025-04-30 17:45
Core Insights - Virtual healthcare services, or telehealth, are becoming a standard in the digital healthcare space, with companies like Hims & Hers Health, Inc. (HIMS) and Teladoc Health, Inc. (TDOC) emerging as key players [1][2] Group 1: Hims & Hers Health, Inc. (HIMS) - HIMS is expanding into new specialty areas that can be treated effectively via telehealth, including weight loss, sleep disorders, and hypertension, which are prevalent among its customer base [3] - The company has announced a collaboration with Novo Nordisk to enhance accessibility and affordability of obesity care [4] - Over 65% of new subscribers in 2024 benefited from personalized products, supported by the MedMatch AI tool for customized treatment plans [5] - HIMS has shown strong stock performance, rallying 158.5% over the past year, compared to TDOC's decline of 44.3% [9] Group 2: Teladoc Health, Inc. (TDOC) - TDOC is broadening its virtual care offerings across the healthcare continuum, including primary care, chronic care, and mental health management [6] - The company has established a global distribution network, facilitating partnerships with insurers and expanding its services internationally [7] - TDOC aims to enhance its capabilities through selective acquisitions, such as the agreement to acquire Catapult Health [8] - Despite its growth, TDOC's stock has underperformed, with a decline of 29.7% over the past three months [9] Group 3: Stock Performance & Valuation - HIMS is trading at a forward price-to-sales (P/S) ratio of 3.1X, above its three-year median of 2.2X, while TDOC's forward sales multiple is at 0.5X, below its median of 1.2X [10] - The Zacks Consensus Estimate for HIMS' 2025 earnings per share suggests a 166.7% improvement from 2024, while TDOC's estimate implies an 85% improvement in loss per share [12][15] - Analysts' average price target for HIMS is $27.50, indicating a potential decline of 53.5%, while TDOC's average target is $10.90, implying a decline of 19.3% [16][18] Group 4: Investment Outlook - HIMS is viewed as a more stable investment opportunity with strong profitability and user engagement, earning a Zacks Rank 2 (Buy) [21] - TDOC, with a Zacks Rank 3 (Hold), is expanding but faces challenges in its business environment, making HIMS a more compelling choice for investors seeking lower execution risk [22]
LifeMD Expands Insurance Acceptance to Medicare Beneficiaries for Qualifying Virtual Primary Care, Including in its Weight Loss Programs
Newsfilter· 2025-04-17 12:00
Core Insights - LifeMD, Inc. has expanded its acceptance of Medicare insurance for qualifying virtual primary care services, initially available to over 21 million Medicare Part B beneficiaries in 26 states, with plans to reach over 60 million beneficiaries across 49 states by the end of Q2 2025 [1][2][5] Group 1: Company Developments - The expansion of Medicare acceptance is part of LifeMD's long-term strategy to diversify its payor mix and strengthen recurring revenue streams while addressing underserved populations [5] - LifeMD's platform will provide access to synchronous medical care, urgent prescriptions, and laboratory services through partnerships with Quest and Labcorp [4] - The company has invested two years in operational readiness and regulatory compliance to effectively serve the growing Medicare population [2] Group 2: Market Context - A significant portion of the Medicare population lacks convenient access to primary care, particularly in rural or underserved areas, complicating timely preventive care for older adults [3] - Approximately 75% of Medicare beneficiaries are overweight, obese, or managing at least one cardiometabolic condition, highlighting the need for accessible virtual care solutions [3] - Recent legislation has extended Medicare Telehealth Flexibilities through September 30, 2025, allowing beneficiaries to receive telehealth services from various locations, including their homes [3]