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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]
Verb(VERB) - 2024 Q4 - Earnings Call Transcript
2025-03-25 21:35
Financial Data and Key Metrics Changes - For the full year 2024, the company generated total revenue of $895,000, an increase of $832,000 compared to 2023, representing a growth of 1,321% [18] - In Q4 2024, revenue reached $723,000, an increase of $694,000 year-over-year, indicating a growth of almost 2,400% [19] - Quarter-over-quarter, Q4 revenue increased by $595,000, representing growth of almost 465% compared to Q3 2024 [19] - The company reported a positive shareholder equity of over $16 million as of December 2024, up from almost $2 million negative in June 2023 [13] Business Line Data and Key Metrics Changes - The company transitioned from a direct sales SaaS model to a focus on interactive social video commerce, leading to significant revenue growth [10][15] - The launch of the GO FUND YOURSELF crowdfunding platform generated $233,000 in revenue in Q4, up from $25,000 in Q3 [15] - The MARKET.live platform showed exponential revenue growth, with Q4 revenue of $490,000 compared to $103,000 in Q3 [17] Market Data and Key Metrics Changes - The company is entering the telehealth market with products like VANITY Prescribed and GoodGirlRX, anticipating significant growth due to the adoption of new weight-loss drugs [16] - The overall market conditions for small and micro-cap companies have been challenging, impacting previous business strategies [5][12] Company Strategy and Development Direction - The company has implemented a multi-pronged strategy to restructure and diversify its revenue streams, focusing on complementary business units [14] - A significant part of the strategy includes the acquisition of LyveCom to enhance AI capabilities and reduce operational costs by approximately $1 million per year [21][22] - The company aims to position itself as a leader in the social commerce space, leveraging its technology to provide solutions for brands [17] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's future, expecting Q1 2025 revenue to surpass Q4 2024 [19] - The CEO highlighted the importance of adapting to market conditions and the need for a robust AI strategy to remain competitive [20] Other Important Information - The company has successfully eliminated debt and has a cash position of over $13 million, providing a strong financial foundation for future growth [23][24] - The reverse stock split has resulted in a tight share float of less than 1 million shares, enhancing shareholder value [13] Q&A Session Summary - No specific questions or answers were recorded in the provided content, indicating the conclusion of the teleconference [26]
Handheld Multi-Parameter Monitoring Devices Market Size to Cross US$ 5.3 Billion by 2035, Growing at 4.6% CAGR with Rising Demand for Portable Diagnostics – Analysis by TMR
Globenewswire· 2025-03-11 15:53
Core Insights - The handheld multi-parameter monitoring devices market is experiencing significant growth driven by the demand for portable and real-time health monitoring solutions [2][3] - The market was valued at US$ 3.2 billion in 2024 and is projected to grow at a CAGR of 4.6%, reaching over US$ 5.3 billion by 2035 [2][3] Market Drivers - Increasing prevalence of chronic diseases such as cardiovascular diseases, diabetes, and respiratory disorders necessitates continuous monitoring [6] - The shift towards home healthcare and remote patient monitoring is fostering personalized and decentralized healthcare solutions [6] - Advancements in sensor and wearable technologies are leading to the development of lightweight, non-invasive, and AI-integrated monitoring systems [6] - The growing geriatric population demands easy-to-use, real-time health tracking solutions [6] - The integration of telemedicine and digital health is expanding the adoption of cloud-based and Bluetooth-enabled diagnostic tools [6] Competitive Landscape - Key players in the market include Abbott, Medtronic, Koninklijke Philips N.V., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., GE HealthCare, and NIHON KOHDEN CORPORATION [7][11] - Companies are focusing on investments in sensor technology, AI-based analytics, and wireless connectivity to enhance patient monitoring experiences [7] Market Segmentation - By application, the market share is distributed as follows: Hospital & Clinical Use (40%), Home Healthcare (30%), Emergency & Critical Care (20%), and Military & Remote Healthcare (10%) [13] - By region, North America holds 45% market share, followed by Europe at 30%, Asia-Pacific at 15%, and the Rest of the World at 10% [14] Future Outlook - Emerging opportunities include portable handheld monitors for hospitals and home care, wearable multi-parameter devices integrated with smart technology, and wireless devices enabling remote monitoring [15] - The market is characterized by rapid technological advancements and increasing investments in healthcare infrastructure [9][10]
Mangoceuticals(MGRX) - Prospectus
2024-08-16 20:44
As filed with the Securities and Exchange Commission on August 16, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 UNDER THE SECURITIES ACT OF 1933 Mangoceuticals, Inc. (Exact Name of Registrant as Specified in Its Charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Texas 8099 87-3841292 (I.R.S. Employer Identification Number) 15110 N. Dallas Parkway, Suite 600 FORM S-1 REGISTRATIO ...
Mangoceuticals(MGRX) - Prospectus(update)
2023-12-12 22:14
As filed with the Securities and Exchange Commission on December 12, 2023. Registration No. 333-275993 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Mangoceuticals, Inc. (Exact Name of Registrant as Specified in Its Charter) Texas 8099 87-3841292 (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Num ...
Mangoceuticals(MGRX) - Prospectus
2023-12-11 22:29
As filed with the Securities and Exchange Commission on December 11, 2023. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) Texas 8099 87-3841292 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 15110 N. Dallas Parkway, Suite 600 Dallas ...