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OpenLoop Health CEO on AI's operations in the healthcare industry
CNBC Televisionยท 2025-10-08 20:49
John Lensing is Open Loop Health's co-founder and CEO and he is with us on set. It's good to see you. Thanks for coming on.Oh, I appreciate you having me. All right, so the operating system for nextgen health, what does that mean. Uh, people want convenient healthcare.So, Open Loop is focused on taking non-healthcare companies and turning them into healthcare delivery centers overnight. So, think about getting sexual reproductive health care through a dating app or think about getting urgent care through a ...
Phreesia(PHR) - 2026 Q2 - Earnings Call Presentation
2025-09-04 21:00
Financial Performance Highlights - Total revenue for Q2 FY2026 reached $117 million, a 15% year-over-year increase[12] - Adjusted EBITDA for Q2 FY2026 was $22 million, a 239% year-over-year increase[12] - The company achieved net income of $0.7 million in Q2 FY2026 due to a deferred tax benefit[12] - The company has approximately 4,467 average healthcare services clients (AHSCs) [16] - The company processes over $4 billion in patient payments annually [10,16] - The company's total addressable market (TAM) is approximately $24 billion [36] Acquisition and Future Outlook - The company intends to acquire AccessOne for $160 million in cash, funded through a mix of cash and debt, expected to close in the second half of fiscal year 2026 [10] - The company anticipates AccessOne to contribute approximately $35 million in annualized revenue and $11 million in annualized Adjusted EBITDA [44] - The company projects total revenue for fiscal year 2026 to be between $472 million and $482 million [43] - The company projects Adjusted EBITDA for fiscal year 2026 to be between $87 million and $92 million [43]