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LifeMD Offers Ozempic® at $499 Per Month through Collaboration with Novo Nordisk
Globenewswire· 2025-09-30 12:00
Core Insights - LifeMD, Inc. has announced a collaboration with Novo Nordisk to provide Ozempic at a reduced price of $499 per month for eligible self-pay patients [1][2] - The integration with NovoCare Pharmacy allows access to all FDA-approved doses of Ozempic through LifeMD's virtual care platform [1][2] - The initiative aims to improve access to GLP-1 therapies for millions of Americans suffering from type 2 diabetes, a condition affecting approximately 36 million people in the U.S. [2][3] Company Overview - LifeMD is a leading provider of virtual primary care, offering telemedicine, laboratory and pharmacy services, and specialized treatment across over 200 conditions [4] - The company utilizes a vertically integrated digital care platform and a 50-state affiliated medical group to enhance access to high-quality and affordable care [4] Collaboration Details - The expanded collaboration with Novo Nordisk includes not only Ozempic but also Wegovy, enhancing LifeMD's ability to deliver competitive self-pay prices for FDA-approved GLP-1 therapies [2][3] - LifeMD's telehealth platform is also integrated with LillyDirect pharmacy to provide access to Zepbound (tirzepatide), further diversifying treatment options for patients [3]
The Gross Law Firm Reminds LifeMD, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 25, 2025 – LFMD
Globenewswire· 2025-09-29 20:17
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of LifeMD, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical information during a specified class period [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from May 7, 2025, to August 5, 2025 [3]. - Allegations include that LifeMD's management overstated the company's competitive position and raised 2025 guidance without properly accounting for increased customer acquisition costs, particularly in the RexMD segment and for obesity treatment drugs like Wegovy and Zepbound [3]. Next Steps for Shareholders - Shareholders who purchased shares during the class period are encouraged to register for the class action by October 25, 2025, to potentially become lead plaintiffs [4]. - Registration will provide shareholders with updates throughout the case lifecycle, and participation incurs no cost or obligation [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and seeks recovery for losses incurred due to misleading statements or omissions that inflated LifeMD's stock price [5].
LifeMD (LFMD) Sued for Allegedly Misleading Investors on Growth Guidance According to Hagens Berman
Globenewswire· 2025-09-29 19:44
Core Viewpoint - A federal securities fraud class action lawsuit has been filed against LifeMD, Inc. and its executives, alleging that the company misrepresented its financial health and growth, leading to a significant decline in stock price in August 2025 [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit, titled Johnston v. LifeMD, Inc., covers the period from May 7, 2025, to August 5, 2025, and seeks to recover damages for investors who incurred substantial losses during this timeframe [2]. Allegations of Misleading Information - The complaint indicates that on May 6, 2025, LifeMD reported strong first-quarter results and raised its full-year revenue and adjusted EBITDA guidance, claiming a "category-defining competitive moat" in virtual obesity care and strong performance from its RexMD brand [4]. - However, the lawsuit argues that this optimistic outlook was misleading as the company allegedly failed to disclose ongoing business challenges, including elevated customer acquisition costs and issues with patient refunds [5][10]. Stock Price Impact - Following the announcement of disappointing second-quarter results on August 5, 2025, which included missed revenue and earnings estimates and a reduction in full-year guidance, LifeMD's stock price fell by over 44% the next day [6][5]. Investigation by Hagens Berman - Hagens Berman, a national plaintiffs' rights firm, is investigating these claims on behalf of affected investors, focusing on whether LifeMD's management accurately represented the company's financial situation [7][8]. Key Issues Identified - The lawsuit highlights two main issues: rising customer acquisition costs in the RexMD segment and a higher-than-anticipated refund rate in the weight management business [10].
3 Healthcare Stocks Using AI to Drive Growth
MarketBeat· 2025-09-27 15:13
Core Insights - Artificial intelligence (AI) is significantly transforming various industries, particularly healthcare, by enhancing efficiency and improving patient outcomes [1][2]. Group 1: AI in Healthcare - The integration of generative and agentic AI is aiding healthcare professionals in making more accurate diagnoses and reducing administrative burdens, which is crucial given the high burnout rates among physicians, with 93% reporting regular burnout [2]. - AI is positioned to address the supply and demand imbalance in healthcare, especially with an aging population, by bridging the gap between efficiency and personalized care [2]. Group 2: Investment Opportunities - Companies utilizing AI to enhance healthcare outcomes are seen as potential investment opportunities, with specific stocks highlighted for their growth potential [3]. - Hims & Hers Health (HIMS) has experienced a 121% increase in stock value in 2025, attributed to its AI-driven telehealth services that streamline administrative tasks [4][5]. - Tempus AI (TEM) is leveraging AI for precision medicine and oncology, with a 128% stock increase in 2025, and is recognized for its contributions to drug discovery for major pharmaceutical companies [8][10][11]. - Boston Scientific (BSX) is using AI to improve medical device performance and has received FDA approval for a new treatment system, contributing to a 17% stock increase in 2025 [12][14].
Hims & Hers Powers YieldMax's Latest Options-Based Income ETF
Benzinga· 2025-09-26 17:41
Core Insights - YieldMax ETFs has launched the YieldMax HIMS Option Income Strategy ETF (NYSE: HIYY), aimed at providing current income through options-based strategies related to Hims & Hers Health Inc (NYSE: HIMS) [1][3] - HIYY does not invest directly in Hims & Hers shares but employs options strategies to generate income streams for shareholders [2] - The fund is categorized as a Group D ETF for distribution purposes, with its initial distribution announcement expected on October 22 [4] Company Insights - Hims & Hers Health Inc is recognized as a prominent player in the consumer health and wellness sector, showing exceptional stock strength [1][6] - The introduction of HIYY allows investors to access income potential linked to a high-growth wellness company without owning the underlying stock [3] Industry Insights - Options-based ETFs like HIYY provide an alternative to traditional dividends, particularly in sectors such as health and wellness where stocks may not frequently pay dividends [6] - YieldMax ETFs are gaining popularity for their customized solutions focused on generating immediate income, appealing to both retail and institutional investors [5]
Dogecoin Cash, Inc. (OTCQB: DOGP) Subsidiary PrestoDoctor Expands Telehealth Cannabis Evaluations to Connecticut, Now Operating in 19 States Nationwide
Globenewswire· 2025-09-26 08:20
Core Insights - PrestoDoctor, a subsidiary of Dogecoin Cash, Inc., is expanding its telemedicine services for medical cannabis evaluations to Connecticut, now operating in 19 states across the U.S. [1][4] - Since its launch in 2015, PrestoDoctor has served over 500,000 patients, establishing itself as a trusted platform for medical cannabis telehealth services [2][4]. - The Connecticut launch complies with state regulations that require certifications to be issued by licensed in-state clinicians, facilitating patient access to medical marijuana [3][6]. Company Overview - PrestoDoctor has been operational for 10 years, focusing on providing secure, patient-centered telehealth services [4][5]. - The platform offers flexible payment options, including traditional methods and select cryptocurrencies, reflecting a modern approach to healthcare solutions [4][8]. - The company emphasizes privacy and security in its telehealth workflows, consistent with its operations in other states [8]. Regulatory Compliance - The Connecticut launch aligns with state laws permitting telemedicine for medical marijuana certifications, ensuring that only licensed Connecticut professionals can issue certifications [3][6]. - Patients must complete the registration process with the Connecticut Department of Consumer Protection after receiving a certification [6].
Dogecoin Cash, Inc. (OTCQB: DOGP) Subsidiary PrestoDoctor Expands Telehealth Cannabis Evaluations to Connecticut, Now Operating in 19 States Nationwide
Globenewswire· 2025-09-26 08:20
Core Insights - PrestoDoctor, a subsidiary of Dogecoin Cash, Inc., is expanding its telemedicine services for medical cannabis evaluations to Connecticut, now operating in 19 states across the U.S. [1][4] Company Overview - Founded in 2015, PrestoDoctor has served over 500,000 patients nationwide, establishing itself as a trusted platform for medical cannabis telehealth services [2][4]. - The platform is recognized for its compliance, convenience, and patient satisfaction, connecting patients with licensed clinicians in their home states [2]. Service Expansion - The launch in Connecticut aligns with state regulations that allow telemedicine for medical marijuana certifications, requiring certifications to be issued by Connecticut-licensed healthcare professionals [3][6]. - PrestoDoctor will facilitate connections between patients and in-state clinicians, providing guidance for the medical marijuana registration process with the Connecticut Department of Consumer Protection [3][6]. Payment Options - PrestoDoctor offers flexible payment methods, including traditional payment options and select cryptocurrencies such as Dogecoin, Bitcoin, Ethereum, USD Coin, and Tether, reflecting the company's commitment to modern healthcare solutions [4][6].
Dogecoin Cash, Inc. (OTCQB: DOGP) Subsidiary PrestoDoctor Expands Telehealth Cannabis Evaluations to Connecticut, Now Operating in 19 States Nationwide - Dogecoin Cash Inc Com (OTC:CBDS), Dogecoin Cas
Benzinga· 2025-09-26 08:20
Core Insights - Dogecoin Cash, Inc. announced the expansion of its subsidiary PrestoDoctor into Connecticut, increasing its operational footprint to 19 states across the U.S. [1][4] - PrestoDoctor has served over 500,000 patients since its launch in 2015, establishing itself as a trusted platform for medical cannabis telehealth services [2][4]. Company Overview - PrestoDoctor, founded in 2015, has a decade-long history of providing telemedicine services for medical cannabis evaluations, focusing on compliance, convenience, and patient satisfaction [2][4]. - The platform allows patients to connect with licensed clinicians in their home states and offers flexible payment options, including traditional methods and select cryptocurrencies [4][8]. Connecticut Expansion - The launch in Connecticut complies with state regulations that allow telemedicine for medical marijuana certifications, requiring certifications to be issued by Connecticut-licensed healthcare providers [3][6]. - PrestoDoctor will assist patients with the registration process for medical marijuana through the Connecticut Department of Consumer Protection [3][8]. Service Features - The platform provides fully online appointments with Connecticut-licensed clinicians for qualifying conditions recognized by the state medical program [8]. - Patients receive step-by-step guidance on state registration after obtaining a certification from a clinician, ensuring privacy and security consistent with PrestoDoctor's established workflows [8].
Lawsuit Targets Telehealth Firm LifeMD (LFMD) Over Alleged Misleading Statements According to Hagens Berman
Globenewswire· 2025-09-24 23:45
Core Viewpoint - A federal securities fraud class action lawsuit has been filed against LifeMD, alleging misleading representations regarding its financial health and growth prospects, following a significant stock price decline after its earnings report in August 2025 [1][7]. Summary by Relevant Sections Lawsuit Details - The lawsuit, titled Johnston v. LifeMD, Inc., covers the period from May 7 to August 5, 2025, claiming that LifeMD made false statements, particularly during its first-quarter results announcement on May 6, 2025, when it raised its full-year revenue and adjusted EBITDA guidance [5][6]. - The complaint asserts that LifeMD's optimistic outlook regarding its competitive position in virtual obesity care and performance from its RexMD brand was misleading, as it did not disclose significant operational challenges [5][6]. Financial Performance and Stock Impact - LifeMD reportedly faced rising customer acquisition costs in its RexMD segment and a higher-than-expected refund rate in its weight management business, which were not disclosed to investors [6]. - The situation escalated on August 5, 2025, when LifeMD announced second-quarter results that missed revenue and earnings per share estimates, leading to a drastic reduction in its full-year guidance. Following this announcement, the company's stock price dropped by over 44% [7]. Investor Actions - The lawsuit provides an opportunity for investors who incurred substantial losses during the specified period to seek recovery [8]. - Hagens Berman, the law firm investigating the claims, is looking into whether LifeMD was aware of but failed to disclose key operational issues [10].
LifeMD: Set To Ride A Telehealth Tailwind (NASDAQ:LFMD)
Seeking Alpha· 2025-09-24 14:27
Company Overview - LifeMD is a smaller player in the telehealth sector, positioning itself as a "direct-to-patient telehealth company" that offers a high-quality, cost-effective, and convenient way to access comprehensive virtual and in-home healthcare [1] Investment Insights - The focus on small-cap opportunities suggests a strategy aimed at finding asymmetric upside potential in the market, particularly through sustainable high dividend yields [2] - Key factors for investment consideration include insider buying, high insider ownership, a history of free cash flow growth, and substantial catalysts for turnaround [2] Analyst Position - The analyst has a beneficial long position in LifeMD shares, indicating confidence in the company's future performance [3]