Healthcare Technology
Search documents
CareCloud Increases 2025 Revenue Guidance Following Medsphere Acquisition
Globenewswire· 2025-09-02 12:00
Core Insights - CareCloud has raised its revenue outlook for 2025 to a range of $116 million to $118 million, up from the previous guidance of $111 million to $114 million, indicating strong growth in the hospital IT market [2][3] - The company anticipates 2026 revenue to be between $128 million and $130 million, driven by cross-selling opportunities and increased hospital adoption of its AI-driven solutions [2][3] - The acquisition of Medsphere Systems Corporation is highlighted as a transformative move that enhances CareCloud's product portfolio and market demand [3] Financial Guidance - For 2025, CareCloud expects revenue between $116 million and $118 million, reflecting an increase in scale and market participation [2] - The anticipated revenue for 2026 is projected to be $128 million to $130 million, supported by ongoing investments in AI innovation [2] - Adjusted EBITDA outlook is expected to remain unchanged, while GAAP EPS may be affected by higher non-cash amortization expenses due to the acquisition [2] Strategic Initiatives - CareCloud's AI Center of Excellence is advancing tools that automate revenue cycle workflows and support clinicians in real-time, aimed at improving efficiency and patient outcomes [3] - The company emphasizes its commitment to innovation in healthcare technology, helping clients enhance financial and operational performance [4] - CareCloud serves over 40,000 providers, focusing on reducing administrative burdens and improving patient care [4]
Semler Scientific, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses; October 28, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-08-29 20:23
Core Viewpoint - Semler Scientific, Inc. is facing a class action lawsuit due to allegations of misleading statements and failure to disclose a significant investigation by the U.S. Department of Justice regarding potential violations of the False Claims Act [3][4]. Group 1: Class Action Details - The class action lawsuit represents investors who purchased Semler Scientific securities between March 10, 2021, and April 15, 2025 [1]. - Investors have until October 28, 2025, to file a lead plaintiff motion [1]. Group 2: Allegations and Investigations - The lawsuit claims that during the class period, the company made false statements and did not disclose a civil investigative demand from the DOJ regarding improper marketing of devices as reimbursable by Medicare [3][4]. - On February 28, 2025, Semler disclosed the DOJ's investigation, which led to a stock price drop of over 9% [4]. Group 3: Settlement and Financial Impact - On April 15, 2025, Semler announced a settlement agreement of $29.75 million to resolve all claims, resulting in a nearly 10% decline in the company's stock price [5].
Medtronic executives to speak at upcoming investor conferences
Prnewswire· 2025-08-29 15:22
Core Insights - Medtronic plc will participate in several upcoming investor conferences, showcasing its commitment to engaging with investors and stakeholders [1][2][3][4]. Group 1: Upcoming Conferences - Medtronic will attend the 2025 Wells Fargo Healthcare Conference on September 4, 2025, with CEO Geoff Martha and CFO Thierry Piéton participating [1]. - The company will also be present at the Morgan Stanley 23rd Annual Global Healthcare Conference on September 8, 2025, featuring CFO Thierry Piéton [2]. - On September 10, 2025, Medtronic will participate in the 2025 Deutsche Bank Healthcare Summit, with Greg Smith, EVP of enterprise operations, addressing questions [3]. - The BofA Global Research Global Healthcare Conference is scheduled for September 24, 2025, where CFO Thierry Piéton will again represent the company [4]. Group 2: Company Overview - Medtronic, headquartered in Galway, Ireland, is a leading global healthcare technology company focused on addressing significant health challenges [5]. - The company employs over 95,000 individuals across more than 150 countries and offers solutions for 70 health conditions, including cardiac devices and surgical robotics [5]. - Medtronic's mission is to alleviate pain, restore health, and extend life, emphasizing its commitment to innovative healthcare solutions [5].
Wellgistics Health Inc(WGRX) - Prospectus(update)
2025-08-28 21:44
UNITED STATES SECURITIES AND EXCHANGE COMMISSION As filed with the U.S. Securities and Exchange Commission on August 28, 2025 Registration No. 333-288932 Washington, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Wellgistics Health, Inc. (Exact name of registrant as specified in its charter.) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Delaware 8090 93-3264234 (IRS Employer Identification No.) 3000 Bayport Drive ...
Ascom and AvaSure partner in AI-powered virtual nursing solutions for North America
Globenewswire· 2025-08-28 05:00
Core Insights - Ascom and AvaSure have entered a multi-year Interoperability Partner Agreement to integrate their healthcare platforms, enhancing communication and patient care efficiency [1][4] - The partnership aims to address the growing demand for integrated healthcare solutions that connect clinical communication and monitoring technologies [4] Company Collaboration - The integration will allow for near real-time virtual monitoring alerts from AvaSure to be routed through Ascom's clinical workflow engine, improving decision-making and response times [4] - This collaboration is expected to streamline communication and enhance care team coordination in hospitals [1][4] Market Impact - A survey indicates that 74% of acute care hospital leaders believe virtual nursing significantly influences key hospital metrics, highlighting the importance of virtual care programs [2] - AvaSure's AI-powered solutions, including virtual nursing and observation, are trusted by over 1,100 hospitals globally, demonstrating the effectiveness of their technology in improving patient outcomes and reducing costs [3]
速递|AI客服Assort Health获光速领投5000万美元,估值7.5亿美元,接管预约与日常问答
Z Potentials· 2025-08-27 12:08
Core Insights - Assort Health, a startup focused on AI patient communication automation for specialty medical institutions, has completed a $50 million Series B funding round, achieving a valuation of $750 million [2] - The funding round was led by Lightspeed Venture Partners, occurring just four months after the company raised $22 million in Series A funding [3] - Founded two years ago by former medical student Jon Wang and ex-Facebook engineer Jeff Liu, Assort Health's AI voice assistant aims to handle high-frequency repetitive tasks typically managed by front desk staff, allowing healthcare professionals to focus on more complex patient interactions [4] Industry Trends - Assort Health is among several startups recently securing funding aimed at leveraging AI technology to alleviate the pressure of incoming calls on healthcare facilities [5] - Last week, EliseAI, which provides automated customer service for real estate and healthcare front desks, announced a $250 million Series E funding round, with a valuation of $2.2 billion [5] - Another AI assistant service for healthcare, Hello Patient, completed a $20 million Series A funding round earlier this month, achieving a valuation of $100 million [5] - The healthcare industry is rapidly adopting AI solutions, with products like medical documentation assistants from companies such as Abridge and Ambience Healthcare gaining popularity [5] Company Performance - Assort Health targets small to medium-sized specialty clinics with long wait times, and its AI agent's quick response capabilities may help reduce patient attrition to competitors [6] - Despite Assort Health's annual recurring revenue (ARR) being slightly above $3 million, the company is experiencing rapid growth [6] - Initially focused on orthopedic and physical therapy clinics, Assort Health has recently expanded its services to other specialties, including obstetrics, dermatology, and dentistry [6]
Health Catalyst Announces Upfront: Market Insights on Salesforce AppExchange
Prnewswire· 2025-08-26 12:30
Core Insights - Health Catalyst has launched Market Insights on Salesforce AppExchange, enabling healthcare organizations to utilize actionable consumer insights to enhance patient care and improve campaign performance [1][2]. Company Overview - Health Catalyst is a leading provider of data and analytics technology and services aimed at improving healthcare outcomes, with over 1,000 organizations relying on its offerings [5]. - The company’s technology ecosystem, Health Catalyst Ignite™, leverages AI-enabled data and analytics solutions to transform complex healthcare information into actionable insights [5]. Product Features - Market Insights integrates seamlessly into existing Salesforce workflows, allowing healthcare enterprises to better understand their populations and create targeted patient journeys based on psychographics [2][3]. - The integration is designed to enhance existing workflows within Health Cloud and Marketing Cloud, aiming to drive better health outcomes for communities [3]. Market Context - Salesforce AppExchange serves as a significant enterprise marketplace, hosting over 9,000 apps and achieving more than 12 million customer installs since its launch in 2006 [3].
Best Momentum Stock to Buy for August 21st
ZACKS· 2025-08-21 15:01
Group 1: OptimizeRx - OptimizeRx provides consumer and physician platforms to assist patients in affording and complying with their medications and healthcare products [1] - The company has a Zacks Rank of 1 (Strong Buy) and the Zacks Consensus Estimate for its current year earnings increased by 26.4% over the last 60 days [1] - OptimizeRx's shares gained 33.4% over the last three months, outperforming the S&P 500's gain of 9.5% [2] - The company possesses a Momentum Score of A [2] Group 2: Kanzhun - Kanzhun operates an online recruitment platform primarily in China [2] - The company also has a Zacks Rank of 1 and the Zacks Consensus Estimate for its current year earnings increased by 1.9% over the last 60 days [2] - Kanzhun's shares gained 23.3% over the last three months, again outperforming the S&P 500's gain of 9.5% [3] - The company possesses a Momentum Score of A [3] Group 3: Arista Networks - Arista Networks provides cloud networking solutions for data centers and cloud computing environments [3] - The company holds a Zacks Rank of 1 and the Zacks Consensus Estimate for its current year earnings increased by 9.8% over the last 60 days [3] - Arista Networks' shares gained 42.2% over the last three months, significantly outperforming the S&P 500's gain of 9.5% [4] - The company possesses a Momentum Score of A [4]
新华数字经济沙龙 | 以数据共享小切口释放“三医”协同大价值
Xin Hua Cai Jing· 2025-08-21 05:29
Core Viewpoint - The integration of data is essential for the collaborative development of the "Three Medicines" (medical care, medical insurance, and pharmaceuticals), and enhancing data quality and standards is crucial for effective data utilization in this sector [1][2][3]. Group 1: Data Quality and Standards - Experts emphasize that data is a key element in promoting the collaborative development of the "Three Medicines" [1]. - There is a need to strengthen data quality and establish comprehensive data standards for the "Three Medicines" to facilitate efficient data circulation and utilization [1][2]. - The China Information Communication Research Institute is actively involved in developing technical standards and policies to enhance data classification and privacy protection [1][2]. Group 2: Medical Insurance Data - The quality of medical insurance data is currently the best among the "Three Medicines," with initiatives like the National Smart Medical Insurance Competition promoting cross-regional data integration [2]. - Future efforts should focus on improving the data circulation system and regulatory mechanisms to enhance data quality from the source [2]. - The National Medical Insurance Bureau has mandated that by July 1, 2025, all tertiary hospitals must implement code-based settlements, which will significantly enhance data connectivity across the pharmaceutical supply chain [3]. Group 3: Digital Transformation in Traditional Medicine - The integration of digital technology into traditional Chinese medicine is being prioritized, with policies aimed at promoting "smart traditional Chinese medicine" [4]. - Companies are developing comprehensive models that combine medical technology, data, services, and research to enhance the digital capabilities of traditional medicine [4]. Group 4: Standardization Challenges - The lack of standardized medical data across various departments and regions is a significant challenge for the "Three Medicines" collaboration [5]. - There is a call for the establishment of a national medical terminology system and the promotion of international standards like ICD-11 and SNOMED CT in China [5]. - The focus should be on creating a supportive framework for data conversion while respecting the unique standards of each sector within the "Three Medicines" [5][6]. Group 5: Future Directions - The health sector is recognized as an early adopter of market-oriented data elements, with a commitment to advancing data sharing as a top priority [6]. - The "新华数字经济沙龙" series aims to foster high-level exchanges and discussions on digital economic development, focusing on innovative practices and addressing key issues in the digital economy [6].