Streetwise Healthcare Articles
Surgery Center Operator Posts 23% Increase YTD Revenue and Raises FY21 Adjusted EBITDA Estimates
Source: Streetwise Reports (11/3/21)
Surgery Partners shares traded 18% higher after the company reported Q3/21 financial results that included a 12.7% increase in YoY revenue and a 6.2% increase in the number of same-facility procedures performed.
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Medpace Shares Rise 13% on Higher Q3 Earnings & Forward Outlook
Source: Streetwise Reports (10/26/21)
Shares of Medpace Holdings Inc. climbed to a new 52-week high after the CRO, a provider of full-service clinical trial development services, reported financial results for Q3/21 that included a 28.3% increase in YoY revenue.
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DarioHealth Contracts With National Health Plan to Offer Behavioral Health Services to Millions of Members
Source: Streetwise Reports (10/14/21)
DarioHealth Corp. shares traded 17% higher after the company reported it entered into an agreement with an unnamed national healthcare provider to make its behavioral health products available to millions of the plan's members.
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Reliq's Telemedicine Platform Helps Free Up Hospital Space for COVID-19 Delta Patients
Source: Streetwise Reports (10/6/21)
Simultaneously, demand is growing for Reliq Health's iUGO Care software as virtual healthcare delivery increases during the COVID-19 pandemic.
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SmileDirectClub Granted Patent for Mobile Oral Care Bus to Serve Remote Regions in the US & UK
Source: Streetwise Reports (10/5/21)
SmileDirectClub Inc. shares traded 15% higher after the company reported that the U.S. Patent & Trademark Office has allowed its new patent for the firm's mobile SmileBus concept whereby its SmileShop on wheels is mobilized to expand access to convenient, affordable oral care in remote areas across the U.S. and the U.K.
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Inotiv Makes $545 Million Bid for Envigo RMS Holdings to Fortify Research and Drug Discovery Platforms
Source: Streetwise Reports (9/21/21)
Shares of Inotiv Inc. traded 27% higher to a new 52-week high after the company reported it entered into agreement to acquire Envigo RMS Holding Corp. in a cash and stock deal valued at $545 million which will serve to create a one-stop-shop, discovery-to-approval solution for drug developers.
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Reliq Health Technologies Rides Telehealth Reimbursement Wave
Source: Streetwise Reports (9/2/21)
Global telemedicine company will turn a profit in the current quarter and experience rapid growth after new contracts to provide chronic care management and medicare and medicaid reimbursements expand.
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Inovalon Receives $7.3 Billion Buyout Offer From Nordic Capital Led Equity Consortium
Source: Streetwise Reports (8/19/21)
Inovalon Holdings Inc. shares traded 8% higher after the cloud healthcare technology platform firm reported it entered into an agreement to be acquired by an equity consortium led by Nordic Capital and Insight Partners for $41.00 per share in cash.
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Clover Health Shares Grow 12% after Posting Q2 Earnings and 229% Platform User Growth
Source: Streetwise Reports (8/12/21)
Shares of Clover Health Investments Corp. traded higher after the company reported Q2/21 financial results that included a 140% increase in YoY revenue.
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Rapidly Growing Virtual Healthcare Firm Adds Three New US Group Medical Practice Clients
Source: Streetwise Reports (7/21/21)
Reliq Health Technologies advised it entered into agreements with three physician practices in Texas for its iUGO Care platform.
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HCA Healthcare Shares Gain 15% on Strong Q2 Performance and Raised FY Outlook
Source: Streetwise Reports (7/20/21)
HCA Healthcare shares established a new 52-week high after the company reported a greater than 30% increase in YoY revenue in Q2/21.
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Analyst: Health Care Services/Tech Firm's 'Biggest Transaction Gets Even Bigger'
Source: Streetwise Reports (6/23/21)
How the acquisition has grown and its effects on CloudMD Software & Services are addressed in a Research Capital Corp. report.
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Multiplan Shares Rise on Strong YoY Gain in Q1 Net Income and Forward Outlook
Source: Streetwise Reports (5/13/21)
Multiplan Corp. shares traded 17% higher after the company reported Q1/21 net income of $45.9 million, compared to a net loss of $2.6 million in the corresponding quarter last year.
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Telehealth's Transformation of Healthcare Will Outlive the Pandemic, Boost AI Applications
Source: McAlinden Research for Streetwise Reports (5/7/21)
COVID-19 brought record-setting investment to the healthcare industry in 2020, but this year is shaping up to be even better, reports McAlinden Research Partners. Demand for telehealth services skyrocketed during the pandemic, and funding is starting to follow suit.
Virtual Care Solutions Company Adds New Clients, Expands Care Management Team
Source: Streetwise Reports (5/7/21)
Reliq Health Technologies reported the addition of four new skilled nursing facility customers in the southern U.S. and announced plans to expand its Care Management Team to meet the growing demand for Care Management Services.
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Firm Doubles in Size by Adding Four New Psychedelic Mental Health Clinics
Source: Streetwise Reports (5/5/21)
Novamind Inc. is opening four new psychedelic mental health clinics as part of the company's national expansion strategy, giving it the capability to conduct 65,000 client visits in 2021.
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Healthcare Services Group Shares Rise 13% on Q1 Earnings and Quarterly Dividend Increase
Source: Streetwise Reports (4/21/21)
Healthcare Services Group Inc.'s shares traded 13% higher after the company reported Q1/21 financial results that included a 22% YoY increase in net income.
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Is the Trend Turning for This Psychedelic Stock?
Source: Clive Maund for Streetwise Reports (4/19/21)
Technical analyst Clive Maund charts Delic Inc. and explains why he considers the stock attractive at this point.
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Merck Selects Rapidly Growing Psychedelic Medicine Company as Key Research Site
Source: Streetwise Reports (4/16/21)
Novamind runs clinics, research sites and therapeutic retreats and is positioning itself for expansion.
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Health Tech Company Acquiring Ontario Health Management Firm, Its Largest Transaction Ever
Source: Streetwise Reports (4/16/21)
A Research Capital Corp. report discusses CloudMD Software & Services' acquisition of Oncidium, "one of Canada's leading health
management companies."
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Nuance Communications Shares Rise 16% on $19.7 Billion Buyout Bid by Microsoft
Source: Streetwise Reports (4/12/21)
Nuance Communications shares reached a new 52-week high after the company reported that it agreed to be acquired by Microsoft in an all cash transaction for $56 per share.
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Mental Health Firm Partners with Merck on Treatment-Resistant Depression Trial
Source: Streetwise Reports (3/22/21)
Novamind Inc. reported it is teaming up with Merck to conduct a new Phase 2a study addressing treatment-resistant depression at a key clinical research site owned by its subsidiary company Cedar Clinical Research.
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Health Tech Company to Provide Patient Care Platform for 25+ Florida Nursing Facilities
Source: Streetwise Reports (3/17/21)
Reliq Health Technologies reported it entered into a new contract with a physician practice in Florida to provide its iUGO Care platform to over 25 skilled nursing facilities statewide.
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Materialise Shares Print 27% Higher on Upward Trend in Q4 Revenue
Source: Streetwise Reports (3/9/21)
Shares of 3D printing firm Materialise NV traded higher after the company reported FY/20 financial results and indicated that sequential quarterly revenue rebounded, increasing by 11.1% in Q4/20.
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Virtual HealthCare Tech Firm Reports Q2 Sequential Revenue Growth of 108%
Source: Streetwise Reports (3/3/21)
Reliq Health Technologies reported financial results for Q2/21 that demonstrated significant increases in quarterly revenues and gross margins; management expects to achieve profitability in the quarter ending June 30, 2021.
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