SINGAPORE, May 10, 2024 (GLOBE NEWSWIRE) -- Mobile-health Network Solutions (Nasdaq: MNDR) (“MaNaDr” or “the Company”), a leading Asia-Pacific telehealth provider, today announced the establishment of a subsidiary in Malaysia. This strategic expansion signifies MNDR's commitment to delivering accessible and affordable healthcare services throughout Southeast Asia.
Solidifying Regional Leadership
The Malaysian subsidiary marks a pivotal step in the Company’s... Read more
MOBILE, Ala. / May 10, 2024 / Business Wire / TruBridge, Inc. (NASDAQ: TBRG), a healthcare solutions company, today announced financial results for the first quarter ended March 31, 2024.
First Quarter 2024 Highlights
All comparisons are to the quarter ended March 31, 2023, unless otherwise noted Bookings of $23.6 million compared to $19.8 million
Total revenue of $83.2 million compared to $86.2 million
Revenue Cycle Management (RCM) revenue of $53.0 million compared... Read more
Delivers Continued Growth in Adjusted EBITDA Margin TORONTO, May 10, 2024 /CNW/ - CareRx Corporation ("CareRx" or the "Company") (TSX: CRRX), Canada's leading provider of pharmacy services to seniors living and other congregate care communities, today reported its financial results for the first quarter ended March 31, 2024.
"Our first quarter results were in line with our expectations, and the continued growth in Adjusted EBITDA margin reflects the ongoing progress... Read more
MIAMI BEACH, Fla., May 10, 2024 (GLOBE NEWSWIRE) -- AirSculpt Technologies, Inc. (NASDAQ:AIRS) (“AirSculpt” or the “Company”), a national provider of premium body contouring procedures, today announced results for the first quarter ended March 31, 2024.
First Quarter Cases increased 2.9% over the prior year period to 3,746
Revenue increased 3.9% over the prior year to $47.6 million
Net income of $6.0 million for the quarter compared to $(0.0) million... Read more
Max Levy appointed Chief Investment Officer in newly created role
Lilly H. Donohue, a long-time senior living industry executive, to join Board of Directors DALLAS / May 10, 2024 / Business Wire / Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner-operator and investor in communities and services for seniors, today announced the appointment of Max Levy to the newly created role of Chief Investment Officer (“CIO”). In addition,... Read more
DALLAS / May 10, 2024 / Business Wire / Sonida Senior Living, Inc. (the “Company,” “we,” “our,” or “us”) (NYSE: SNDA), a leading owner-operator and investor in communities and services for seniors, today announced its results for the first quarter ended March 31, 2024.
“We achieved strong across-the-board results during the first quarter of 2024, executing on our key financial and operational priorities with year-over-year occupancy, revenue and community... Read more
ARR up 21% YoY to $47.8 million
Total Revenue up 21% to $15.3 million
EBITDA up 56% YoY to $3.1 million TORONTO, May 09, 2024 (GLOBE NEWSWIRE) -- VitalHub Corp. (the “Company” or “VitalHub”) (TSX:VHI) (OTCQX:VHIBF) announced today it has filed its Interim Condensed Consolidated Financial Statements and Management's Discussion and Analysis report for the three ended March 31, 2024, with the Canadian securities authorities. These documents may be viewed under... Read more
First Quarter Medicare Advantage Membership of 107,000, up 12% year-over-year
First Quarter Total Revenue of $232.2 million, up 34% year-over-year
Continuing to Explore Strategic Options to Maximize Value of Certain Assets and Generate Further Liquidity MIAMI / May 09, 2024 / Business Wire / CareMax, Inc. (NASDAQ: CMAX; CMAXW) (“CareMax” or the “Company”), a leading technology-enabled value-based care delivery system, today announced financial results for the... Read more
Quarterly revenue of $821 million; GAAP EPS of $0.45 and adjusted EPS of $0.97 DALLAS, May 09, 2024 (GLOBE NEWSWIRE) -- AMN Healthcare Services, Inc. (NYSE: AMN), the leader and innovator in total talent solutions for healthcare organizations across the United States, today announced its first quarter 2024 financial results. Financial highlights are as follows:
Dollars in millions, except per share amounts.
Q1 2024
% Change Q1 2023 Reven... Read more
ATLANTA, May 09, 2024 (GLOBE NEWSWIRE) -- Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, today announced financial results for the quarter ended March 31, 2024.
“As we report first quarter earnings, we are thrilled that our purpose-built digital navigation platform for Medicaid is launching on July 1, 2024, to approximately 750,000 Medicaid members,” said Brent Layton, CEO of Sharecare. “As... Read more
HOUSTON / May 09, 2024 / Business Wire / U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced that Chris Reading, Chief Executive Officer, and Carey Hendrickson, Chief Financial Officer, will present at the Bank of America Securities Healthcare Conference 2024 on Tuesday, May 14, 2024. The presentation will cover an overview of the Company.
About U.S. Physical... Read more
Digital cancer care platform Careology and Evolent (NYSE: EVH) to offer an innovative platform to enable cancer navigation
Evolent will embed Careology's digital cancer care technology within its comprehensive care navigation services offered to health plan clients across the U.S. WASHINGTON, May 9, 2024 /PRNewswire/ -- Evolent Health, Inc. (NYSE: EVH), a $2 billion revenue company focused on achieving better health outcomes for people with complex conditions, today... Read more
Revenue of $639.7 million, an increase of $212.0 million or 49.6%, from the three months ended March 31, 2023.
Net loss attributable to common shareholders of Evolent Health, Inc. of $(25.2) million and a net loss margin of (3.9)%.
Adjusted EBITDA of $54.1 million resulting in an Adjusted EBITDA margin of 8.5%.
Raises revenue outlook for full year 2024 and reiterates full year 2024 Adjusted EBITDA guidance. WASHINGTON, May 9, 2024 /PRNewswire/ -- Evolent Health,... Read more
SALT LAKE CITY, May 09, 2024 (GLOBE NEWSWIRE) -- Health Catalyst, Inc. ("Health Catalyst," Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today reported financial results for the quarter ended March 31, 2024.
“For the first quarter of 2024, I am pleased by our strong financial results, including total revenue of $74.7 million and Adjusted EBITDA of $3.4 million, with these results beating the mid-point... Read more
NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Progyny, Inc. (Nasdaq: PGNY) (“Progyny” or the “Company”), a transformative fertility, family building and women's health benefits solution, today announced its financial results for the three-month period ended March 31, 2024 (“the first quarter of 2024”) as compared to the three-month period ended March 31, 2023 (“the first quarter of 2023” or “the prior year period”).
“Utilization through the... Read more
TORONTO, May 9, 2024 /CNW/ - Medical Facilities Corporation ("Medical Facilities," "MFC," or the "Corporation") (TSX: DR), reported its financial results today for the first quarter ended March 31, 2024. Medical Facilities also announced an 11.8% increase to its quarterly dividend. All amounts are expressed in U.S. dollars unless indicated otherwise.
Q1 2024 Highlights
(Compared to Q1 2023 and excluding the divested MFC Nueterra ambulatory surgery centers) Facility... Read more
First Quarter Revenue was $490.7 million, a 5.2% increase over the prior year Gross margin increased 1.0% to $145.9 million, compared to Q1 2023 First Quarter Net loss was $11.2 million, compared to net loss of $32.0 million in the comparable prior year period Adjusted EBITDA was $34.9 million, a 22.5% increase as compared to the prior year quarter Full Year 2024 Revenue guidance raised to greater than $1,970 million Full Year 2024 Adjusted EBITDA... Read more
SANTA MONICA, Calif. / May 09, 2024 / Business Wire / GoodRx Holdings, Inc. (Nasdaq: GDRX) ("we," "us," "our," “GoodRx,” or the “Company”), the leading destination for prescription savings in the U.S., has released its financial results for the first quarter of 2024.
First Quarter 2024 Highlights Revenue1 and Adjusted Revenue1 of $197.9 million
Net loss of $1.0 million; Net loss margin of 0.5%
Adjusted Net Income1 of $32.6 million; Adjusted Net Income Margin1... Read more
Practice Collections +7.4% compared to 1Q’23
Implemented Providers +17.3% compared to 1Q’23
Company Reiterated Full Year 2024 Guidance ARLINGTON, Va., May 09, 2024 (GLOBE NEWSWIRE) -- Privia Health Group, Inc. (Nasdaq: PRVA) today announced financial results for the first quarter ended March 31, 2024.
For the Three Months Ended March 31,
($ in millions, except per share amounts)
2024
... Read more
SCOTTSDALE, Ariz., May 09, 2024 (GLOBE NEWSWIRE) -- LifeStance Health Group, Inc. (Nasdaq: LFST), one of the nation’s largest providers of outpatient mental healthcare, today announced financial results for the first quarter ended March 31, 2024.
(All results compared to prior-year comparative period, unless otherwise noted)
Q1 2024 Highlights and FY 2024 Outlook Revenue of $300.4 million increased 19% compared to revenue of $252.6 million
Clinician base increased... Read more
HALIFAX, Nova Scotia, May 09, 2024 (GLOBE NEWSWIRE) -- NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a growing home health care organization, is pleased to announce the release of financial results for the quarter ended March 31, 2024. All amounts are in United States dollars unless otherwise specified.
Nova Leap Q1 2024 Financial Results
Financial results for the first quarter ended March 31, 2024 include the following: Q1 2024 revenues... Read more
Conference call will be held today, Thursday, May 9 at 9:00 am ET CARMEL, Ind., May 9, 2024 /PRNewswire/ -- Syra Health Corp. (NASDAQ: SYRA), ("Syra Health" or the "Company") a healthcare technology company with a mission to improve healthcare by providing innovative services and technology solutions, announced today its financial results for the first quarter ended March 31, 2024.
Q1 2024 Financial Highlights Revenue of $1.7 million in 1Q24 compared to $1.2... Read more
Reduces Operating Expense by over $5 million and Net Loss by over 50% compared to 2023 TAMPA, Fla., May 9, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (Nasdaq: MRAI), an independent national Third-Party Administration (TPA) company transforming the $22 billion TPA market supporting self-funded employer health plans with affordable, intelligent, healthcare, today announced financial results for the first quarter of 2024. The Company expects... Read more
TOTAL REVENUE OF $67.5 MILLION FOR FIRST QUARTER 2024 VS $56.3 MILLION IN 2023, AN INCREASE OF 20%
HOSPITAL DIVISION VISITS OF 40,068 FOR THE FIRST QUARTER 2024 VS VISITS OF 33,085 IN 2023, AN INCREASE OF 21.1%
HOSPITAL DIVISION OPERATING INCOME OF $10.5 MILLION FOR FIRST QUARTER 2024 VS $4.8 MILLION IN 2023, AN INCREASE OF 119%
NET CASH FROM OPERATING ACTIVITIES OF $3.1 MILLION FOR FIRST QUARTER 2024
CONTINUED FOCUS ON INCREASED CASH FLOW THROUGH REDUCTION IN OPERATING... Read more
Company to host a conference call tomorrow, May 9, 2024, at 10 a.m. EDT DALLAS / May 08, 2024 / Business Wire / Enhabit, Inc. (NYSE: EHAB), a leading home health and hospice care provider, today reported its results of operations for the first quarter ended March 31, 2024.
“Our momentum exiting 2023 and through the first quarter of 2024 instills confidence and excitement in our strategy and team,” said Enhabit’s President and Chief Executive Officer Barb Jacobsmeyer.... Read more
Company Reports First Quarter Net Income of $10.6 Million and Record Adjusted EBITDA1 of $24.1 Million
Management to Host Conference Call and Webcast Today at 5:00 PM Eastern Time NEW YORK / May 08, 2024 / Business Wire / DocGo Inc. (Nasdaq: DCGO) (“DocGo” or the “Company”), a leading provider of technology-enabled mobile health services, today announced financial and operating results for the quarter ended March 31, 2024.
First Quarter 2024 Financial High... Read more
MOBILE, Ala. / May 08, 2024 / Business Wire / TruBridge, Inc. (NASDAQ: TBRG), a healthcare solutions company, and Multiview Financial Software (Multiview) announced a newly formed strategic partnership at TruBridge’s recent annual National Client Conference held in Las Vegas, Nevada.
TruBridge announced Multiview’s cloud-based Enterprise Resource Planning (ERP) software as its preferred financial management solution for its clients, with the ability to fully integrate... Read more
MURRAY, Utah, May 08, 2024 (GLOBE NEWSWIRE) -- R1 RCM Inc. (NASDAQ: RCM) (“R1” or the “Company”), a leading provider of technology-driven solutions that transform the financial performance and patient experience for health systems, hospitals, and physician groups, today announced results for the three months ended March 31, 2024 and updated full year 2024 outlook.
First Quarter 2024 Results: Revenue of $603.9 million, up $58.3 million or 10.7% compared... Read more
WELL achieved record quarterly revenues of $231.6 million in Q1-2024, an increase of 37% as compared to Q1-2023 driven by acquisitions and organic growth of 13% which includes growth related to our clinic absorption program.
WELL achieved Adjusted EBITDA(1) of $28.3 million in Q1-2024, an increase of 6% as compared to Q1-2023. WELL's Canadian business grew its Adjusted EBITDA in Q1- 2024 by 19% to $14.6 million on a YoY basis.
WELL achieved Net Income of $19.6 million... Read more
Q1 2024 Revenues of $234.5 million, Net Loss of $539.7 million (including a $519.1 million impairment of goodwill and indefinite-lived intangible assets), and Adjusted EBITDA of $146.8 million
Identified potential medical cost savings of approximately $5.7 billion in Q1 2024, up 3% from Q1 2023 and down 3% from Q4 2023
Repurchased or repaid $24.4 million of face value of debt, including $21.1 million of 6.0% Senior Convertible PIK Notes NEW YORK / May 08, 2024 / Business... Read more
HENDERSON, Nev. / May 08, 2024 / Business Wire / P3 Health Partners Inc. (“P3” or the “Company”) (NASDAQ: PIII), today named Dr. Aric Coffman as P3’s Chief Executive Officer, effective as of May 8, 2024, succeeding Dr. Sherif Abdou, P3’s Co-Founder. Dr. Abdou will continue to serve as a Strategic Advisor to P3, and a member of the Company’s Board of Directors working closely with Dr. Coffman to ensure a smooth transition.
Dr. Coffman is an exceptional physician... Read more
Dr. Aric Coffman joins P3 Health Partners as CEO
Total revenue growth of 29% year-over-year
Reaffirming 2024 guidance
Anticipates reaching Adjusted EBITDA positive in 2024
Management to Host Conference Call and Webcast May 8, 2024 at 4:30 PM ET HENDERSON, Nev. / May 08, 2024 / Business Wire / P3 Health Partners Inc. (“P3” or the “Company”) (NASDAQ: PIII), a patient-centered and physician-led population health management company, today announced its financial... Read more
Drove strong Q1 ‘24 results, focused on delivering coordinated, consumer-centric care to all populations through strong provider and payor partnerships and proactive consumer engagement
Delivered Revenue of $245.1 million, Net Income from Continuing Operations of $5.7 million, Adjusted EBITDA of $2.5 million in Q1 ‘24, laying a solid foundation for continued profitable growth in 2024
NeueCare and NeueSolutions segments positioned for continued strong performance this... Read more
First quarter 2024 revenue of $12.4 million
Adjusted EBITDA1 for first quarter 2024 of $2.7 million and Adjusted EBITDA Margin1 of 22%
Total Number of Clients2 of 914 as at March 31, 2024 TORONTO, May 8, 2024 /CNW/ - LifeSpeak Inc. ("LifeSpeak" or the "Company") (TSX: LSPK), the leading whole-person wellbeing solution for employers, health plans and other organizations, announced today its financial and operational results for the three months ended March... Read more
Management Raises Full Year 2024 Guidance HOUSTON / May 07, 2024 / Business Wire / U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today reported results for the first quarter ended March 31, 2024.
FINANCIAL HIGHLIGHTS Adjusted EBITDA (1), a non-Generally Accepted Accounting Principles (“GAAP”) measure, was $16.7 million... Read more
NASHVILLE, Tenn., May 7, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced results for the quarter ended March 31, 2024.
HIGHLIGHTS First quarter consolidated revenue per available unit (RevPAR) increased 6.7% year-over-year and 5.1% sequentially.
First quarter consolidated weighted average occupancy increased 160 basis points, accelerating from recent year-over-year growth trends and outperforming normal seasonal... Read more
PRINCETON, N.J., May 07, 2024 (GLOBE NEWSWIRE) -- Certara, Inc. (Nasdaq: CERT), a global leader in biosimulation, today reported its financial results for the first quarter of fiscal year 2024.
First Quarter Highlights: Revenue was $96.7 million, compared to $90.3 million in the first quarter of 2023, representing growth of 7%. Software revenue was $39.3 million, compared to $33.0 million in the first quarter of 2023, representing growth of 19%.
Services revenue... Read more
First Quarter 2024 Insurance Revenue growth of 8% year-over-year
First Quarter 2024 GAAP Net Loss from Continuing Operations of $23.2 million versus First Quarter 2023 loss of $79.7 million
First Quarter Adjusted EBITDA profitability of $6.8 million versus prior period loss of $37.5 million
Improves 2024 guidance to Insurance Revenue of $1.30 billion - $1.35 billion and Adjusted EBITDA profitability of $10 million - $30 million
Maintains strong liquidity position... Read more
Company to Host Conference Call on Tuesday, May 7, 2024, at 2:30 p.m. PT/5:30 p.m. ET ALHAMBRA, Calif., May 7, 2024 /PRNewswire/ -- Astrana Health, Inc. ("Astrana," and together with its subsidiaries and affiliated entities, the "Company") (NASDAQ: ASTH), a leading provider-centric, technology-powered healthcare company enabling providers to deliver accessible, high-quality, and high-value care to all, today announced its consolidated financial results for the first... Read more
FRAMINGHAM, Mass., May 07, 2024 (GLOBE NEWSWIRE) -- Definitive Healthcare Corp. (“Definitive Healthcare” or the “Company”) (Nasdaq: DH), an industry leader in healthcare commercial intelligence, today announced financial results for the quarter ended March 31, 2024.
First Quarter 2024 Financial Highlights: Revenue was $63.5 million, an increase of 7% from $59.2 million in Q1 2023.
Net Loss was $(12.7) million, or (20%) of revenue, compared to $(16.0)... Read more
DENVER, May 07, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge” or the “Company”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail, predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), today announced financial results for its fiscal third quarter ended March 31, 2024.
“The portfolio of initiatives that we’ve launched over the past two years is creating tangible... Read more
Procedure revenue growth and strengthened profitability drive solid financial performance
Phased launch of BioteRx remains on track
Reaffirms 2024 financial guidance, with an acceleration in second half growth IRVING, Texas / May 07, 2024 / Business Wire / Biote (NASDAQ: BTMD), a leading solutions provider in preventive health care through the delivery of personalized hormone optimization and therapeutic wellness, today announced financial results for the first quarter... Read more
WOONSOCKET, R.I., May 7, 2024 /PRNewswire/ -- CVS Health (NYSE: CVS) today announced that Chief Financial Officer Tom Cowhey will participate in a fireside chat with investors at the Bank of America 2024 Healthcare Conference on May 14, 2024, at approximately 7:20 a.m. pacific time.
An audio webcast of the event will be broadcast simultaneously on the Investor Relations portion of the CVS Health website at investors.cvshealth.com where it will be archived for a period... Read more
Revenue increased 52% to $1.6 billion, Medicare Advantage membership increased 43% to 523,000, and total members on the agilon platform grew to 654,000
Continued progress executing performance action plan with focus on driving profitability and enhancing operating efficiency
Maintaining full year 2024 guidance for Medical Margin and Adjusted EBITDA AUSTIN, Texas / May 07, 2024 / Business Wire / agilon health, inc. (NYSE: AGL), the trusted partner empowering physicians... Read more
This agreement is the 4th Provincial Health Authority contract for Cloud DX remote patient monitoring (RPM) services, alongside Alberta, the Yukon and Prince Edward Island. News in Summary After a successful competitive RFP process, on April 23, 2024 the Company executed a Province-wide contract for Remote Patient Monitoring (RPM) products and services.
The contract has a term of 36 months with 2 extensions of 12 months each. The average contract value of each... Read more
1Q 2024 Total revenue grew 36% year-over-year
1Q 2024 Payor revenue grew 92% year-over-year
Reduced GAAP Net loss to $1.5 million from $8.8 million year-over-year
Delivers first profitable quarter with Adjusted EBITDA1 of $0.8 million NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- Talkspace, Inc. (NASDAQ: TALK), today reported first quarter 2024 financial results.
Three Months
Three Months Ended March 31, 2024... Read more
BRENTWOOD, Tenn., May 07, 2024 (GLOBE NEWSWIRE) -- Surgery Partners, Inc. (NASDAQ:SGRY) ("Surgery Partners" or the "Company"), a leading short-stay surgical facility owner and operator, today announced results for the first quarter ended March 31, 2024. Revenues increased 7.7% to $717.4 million compared to the prior year period Same-facility revenues increased 10.2% Net loss attributable to Surgery Partners, Inc. was $12.4 million Adjusted EBITDA... Read more
Solid revenue1 growth of 4% driven by both segments Care Delivery and Care Enablement
Operating income1 margin improved in both segments
Care Enablement delivered strong sequential margin improvement with significant progress towards the 2025 target margin band
Execution of transformation continues at pace, contributing additional FME25 savings of EUR 52 million
Portfolio optimization program progresses in Care Delivery with signed or closed divestments in... Read more
BOSTON and ROLLE, Switzerland, May 07, 2024 (GLOBE NEWSWIRE) -- SOPHiA GENETICS (Nasdaq: SOPH), a cloud-native software company and leader in data-driven medicine, today reported financial results for the first quarter ended March 31, 2024.
First Quarter 2024 Financial Highlights Revenue grew 13% year-over-year to $15.8 million; Constant currency revenue excluding COVID-related revenue grew 12% year-over-year
Gross margins were 65.9% on a reported basis and 70.5% on... Read more
Reaffirming fiscal 2024 financial guidance ranges
Executed $400 million accelerated share repurchase transaction CHARLOTTE, N.C. / May 07, 2024 / Business Wire / Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today reported financial results for the fiscal-year 2024 third quarter ended March 31, 2024.
Third-quarter results: Total net revenue of $342.6 million; growth of 6% over the prior-year period
GAAP net loss of $49.2... Read more
