MINNEAPOLIS, July 26, 2024 (GLOBE NEWSWIRE) -- OneMedNet Corporation (Nasdaq: ONMD) (“OneMedNet” or the “Company”), the leading curator of regulatory-grade Real World Data ("RWD"), inclusive of electronic health records, laboratory results and, uniquely, medical imaging, today announced that it has entered into securities purchase agreements with certain institutional investors, including an affiliate of Off the Chain Capital and an affiliate of Discovery Capital... Read more
Initiative initially funded by $10 million grant from the Bill & Melinda Gates Foundation NEW YORK / Jul 26, 2024 / Business Wire / Schrödinger, Inc. (Nasdaq: SDGR), whose physics-based computational platform is transforming the way therapeutics and materials are discovered, today announced that it is embarking on an initiative to expand its computational platform to predict toxicology risk early in drug discovery. The goal of the initiative is to develop a computational... Read more
Diluted EPS of $2.16; Adjusted Diluted EPS of $2.42
Reaffirms 2024 Adjusted Diluted EPS Guidance Floor of Greater Than $6.80
Adjusted diluted EPS of $2.42, up 15% from $2.10 in the second quarter of 2023.
Premium and service revenues of $36.0 billion in the second quarter of 2024.
Membership increase of 34% in Marketplace, compared to the second quarter of 2023. ST. LOUIS, July 26, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC) ("the Company")... Read more
SAN JUAN CAPISTRANO, Calif., July 25, 2024 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign(TM) group of companies, which provide post-acute healthcare services and invest in the long-term healthcare industry, primarily in skilled nursing and senior living facilities, announced operating results for the second quarter of 2024, reporting GAAP diluted earnings per share of $1.22 and adjusted earnings per share(1) of $1.32, both for... Read more
New Veeva Pulse findings show congresses and early-career experts have the strongest influence on patient outcomes PLEASANTON, Calif., July 25, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today revealed that targeted pre-launch scientific outreach maximizes medical affairs teams' impact on treatment adoption in the latest Veeva Pulse Field Trends Report. The analysis shows biopharmas investing in pre-launch scientific activities and prioritizing congresses gain... Read more
DENVER / Jul 25, 2024 / Business Wire / Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a healthcare services company integrating technology into personalized care experiences, focused on improving health outcomes, announces the expansion of its relationship with BayCare Health System. As a leading community-based health system in West Central Florida, BayCare is committed to meeting the wide-ranging health needs in every community it serves and is leveraging... Read more
GE HealthCare selects AWS as its strategic cloud provider to deliver entirely new, purpose-built foundation models designed to fast-track the development of innovative healthcare applications
GE HealthCare plans to train and deploy clinical foundation models on AWS’s machine learning and generative AI technologies to help healthcare providers expedite clinical and operational workflows to improve delivery of care CHICAGO / Jul 25, 2024 / Business Wire / GE HealthCare... Read more
$721 PMPM Savings Over 24 Month Period for Graduates
$508 PMPM Savings for Non-Graduates MIAMI / Jul 25, 2024 / Business Wire / Ontrak, Inc (NASDAQ: OTRK), a leading AI-powered and technology-enabled behavioral healthcare company, announced the impressive results of a formal evaluation conducted on the Ontrak WholeHealth+ program. The study evaluated the program’s impact on one of its Medicaid health plan customer’s medical costs. The findings are significant and... Read more
New collaboration will allow Humana to further modernize its cloud infrastructure and leverage Google Cloud’s Generative AI capabilities to accelerate innovation in healthcare. LOUISVILLE, Ky. & SUNNYVALE, Calif. / Jul 25, 2024 / Business Wire / Humana Inc. (NYSE: HUM), a leading health and well-being company, today announced a new multi-year agreement with Google Cloud to further modernize Humana’s cloud infrastructure and leverage cutting-edge AI capabilities... Read more
ALHAMBRA, Calif., July 25, 2024 /PRNewswire/ -- Astrana Health, Inc. ("Astrana"), 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 it has entered into a definitive agreement to acquire Collaborative Health Systems ("CHS"), a management services organization serving... Read more
GAITHERSBURG, Md., July 25, 2024 (GLOBE NEWSWIRE) -- BullFrog AI Holdings, Inc. (NASDAQ: BFRG; BFRGW) ("BullFrog AI" or the "Company"), a leader in AI-driven drug discovery, announced significant advancements in its ongoing collaboration with the Lieber Institute for Brain Development (LIBD). Building on the progress detailed in our May 16, 2024 release, our research has now pinpointed specific molecular pathways associated with bipolar disorder (BD), enabling the identification... Read more
VeroSource, a subsidiary of HEALWELL, built the new Patient Summary feature that launched on the MyHealthNB mobile app in partnership with Canada Health Infoway and the Government of New Brunswick.
The Patient Summary feature allows users to create a summary of their medical information including medications, immunizations, lab results and imaging reports, which can then be securely shared with healthcare professionals and care providers.
By enabling the secure sharing... Read more
BATON ROUGE, La., July 24, 2024 (GLOBE NEWSWIRE) -- Amedisys, Inc. (NASDAQ: AMED) today reported its financial results for the three and six-month periods ended June 30, 2024.
Three-Month Periods Ended June 30, 2024 and 2023 Net service revenue increased $38.2 million to $591.2 million compared to $553.0 million in 2023.
Net income attributable to Amedisys, Inc. of $32.3 million, which is inclusive of merger-related expenses totaling $11.9 million ($11.5... Read more
FRANKLIN, Tenn. / Jul 24, 2024 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) (the “Company”) today announced financial and operating results for the three and six months ended June 30, 2024.
The following highlights the financial and operating results for the three months ended June 30, 2024. Net operating revenues totaled $3.140 billion.
Net loss attributable to Community Health Systems, Inc. stockholders was $(13) million, or $(0.10) per share (diluted),... Read more
CINCINNATI / Jul 24, 2024 / Business Wire / Chemed Corporation (Chemed) (NYSE: CHE), which operates VITAS Healthcare Corporation (VITAS), one of the nation’s largest providers of end-of-life care, and Roto-Rooter, the nation’s largest commercial and residential plumbing and drain cleaning services provider, reported financial results for its second quarter ended June 30, 2024, versus the comparable prior-year period.
Changes to Non-GAAP Metrics
Chemed uses certain non-GAAP... Read more
Consolidated Results of Operations, As Reported and As Adjusted – Three-month periods ended June 30, 2024 and 2023: KING OF PRUSSIA, Pa., July 24, 2024 /PRNewswire/ -- Universal Health Services, Inc. (NYSE: UHS) announced today that its reported net income attributable to UHS was $289.2 million, or $4.26 per diluted share, during the second quarter of 2024, as compared to $171.3 million, or $2.42 per diluted share, during the second quarter of 2023. Net revenues... Read more
Reaffirms Full Year 2024 Earnings Guidance LONG BEACH, Calif. / Jul 24, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (the “Company”) today reported second quarter 2024 GAAP earnings per diluted share of $5.17 and adjusted earnings per diluted share of $5.86. Financial results are summarized below: Three months ended Six months ended June 30, June 30, 20... Read more
Software Operations Bookings Up 10.3% From Prior Quarter
Year-Over-Year Software Revenue Performance Driven by Growth in Maintenance and Services ALEXANDRIA, Va. / Jul 24, 2024 / Business Wire / Spok Holdings, Inc. (NASDAQ: SPOK), a global leader in healthcare communications, today announced results for the second quarter ended June 30, 2024. In addition, the Company’s Board of Directors declared a regular quarterly dividend of $0.3125 per share, payable on September... Read more
OncoHelix is the first laboratory in Canada to adopt MSK-ACCESS® powered with SOPHiA DDM™ BOSTON and ROLLE, Switzerland, July 24, 2024 /PRNewswire/ -- SOPHiA GENETICS (Nasdaq: SOPH), a cloud-native healthcare technology company and a leader in data-driven medicine, announced today that OncoHelix, an internationally recognized research and diagnostics laboratory for precision diagnostics, will implement MSK-ACCESS® powered with SOPHiA DDM™. The organization,... Read more
Dallas, Texas, July 24, 2024 (GLOBE NEWSWIRE) -- Mangoceuticals, Inc. (NASDAQ: MGRX) (“MangoRx” or the “Company”), a leader in men’s health and wellness products including erectile dysfunction (ED), hair growth, weight loss, and hormone replacement therapies, is excited to announce the initiation of efficacy studies on its patented respiratory illness prevention technology in collaboration with Vipragen Biosciences and IntraMont Technologies, Inc. Notably, these... Read more
Lease agreement for new CenterWell Senior Primary Care and Conviva Care Centers locations will provide convenient primary care services designed especially for seniors. LOUISVILLE, Ky. / Jul 24, 2024 / Business Wire / CenterWell, the health care services business of Humana Inc. (NYSE: HUM), today announced plans to lease clinical space and open senior-focused primary care centers at 23 Walmart Supercenter retail stores in Florida, Georgia, Missouri and Texas. The centers... Read more
Focus on clinically-led features, including new AI smart notes to assist providers NEW YORK / Jul 24, 2024 / Business Wire / Talkspace (NASDAQ: TALK), a leading online behavioral health care company, today announced the formation of the dedicated AI Innovation Group aimed at advancing provider efficiency, and enhancing clinical quality and overall operational excellence through responsible and ethical use of artificial intelligence. Created in partnership with Talkspace’s... Read more
CARMEL, Ind., July 24, 2024 /PRNewswire/ -- Syra Health Corp. (NASDAQ: SYRA) ("Syra Health" or the "Company"), a healthcare technology company powering better health by providing meaningful solutions, announced today that it has been awarded a $5.8 million contract to train professionals who deliver health care to Indiana residents at home or in a community-based setting under the purview of the Indiana Family and Social Services Administration (FSSA). Syra Health has been... Read more
Raises Second Half 2024 Revenue Estimates,
Reaffirms Full-Year 2024 Cash Flow Forecast
Revenue of $426.3 million, in line with expectations.
Net income and diluted EPS of ($1.8) million and ($0.02); includes $0.22 impact of client restructuring charges.
Reported and adjusted cash flow from operations of $16.3 million and ($2.4) million.
Raises Q3 and Q4 revenue estimates to $425.0 to $435.0 million and $430.0 to $440.0 million.
Reaffirms 2024 adjusted cash flow range... Read more
Net income available to common shareholders in second quarter 2024 was $259 million, or $2.64 per diluted share
Adjusted diluted earnings per share1 was $2.31 in second quarter 2024
Consolidated Adjusted EBITDA1 in second quarter 2024 of $945 million increased 12.1% over second quarter 2023
Second quarter 2024 Ambulatory Care Adjusted EBITDA of $447 million increased 20.8% over second quarter 2023
Board of Directors has authorized a new $1.5 billion share repurchase... Read more
Transaction expands Molina’s Government managed care presence into Connecticut and is expected to add $1.00 per share to new store embedded earnings1 LONG BEACH, Calif. / Jul 23, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) announced today that it has entered into a definitive agreement to acquire ConnectiCare Holding Company, Inc. (“ConnectiCare”), a wholly owned subsidiary of EmblemHealth, Inc. The purchase price... Read more
Raises 2024 Guidance NASHVILLE, Tenn. / Jul 23, 2024 / Business Wire / HCA Healthcare, Inc. (NYSE: HCA) today announced financial and operating results for the second quarter ended June 30, 2024.
Key second quarter metrics (all percentage changes compare 2Q 2024 to 2Q 2023 unless otherwise noted): Revenues totaled $17.492 billion
Net income attributable to HCA Healthcare, Inc. totaled $1.461 billion, or $5.53 per diluted share
Adjusted EBITDA totaled $3.550 bi... Read more
WALTHAM, Mass., July 23, 2024 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of healthcare technology solutions helping life sciences companies reach and engage healthcare professionals (HCPs) and patients, today announced its continued commitment to partnering with pharmaceutical brands to navigate the rapidly changing landscape of state-level consumer privacy legislation while executing comprehensive marketing programs... Read more
NASHVILLE, Tenn. / Jul 22, 2024 / Business Wire / HealthStream, Inc. (the “Company”) (Nasdaq: HSTM), a leading healthcare technology platform for workforce solutions, announced today results for the second quarter ended June 30, 2024.
Second Quarter 2024 Revenues of $71.6 million in the second quarter of 2024, up 3.4% from $69.2 million in the second quarter of 2023
Operating income of $4.4 million in the second quarter of 2024, up 10.1% from $4.0 million in the... Read more
BELLEVUE, Wash. / Jul 19, 2024 / Business Wire / Novo Integrated Sciences, Inc. (NASDAQ:NVOS) (the “Company” or “Novo”), pioneering a holistic approach to patient-first health and wellness through a multidisciplinary healthcare ecosystem of multiple patient and consumer touchpoints for services and product innovation, today reported its financial results for the third fiscal quarter ended May 31, 2024.
Robert Mattacchione, Novo’s CEO and Board Chairman, stated,... Read more
BRENTWOOD, Tenn. / Jul 19, 2024 / Business Wire / Ardent Health Partners, Inc. (NYSE: ARDT) (f/k/a Ardent Health Partners, LLC and collectively “Ardent Health” or the “Company”), a leading provider of healthcare in growing midsize urban communities across the U.S., today announced the closing of its initial public offering (the “Offering”) of 12,000,000 shares of its common stock sold by the Company at a public offering price of $16 per share, for total gross... Read more
LONG BEACH, Calif. / Jul 19, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (“Molina”) announced today that the Florida Agency for Healthcare Administration (AHCA) has awarded a new Medicaid managed care contract to Molina’s health plan subsidiary, Molina Healthcare of Florida, Inc. Under the contract award in Miami-Dade and Monroe Counties, Molina expects to serve approximately 90,000 Medicaid beneficiaries. The contract term is expected to commence on... Read more
SAN FRANCISCO, July 19, 2024 (GLOBE NEWSWIRE) -- Augmedix, Inc. (Nasdaq: AUGX), a leader in ambient AI medical documentation and data solutions, today announced that it has entered into a definitive agreement to be acquired by Commure, Inc., a leading provider of technology to healthcare systems, in an all-cash transaction that values Augmedix at approximately $139 million in equity value.
Under the terms of the agreement, Augmedix stockholders will receive $2.35 per share... Read more
First biosimilar with an exclusive low cash price on the GoodRx platform RIDGEFIELD, Conn. and SANTA MONICA, Calif., July 18, 2024 /PRNewswire/ -- Boehringer Ingelheim and GoodRx (Nasdaq: GDRX), the leading prescription savings platform in the U.S., announced today a patient affordability initiative to provide citrate-free Adalimumab-adbm, Boehringer's biosimilar to Humira® (adalimumab), at a low cash price available exclusively on GoodRx. This program is a... Read more
Agreement to acquire business adds innovative, real-time image recognition technology and expertise to GE HealthCare’s portfolio of AI-enabled devices
AI-based technology from Intelligent Ultrasound aims to provide real-time support for OBGYN scans and improve exam accuracy and efficiency
Planned acquisition supports GE HealthCare’s precision care strategy to address inefficiencies and improve patient care quality CHICAGO / Jul 18, 2024 / Business Wire / GE HealthCare... Read more
Partnership Will First Launch Value-Based Care Solution Offering to Hawai'i Provider Community ALHAMBRA, Calif., July 17, 2024 /PRNewswire/ -- Astrana Health, Inc. (together with its subsidiaries and affiliated entities, "Astrana") (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 a strategic partnership with Elation Health, the clinical-first... Read more
Investment in Healthpilot supports Humana’s efforts to develop a more efficient, transparent, and consumer-centric healthcare ecosystem by leveraging cutting-edge technology.
Healthpilot’s AI-driven Medicare plan platform will remain payor-agnostic, providing highly personalized recommendations for Medicare beneficiaries to enroll in the right health plan. LOUISVILLE, Ky. / Jul 17, 2024 / Business Wire / Leading health and well-being company Humana Inc. (NYSE: HUM),... Read more
SOMERSET, N.J., July 17, 2024 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDO, CCLDP), a leader in healthcare technology and generative AI solutions for medical practices and health systems nationwide, is pleased to announce the expansion of its strategic partnership with health technology pioneer DrFirst to now include integrated RxInform functionality, which is designed to improve medication adherence by increasing patient engagement and reducing the burden of... Read more
2Q 2024 operating revenue of $43.2 billion
2Q 2024 adjusted operating gain1 of $2.8 billion
2Q 2024 diluted EPS2 of $9.85, up 26%; adjusted diluted EPS1 of $10.12, up 12%
3Q 2024 dividend of $1.63 per share declared to shareholders INDIANAPOLIS / Jul 17, 2024 / Business Wire / Elevance Health, Inc. (NYSE: ELV) reported second quarter 2024 results.
“Second quarter results reflect the power of our diversified business and thoughtful execution of our strategic initiatives... Read more
WELL has launched its new AI-powered physician co-pilot to assist cardiologists in better identifying patients at high risk of cardiovascular disease ("CVD"). WELL is exclusively partnering with HEALWELL AI, a leader in AI enabled disease diagnosis, as an extension of the WELL AI Decision Support ("WAIDS") product offering.
The co-pilot will be deployed into WELL Diagnostic Centres, Canada's largest cardiology and medical diagnostic group, providing support and assisting... Read more
MOBILE, Ala. / Jul 16, 2024 / Business Wire / TruBridge, Inc. (NASDAQ: TBRG), a leading healthcare solutions company, proudly announces that it has received the “Peer Reviewed by HFMA®” designation for its Complete Business Office solution for the fourth consecutive year and for its Revenue Cycle Management solution for the seventh consecutive year. These accolades join the Company’s Medical Coding Services, which also holds the esteemed Peer Reviewed status for the... Read more
MIAMI / Jul 16, 2024 / Business Wire / Ontrak, Inc (NASDAQ: OTRK), a leading AI-powered and technology-enabled behavioral healthcare company, announces the adoption of the Comprehensive Healthcare Integration (CHI) framework into its care delivery model. This advances Ontrak Health’s commitment to delivering high quality, integrated, whole person care. The CHI model represents the most comprehensive clinical framework for integrating physical health, behavioral health,... Read more
PURCHASE, NY, July 16, 2024 (GLOBE NEWSWIRE) -- Teladoc Health (NYSE: TDOC), the global leader in virtual care, today announced the availability of comprehensive mental healthcare for children, adolescents, and their families. The innovative offering, in partnership with Brightline, is offered through Teladoc Health’s virtual “front door,” connecting members to the healthcare they need, and increasing access to mental healthcare providers specifically trained... Read more
ATLANTA, July 16, 2024 (GLOBE NEWSWIRE) -- Streamline Health Solutions, Inc. (NASDAQ: STRM), a leading provider of solutions that enable healthcare providers to improve financial performance, announced that it has expanded its contract for the use of RevID with a 425-bed, Oracle-EHR based health system and extended the term for an additional 5 years.
Streamline Health is leading an industry movement to improve hospital financial performance through pre-bill technology... Read more
Revenues of $98.9 Billion Grew Nearly $6 Billion Year Over Year, Led by Optum
Consumers Served by UnitedHealthcare’s Commercial Domestic Offerings Grew 2.3 Million Year to Date
Cash Flows from Operations were $6.7 Billion or 1.5x Net Income
Second Quarter Earnings of $4.54 Per Share Reflect Classification of Remaining South American Operations as Held for Sale and Cyberattack Impacts
Adjusted Earnings of $6.80 Per Share Include $0.28 in Business Disruption Impacts;... Read more
ALHAMBRA, Calif., July 15, 2024 /PRNewswire/ -- Astrana Health, Inc. ("Astrana," and together with its subsidiaries and affiliated entities, the "Company") (NASDAQ: ASTH), a provider-centric, technology-powered healthcare company enabling providers to deliver accessible, high-quality, and high-value care to all, Anthem Blue Cross, one of California's largest health insurers, and Allied Pacific IPA, part of Astrana Health, a leading independent physician association serving... Read more
DALLAS / Jul 15, 2024 / Business Wire / Enhabit, Inc. (NYSE: EHAB) (“Enhabit” or the “Company”), a leading home health and hospice provider, today announced certain unaudited preliminary results for the second quarter ended June 30, 2024. The Company plans to report actual second quarter 2024 financial results on Aug. 6, 2024, and host a webcast and conference call on Aug. 7, 2024.
Unaudited Preliminary Results for the Second Quarter Ended June 30, 2024 Adjusted... Read more
NEW YORK / Jul 15, 2024 / Business Wire / DocGo Inc. (Nasdaq: DCGO) (“DocGo” or the “Company”), a leading provider of technology-enabled mobile health services, today announced that its Ambulnz subsidiary has launched emergency medical and 911 services in Dover, Delaware.
On July 1, 2024, Ambulnz began providing basic life support (BLS) ambulances 24 hours a day, seven days a week, operating out of three stations in the Dover Fire District. The services are supported... Read more
OLDSMAR, Fla. / Jul 15, 2024 / Business Wire / Cryo-Cell International, Inc. (NYSE American LLC: CCEL) (the “Company”), the world’s first private cord blood bank to separate and store stem cells in 1992, announced results for the fiscal second quarter ended May 31, 2024.
Financial Results
Revenue
Consolidated revenues for the second quarter of fiscal 2024 were $8.0 million compared to $7.8 million for the second quarter of fiscal 2023, a 3% increase. The revenues... Read more
DALLAS, TEXAS, July 12, 2024 (GLOBE NEWSWIRE) -- Mangoceuticals, Inc. (NASDAQ: MGRX) (“MangoRx” or the “Company”), a company focused on developing, marketing, and selling a variety of men’s health and wellness products in the areas of erectile dysfunction (ED), hair growth, weight loss, and hormone replacement therapies, is pleased to announce that it has appointed Dr. Douglas Christianson, N.D. to serve as Director of the Medical Research and Product Innovation... Read more
