BATON ROUGE, La., April 24, 2024 (GLOBE NEWSWIRE) -- Amedisys, Inc. (NASDAQ: AMED) today reported its financial results for the three-month period ended March 31, 2024.
Three-Month Periods Ended March 31, 2024 and 2023 Net service revenue increased $15.0 million to $571.4 million compared to $556.4 million in 2023. Prior year included $15.0 million of net service revenue from our personal care business which was divested on March 31, 2023.
Net income attributable... Read more
CINCINNATI / Apr 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 first quarter ended March 31, 2024, versus the comparable prior-year period.
Changes to Non-GAAP Metrics
Chemed uses certain non-GAAP... Read more
FRANKLIN, Tenn. / Apr 24, 2024 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) (the “Company”) today announced financial and operating results for the three months ended March 31, 2024.
Commenting on the results, Tim L. Hingtgen, chief executive officer of Community Health Systems, Inc., said, “We were pleased with our first quarter performance compared to both prior year and prior quarter. Progress was demonstrated on key operational and strategic priorities,... Read more
Consolidated Results of Operations, As Reported and As Adjusted – Three-month periods ended March 31, 2024 and 2023 KING OF PRUSSIA, Pa., April 24, 2024 /PRNewswire/ -- Universal Health Services, Inc. (NYSE: UHS) announced today that its reported net income attributable to UHS was $261.8 million, or $3.82 per diluted share, during the first quarter of 2024, as compared to $163.1 million, or $2.28 per diluted share, during the first quarter of 2023. Net revenues increased... Read more
Increases full-year guidance BIRMINGHAM, Ala., April 24, 2024 /PRNewswire/ -- Encompass Health Corporation (NYSE: EHC), the largest owner and operator of inpatient rehabilitation hospitals in the United States, today reported its results of operations for the first quarter ended March 31, 2024.
Summary results
Growth Q1 2024 Q1 2023 Dollars Percent... Read more
LOS ANGELES, April 24, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), the healthcare industry leader in providing comprehensive healthcare programs to dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), celebrates the grand opening of its newest center in California.
As part of this launch, InnovAge California PACE will host a lively celebration today, welcoming local officials, community organizations,... Read more
New award expands Syra's presence to 19 states across the U.S. CARMEL, Ind., April 24, 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 that it has been selected by the City of Portland in Maine for developing a health equity accelerator plan to address social determinants of health within... Read more
Exceeds Earnings Expectations, Revenue In Line Reiterates 2024 Cash Flow Forecast & Expectation for YoY Revenue Growth Revenue of $423.4 million, in line with expectations.
Net income and diluted EPS of $15.3 million and $0.21; adjusted net income(1) and adjusted diluted EPS(1) of $16.5 million and $0.22.
Adjusted EBITDA(1) of $28.9 million, a 10.7% increase over Q1 2023. BENSALEM, PA / Apr 24, 2024 / Business Wire / Healthcare Services Group, Inc. (NASDAQ:HCSG)... Read more
KING OF PRUSSIA, Pa., April 23, 2024 /PRNewswire/ -- Universal Health Services, Inc. (NYSE: UHS) announced today that Steve Filton, Executive Vice President and Chief Financial Officer will present at the following conferences:
Tuesday, May 14, 2024, at 8:00am (ET) at the 2024 RBC Capital Markets Global Healthcare Conference in New York, New York
Wednesday, May 29, 2024, at 2:20pm (CT)/3:20pm (ET) at the 2024 Leerink Partners Healthcare Crossroads Conference in Austin,... Read more
An automated outbreak detection tool reduced the size of outbreaks by 64% in the trial period preceding the COVID-19 pandemic in a study of 82 hospitals BOSTON & NASHVILLE, Tenn. & ORANGE, Calif. & ATLANTA / Apr 23, 2024 / Business Wire / An automated tool that improves outbreak detection for hundreds of pathogens successfully served as an early warning system to find and respond to potential hospital outbreaks, as reported today in NEJM Evidence.
A Trial... Read more
BANNOCKBURN, Ill., April 23, 2024 (GLOBE NEWSWIRE) -- Option Care Health, Inc. (the “Company” or “Option Care Health”) (Nasdaq: OPCH), the nation’s largest independent provider of home and alternate site infusion services, announced today financial results for the first quarter ended March 31, 2024.
First Quarter 2024 Financial Results and Highlights Net revenue of $1,146.1 million, up 12.8% compared to $1,015.8 million in the first quarter of 2023
Gross... Read more
HOUSTON, April 22, 2024 /PRNewswire/ -- Nutex Health Inc. ("Nutex Health" or the "Company") (NASDAQ: NUTX), a physician-led, technology-enabled integrated healthcare delivery system comprised of 21 state-of-the-art micro hospitals in 9 states and primary care-centric, risk-bearing physician networks, today announced the appointment of Scott J. Saunders, and Kelvin Spears, MD, to its Board of Directors. They replace John Waters, who recently passed away, and Dr.... Read more
WELL is adding 10 primary care medical clinics operating under the name "The Health Clinic by ShoppersTM" to its national primary care network.
The 10 clinics are located in Ontario and BC and include over 35 physicians. WELL expects the clinics to contribute approximately $8M in annual revenue. VANCOUVER, BC and TORONTO, April 16, 2024 /CNW/ - WELL Health Clinic Network Inc. ("WELL"), a subsidiary of WELL Health Technologies Corp. (TSX: WELL), a digital healthcare... Read more
New independent report validates potential employer savings in three areas: medical savings, time savings and absenteeism savings NEW YORK / Apr 16, 2024 / Business Wire / Today, Talkspace, a leading online behavioral health company, announced that its proprietary ROI Calculator has been verified by Validation Institute, an independent and objective third-party organization providing data-driven insights on health care solutions providers.
The Talkspace ROI Calculator... Read more
FARMINGTON, Utah / Apr 15, 2024 / Business Wire / PACS Group, Inc. (“PACS” or the “Company”) today announced the closing of its initial public offering of 21,428,572 shares of its common stock sold by the Company at a public offering price of $21.00 per share, for total gross proceeds of approximately $450 million, before deducting underwriting discounts and commissions and offering expenses. In addition, the underwriters have exercised their 30-day option to purchase... Read more
OLDSMAR, Fla. / Apr 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 first quarter ended February 29, 2024.
Financial Results
Revenue
The revenues for the first quarter of fiscal 2024 were $7.85 million compared to $7.82 million for the first quarter of fiscal 2023. The revenues for the first quarter... Read more
BELLEVUE, Wash. / Apr 15, 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 second fiscal quarter ended February 29, 2024.
Robert Mattacchione, Novo’s CEO and Board Chairman, stated,... Read more
Both the Mast Hill $3,500,000 Note and the FirstFire $277,777 Note were Paid in Full with Cash Proceeds from the Streeterville Note BELLEVUE, Wash. / Apr 11, 2024 / Business Wire / Novo Integrated Sciences, Inc. (NASDAQ: NVOS) (the “Company” or “Novo”) announced today the Company has entered into a securities purchase agreement, dated April 5, 2024, with Streeterville Capital, LLC (“Streeterville”) pursuant to which the Company issued a secured convertible... Read more
LOUISVILLE, Ky., April 10, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services (“BrightSpring” or “BrightSpring Health Services”) (NASDAQ: BTSG) announced today that its company Onco360®, a leading independent oncology pharmacy, was selected as a national pharmacy partner by Alexion Pharmaceuticals for a first-in-class, oral, Factor D inhibitor, Voydeya® (Danicopan) to treat patients with a rare, life-threatening disease of the blood called paroxysmal nocturnal... Read more
NEW YORK / Apr 10, 2024 / Business Wire / DocGo Inc. (Nasdaq: DCGO) (“DocGo” or the “Company”), a leading provider of technology-enabled mobile health services, announced today the extension of its current migrant services contract with the New York City Department of Housing Preservation and Development (HPD). This extension is part of a planned transition that DocGo worked on in collaboration with NYC, demonstrating a continued partnership to ensure consistent and... Read more
TORONTO / Apr 10, 2024 / Business Wire / NeuPath Health Inc. (TSXV:NPTH), (“NeuPath” or the “Company”), owner and operator of a network of clinics delivering category-leading chronic pain treatment, today announced that Joseph Walewicz, CEO, will be presenting at the 2024 Bloom Burton & Co. Healthcare Investor Conference to be held April 16 to 17, 2024 at the Metro Toronto Convention Centre.
NeuPath Presentation Date: Wednesday, April 17, 2024 Time: 11:00 a.m.... Read more
DENVER, April 10, 2024 /PRNewswire/ -- DaVita Inc. today announced that its Board of Directors has appointed a new independent director, Dennis Pullin, to join the Board, effective April 10, 2024. "We're pleased to welcome Dennis to DaVita's board," said Pamela Arway, independent chair of the DaVita Inc. Board of Directors. "Given his depth of experience within the healthcare system, we're excited about the perspective Dennis will bring to the Board... Read more
CERRITOS, Calif., April 08, 2024 (GLOBE NEWSWIRE) -- The Oncology Institute, Inc. and its affiliates (NASDAQ: TOI) is pleased to announce the appointment of Jordan McInerney as the new Chief Development Officer (CDO), effective April 1, 2024. In this role, Mr. McInerney will spearhead growth initiatives for The Oncology Institute across diverse markets, including cultivating new partnerships with payors, driving M&A processes for acquisition targets, and establishing... Read more
MONTRÉAL, April 08, 2024 (GLOBE NEWSWIRE) -- Premier Health of America Inc. (TSXV: PHA) (the “Corporation” or “Premier Health”), a leading Canadian Health tech company, announces the appointment of Bruno Morel as the Corporation’s new Chief Technology Officer, effective immediately.
“We are very excited to have Bruno join Premier Health. His hiring follows our recent Canadian expansion and is one of the key catalysts of our technology roadmap. He will be an... Read more
Toronto, Ontario--(Newsfile Corp. - April 4, 2024) - CareRx Corporation (TSX: CRRX) ("CareRx" or the "Company"), Canada's leading provider of pharmacy services to seniors living and other congregate care communities, today announced that Puneet Khanna, President and Chief Executive Officer, will present at the 2024 Bloom Burton & Co. Healthcare Investor Conference, taking place on April 16-17, 2024 at the Metro Toronto Convention Centre, North Building, 255 Front Street... Read more
CERRITOS, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- The Oncology Institute, Inc. and its affiliates (NASDAQ: TOI) and Healthly, a rapidly growing healthcare company with over 180 primary care physicians, support services, and a focus on preventive medicine, have announced a strategic collaboration aimed at extending high-quality cancer care services to patients throughout Southern California. Commencing July 1, 2024, TOI will offer its cancer care services to patients... Read more
MACON, Ga., April 04, 2024 (GLOBE NEWSWIRE) -- Central Georgia Cancer Care is excited to announce their partnership with the American Oncology Network (AON) (Nasdaq: AONC), one of the nation’s fastest-growing networks of community-based oncology practices, to further strengthen their patient care and services by utilizing the network’s vast resources and expertise.
Central Georgia Cancer Care is a nationally recognized independent oncology practice known for... Read more
FRANKLIN, Tenn. / Apr 04, 2024 / Business Wire / Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced the appointment of Dr. Stephanie Eken as the Company’s new chief medical officer. Dr. Eken is a psychiatrist with more than two decades of experience across the spectrum of behavioral health.
“Acadia is thrilled to welcome Dr. Eken as our new chief medical officer,” said Chris Hunter, Chief Executive Officer of Acadia Healthcare. “Her experience and expertise... Read more
BIRMINGHAM, Ala., April 3, 2024 /PRNewswire/ -- Encompass Health Corp. (NYSE: EHC) today announced preliminary plans to build a freestanding, 50-bed inpatient rehabilitation hospital in San Antonio.
The hospital, located in Westover Hills, will serve patients recovering from debilitating illnesses and injuries, including strokes and other neurological disorders, brain injuries, spinal cord injuries, amputations and complex orthopedic conditions. In addition to 24-hour... Read more
NASHVILLE, Tenn. / Apr 03, 2024 / Business Wire / HCA Healthcare, Inc. (NYSE:HCA), is scheduled to present at the following healthcare conferences: May 14, 2024 at 10:00 am PDT at the Bank of America Securities Conference at the Encore in Las Vegas, NV.
May 28, 2024 at 3:15 pm CDT at the 2024 Leerink Partners Healthcare Crossroads Conference at the Omni Barton Creek in Austin, TX.
May 30, 2024 at 11:00 am EDT at Bernstein’s 40th Annual Strategic Decisions Conference... Read more
ANAHEIM, CA, April 03, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- BioCorRx Inc. (OTCQB: BICX) (the “Company”), a developer of innovative treatment programs for substance use and related disorders, today announced that its subsidiary BioCorRx Pharmaceuticals Inc., a clinical-stage biopharmaceutical company, has been granted a new patent by the United States Patent and Trademark Office (USPTO).
The USPTO has issued U.S. Patent No. 11,793,801 entitled, “Treatment... Read more
HENDERSON, Nev. / Apr 03, 2024 / Business Wire / P3 Health Partners Inc. (“P3”) (NASDAQ: PIII), a patient-centered and physician-led population health management company, today announced that management is scheduled to present at the 23rd Annual Needham Virtual Healthcare Conference on Thursday, April 11, 2024, at 1:30 pm Eastern Time.
A webcast of the presentation will be available on P3’s Investor Relations Website: https://ir.p3hp.org/. A replay will be available... Read more
HONOLULU, April 03, 2024 (GLOBE NEWSWIRE) -- American Oncology Network (AON) (Nasdaq: AONC), one of the nation’s fastest-growing community oncology networks, is pleased to announce its expansion into Hawaii and welcomes Hawaii Cancer Care to the network.
“Our goal at AON is to partner with independent community oncology practices to further close the cancer care gap,” said Todd Schonherz, AON’s chief executive officer. “It is practices like Hawaii Cancer Care... Read more
CARMEL, Ind., April 3, 2024 /PRNewswire/ -- Syra Health Corp. (NASDAQ: SYRA) ("Syra Health" or the "Company"), a healthcare consulting company with a mission to improve healthcare by providing innovative services and technology solutions, announced today that Pearl Institutional Review Board (IRB) has approved the Company's research study protocol for "Syrenity," Syra Health's prevention-focused mental and behavioral health platform.
Syrenity is evidence-based and... Read more
ATLANTA, April 03, 2024 (GLOBE NEWSWIRE) -- Aveanna Healthcare Holdings Inc. (NASDAQ: AVAH), a leading, diversified home care platform focused on providing care to medically complex, high-cost patient populations, today announced the appointment of Jerry Perchik to serve as Chief Legal Officer and Secretary, effective April 29, 2024.
“I am pleased to announce the appointment of Jerry to the Chief Legal Officer and Secretary role. Jerry has a strong background in corporate... Read more
HOUSTON / Apr 01, 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, announced the acquisition of a physical therapy and hand therapy practice with nine clinic locations.
USPH acquired a 50% equity interest in the practice for a purchase price of $16.4 million, with the current practice owners retaining a 50% interest.... Read more
TOTAL REVENUE OF $247.6 MILLION FOR THE YEAR ENDED 2023 VS $219.3 MILLION IN 2022, AN INCREASE OF 13%
HOSPITAL DIVISION OPERATING INCOME OF $36.3 MILLION FOR YEAR ENDED 2023 VS $15.0 MILLION IN 2022, AN INCREASE OF 142%
NET CASH FROM OPERATING ACTIVITIES OF $1.3 MILLION FOR THE YEAR ENDED 2023
CONTINUED FOCUS ON INCREASED CASH FLOW THROUGH REDUCTION IN OPERATING EXPENSES AND PORTFOLIO OPTIMIZATION HOUSTON, March 28, 2024 /PRNewswire/ -- Nutex Health Inc. ("Nutex... Read more
FRANKLIN, Tenn. / Mar 28, 2024 / Business Wire / Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced that it has recently completed the acquisitions of three comprehensive treatment centers (“CTC”) in North Carolina.
Two of the locations, rebranded as Raleigh Comprehensive Treatment Center and Greenville Comprehensive Treatment Center, are located in Raleigh, North Carolina, and Greenville, North Carolina, respectively. The third acquired location, rebranded... Read more
Syra has expanded its services to 18 states CARMEL, Ind., March 28, 2024 /PRNewswire/ -- Syra Health Corp. (NASDAQ: SYRA), a healthcare technology company with a mission to improve healthcare by providing innovative services and technology solutions, announced today it has secured a healthcare workforce contract in Missouri for providing temporary medical services personnel. Revenue from the contract will be determined based on the number of positions filled... Read more
Total revenue growth of 21% year-over-year, beating our 2023 guidance
Affirming 2024 guidance
Anticipates reaching Adjusted EBITDA positive in 2024
Management to Host Conference Call and Webcast March 28, 2024 at 4:30 PM ET HENDERSON, Nev. / Mar 28, 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 results for the fourth... Read more
Fiscal Year 2023 Revenue was $1,279.2 million, an 11.3% increase over 2022 Patient encounter growth of 7.9% as compared to the prior fiscal year Fourth Quarter 2023 Revenue was $324.2 million, a 7.9% increase over 2022 Patient encounter growth of 9.5% as compared to the prior year quarter FORT MYERS, Fla., March 28, 2024 (GLOBE NEWSWIRE) -- March 28, 2024 – American Oncology Network, Inc. (NASDAQ: AONC), a leading oncology platform with an innovative... Read more
DALLAS / Mar 27, 2024 / Business Wire / Sonida Senior Living, Inc. (the “Company,” “we,” “our,” or “us”) (NYSE: SNDA) announced results for the fourth quarter and for the full year ended December 31, 2023.
“2023 was a transformational year for Sonida. We achieved significant performance milestones while accomplishing key strategic objectives and delivering industry-leading care and services to our residents. These achievements included balance sheet optimization... Read more
BIRMINGHAM, Ala., March 27, 2024 /PRNewswire/ -- Encompass Health Corp. (NYSE: EHC), the country's largest owner and operator of inpatient rehabilitation hospitals, has named Andrew Baird as senior vice president of public policy, legislation and regulations.
Baird brings nearly 20 years of experience to his role as SVP of public policy, legislation and regulations, which includes his tenure as director of governmental affairs for the Company. Most recently, Baird... Read more
CERRITOS, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- The Oncology Institute, Inc. (NASDAQ: TOI) (“TOI” or the “Company”), one of the largest value-based community oncology groups in the United States, today reported financial results for its fourth quarter and year ended December 31, 2023.
Recent Operational Highlights Remediated material weakness in Internal Controls over review of Complex Accounting Transactions.
Signed full-risk capitated contract in... Read more
WOODLANDS, Texas, March 26, 2024 (GLOBE NEWSWIRE) -- American Oncology Network (AON) (Nasdaq: AONC), one of the nation’s fastest-growing networks of independent oncology practices, is pleased to announce the opening of Woodlands Cancer Institute and welcomes its physicians to the network.
Woodlands Cancer Institute is AON’s second practice in Texas and first in Montgomery County. The practice specializes in delivering medical oncology, radiation oncology and... Read more
Conference call will be held today, Monday, March 25 at 9:00am ET CARMEL, Ind., March 25, 2024 /PRNewswire/ -- Syra Health Corp. (NASDAQ: SYRA), ("Syra Health" or the "Company"), a healthcare consulting company with a mission to improve healthcare by providing innovative services and technology solutions, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023.
2023 Financial Highlights 2023 revenue of $5.5 million compared... Read more
Auna’s mission is to transform healthcare in Latin America, providing access to a highly integrated offering of quality healthcare services in Spanish-speaking Americas. Auna has built one of Latin America´s largest modern healthcare platforms, with presence in Mexico, Colombia and Peru. 2023 revenues of US$1.05 billion and Adjusted EBITDA of US$223 million, up 58% and 90%, respectively, with Adjusted EBITDA margin expanding to 21.3% from 17.7% in 2022. This... Read more
WELL achieved record annual revenue of $776.1 million for 2023, an increase of 36% compared to the prior year. WELL achieved record quarterly revenues of $231.2 million in Q4-2023, an increase of 48% as compared to Q4-2022.
For the full year, WELL achieved record annual Adjusted EBITDA(1) of $113.4 million, an increase of 8% as compared to 2022. WELL achieved record Adjusted EBITDA(1) of $30.8 million in Q4-2023, an increase of 13% as compared to Q4-2022.
WELL's strong... Read more
LOUISVILLE, Ky., March 20, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services (“BrightSpring” or the “Company”) (NASDAQ: BTSG), a leading provider of comprehensive home and community-based health services, is pleased to welcome Olivia Kirtley to its board of directors. With an extensive background and leadership in finance, accounting and risk management, Olivia joined the board in January with the Company’s initial public offering.
Olivia brings decades of... Read more
NEW YORK / Mar 19, 2024 / Business Wire / Today, Talkspace, a leading online behavioral health company, announced the launch of Health Collective, a new wellness ecosystem featuring Oura, Evernow, Bicycle Health, Conceive, Options MD, and more. The platform will provide members with vetted and curated resources, and member benefits across the entire health spectrum, with the goal of expanding accessibility to high-quality and holistic care. These free-to-access resources... Read more
