Demand for telehealth is on the rise. In fact, according to a CVS Health 2022 Health Care Insights Study, as noted by MHealthIntelligence.com, “A little over half (53 percent) of providers said that the addition of virtual care options led to an increase in patient visits, according to a new report. Compared to in-person appointments, healthcare consumers find virtual visits more convenient because they don’t have to leave home (41 percent), they don’t have to cover transportation costs (37 percent), and they save time (37 percent). Providers, too, recognize the convenience virtual visits afford to consumers. About 54 percent of providers have added virtual office visit capabilities, 43 percent have added mobile capabilities like an application, and 42 percent have added an online portal.” All could help drive significant growth for companies such as Datametrex AI Limited (TSXV: DM) (OTCQB: DTMXF), Teladoc Health Inc. (NYSE: TDOC), WELL Health Technologies Corp. (TSX: WELL) (OTC: WHTCF), Doximity Inc. (NYSE: DOCS), and Uphealth Inc. (NYSE: UPH).
Look at Datametrex AI Limited (TSXV: DM) (OTCQB: DTMXF), For Example
Datametrex AI Limited announced that further to the news release on June 28, 2022, the Company’s telehealth business, Medi-Call Inc., now has its app available for Android and iOS device users within the Greater Vancouver Area (GVA).
Residents of Vancouver, BC can now download the first release of the app for IOS devices through the Google Play Store here: https://apps.apple.com/us/app/medicall/id1597129159
Medi-Call services including but not limited to:
One 360-degree quarterly in-home wellness visit (checkup)
Unlimited access to our telehealth platform
Free prescription refills
Access to our expert nursing team
Safe and secure electronic medical record (EMR) keeping system that follows you geographically
No more long wait times
“We are thrilled to have the Medi-Call App now available for all Android and iOS users. Considering the current issues facing the Canadian health care system, MediCall is now in a great position to help those in need of fast, efficient, and affordable health care,”, said Marshall Gunter, CEO of the Company.
“We look forward to simplifying healthcare for patients with immediate access with proper attention from the medical professional. Our priority is prompt diagnosis with our team of trained medical professional”, said Omar Sharif, Chief Medical Officer of the Company.
Other related developments from around the markets include:
Teladoc Health Inc., the global leader in whole-person virtual care, released new findings showing that managing multiple chronic conditions with a single, integrated approach leads to better control of A1c, systolic blood pressure and weight better than any diabetes, hypertension or weight control program alone. These clinically significant health outcomes were accompanied by better consumer engagement as Livongo by Teladoc Health members reported higher satisfaction and net promoter scores (NPS). These results position Teladoc Health to move further into value-based care with “full fees at risk” outcomes-based performance guarantees. According to the CDC, more than 40% of adults in the U.S. have two or more chronic conditions, making Teladoc Health’s findings relevant for millions of Americans.
WELL Health Technologies Corp., a practitioner focused digital health company announced it has formed a new legal entity called WELL Health Canada Clinics Inc. to house its Canadian omni-channel clinical businesses. These businesses include the Company’s previous Primary Care, Allied Care and MyHealth Specialized Care business units. The Canadian Clinics Business Unit represents WELL’s owned and operated fleet of Omni-Channel outpatient clinics leveraging WELL’s highly integrated ‘hybrid’ brick and mortar and virtual service capabilities and includes the Company’s primary care, specialized care, allied health, and diagnostics services but does not include the Company’s TiaHealth.com service which is part of WELL’s Virtual Services division. This business unit supports almost 1,300 healthcare practitioners who provide 1.87 million patient visits annually on a run-rate basis; over 40% of these patients are seen remotely via one of WELL’s virtual or telehealth platforms, with the remainder treated in one of WELL’s Canadian clinics. This business is also expected to generate revenues exceeding $160 million with double digit operating Adjusted EBITDA margins.
Doximity Inc., the leading digital platform for U.S. medical professionals, announced it will report financial results for its first quarter ended June 30, 2022 after market close on August 4, 2022. Doximity will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) to discuss the financial results.
Uphealth Inc. and Parsley Health announced a partnership to provide remote language interpretation services to Parsley patients via Martti™ by UpHealth. Martti™ is an interpretation service that includes language access and is also interoperable with electronic health records (EHR) and other telehealth platforms to put patients and care teams in touch 24/7 with certified and qualified medical interpreters trained in more than 250 languages, including American Sign Language. The top languages interpreted at Parsley Health include Spanish, French, Korean and American Sign Language.
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