RAP 2.13% 4.8¢ resapp health limited

Telehealth on the rise, page-25

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    Good morning all!

    Quick update:

    Well it's official;

    • Texas Gov. Greg Abbott (R) signed Senate Bill 1107 into law over the weekend, paving the way for expansion of telehealth services in the Lone Star State, Politico reported.
    http://www.healthcaredive.com/news/texas-governor-signs-law-expanding-telehealth-services/443826/

    In other news:

    • Teladoc's Q1 2017 earnings, released Monday, show a 60% increase from last year in total revenue to $42.9 million and a net loss of $15.65 million or $0.30 per share, which was better than analysts expected.
    • The telemedicine company also reported increases in revenue from subscription access fees (66%) and visit fees (39%) as well as bumps in total membership (34%) and total visits (60%).
    • The company said it is maintaining its predictions for the rest of the year, which include revenue of between $180 million and $185 million and total membership of up to 23 million.
    http://www.healthcaredive.com/news/teladoc-beats-expectation-with-q1-earnings-increase-of-60/442268/

    Teladoc is not the only telehealth company experiencing large growth rates....

    Annnnnnd ---Resapp's Data will be PRICELESS!! this is a good read:

    http://www.newsweek.com/2017/06/02/ai-cure-america-sick-health-care-system-614583.html

    Resapp right time, right place---BANG!!!

    Cheers

    Red bar
 
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