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.

    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.

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

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


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


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