, a partner at Bessemer Venture Partners who's been exploring the health-tech space for more than a decade, said that it used to be a "Sisyphean task" to move telemedicine forward. The pandemic has changed the landscape.
Piper Sandler analysts estimate that the new contract could provide Livongo with 10,000 more customers this year, and said the company is positioned to pick up business from Medicare recipients, whose age makes them more likely to have high blood pressure or diabetes. Covid-19 "has been beneficial for our business, which is hard to say," Tullman said. "You never want to benefit from something so terrible, but we are where we are."in its earnings report at the end of April, after remote health visits jumped 92% from the prior year.But even with the huge increase in demand, telehealth remains a costly business because companies need to hire expensive medical experts to scale up.
I thought the markets would have corrected down by now. FOMO! (Fear of missing out) I’m guessing it won’t happen possibly until after Q2 earnings or maybe even the fall. Basing stock purchases on hope or 2022 earnings is not a strategy is just foolish.
The future is just starting now!
paulbfagan No good. Film never replaced live stage theatre Digital chat and video nor telephone ever replaced or could replace or outdo live onsite consultation or operations Only Physicians and Surgeons who already cut patients short would use cyber-'health'
Being to a doctor before as an adult with a fully functioning brain, u have to realize doctors will need ur physical presence for most treatments. Most treatments require machines and training on how to those machines.