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The Latest Healthcare Services Articles from Streetwise Reports


Medical Co. Strikes $3B Deal to Buy Digital Care Firm

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Shares of Vocera Communications Inc. traded nearly 27% higher after the company reported it entered into a definitive agreement to be acquired by Stryker Corp. for $79.25 per share in cash.
Tags:  TechnologyHealthcare Services

CRO's Shares Rise 18% on Preliminary Q4/FY Financial Results

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Shares of contract research organization Inotiv Inc. traded higher after the company reported select preliminary unaudited financial results for Q4/21 and FY/21 which included a 90.7% YoY increase in revenue and a 123.0% increase in gross profit.
Tags:  Healthcare ServicesBiotechnology / Pharmaceuticals

Partnership With Chewy.com Sends Pet Health Insurer's Shares to the Top of the Pack

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Shares of pet healthcare insurer Trupanion Inc. reached a new 52-week high after the company reported it is teaming up with Chewy Inc. to offer an exclusive line of pet wellness and health insurance products to Chewy's 20,000,000 customers.
Tags:  Special SituationsHealthcare Services

Surgery Center Operator Posts 23% Increase YTD Revenue and Raises FY21 Adjusted EBITDA Estimates

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Surgery Partners shares traded 18% higher after the company reported Q3/21 financial results that included a 12.7% increase in YoY revenue and a 6.2% increase in the number of same-facility procedures performed.
Tags:  Healthcare Services

Medpace Shares Rise 13% on Higher Q3 Earnings & Forward Outlook

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Shares of Medpace Holdings Inc. climbed to a new 52-week high after the CRO, a provider of full-service clinical trial development services, reported financial results for Q3/21 that included a 28.3% increase in YoY revenue.
Tags:  Healthcare ServicesBiotechnology / Pharmaceuticals

DarioHealth Contracts With National Health Plan to Offer Behavioral Health Services to Millions of Members

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DarioHealth Corp. shares traded 17% higher after the company reported it entered into an agreement with an unnamed national healthcare provider to make its behavioral health products available to millions of the plan's members.
Tags:  Healthcare ServicesTechnology

Reliq's Telemedicine Platform Helps Free Up Hospital Space for COVID-19 Delta Patients

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Simultaneously, demand is growing for Reliq Health's iUGO Care software as virtual healthcare delivery increases during the COVID-19 pandemic. read more >

SmileDirectClub Granted Patent for Mobile Oral Care Bus to Serve Remote Regions in the US & UK

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SmileDirectClub Inc. shares traded 15% higher after the company reported that the U.S. Patent & Trademark Office has allowed its new patent for the firm's mobile SmileBus concept whereby its SmileShop on wheels is mobilized to expand access to convenient, affordable oral care in remote areas across the U.S. and the U.K. read more >

Inotiv Makes $545 Million Bid for Envigo RMS Holdings to Fortify Research and Drug Discovery Platforms

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Shares of Inotiv Inc. traded 27% higher to a new 52-week high after the company reported it entered into agreement to acquire Envigo RMS Holding Corp. in a cash and stock deal valued at $545 million which will serve to create a one-stop-shop, discovery-to-approval solution for drug developers. read more >

Reliq Health Technologies Rides Telehealth Reimbursement Wave

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Global telemedicine company will turn a profit in the current quarter and experience rapid growth after new contracts to provide chronic care management and medicare and medicaid reimbursements expand. read more >

Inovalon Receives $7.3 Billion Buyout Offer From Nordic Capital Led Equity Consortium

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Inovalon Holdings Inc. shares traded 8% higher after the cloud healthcare technology platform firm reported it entered into an agreement to be acquired by an equity consortium led by Nordic Capital and Insight Partners for $41.00 per share in cash. read more >

Clover Health Shares Grow 12% after Posting Q2 Earnings and 229% Platform User Growth

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Shares of Clover Health Investments Corp. traded higher after the company reported Q2/21 financial results that included a 140% increase in YoY revenue. read more >
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