Streetwise Healthcare Articles



MedTech Co.'s Shares Maneuver Higher on Q1 Revenue Growth
Source: Streetwise Reports  (7/1/22)
Shares of personalized, member-focused healthcare solutions company Accolade Inc. traded 29% higher after the company reported financial results for Q1/23 highlighting a 44% YoY increase in revenue and significant improvements in adjusted gross margin. More >


Dental & Animal Health Supplier Posts 10% Yearly Sales Gains
Source: Streetwise Reports  (6/29/22)
Shares of Patterson Companies Inc. traded 11% higher after the dental supply and animal health products distributor reported Q4/22 and FY/22 financial results highlighting a 9.9% increase in annual sales and an expansion in operating margins. More >


PE Firm to Take Health Tech Co. Private in $1.1B Deal
Source: Streetwise Reports  (6/22/22)
Shares of healthcare technology and services firm Convey Health Solutions Holdings Inc. traded 138% higher after the company reported it received a proposal from majority shareholder TPG Inc. to take the company private. TPG has offered to buy all outstanding shares in Convey that it does not already own for $10.50 per share in cash. More >


Healthcare Tech Firm Improves Earnings and Cash Flow in Q3/22
  (6/14/22)
These changes earned Reliq Health Technologies Inc. an upgrade in overall rating by independent investment research and advisory firm, Jefferson Research. More >


FDA Approves Co.'s New Medical Grade Air Hygiene Device
Source: Streetwise Reports  (6/7/22)
Shares of AeroClean Technologies Inc. traded 150% higher after the company reported it received 510k clearance from the U.S. FDA for its Pūrgo™ medical-grade indoor air purification technology that uses UV-C LEDs to eradicate airborne bacteria, fungi, and viruses, including COVID-19. More >


EU PE Firm Makes $1.2B Bid for US Medical Device Co.
Source: Streetwise Reports  (4/18/22)
Shares of Natus Medical Inc. traded 29% higher after the company reported it agreed to be acquired by ArchiMed Group, a France-based private equity firm, for $33.50 per share in cash. More >


Imaging Co. Launches S. Korea Chip Production
Source: Streetwise Reports  (4/5/22)
Shares of Nano-X Imaging Ltd. traded 9% higher after the company reported it opened a new semiconductor chip fabrication plant in South Korea. The 12,000 sq. meter facility was commissioned to produce the firm's Nanox.SOURCE semiconductor chips for its novel digital Nanox.ARC 3D x-ray system. More >


Telemed Tech Co. Expands Markets and Revenue in 2022
Source: Streetwise Reports  (4/4/22)
A quarter of the way into the year, this global healthcare technology company is experiencing “phenomenal growth,” with “a lot of growth ahead of us” for the rest of this year. More >


Primary Care Operator to Open 40 New Centers in 2022
Source: Streetwise Reports  (3/1/22)
Shares of a Medicare-focused and AARP endorsed primary care facility operator traded 27% higher after the company reported FY/21 financial results that included a 64% YoY increase in capitated revenue. More >


HC Staffing Firm Posts Triple-Digit Revenue Gains in Q421
Source: Streetwise Reports  (2/19/22)
Shares of a health care professional staffing and services company traded 12% higher after the company reported Q4/21 financial results that included a 116% YoY increase in revenue and a 1,149% YoY increase in net income. More >


Canadian Hedge Fund CIO Talks Top 2022 Prospects
Source: Streetwise Reports  (2/9/22)
AlphaNorth Asset Management was recently recognized with multiple performance awards at the 2021 Alternative IQ Canadian Hedge Fund Awards. The AlphaNorth Partners Fund won first place for its five-year annualized return gaining 40.35% for the period. The fund also placed second for its three-year return and third for its one-year return. Streetwise Reports sat down with CIO Steven Palmer to discuss some of the firm's recent investments and emerging opportunities for 2022. More >


Digital Medical Co.'s Earnings Are Just What the Doctor Ordered
Source: Streetwise Reports  (2/9/22)
Doximity Inc. shares traded 25% higher after the digital medical platform provider used by 80% of all physicians in the U.S. reported Q3/22 financial results that included a 67% YoY increase in revenue. More >


HealthCare Solutions Co. Gains 8 Million New Members in 2021
Source: Streetwise Reports  (1/11/22)
Accolade Inc. shares rose 27% after the company reported Q3/22 financial results that included a 117% increase in YoY revenue. The firm highlighted that in calendar year 2021, its membership increased four-fold from 2 million to 10 million. More >


Medical Co. Strikes $3B Deal to Buy Digital Care Firm
Source: Streetwise Reports  (1/6/22)
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. More >


CRO's Shares Rise 18% on Preliminary Q4/FY Financial Results
Source: Streetwise Reports  (12/8/21)
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.
More >


Partnership With Chewy.com Sends Pet Health Insurer's Shares to the Top of the Pack
Source: Streetwise Reports  (12/7/21)
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. More >


Surgery Center Operator Posts 23% Increase YTD Revenue and Raises FY21 Adjusted EBITDA Estimates
Source: Streetwise Reports  (11/3/21)
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. More >


Medpace Shares Rise 13% on Higher Q3 Earnings & Forward Outlook
Source: Streetwise Reports  (10/26/21)
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. More >


DarioHealth Contracts With National Health Plan to Offer Behavioral Health Services to Millions of Members
Source: Streetwise Reports  (10/14/21)
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. More >


Reliq's Telemedicine Platform Helps Free Up Hospital Space for COVID-19 Delta Patients
Source: Streetwise Reports  (10/6/21)
Simultaneously, demand is growing for Reliq Health's iUGO Care software as virtual healthcare delivery increases during the COVID-19 pandemic. More >


SmileDirectClub Granted Patent for Mobile Oral Care Bus to Serve Remote Regions in the US & UK
Source: Streetwise Reports  (10/5/21)
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. More >


Inotiv Makes $545 Million Bid for Envigo RMS Holdings to Fortify Research and Drug Discovery Platforms
Source: Streetwise Reports  (9/21/21)
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. More >


Reliq Health Technologies Rides Telehealth Reimbursement Wave
Source: Streetwise Reports  (9/2/21)
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. More >


Inovalon Receives $7.3 Billion Buyout Offer From Nordic Capital Led Equity Consortium
Source: Streetwise Reports  (8/19/21)
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. More >


Clover Health Shares Grow 12% after Posting Q2 Earnings and 229% Platform User Growth
Source: Streetwise Reports  (8/12/21)
Shares of Clover Health Investments Corp. traded higher after the company reported Q2/21 financial results that included a 140% increase in YoY revenue. More >


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