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Accolade, Inc. - ACCD STOCK NEWS

Welcome to our dedicated page for Accolade news (Ticker: ACCD), a resource for investors and traders seeking the latest updates and insights on Accolade stock.

Accolade, Inc. (Nasdaq: ACCD) is a pioneering Personalized Healthcare company devoted to providing exceptional healthcare experiences to millions of people and their families, enabling them to live their healthiest lives. Accolade's range of solutions targets employers, health plans, and consumers by integrating virtual primary care, mental health services, expert medical opinions, and top-tier care navigation. Their innovative platform leverages cloud-based intelligent technology, coupled with expert clinical teams, including registered nurses, physician medical directors, pharmacists, and primary care physicians, to deliver comprehensive advocacy and healthcare services.

The company has been recognized for its significant contributions to the healthcare industry, such as being named one of Forbes' 25 most promising companies and achieving a spot on Inc. 500's list of America's fastest-growing private companies. Accolade's mission is to guide individuals through the complexities of the healthcare system, thereby enhancing outcomes and reducing costs for employers and health plans.

Accolade has recently gained considerable attention for its impressive 227% revenue growth, attributed to a relentless focus on delivering exceptional outcomes. This achievement earned Accolade a place in the Deloitte Technology Fast 500™ list for 2023. CEO Rajeev Singh credits the company's innovative approach and dedicated team for this remarkable performance.

Accolade's Trusted Partner Ecosystem, launched in 2019, exemplifies its commitment to comprehensive healthcare solutions. This ecosystem includes partnerships with leading companies like Kindbody and Noom, expanding access to specialized services such as fertility and metabolic health.

Accolade's financial health remains robust, with recent quarterly results showcasing a significant reduction in net loss and positive adjusted EBITDA, indicating a promising trajectory toward sustainable growth and profitability.

With a consumer satisfaction rating consistently over 90%, Accolade is steadily advancing its vision of transforming healthcare through predictive engagement, proactive care, and by addressing barriers to access and continuity of care. The company's forward-thinking approach ensures it remains at the forefront of healthcare innovation, making a significant impact on the industry and the lives of the people it serves.

For more information, visit accolade.com.

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Accolade, Inc. (NASDAQ: ACCD) will participate in the Credit Suisse 30th Annual Healthcare Conference with a fireside chat on November 11, 2021, at 12:10 p.m. E.T. The session will be accessible through a webcast on their investor relations website, ir.accolade.com. Accolade is a healthcare provider that offers personalized care solutions to over 400 employers and millions of members, focusing on a value-based approach to improve healthcare outcomes and maintain high consumer satisfaction ratings above 90%.

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Accolade (Nasdaq: ACCD) announced a partnership with WellRight, a leader in corporate wellness programs, to enhance its partner ecosystem. This collaboration aims to address employee health benefits, retention, and engagement, aligning with the current demands of employers. WellRight's platform incorporates data from various sources to create personalized wellness plans. The partnership aims to deliver improved health outcomes through a comprehensive approach to employee well-being, emphasizing the importance of personalized healthcare solutions.

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Accolade, Inc. (NASDAQ: ACCD) reported a significant revenue increase of 99% for the fiscal second quarter ended August 31, 2021, reaching $73.3 million compared to $36.8 million in the same period last year. Despite this growth, the company faced a net loss of $62.4 million, a 306% increase from the previous year. Accolade launched its new Personalized Healthcare category and introduced two solutions, Accolade One and Accolade Care, aimed at enhancing value-based care. The acquisition of HealthReveal will further bolster its technology for personalized chronic care.

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Accolade, Inc. (Nasdaq: ACCD) launched a new healthcare category called Personalized Healthcare on Sept. 21, 2021, during its Evolve21 event. This initiative aims to enhance value-based care through three core pillars: Personal, Data driven, and Value based. New solutions include Accolade One and Accolade Care, focusing on integrated healthcare delivery. CEO Rajeev Singh emphasized the importance of human relationships in healthcare, addressing employee demands for better healthcare experiences. A SHRM survey highlighted that healthcare influences job change decisions for over half of U.S. employees.

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Accolade, Inc. (Nasdaq: ACCD) will announce key updates during its annual customer event, Evolve21, on September 21, 2021. The event will be held virtually from September 21-23, 2021, and will feature an executive keynote session from 8:00am-10:00am PT, followed by a Q&A session from 10:15am-11:00am PT. Key speakers include CEO Rajeev Singh, SVP Umair Khan, and Chief Innovation Officer Mike Hilton. All sessions can be accessed through their official webcasts.

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Accolade, Inc. (NASDAQ: ACCD) will announce its fiscal Q2 2022 financial results on October 7, 2021, post-market close. A conference call will follow at 4:30 p.m. E.T. for result discussions. Investors can join via phone or a live audio webcast available at their investor relations site. Accolade specializes in personalized health and benefits solutions aimed at improving health outcomes and reducing care costs for millions. The company maintains high consumer satisfaction ratings, exceeding 90%. For further details, investors may contact their investor relations team.

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Accolade, Inc. (NASDAQ: ACCD) will participate in two upcoming investor conferences: the Morgan Stanley Virtual Global Healthcare Conference on September 9, 2021, at 8:45 a.m. E.T. and Baird’s 2021 Global Healthcare Conference on September 15, 2021, at 9:05 a.m. E.T. The company focuses on personalized health and benefits solutions, aiding individuals in managing healthcare complexities. Accolade boasts over 90% consumer satisfaction and aims to enhance health outcomes while reducing care costs. More details can be found at accolade.com.

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Accolade, Inc. (NASDAQ: ACCD) will attend the 41st Annual Canaccord Genuity Growth Conference, featuring a presentation on August 12, 2021, at 11:00 a.m. E.T. An audio webcast and related materials will be accessible on their investor relations website. Accolade specializes in personalized health and benefits solutions, aiding individuals and employers in navigating healthcare complexities with a focus on lowering costs and improving outcomes. The company enjoys consumer satisfaction ratings exceeding 90%. For more information, visit their website or social media channels.

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FAQ

What is the current stock price of Accolade (ACCD)?

The current stock price of Accolade (ACCD) is $3.48 as of December 20, 2024.

What is the market cap of Accolade (ACCD)?

The market cap of Accolade (ACCD) is approximately 271.4M.

What does Accolade, Inc. do?

Accolade, Inc. provides personalized healthcare solutions that integrate virtual primary care, mental health services, expert medical opinions, and care navigation to enhance healthcare experiences and outcomes.

How has Accolade performed financially recently?

Accolade has shown significant financial improvement, including a 227% revenue growth and a substantial reduction in net loss, indicating a strong trajectory toward sustainable growth and profitability.

What is the Trusted Partner Ecosystem?

Launched in 2019, Accolade's Trusted Partner Ecosystem consists of partnerships with leading companies to offer comprehensive healthcare solutions across various categories, including fertility, metabolic health, and behavioral health.

Who are Accolade's key partners?

Accolade partners with companies like Kindbody for fertility services and Noom for weight loss and metabolic health, enhancing their comprehensive healthcare offerings.

What recognition has Accolade received?

Accolade has been recognized by Forbes as one of the nation's 25 most promising companies, by Inc. 500 as the fastest-growing private healthcare company, and by Deloitte Technology Fast 500 for its impressive growth.

What is Accolade's mission?

Accolade's mission is to improve healthcare experiences and outcomes by guiding individuals through the complexities of the healthcare system, leveraging intelligent technology and expert clinical teams.

How does Accolade contribute to healthcare cost reduction?

Accolade reduces healthcare costs by providing enhanced care navigation and advocacy services that improve health outcomes and optimize healthcare utilization.

How does Accolade engage with its members?

Accolade engages with its members through a combination of virtual primary care, personalized health and benefits support, and proactive engagement from their care teams.

What is Accolade's customer satisfaction rating?

Accolade consistently achieves customer satisfaction ratings of over 90%, reflecting their commitment to providing exceptional healthcare experiences.

Where can I find more information about Accolade?

For more information, you can visit Accolade's website at accolade.com.

Accolade, Inc.

Nasdaq:ACCD

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ACCD Stock Data

271.41M
77.99M
3.16%
83.54%
4.52%
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