Augmedix, Inc. - AUGX STOCK NEWS

Augmedix, a prominent provider of automated medical documentation services, announced its participation in the William Blair Growth Stock Conference in Chicago on June 9, 2022. The company's management will present at 11:20 a.m. Central Time. A live and archived webcast of the event will be accessible on the Investor Relations section of Augmedix's website. The company specializes in transforming physician-patient conversations into comprehensive medical notes, enhancing efficiency in healthcare delivery.

Augmedix, Inc. (AUGX) reported a strong start to 2022, with Q1 revenue reaching $7.0 million, a 46% increase from $4.8 million in Q1 2021. The company demonstrated robust growth in Dollar-based Net Revenue Retention at 133% and a 53% YoY increase in average clinicians served. However, GAAP net loss widened to $5.9 million. Operating expenses rose 31% to $8.6 million, impacting profitability despite a cash reserve increase to $37.0 million. Augmedix completed a $15.0 million debt refinancing, improving its financial outlook.

Augmedix, Inc. (Nasdaq: AUGX) will announce its financial results for Q1 2022 on May 9, 2022, after market close. The company provides automated medical documentation services aimed at easing the administrative workload of healthcare professionals, enhancing patient care. Interested parties can join the earnings call at 1:30 p.m. PT and access the webcast on Augmedix's website. The company offers a platform utilizing automatic speech recognition and natural language processing to generate structured medical notes from physician-patient conversations.

Augmedix, a provider of automated medical documentation, announced its participation in the Lytham Partners Investors Conference, set to occur virtually from April 4 to April 7, 2022. A pre-recorded presentation will be available on April 4 at 11:00 a.m. ET on the company's website. Additionally, management will engage in a panel discussion on April 5, focusing on innovations in patient care. Augmedix’s platform leverages technology to streamline medical note generation, allowing practitioners to dedicate more time to patient care.

Augmedix has announced the appointment of William Febbo, CEO of OptimizeRx, to its Board of Directors effective March 28, 2022. Febbo's extensive experience in leading technology and healthcare companies is expected to provide valuable insights as Augmedix aims to capitalize on significant market opportunities. He has a strong background in digital health and has driven OptimizeRx's growth. The leadership change is anticipated to strengthen Augmedix's position in automated medical documentation and enhance its innovative solutions that alleviate administrative burdens for healthcare providers.

Augmedix, Inc. (Nasdaq: AUGX) reported a strong fourth quarter and full-year 2021 financial performance. Total revenue for Q4 reached $6.6 million, marking a 45% increase year-over-year. The company achieved a Dollar-Based Net Revenue Retention of 135% among Health Enterprise customers. Gross Margin improved to 44.7%, up 50 basis points from the previous year. For the full year, total revenue grew 34% to $22.2 million, with a Gross Margin expansion to 45.1%. Despite losses of $5.5 million in Q4, the company maintains a robust cash position of $41.6 million.

Laurie McGraw, a former executive at Allscripts, has been appointed to the Board of Directors of Augmedix (AUGX) effective March 9, 2022. McGraw brings extensive experience in healthcare and data solutions, having previously led Allscripts’ EHR business to significant growth. Currently, she serves as Senior Vice President at the American Medical Association. Her appointment is expected to enhance Augmedix's efforts in expanding its automated medical documentation services, ultimately improving physician workflow and patient care.

Augmedix, Inc. (Nasdaq: AUGX) announced it will release its fourth quarter and full year 2021 financial results on March 21, 2022, after market close. The corresponding conference call is scheduled for 1:30 p.m. PT / 4:30 p.m. ET. Interested parties can access the call by dialing U.S. +1-877-407-3982 or international +1 (201) 493-6780 using conference ID # 13726968. Additionally, a live and archived webcast will be available on the Company’s website.

Augmedix, Inc. (Nasdaq: AUGX) has announced its participation in the JMP Securities Technology Conference taking place in San Francisco. CEO Manny Krakaris will present on March 8, 2022, at 11:30 a.m. Pacific Time. Interested individuals can access the live and archived webcast via the company’s Investor Relations webpage.

Augmedix specializes in automated medical documentation and data services, which aid healthcare providers by converting patient-physician conversations into structured medical notes, allowing for more efficient patient care.