Welcome to our dedicated page for Healthlynked news (Ticker: HLYK), a resource for investors and traders seeking the latest updates and insights on Healthlynked stock.
HealthLynked Corp. (HLYK) provides a cloud-based healthcare connectivity platform transforming patient-provider interactions. This news hub offers investors and healthcare professionals essential updates about the company's strategic initiatives and market position.
Access real-time information on earnings announcements, technology partnerships, and platform enhancements that drive innovation in telemedicine and medical data management. Our curated collection includes press releases about clinical network expansions, regulatory milestones, and operational developments impacting healthcare delivery.
Key updates cover HLYK's progress in patient engagement solutions, EMR integration advancements, and collaborations with healthcare providers. Stay informed about initiatives improving care coordination through AI-driven scheduling tools and secure health data exchange protocols.
Bookmark this page for streamlined access to verified HealthLynked disclosures. Monitor critical developments affecting the company's role in digital healthcare infrastructure without navigating multiple sources.
HealthLynked Corp. (OTCQB: HLYK) has partnered with Lyric Health to launch Virtual Urgent Care, offering 24/7 telehealth services in all 50 states. Patients can connect with licensed physicians within 20 minutes for non-emergency medical concerns. The company plans to expand with Virtual Primary Care, allowing scheduled appointments with primary care physicians.
HealthLynked's comprehensive virtual care suite includes primary care, urgent care, mental health, dermatology, specialty referrals, and pet care. The service is accessible through the HealthLynked app, with visits priced at $70 or $50 for subscribers ($12/month or $120/year). This partnership aims to provide affordable and accessible healthcare nationwide, integrating with HealthLynked's existing medical record storage and prescription voucher program.
HealthLynked Corp. (OTCQB: HLYK) reported its Q2 and H1 2024 financial results, highlighting a strategic shift towards app-based technology services. Key points include:
- Q2 2024 revenue of $0.78 million, down 21% from Q1 2024 and 53% from Q2 2023
- H1 2024 revenue of $1.80 million, down 48% from H1 2023
- 42% reduction in Health Services Division operating expenses in Q2 2024
- 8% improvement in loss from operations in Q2 2024 compared to Q1 2024
- Expansion of telemedicine services nationwide
- Partnership with RxSpark for prescription drug discounts
The company is focusing on cost reduction and transitioning from clinical operations to app-based services, aiming to expand its membership base and enhance healthcare delivery.
HealthLynked Corp. (OTCQB: HLYK) has announced a strategic partnership with RxSpark to enhance medication access and management for patients. This collaboration integrates HealthLynked's advanced healthcare network with RxSpark's pharmacy discounts and prescription price comparison tool. Key benefits include:
- Enhanced prescription management
- Improved access to affordable medications
- Streamlined healthcare experience
- Cost savings for patients
HealthLynked users can access significant discount vouchers on prescription medications for free through the HealthLynked app or website. The partnership aims to provide a comprehensive healthcare solution, offering savings of up to 90% off medications and access to over 50,000 medications through RxSpark's program.
HealthLynked Corp. (OTCQB: HLYK) has announced a strategic partnership with HC Smart, Inc. to expand its telemedicine services nationwide. This expansion, set to launch within four weeks, will offer reduced-cost telemedicine consultations to HealthLynked Network members across the United States. The service will include primary care consultations, specialist services like counseling and psychiatry, and flexible appointment scheduling for both in-office and telemedicine visits.
Premium members will enjoy discounts on telemedicine services, with calls expected to cost $50, significantly less than traditional in-office visits. HealthLynked plans to introduce discounted packages for multiple visits. This expansion aligns with the growing telemedicine market, projected to reach $286 billion by 2030 with a CAGR of 24.3%, positioning HealthLynked for potential market share growth.
HealthLynked has promoted Bill Crupi to Chief Operating Officer (COO), effective immediately. This move underscores the company's commitment to operational excellence and its vision to enhance healthcare connectivity. Bill Crupi, who joined in 2023, brings over two decades of healthcare experience and has been pivotal in optimizing operational efficiencies and supporting growth. CEO Dr. Michael Dent praised Crupi's leadership and strategic insights. As COO, Crupi will focus on enhancing efficiencies, driving strategic initiatives, and improving user experiences. His leadership is expected to be important as HealthLynked aims to scale its network and introduce cutting-edge healthcare solutions.
HealthLynked Corp. (OTCQB: HLYK) has launched an innovative online medical record request form integrated with DocuSign. This new feature enables patients to securely and conveniently request medical records from various healthcare providers and laboratories. The records are then automatically uploaded to the patients' HealthLynked Network profile, allowing easy access and sharing with healthcare providers.
The service offers enhanced security with encrypted requests, centralized health data management, and flexible storage options. Free users can view up to five records, while paid members enjoy unlimited storage.
CEO Dr. Michael Dent and CTO Chris Hall emphasize that this feature improves patient care by making medical record requests more efficient and compliant with digital health standards.
HealthLynked (OTCQB: HLYK) announces a $1 million financing from CEO Dr. Michael Dent to advance personalized healthcare services. This investment aims to expand offerings like online doctor scheduling, telemedicine, and personal medical record storage. Dr. Dent emphasized the need for a more efficient healthcare system and the role of HealthLynked in achieving this vision. CFO Dave Rosal highlighted the financing as a testament to the company's strong business model and growth potential. The financing is expected to drive shareholder value and enhance the company's market position.
HealthLynked launched an AI-powered chat function to improve healthcare accessibility. This new feature aims to assist patients in finding healthcare providers by name, specialty, or location, providing instant answers and 24/7 service. The AI chat bot will enhance the effectiveness of the HealthLynked Concierge Team by reducing wait times. If the AI can't answer a query, it will transfer the chat to a live representative. CEO Dr. Michael Dent and CTO Chris Hall highlighted the integration as a significant step in streamlining operations and enhancing user experience. HealthLynked plans to expand its AI capabilities, aiming to deliver more efficient healthcare solutions.
HealthLynked (OTCQB: HLYK) reported a successful Q1 2024 with an 8% quarter-over-quarter revenue growth, reaching $1.00 million. Despite a 43% year-over-year revenue decline attributed to changes in clinical staffing, the company demonstrated operational efficiency and resilience. Expense reductions included a 33% cut in operating expenses in the Health Services Division and a 22% overall decrease. However, the net loss from continuing operations increased by 18% to $1.39 million. HealthLynked is shifting its revenue stream focus to app-based services and expects to fill remaining clinical positions soon. The company is strategically investing in technology and expanding its global membership base to drive future growth.
