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HEALTHLYNKED CORP - HLYK STOCK NEWS

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 (OTCQB: HLYK) is revolutionizing the healthcare industry through its innovative technology platform that integrates patients with healthcare providers. By enabling a more comprehensive and connected healthcare experience, HealthLynked offers solutions such as real-time scheduling, electronic medical records, online telemedicine, emergency contact information, and medication lists and interactions. These features aim to reduce wait times and improve the accuracy and portability of medical information.

Recent achievements include the introduction of advanced search functionalities on its website and mobile applications, making it easier for patients to find and book appointments with healthcare providers even after business hours. This enhancement underscores HealthLynked's commitment to leveraging technology to improve healthcare accessibility and connectivity.

HealthLynked’s cloud-based network empowers members to actively manage their healthcare by providing a centralized, secure location for their medical data, including medications, allergies, past surgeries, and personal health records. Healthcare providers benefit from improved patient care and key insights into their practice operations. Providers who join the HealthLynked network can also utilize marketing tools to engage with patients, ensuring better compliance and optimized scheduling.

Under the leadership of CEO Dr. Michael Dent and CTO Chris Hall, HealthLynked continues to be at the forefront of healthcare innovation, striving to meet the evolving needs of both patients and providers. The company actively encourages patients to take a more active role in their healthcare by connecting them with family members and doctors through new strategies and initiatives.

For more information, visit HealthLynked Corp and stay updated through their social media channels on Facebook, Twitter, Instagram, and LinkedIn.

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HealthLynked Corp. (HLYK) launched a Concierge membership program for Functional Medicine, expecting to generate over $1 million annually. Despite strong patient adoption, the company reported a third-quarter revenue of $1.45 million, down from $4.00 million in Q3 2021, mainly due to losses in its ACO division's Medicare program and service disruptions from Hurricane Ian. Net losses increased to ($1.78 million) compared to ($0.37 million) last year. Year-to-date revenues also declined to $4.70 million from $7.54 million in 2021, with net losses of ($4.54 million).

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HealthLynked Corp. (HLYK) reported a 3% revenue increase to $1.65 million in Q2 2022 compared to Q1 2022, but a 67% decrease in net losses for the first half of 2022 ($2.76 million) compared to the same period in 2021 ($8.33 million). Q2 2022 revenues fell slightly from $1.71 million YoY, attributed to physician turnover. The company acquired Aesthetics Enhancements Unlimited, leading to a 15% patient revenue increase in Functional Medicine. Shareholders' equity stood at $4.80 million as of June 30, 2022.

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HealthLynked Corp. (OTCQB: HLYK) has welcomed Paul J. Norman to its advisory board. Norman, a former CEO and founder of NU Holdings Inc., brings extensive experience from the insurance sector, having been instrumental in establishing a network of over 3,000 independent agents. His induction into the Insurance Hall of Fame underscores his industry credibility. HealthLynked aims to enhance healthcare management through a cloud-based platform, connecting patients and providers efficiently. This addition to the advisory board is expected to bolster the company’s strategic direction in healthcare technology.

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HealthLynked Corp. (OTCQB:HLYK) reported a 98% increase in Q3 2021 revenue, reaching $4.0 million compared to $2.0 million in Q3 2020. Patient appointments rose 24% to 4,181, while Time of Service collections grew 33% to $1.0 million. The company also received $2.4 million in Medicare Shared Savings revenue, a 213% increase year-over-year. Year-to-date revenue increased 66% to $7.5 million. Executives expressed optimism about ongoing growth and improvements in the financial performance.

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HealthLynked Corp. (OTCQB:HLYK) announced that its subsidiary, ACO Health Partners LLC, will receive $2.4 million in Medicare Shared Savings from the Centers for Medicare & Medicaid Services (CMS). This amount marks a 213% increase from the $768,000 received last year. Since acquiring ACO Health Partners in May 2020, HealthLynked has reported substantial growth in shared savings and the number of attributed Medicare lives.

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HealthLynked Corp. (OTCQB: HLYK) announced the launch of its new podcast channel across iTunes, Google, and Spotify on September 17, 2020. The initiative aims to enhance online medical education for patients and healthcare providers, responding to the surging popularity of podcasts. CEO Dr. Michael Dent emphasized the commitment to provide valuable audio content alongside existing video resources. The podcast will feature healthcare topics to engage a wide audience, contributing to HealthLynked's mission of improving healthcare through better information exchange.

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HealthLynked Corp. (OTCQB: HLYK) has announced the completion of its data integration with athenahealth, enabling patients to easily access their medical records. This integration utilizes athenahealth's API, allowing patients to request their health data and verify their identity through HealthLynked's practice portal. With access to critical health information such as medications and lab results, this partnership aims to improve patient care and reduce delays in treatment. Patients will incur a small fee for each record request, while practices can onboard swiftly through athenahealth's marketplace.

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HealthLynked Corp. (OTCQB: HLYK) announced on September 8, 2020, the retirement of three convertible notes amounting to $588,453. This strategic move eliminates the potential for market conversion of these shares and is viewed as a prudent use of funds from Dr. Dent's recent equity investment. CFO George O'Leary emphasized that this strengthens the balance sheet, reduces dilution, and positions the company favorably for future announcements.

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HealthLynked Corp. (OTCQB: HLYK) announced a $3,000,000 equity investment from its Chairman and CEO, Dr. Michael Dent, reflecting his confidence in the company's future. Over the past year, HealthLynked has achieved significant milestones, including a 49% revenue increase compared to the same period in 2019, despite COVID-19's impact. Key initiatives included the launch of Cost Lynk, a COVID-19 tracker app, and the acquisition of Cura Health Management. This investment aims to support plans for a NASDAQ up-listing and enhance financial stability.

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HealthLynked Corp. (OTCQB: HLYK) reported a 49% increase in revenue for the first half of 2020, totaling $2,498,450, alongside a 23% reduction in operating loss to $1,177,652. Second-quarter revenue dipped by 4% compared to 2019, while operating loss decreased by 7%. The company acquired Cura Health Management on May 18, 2020, aiming to enhance its ACO market presence. Telemedicine usage helped mitigate financial downturns during the COVID-19 pandemic, with patient revenue down only 4%.

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FAQ

What is the current stock price of HEALTHLYNKED (HLYK)?

The current stock price of HEALTHLYNKED (HLYK) is $0.02325 as of December 24, 2024.

What is the market cap of HEALTHLYNKED (HLYK)?

The market cap of HEALTHLYNKED (HLYK) is approximately 8.5M.

What does HealthLynked Corp do?

HealthLynked Corp integrates patients with healthcare providers through a technology platform, offering solutions like real-time scheduling, electronic medical records, online telemedicine, and more.

What recent achievements has HealthLynked Corp made?

HealthLynked recently launched advanced search functionalities on its website and mobile applications to improve healthcare accessibility and connectivity.

How does HealthLynked benefit patients?

HealthLynked offers features such as real-time scheduling, electronic medical records, and online telemedicine, which help reduce wait times and improve the accuracy and portability of medical information.

How does HealthLynked benefit healthcare providers?

Providers in the HealthLynked network benefit from improved patient care, operational insights, and marketing tools to engage with patients, ensuring better compliance and optimized scheduling.

Who leads HealthLynked Corp?

HealthLynked Corp is led by CEO Dr. Michael Dent and CTO Chris Hall.

What is the HealthLynked Network?

The HealthLynked Network is a cloud-based platform that allows members to manage their healthcare by providing a secure, centralized location for their medical data.

How can I stay updated with HealthLynked Corp's news?

You can stay updated with HealthLynked Corp's news by visiting their website and following their social media channels on Facebook, Twitter, Instagram, and LinkedIn.

What initiatives does HealthLynked take to enhance healthcare?

HealthLynked creates new strategies and initiatives that connect patients with their family members and doctors, encouraging active participation in their healthcare.

How do I join the HealthLynked Network as a healthcare provider?

Healthcare providers can join the HealthLynked Network by claiming their profiles and completing the necessary steps to become an in-network provider.

Is HealthLynked publicly traded?

Yes, HealthLynked Corp is publicly traded on the OTCQB under the symbol HLYK.

HEALTHLYNKED CORP

OTC:HLYK

HLYK Rankings

HLYK Stock Data

8.46M
187.63M
33.45%
0.03%
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