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SHL Telemedicine Ltd American Depositary Shares - SHLT STOCK NEWS

Welcome to our dedicated page for SHL Telemedicine American Depositary Shares news (Ticker: SHLT), a resource for investors and traders seeking the latest updates and insights on SHL Telemedicine American Depositary Shares stock.

SHL Telemedicine Ltd (symbol: SHLT) specializes in developing and marketing personal telemedicine solutions. These solutions enable the transmission of medical data from individuals in remote locations to medical call centers through telecommunication networks. The company serves a diverse range of clients, including subscribing patients, health insurance companies, hospitals, clinics, and physicians.

SHL Telemedicine provides valuable healthcare professional solutions, particularly for patients dealing with conditions such as congestive heart failure and chronic obstructive pulmonary disease (COPD). By offering readmission solutions, the company plays a crucial role in reducing heart-related readmissions. Additionally, SHL Telemedicine offers consumer solutions like cardiac monitoring services, ensuring that patients receive timely and accurate medical attention.

The company operates across various geographical segments, including Israel, Europe, and other parts of the world. Israel remains the primary revenue driver for SHL Telemedicine.

Recent achievements of the company include continued innovations in telemedicine technology and expanding partnerships with healthcare institutions globally. Ongoing projects are focused on enhancing the efficiency and reliability of remote medical data transmission, which is pivotal in today's increasingly digital healthcare environment.

SHL Telemedicine Ltd remains dedicated to advancing personal telemedicine, ensuring that both healthcare providers and patients benefit from state-of-the-art medical solutions that are accessible from anywhere in the world.

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SHL Telemedicine (NASDAQ: SHLT, SIX: SHLTN) has appointed David Arnon as its new CEO, effective August 6, 2024. Arnon, with over 17 years of experience in the healthcare insurance industry, will succeed Erez Nachtomy. He brings extensive expertise in sales, marketing, and operations, particularly in the Israeli healthcare sector.

Arnon's previous roles include CEO of DORAL MEA, Deputy CEO at Clal Insurance and Finance, and various executive positions at Harel Insurance Investments. The appointment aims to leverage his leadership skills to drive innovation, expand offerings, and strengthen SHL's global market presence in telemedicine solutions.

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SHL Telemedicine, a premier developer of personal telemedicine solutions, announced it is in discussions with Discount Capital, the investment arm of Israel Discount Bank, for a potential investment in SHL's Israeli operations. Currently, no decisions or binding agreements have been made. SHL assures to update the market as necessary.

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SHL Telemedicine has unveiled a revolutionary at-home Biomarker blood test in Israel, enhancing their suite of telemedicine solutions. This test, guided by SHL’s medical team, follows a 12-lead ECG and aims to rapidly identify cardiac markers indicative of a heart attack. Results are available within ten minutes. SHL integrates this new test with anamnesis and ECG broadcasting, providing comprehensive cardiac diagnostics from home, which can significantly speed up heart attack diagnosis and improve patient outcomes. This innovation marks a significant step forward in accessible cardiac care.

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SHL Telemedicine has officially launched its SmartHeart® membership program in the US, following a successful soft launch in November 2023. This program provides a revolutionary at-home 12-lead ECG service, complete with 24/7 cardiologist reviews and telehealth consultations. The soft launch exceeded expectations, demonstrating substantial demand and positive feedback. Recent clinical studies with Imperial College London showed significant reductions in hospital readmissions and emergency visits among post-ACS patients using SmartHeart®. The membership aims to empower users to manage their heart health proactively with a portable ECG device, expert analysis, and telehealth services.

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SHL Telemedicine (NASDAQ: SHLT) announced its full-year 2023 results, showcasing stable revenue growth and groundbreaking clinical milestones. The company saw a 3.1% increase in total revenues to USD 57.1m, with operations in Israel and Germany contributing to the growth. Adjusted EBITDA was USD 2.1m, with a net loss of USD 6.9m. Strategic developments included advancements in the US direct-to-consumer strategy and successful clinical studies validating the SmartHeart® ECG technology.
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SHL Telemedicine announces groundbreaking results from the Imperial College London TELE-ACS Trial, showing a 76% decrease in hospital readmissions and a 41% decrease in Emergency Department visits for post-MI patients. The trial demonstrated the effectiveness of SHL's SmartHeart® technology in remote cardiac care, with significant reductions in revascularizations and patient-reported symptoms. The study involved 337 participants and was presented at ACC 24 and published in JACC.
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SHL's SmartHeart portable 12-lead ECG technology successfully participated in the U.S. Army's Project Convergence - Capstone 4 experiment, showcasing exceptional reliability and user-friendliness. The technology demonstrated effectiveness in extreme scenarios, revolutionizing urgent cardiovascular assessment in non-traditional settings.
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SHL Telemedicine announces the publication of its 2023 results with a conference call hosted by top executives. The call is scheduled for April 17, 2024, with live access details provided. The press release and presentation slides will be available on the company's website.
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Litchfield Hills Research initiates coverage on SHL Telemedicine (SHLT) with a 'Buy' rating and an $11.00 price target, highlighting its position as an undervalued opportunity in the telemedicine market. The report emphasizes SHLT's innovative technology, expanding global market presence, and impressive clinical trial results, making it a compelling investment in the healthcare technology sector.
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SHL Telemedicine Ltd. (NASDAQ: SHLT, SIX: SHLTN) announces the selection of the TELE-ACS trial results for presentation at ACC 24, showcasing the pioneering achievements of Imperial College London and SHL in advancing telemedicine. The full results of the TELE-ACS trial, focusing on remote assessment of patients with high cardiovascular risk post-acute coronary syndrome, will be presented on April 6, 2024, at the prestigious American College of Cardiology's 24th Annual Scientific Session & Expo. The trial explores the effectiveness of SHL's SmartHeart® 12-lead ECG technology for monitoring post-MI patients at home, marking a significant milestone in telemedicine and cardiovascular care.
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FAQ

What is the current stock price of SHL Telemedicine American Depositary Shares (SHLT)?

The current stock price of SHL Telemedicine American Depositary Shares (SHLT) is $2.606 as of November 1, 2024.

What is the market cap of SHL Telemedicine American Depositary Shares (SHLT)?

The market cap of SHL Telemedicine American Depositary Shares (SHLT) is approximately 44.3M.

What does SHL Telemedicine Ltd specialize in?

SHL Telemedicine Ltd specializes in developing and marketing personal telemedicine solutions that enable remote transmission of medical data.

Who are the primary clients of SHL Telemedicine Ltd?

The primary clients include subscribing patients, health insurance companies, hospitals, clinics, and physicians.

What conditions does SHL Telemedicine provide solutions for?

The company provides solutions for congestive heart failure, chronic obstructive pulmonary disease (COPD), and cardiac monitoring services.

Which geographical segment generates the most revenue for SHL Telemedicine Ltd?

Israel generates the majority of the revenue for SHL Telemedicine Ltd.

What recent innovations has SHL Telemedicine Ltd achieved?

The company has continued to innovate in telemedicine technology and expand partnerships with global healthcare institutions.

What role does SHL Telemedicine Ltd play in healthcare readmissions?

SHL Telemedicine provides readmission solutions to reduce heart-related readmissions, improving patient outcomes.

How does SHL Telemedicine Ltd's technology benefit patients?

The technology ensures timely and accurate medical attention by enabling remote monitoring and data transmission.

What is the focus of SHL Telemedicine Ltd's ongoing projects?

The focus is on enhancing the efficiency and reliability of remote medical data transmission.

Which segments does SHL Telemedicine Ltd operate in?

The company operates in Israel, Europe, and other parts of the world.

What types of solutions does SHL Telemedicine Ltd offer to healthcare professionals?

The company offers solutions for managing congestive heart failure and COPD, among other health conditions.

SHL Telemedicine Ltd American Depositary Shares

Nasdaq:SHLT

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SHLT Stock Data

44.27M
16.39M
8.35%
17.41%
0.02%
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Tel Aviv