Welcome to our dedicated page for Weave Communications news (Ticker: WEAV), a resource for investors and traders seeking the latest updates and insights on Weave Communications stock.
Weave Communications, Inc. (NYSE: WEAV) is a customer experience and payments software platform focused on small and medium-sized healthcare businesses. The WEAV news page on Stock Titan aggregates company-issued updates and market-moving announcements so investors can review how Weave describes the evolution of its platform, customer base, and financial performance over time.
Recent Weave news highlights quarterly financial results, where the company reports revenue trends, GAAP and non-GAAP metrics, and commentary on business momentum across specialty medical and other healthcare verticals. These releases also explain how management uses non-GAAP measures such as non-GAAP income from operations, Adjusted EBITDA, and free cash flow to evaluate ongoing performance.
Weave’s news flow also includes product and integration announcements, such as authorized participation in the Henry Schein One API Exchange and integrations with Ortho2’s Edge Cloud and Neo. These updates describe specific communication and engagement features unlocked for dental, orthodontic, and veterinary practices, including automated data sync, appointment reminders, VoIP phone and call pop, missed-call texts, two-way texting, recall and vaccination reminders, and automated review requests.
Investors and analysts following WEAV can also find corporate and governance updates in the news stream, such as leadership appointments to the Board of Directors and the technology organization, as well as recognition from G2, Inc., and workplace award programs. Together, these items provide context on Weave’s positioning in SMB healthcare software, its AI-focused strategy, and how the company presents its progress to the market. Bookmark this page to review new earnings releases, integration partnerships, and other official communications related to Weave Communications, Inc.
Weave (NYSE: WEAV) has launched a new Insurance Verification feature for dental practices, allowing staff to streamline the insurance verification process. This tool reduces the time spent verifying insurance eligibility by over 50%, previously taking dental offices 6 or more hours weekly. Staff can now access accurate, up-to-date information and easily contact patients for updates. This innovation follows Weave's recent platform integrations aimed at enhancing customer communications in dental, veterinary, and optometry sectors.
Weave (NYSE: WEAV) has launched a new podcast, The Happy Practice Playbook, aimed at enhancing dental practice operations. The podcast features industry leaders discussing leadership tips and practice management tools amidst ongoing staffing shortages in small dental offices. Notable guests include Dr. Todd Snyder and Dr. Lori Trost, sharing insights to foster a happier work environment and better patient experiences. The podcast is accessible on various platforms like Spotify and Apple Podcasts, and is complemented by a Facebook group for further discussions.
Weave (NYSE: WEAV) has appointed Erin Goodsell as Chief Legal Officer, enhancing its executive team with her extensive experience in tech law. Previously, Goodsell served at Qualtrics, where she played a pivotal role in a significant SaaS acquisition and helped the company achieve over $1 billion in revenue. With over 15 years in advising tech firms, Goodsell's expertise positions Weave for future growth in the customer communication sector.
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Weave (NYSE: WEAV) has announced the election of George Scanlon to its Board of Directors. With over 12 years of experience in corporate governance and a robust finance background, Scanlon is expected to enhance Weave's operational capabilities. He has previously served as CFO at various tech companies and will also be part of the Audit Committee. This leadership change follows Weave's strong Q1 performance, reporting $33.3 million in total revenue, a 30% year-over-year increase.
Weave (NYSE: WEAV) has been recognized as a leader in customer communication for small businesses, ranking number one in G2’s Summer 2022 Reports for various software categories, including Patient Engagement and Dental Practice Management. The reports are based on verified customer reviews, assessing Satisfaction and Market Presence scores. Weave's recent integrations with Vetter, Fuse, and Provet Cloud enhance its platform, addressing the growing needs of healthcare businesses across the U.S. and Canada. The company has also received multiple accolades, including a finalist position for the SIIA CODiE Best Healthcare Technology Solution.
Weave has announced a new partnership with Patterson Dental, integrating its customer communication platform with the Fuse cloud-based dental practice management software. This collaboration aims to enhance patient communication for dental practices nationwide. The integration provides automated features such as data syncing, review requests, and customized messaging, streamlining operations for Fuse users. With Weave, practices can efficiently manage patient interactions while improving customer engagement and operational success.
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Weave (NYSE: WEAV) has entered a multi-year partnership with Sunbit to integrate Buy Now, Pay Later (BNPL) technology into Weave's patient communications platform. This collaboration aims to alleviate financial burdens for patients, allowing them to pay for healthcare services over time with fair terms and no fees. Since launching its payment solutions in 2019, Weave has expanded its offerings significantly. Sunbit's BNPL service is accessible in over 13,000 U.S. locations, while Weave serves more than 23,000. This integration is expected to enhance patient experiences and improve revenue for healthcare practices.
Weave (NYSE: WEAV) has announced a strategic partnership with Provet Cloud by Nordhealth, integrating their platforms to enhance veterinary practice management. This collaboration responds to the growing demand for pet care, with pet ownership in the U.S. rising to 70%. The partnership aims to streamline operations for veterinary professionals while increasing revenue and improving customer engagement. Weave Plus will allow automated task management, appointment scheduling, and communication features to enhance service efficiency and business growth in the North American market.
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