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Weave Communications, Inc. - WEAV STOCK NEWS

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. (Symbol: WEAV) is a trailblazing customer experience and payments software platform specifically designed for small and medium-sized healthcare businesses. By intertwining data, software, and communication platforms, Weave ensures that valuable information is readily accessible and easy to use, enhancing productivity and collaboration.

At its core, Weave aims to revolutionize patient interaction from the very first contact to the final billing process. The platform integrates a wide range of workflows into a unified solution, significantly reducing manual tasks and maximizing patient engagement. This approach democratizes enterprise-level communication tools, simplifying them for small and medium-sized businesses within the healthcare sector.

Weave offers a variety of features to enhance practitioner-patient relationships and optimize practice operations. These include diverse communication channels, appointment scheduling, payment processing, and more. The company operates in a singular segment, with its primary revenue derived from subscription services.

Recent achievements for Weave include advancing its software capabilities to provide even greater insights and improved productivity for its users. The company continues to develop its platform to meet the ever-evolving needs of healthcare providers, ensuring that meaningful information is available precisely when it is most beneficial for decision-making.

News

Weave Now Integrates with Shepherd

Rhea-AI Summary
Weave (WEAV) announces integration with Shepherd, enhancing healthcare providers' business management through automation and optimization. Key features include appointment reminders, automated data sync, birthday greetings, call pop, save the date reminders, schedule sync, and vaccination reminders.
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Weave Named to the 2024 Women Tech Council Shatter List for Third Consecutive Year

Rhea-AI Summary
Weave (WEAV) has been named to the 2024 Shatter List by the Women Tech Council for fostering inclusivity and career growth for women in tech. The company supports women through various initiatives and has received multiple awards for its culture and workplace.
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One-Third of Patients Delay Healthcare Due to Cost, New Weave Survey Reveals

Rhea-AI Summary
Weave's research highlights the impact of rising healthcare costs and the lack of flexible payment options on delayed healthcare appointments in 2023. The study reveals that younger generations are more affected, with a significant percentage delaying primary care and specialty healthcare visits. Consumers are demanding flexible payment solutions like BNPL, payment plans, and third-party lending from healthcare providers to avoid delaying treatment. Weave emphasizes the need for a patient-centered approach to payments to attract and retain patients.
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1.97%
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Weave Enhances Integration with DrChrono by EverHealth

Rhea-AI Summary
Weave (NYSE: WEAV) and DrChrono by EverHealth deepen integration to enhance patient experiences. The updated partnership offers features like Automated Data Sync, Call Pop, Missed-call Text, Email Marketing, Digital Forms, Online Scheduling, and Payments, streamlining healthcare provider operations.
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0.52%
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Weave Placed First in 30 Categories in G2 2024 Spring Report

Rhea-AI Summary
Weave (NYSE: WEAV) has been named a leader in 30 categories and earned 61 badges in G2’s 2024 Spring Report. Weave's product enhancements include Payment Plans, Digital Forms, and new integrations with healthcare platforms. CEO Brett White emphasizes customer satisfaction and innovation as key priorities for the company.
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1.93%
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Weave Now Integrates With Athenahealth

Rhea-AI Summary
Weave (NYSE: WEAV) announces integration with Athenahealth to enhance patient experiences through automation and optimization. Key features include Automatic Data Sync, Missed Call Text, Call Pop, Birthday Greetings, and Email Marketing.
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Rhea-AI Sentiment
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2.87%
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Weave Named a 2024 Top Workplaces USA Winner by Energage

Rhea-AI Summary
Weave (WEAV) has been awarded the 2024 Top Workplaces USA award for the third consecutive year, based on employee feedback. The company's people-centric culture and dedication to customer service have been recognized by Energage, highlighting its commitment to excellence in healthcare operations.
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2.87%
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In Accordance with NYSE Rule 303A.08, this Press Release Makes Public the Grant of an Employment Inducement Award

Rhea-AI Summary
Weave Communications, Inc. (NYSE: WEAV) grants 350,000 restricted stock units to its Chief Revenue Officer, David McNeil, as an employment inducement. The units vest over three years, with 33% vesting on March 15, 2025, and the remaining 67% over the following 2 years. This award was approved under Weave's 2022 Inducement Equity Incentive Plan.
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-2.4%
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Weave Announces Fourth Quarter and Full Year 2023 Financial Results

Rhea-AI Summary
Weave (NYSE: WEAV) reported strong financial results for Q4 2023 and full year 2023, with total revenue up 21.2% and 19.9% year-over-year respectively. The company also saw positive net cash from operating activities and free cash flow improvements. CEO Brett White highlighted continuous growth in revenue, margins, EBITDA, and customer acquisition, positioning the company for success in 2024.
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Weave Enhances Payments Suite with Payment Plans

Rhea-AI Summary
Weave (NYSE: WEAV) introduces Payment Plans feature to streamline billing for healthcare practices. The new feature allows patients to pay bills over time through automated monthly charges, enhancing cash flow management and customer satisfaction.
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-7.13%
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FAQ

What is the current stock price of Weave Communications (WEAV)?

The current stock price of Weave Communications (WEAV) is $13.12 as of November 1, 2024.

What is the market cap of Weave Communications (WEAV)?

The market cap of Weave Communications (WEAV) is approximately 951.4M.

What does Weave Communications, Inc. do?

Weave Communications, Inc. provides a customer experience and payments software platform for small and medium-sized healthcare businesses.

How does Weave improve practice operations?

Weave integrates diverse workflows into a unified solution, reducing manual tasks and maximizing patient engagement.

What features does Weave offer?

Weave offers communication channels, appointment scheduling, payment processing, and more to optimize healthcare practice operations.

How does Weave support SMBs?

Weave democratizes enterprise-level communication tools, making them simple and accessible for small and medium-sized businesses.

What is the primary source of revenue for Weave?

Weave's primary source of revenue is subscription services.

How does Weave enhance patient-practitioner relationships?

Weave's platform maximizes patient engagement by providing efficient communication and streamlined workflows.

What recent achievements has Weave made?

Weave has advanced its software capabilities to provide greater insights and improved productivity for healthcare providers.

What is the focus of Weave's current projects?

Weave focuses on developing its platform to meet the evolving needs of healthcare providers, ensuring valuable information is accessible when needed.

Why is Weave important for SMB healthcare businesses?

Weave simplifies complex workflows and communication processes, helping SMB healthcare businesses improve patient interaction and operation efficiency.

What makes Weave's platform unique?

Weave threads together data, software, and communication platforms into an intuitive and unified solution, specifically tailored for healthcare providers.

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Weave Communications, Inc.

NYSE:WEAV

WEAV Rankings

#2558 Ranked by Market Cap
N/A Ranked by Dividends

WEAV Stock Data

951.43M
71.81M
3.07%
79.85%
1.24%
Health Information Services
Services-prepackaged Software
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United States of America
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