HealthLynked is a formidable player in healthcare with several revenue spinning businesses
The group is poised for growth with its HealthLynked Network, wearable health sensors, COVID-19 tracking, medical supplies and care management solutions.
- The company has a finger in five different lucrative markets
- Broken into the medical supplies business with MedOfficeDirect acquisition
- Strong management team with a proven track record
What HealthLynked does:
HealthLynked Corp (OTCQB:HLYK) is a global healthcare network focused on patient care management. It connects patients, doctors and data through its global healthcare network using technology to reduce costs and improve patient outcomes.
The Naples, Florida-based group’s cloud-based HealthLynked Network connects patients to over 800,000 physicians across the US. After signing up, users can find information on physicians, their areas of expertise, and connect with healthcare providers. The service is free to patient members and enables them to share their healthcare information with their providers. Up-to-date health records can also be shared with other providers and family members if a user chooses to do so.
Similarly, participating healthcare providers can connect with their patients through the system. Benefits to in-network providers include the ability to use the HealthLynked patient access hub “PAH” for patient analytics. Preferred providers can also access marketing tools to connect with their patients to improve patient retention, get more current patient information, and provide efficient online scheduling. Preferred providers pay a monthly fee to access HealthLynked’s services.
HealthLynked is emerging as a formidable player in healthcare with several revenue-spinning businesses. In 2019, HealthLynked entered the rapidly growing Accountable Care Organization (ACO) space through the acquisition of Cura Health Management LLC, which owns ACO Health Partners LLC.
In the meantime, it has also developed a more effective way to battle the spread of coronavirus (COVID-19) on campuses through a wearable health sensor, and its ClearLynk pass.
In a nutshell, the group and its subsidiaries have a finger in several pies including patient care management, medical supplies, remote patient monitoring, accountable-care organizations, and wearable devices.
Founder CEO Dr Michael Dent took the company public in 2017. Dent, an obstetrician-gynecologist has practiced for over 25 years, which makes him uniquely qualified to understand the challenges and opportun