We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Teladoc's Partnership to Form Pediatric Telehealth Platform
Read MoreHide Full Article
Teladoc Health, Inc. (TDOC - Free Report) recently announced its partnership with Cincinnati Children’s Hospital Medical Center (Cincinnati Children’s) to form the industry’s first consumer pediatric telehealth platform. Both companies will start developing the platform in the second quarter of 2019 with accessibility to other pediatric hospitals and medical centers set for early 2020.
Holding the second position on the U.S. News & World Report’s list of Best Children’s Hospitals, Cincinnati Children’s will help Teladoc improve its licensed platform for pediatric needs. With the evolution of consumer telehealth, this is the apt time for pediatric hospitals to win access to a platform that is solely designed to support their unique care needs and workflows.
Teladoc will be able to gain traction from Cincinnati Children’s proven, pediatric clinical care expertise. The platform will mainly consist of pediatric-specific workflows, clinical needs and user experience for patients and their families.
Notably, Cincinnati Children’s will in turn, be able to enhance its telehealth services for the pediatric patients via this unique platform.
Teladoc is constantly witnessing growth in its client roster owing to the addition of clients across multiple market segments. The company’s emphasis is on increasing its value-added clients through product innovation that will lead to customer retention. It also focuses on burgeoning its client base by penetrating the underserved segments, such as provider market and small and mid-sized employers. Moreover, Teladoc is investing heavily in the new marketing technologies, which poise it well for growth.
Shares of this Zacks Rank #4 (Sell) company have surged 34% in a year’s time, outperforming its industry’s rally of 9.9%.
Stocks to Consider
Investors interested in the same sector can take a look at some better-ranked stocks like BioTelemetry, Inc. (BEAT - Free Report) Charles River Laboratories International, Inc. (CRL - Free Report) and OpGen, Inc. (OPGN - Free Report) .
BioTelemetry provides remote cardiac monitoring, remote blood glucose monitoring, centralized core lab services for clinical trials and original equipment manufacturing services. In the last four quarters, the company delivered average positive surprise of 50.8%. It flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Charles River Laboratories provides drug discovery, non-clinical development and safety testing services worldwide. The company, which has a Zacks Rank #2 (Buy), came up with average earnings surprise of 9.6% in the trailing four quarters.
OpGen engages in developing molecular information products and services to combat infectious diseases in the United States and internationally. The company pulled off average beat of 1.9% in the preceding four quarters. The stock has a Zacks Rank of 2.
Radical New Technology Creates $12.3 Trillion Opportunity
Imagine buying Microsoft stock in the early days of personal computers… or Motorola after it released the world’s first cell phone. These technologies changed our lives and created massive profits for investors.
Today, we’re on the brink of the next quantum leap in technology. 7 innovative companies are leading this “4th Industrial Revolution” - and early investors stand to earn the biggest profits.
Image: Bigstock
Teladoc's Partnership to Form Pediatric Telehealth Platform
Teladoc Health, Inc. (TDOC - Free Report) recently announced its partnership with Cincinnati Children’s Hospital Medical Center (Cincinnati Children’s) to form the industry’s first consumer pediatric telehealth platform. Both companies will start developing the platform in the second quarter of 2019 with accessibility to other pediatric hospitals and medical centers set for early 2020.
Holding the second position on the U.S. News & World Report’s list of Best Children’s Hospitals, Cincinnati Children’s will help Teladoc improve its licensed platform for pediatric needs. With the evolution of consumer telehealth, this is the apt time for pediatric hospitals to win access to a platform that is solely designed to support their unique care needs and workflows.
Teladoc will be able to gain traction from Cincinnati Children’s proven, pediatric clinical care expertise. The platform will mainly consist of pediatric-specific workflows, clinical needs and user experience for patients and their families.
Notably, Cincinnati Children’s will in turn, be able to enhance its telehealth services for the pediatric patients via this unique platform.
Teladoc is constantly witnessing growth in its client roster owing to the addition of clients across multiple market segments. The company’s emphasis is on increasing its value-added clients through product innovation that will lead to customer retention. It also focuses on burgeoning its client base by penetrating the underserved segments, such as provider market and small and mid-sized employers. Moreover, Teladoc is investing heavily in the new marketing technologies, which poise it well for growth.
Shares of this Zacks Rank #4 (Sell) company have surged 34% in a year’s time, outperforming its industry’s rally of 9.9%.
Stocks to Consider
Investors interested in the same sector can take a look at some better-ranked stocks like BioTelemetry, Inc. (BEAT - Free Report) Charles River Laboratories International, Inc. (CRL - Free Report) and OpGen, Inc. (OPGN - Free Report) .
BioTelemetry provides remote cardiac monitoring, remote blood glucose monitoring, centralized core lab services for clinical trials and original equipment manufacturing services. In the last four quarters, the company delivered average positive surprise of 50.8%. It flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Charles River Laboratories provides drug discovery, non-clinical development and safety testing services worldwide. The company, which has a Zacks Rank #2 (Buy), came up with average earnings surprise of 9.6% in the trailing four quarters.
OpGen engages in developing molecular information products and services to combat infectious diseases in the United States and internationally. The company pulled off average beat of 1.9% in the preceding four quarters. The stock has a Zacks Rank of 2.
Radical New Technology Creates $12.3 Trillion Opportunity
Imagine buying Microsoft stock in the early days of personal computers… or Motorola after it released the world’s first cell phone. These technologies changed our lives and created massive profits for investors.
Today, we’re on the brink of the next quantum leap in technology. 7 innovative companies are leading this “4th Industrial Revolution” - and early investors stand to earn the biggest profits.
See the 7 breakthrough stocks now>>