Baby

The MolinaCares Accord Invests $3.7 Million to Improve Health Equity in Illinois

Retrieved on: 
Wednesday, February 28, 2024

Molina Healthcare of Illinois (“Molina”), in collaboration with The MolinaCares Accord (“MolinaCares”), is announcing a $3.7 million investment in the MolinaCares Illinois Health Equity Initiative.

Key Points: 
  • Molina Healthcare of Illinois (“Molina”), in collaboration with The MolinaCares Accord (“MolinaCares”), is announcing a $3.7 million investment in the MolinaCares Illinois Health Equity Initiative.
  • In total, Molina has dedicated approximately $5 million to improve equity in health outcomes for under-resourced communities in Illinois.
  • “As part of our commitment to advancing health equity, Molina is deploying a multi-pronged approach that targets various areas of health care, working alongside community-based organizations and providers,” said Matthew Wolf, plan president of Molina Healthcare of Illinois.
  • Studies have shown those who live in poverty tend to have a higher disease burden, according to the National Health Council .

Phreesia’s Hilary Hatch Again Named to the 2024-2025 NQF Leadership Consortium

Retrieved on: 
Tuesday, February 27, 2024

Phreesia is proud to announce that its Chief Clinical Officer Hilary Hatch, PhD, has been selected to participate in the National Quality Forum (NQF)’s 2024-2025 Leadership Consortium .

Key Points: 
  • Phreesia is proud to announce that its Chief Clinical Officer Hilary Hatch, PhD, has been selected to participate in the National Quality Forum (NQF)’s 2024-2025 Leadership Consortium .
  • Dr. Hatch is one of only 29 healthcare leaders included in the prestigious group, underscoring her dedication to healthcare quality and patient-centered care.
  • She was first named to the group for a two-year term in 2022.
  • “Participation in the Leadership Consortium is more than just an honor for us as individuals or for the organizations we represent.

Lightbridge Academy Ranks No.103 on Inc. Magazine’s List of the Northeast Region’s Fastest-Growing Private Companies

Retrieved on: 
Tuesday, February 27, 2024

103 in the 2024 Inc. Regionals: Northeast list, marking the first time the brand has been included in the most prestigious ranking of the fastest-growing private companies in the Northeast.

Key Points: 
  • 103 in the 2024 Inc. Regionals: Northeast list, marking the first time the brand has been included in the most prestigious ranking of the fastest-growing private companies in the Northeast.
  • The companies on this list show a remarkable rate of growth across all industries in the Northeast region.
  • “The honorees in our Inc. 5000 network are the Who’s Who of private companies.
  • This news comes on the heels of a string of industry recognitions for Lightbridge Academy.

From Global Success to US Breakthrough: twoplus Applicator Celebrates FDA Clearance After Helping Thousands in the UK and Asia

Retrieved on: 
Tuesday, February 27, 2024

"This FDA clearance is a significant milestone, allowing us to bring the Applicator to couples in the USA," said Dr. Benjamin Tee, co-founder.

Key Points: 
  • "This FDA clearance is a significant milestone, allowing us to bring the Applicator to couples in the USA," said Dr. Benjamin Tee, co-founder.
  • "Over 10,000 couples in the UK and Asia have already benefited.”
    Susli Lie, Partner of Monk's Hill Ventures, emphasizes the growing need for accessible fertility solutions.
  • "The FDA clearance serves as an unequivocal endorsement to the safety, quality, and effectiveness of twoplusTM Applicator.
  • Proven Success: Over 10,000 couples in Singapore and the UK have benefited, with positive reviews for its effectiveness and ease of use.

Owlet Announces $9 Million Private Placement Financing

Retrieved on: 
Monday, February 26, 2024

The transaction, which involves participation from existing investors, is expected to close on February 28, 2024, subject to customary closing conditions.

Key Points: 
  • The transaction, which involves participation from existing investors, is expected to close on February 28, 2024, subject to customary closing conditions.
  • Pursuant to the terms of the definitive agreements and the closing of the private placement, Owlet will issue shares of Series B preferred stock that are convertible into approximately 1.2 million shares of common stock.
  • “As a pioneer of smart infant monitoring, Owlet has built momentum on the back of our two new FDA clearances.
  • The Company does not endorse any projections regarding future performance, results or events that may be made by third parties.

Carter’s, Inc. Reports Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Tuesday, February 27, 2024

Changes in foreign currency exchange rates used for translation in the fourth quarter of fiscal 2023, as compared to the fourth quarter of fiscal 2022, had a favorable effect on consolidated net sales of approximately $2.2 million, or 0.2%.

Key Points: 
  • Changes in foreign currency exchange rates used for translation in the fourth quarter of fiscal 2023, as compared to the fourth quarter of fiscal 2022, had a favorable effect on consolidated net sales of approximately $2.2 million, or 0.2%.
  • Operating income increased $26.5 million, or 24.2%, to $136.1 million, compared to $109.5 million in the fourth quarter of fiscal 2022.
  • Fourth quarter fiscal 2023 results included an after-tax benefit of $5.3 million resulting from a court-approved settlement related to credit card industry anti-trust litigation.
  • Fourth quarter fiscal 2022 results included an after-tax charge of $6.9 million related to the write-down of the Skip Hop tradename.

Bright Horizons Debuts New Season of The Work-Life Equation Podcast, Introducing Paul Sullivan as New Co-Host

Retrieved on: 
Monday, February 26, 2024

Bright Horizons (NYSE: BFAM), a leading education and care company, announces the anticipated next season of The Work-Life Equation Podcast .

Key Points: 
  • Bright Horizons (NYSE: BFAM), a leading education and care company, announces the anticipated next season of The Work-Life Equation Podcast .
  • This season, Bright Horizons Chief Digital and Transformation Officer Priya Krishnan welcomes Paul Sullivan, founder of The Company of Dads, as the new co-host.
  • “I was a guest last year, and of all the podcasts I was on, The Work-Life Equation stood out for its wit and relevance,” said Paul Sullivan.
  • The Work-Life Equation is also available across podcast hosting platforms including Apple Podcasts , Spotify , Stitcher and YouTube .

Butterfly Network to Participate at the TD Cowen 44th Annual Health Care Conference on March 5, 2024

Retrieved on: 
Friday, February 23, 2024

Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”) a digital health company transforming care with handheld, whole-body ultrasound and intuitive software, today announced that it will present and host one-on-one investor meetings at the TD Cowen 44th Annual Health Care Conference in Boston on March 5, 2024.

Key Points: 
  • Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”) a digital health company transforming care with handheld, whole-body ultrasound and intuitive software, today announced that it will present and host one-on-one investor meetings at the TD Cowen 44th Annual Health Care Conference in Boston on March 5, 2024.
  • Joseph DeVivo, President, Chief Executive Officer & Chairman, and Heather Getz, Executive Vice President & Chief Financial and Operations Officer will present at 9:10am ET.
  • A webcast of the presentation will be available in the Events & Presentations section of the Butterfly investor website.
  • To schedule a one-on-one meeting with Mr. DeVivo and Ms. Getz, please reach out to your TD Cowen representative.

Owlet Announces Strong Preliminary Fourth Quarter 2023 Results and to Report Fourth Quarter 2023 Financial Results on March 7, 2024

Retrieved on: 
Thursday, February 22, 2024

Owlet , Inc. (“Owlet” or the “Company”) (NYSE:OWLT), the pioneer of smart infant monitoring, today announces the following preliminary unaudited results for the fourth quarter 2023.

Key Points: 
  • Owlet , Inc. (“Owlet” or the “Company”) (NYSE:OWLT), the pioneer of smart infant monitoring, today announces the following preliminary unaudited results for the fourth quarter 2023.
  • Q4 Gross Margin is expected to be approximately 47%, up over 1,900 basis points from 27.8% year over year.
  • Q4 Net Loss is expected to be approximately $6.9 million, down 65% from $19.5 million year over year.
  • I’m proud of the immense progress our team has made in re-shaping the company in 2023.”
    The Company will report its full fourth quarter and year-end 2023 financial results after the market closes on March 7, 2024.

Owlet to Participate in Cowen’s 44th Annual Health Care Conference

Retrieved on: 
Thursday, February 22, 2024

Owlet, Inc. (“Owlet”) ( NYSE : OWLT), the pioneer of smart infant monitoring, today announced that it will participate in the 44th Annual Cowen Health Care Conference, taking place on March 4 – March 6, 2024 at the Marriott Copley Place in Boston, Massachusetts.

Key Points: 
  • Owlet, Inc. (“Owlet”) ( NYSE : OWLT), the pioneer of smart infant monitoring, today announced that it will participate in the 44th Annual Cowen Health Care Conference, taking place on March 4 – March 6, 2024 at the Marriott Copley Place in Boston, Massachusetts.
  • Kurt Workman, Owlet’s Co-Founder and Chief Executive Officer, and Kate Scolnick, Chief Financial Officer, are scheduled to engage in a fireside chat on Tuesday, March 5, 2024, at 2:50 p.m. Eastern Time.
  • A link to the live webcast of the fireside chat will be available on the Owlet Investor Relations website, investors.owletcare.com .
  • A replay of the webcast will also be available on Owlet’s Investor Relations website .