OTC:HLYK

HealthLynked Unveils Advanced Search Functionality to Improve Patient Care

Retrieved on: 
Wednesday, December 13, 2023

NAPLES, Fla., Dec. 13, 2023 /PRNewswire/ --  HealthLynked Corp. (OTCQB: HLYK), a leader in the global healthcare network industry, today announced the launch of a highly anticipated search functionality update on its website and mobile applications. This enhancement marks a significant milestone in HealthLynked's journey to transform healthcare accessibility and connectivity. 

Key Points: 
  • Research shows that 67% of patients prefer to search for and book appointments online or through an app, with 40% being booked after business hours.
  • HealthLynked's new search functionality and enhanced features help HealthLynked members find the right providers that best suit their individual health needs.
  • The new search functionality on the HealthLynked platform includes the following key features:
    A refined provider search algorithm that efficiently locates the right healthcare providers.
  • Michael Dent, M.D., CEO of HealthLynked, commented on the update, saying, "The new search functionality is a game-changer in our mission to personalize healthcare.

HealthLynked Announces Q3 & Year-to-Date 2023 Financial Results, Highlighted by 8% Revenue Growth and Net Income Turnaround

Retrieved on: 
Wednesday, November 15, 2023

NAPLES, FL, Nov. 15, 2023 /PRNewswire/ -- HealthLynked Corp. (OTCQB: HLYK), a leader in the global healthcare network industry, announced its financial reporting for the quarter and nine-month period ending September 30, 2023.  The nine-month period was marked by revenue growth, operational efficiency, and a move toward profitability.

Key Points: 
  • HealthLynked Announces Q3 & Year-to-Date 2023 Financial Results, Highlighted by 8% Revenue Growth and Net Income Turnaround
    NAPLES, FL, Nov. 15, 2023 /PRNewswire/ -- HealthLynked Corp .
  • Revenue Increase: Achieved an 8% year-over-year (YoY) increase, totaling $4.796 million, compared to $4.45 million in the same period of 2022.
  • Revenue growth was fueled by additional concierge fees and a steady increase in core technology subscription revenue.
  • Dramatic Net Loss Reduction: A 90% decrease in net loss from $1.78 million Q3 2022 to $0.17 million in Q3 2023, underscoring the effectiveness of our recent strategic initiatives.

Introducing the New HealthLynked COVID-19 Tracker: A Comprehensive Tool for the Modern Pandemic Era

Retrieved on: 
Thursday, October 12, 2023

VOCs are strains with characteristics like increased transmissibility and potential resistance to treatments or vaccines, making them a primary focus for global health organizations.

Key Points: 
  • VOCs are strains with characteristics like increased transmissibility and potential resistance to treatments or vaccines, making them a primary focus for global health organizations.
  • In contrast, VOIs, while having genetic alterations, have not shown a widespread global impact but are closely monitored for their potential escalation in concern.
  • The HealthLynked COVID-19 tracker is more than just a tool; it's a comprehensive resource designed to empower users with knowledge and resources.
  • As we continue to face the challenges of the pandemic, HealthLynked remains committed to providing reliable and timely information to the public.

HealthLynked Receives Medicare Shared Savings Net Proceeds from Sale of ACO Health Partners

Retrieved on: 
Monday, October 9, 2023

NAPLES, Fla., Oct. 9, 2023 /PRNewswire/ -- HealthLynked Corp. (OTCQB: HLYK), a leader in the global healthcare network industry, is pleased to announce the receipt of Medicare Shared Savings ("Shared Savings") from the Centers for Medicare & Medicaid Services ("CMS") earned by ACO Health Partners ("AHP") for performance year 2022. The Shared Savings net proceeds are a component of the consideration received by HealthLynked from its January 2023 sale of AHP. Shared Savings earned by AHP was $2.88 million and net proceeds to HealthLynked were $1.15 million, including allocation for AHP's operating expenses and after payments to AHP's participating physicians, commission to former owners, and other expenses. 

Key Points: 
  • NAPLES, Fla., Oct. 9, 2023 /PRNewswire/ -- HealthLynked Corp. (OTCQB: HLYK ), a leader in the global healthcare network industry, is pleased to announce the receipt of Medicare Shared Savings ("Shared Savings") from the Centers for Medicare & Medicaid Services ("CMS") earned by ACO Health Partners ("AHP") for performance year 2022.
  • The Shared Savings net proceeds are a component of the consideration received by HealthLynked from its January 2023 sale of AHP.
  • Shared Savings earned by AHP was $2.88 million and net proceeds to HealthLynked were $1.15 million, including allocation for AHP's operating expenses and after payments to AHP's participating physicians, commission to former owners, and other expenses.
  • George O'Leary, HealthLynked's Chief Financial Officer, commented, "We are pleased with the final determination of AHP's Shared Savings for performance year 2022, which was higher than we had anticipated.

HealthLynked Announces Patent Filing for ARI: A Revolutionary AI-Powered Healthcare Interface

Retrieved on: 
Tuesday, October 3, 2023

NAPLES, Fla., Oct. 3, 2023 /PRNewswire/ -- HealthLynked Corp. (OTCQB: HLYK)  is thrilled to announce a patent filing for its innovative artificial intelligence (AI) program, ARI (Augmented Real-time Interface). This strategic move highlights HealthLynked's dedication to spearheading advancements in the healthcare domain. With the patent filing in place, HealthLynked expects to launch ARI before the end of 2023, aiming to redefine patient and healthcare provider interactions.

Key Points: 
  • HealthLynked Announces Patent Filing for ARI: A Revolutionary AI-Powered Healthcare Interface
    NAPLES, Fla., Oct. 3, 2023 /PRNewswire/ -- HealthLynked Corp. ( OTCQB: HLYK )  is thrilled to announce a patent filing for its innovative artificial intelligence (AI) program, ARI (Augmented Real-time Interface).
  • With the patent filing in place, HealthLynked expects to launch ARI before the end of 2023, aiming to redefine patient and healthcare provider interactions.
  • Engaging patients in their healthcare journey and ensuring that their medical information is up-to-date are critical components in delivering the best possible medical care.
  • Historically, the healthcare system has struggled with the seamless exchange of medical information among healthcare providers.

HealthLynked Achieves Key Milestone with Final $300,000 Payment from Sale of ACO Health Partners

Retrieved on: 
Tuesday, September 5, 2023

NAPLES, Fla., Sept. 5, 2023 /PRNewswire/ -- HealthLynked Corp. (HLYK), a leader in the global healthcare network industry, is pleased to announce the successful completion of cash targets to date related to its January 2023 sale of ACO Health Partners ("AHP"). The company received a $300,000 payment, marking a 100% success rate in enrolling existing and new physician practices into Palm Beach Accountable Care Organization ("PBACO"), managed by PBACO Holding, LLC ("PBA").

Key Points: 
  • Since the sale of AHP, HealthLynked has received a total of $3.25 million, comprised of an initial $750,000 from the sale and an additional $2.5 million in participation-based consideration.
  • The payments represent the maximum amount of cash consideration to date that HealthLynked was eligible to receive under the sale agreement.
  • In line with the sale agreement, HealthLynked is set to receive net proceeds, including allocation of expenses, from Medicare Shared Savings attributed to AHP's performance in 2022.
  • Should PBA go public, HealthLynked will receive shares corresponding to AHP's 2021 earnings, times the EBITDA multiple used to value PBA's IPO shares.

HealthLynked Announces Steady YoY Revenue Increase for Q2 & H1 2023, Highlighting Significant Net Income Boost

Retrieved on: 
Tuesday, August 15, 2023

Revenue: 9% YoY growth, reaching $1.70 million, up from Q2 2022's $1.56 million.

Key Points: 
  • Revenue: 9% YoY growth, reaching $1.70 million, up from Q2 2022's $1.56 million.
  • This achievement is attributed to a blend of revenue augmentation and a targeted 34% YoY decrease in selling, general, and administrative expenses.
  • Revenue: 12% YoY increase, coming in at $3.46 million, compared to H1 2022's $3.09 million.
  • Net Income: Net income of $0.45 million was reported, a positive shift from the net loss of $2.76 million observed in H1 2022, driven by the gain from the sale of ACO Health Partners coupled with revenue and cost improvements.

HealthLynked Corp. Names Wall Street Veteran Mike Paisan to Strategic Investor Relations Role

Retrieved on: 
Tuesday, August 1, 2023

NAPLES, Fla., Aug. 1, 2023 /PRNewswire/ -- HealthLynked Corp. ( HLYK ), a global healthcare network specializing in care management for its members, announced the appointment of Mike Paisan as Director of Investor Relations and Strategic Partnerships.

Key Points: 
  • NAPLES, Fla., Aug. 1, 2023 /PRNewswire/ -- HealthLynked Corp. ( HLYK ), a global healthcare network specializing in care management for its members, announced the appointment of Mike Paisan as Director of Investor Relations and Strategic Partnerships.
  • HealthLynked, which employs innovative healthcare technologies to link patients, doctors, and medical data, is committed to enhancing healthcare services worldwide.
  • As part of improving investor relations, Mike will also implement a series of enhancements, including updating the investor website for better accessibility and user experience.
  • Mike joined HealthLynked as a Business Analyst in September 2021, and his extensive research has played a pivotal role in the company's strategic decisions.

HealthLynked Unveils Major App Update, Enhancing Personalized Healthcare Experience

Retrieved on: 
Tuesday, June 6, 2023

NAPLES, Fla., June 6, 2023 /PRNewswire/ -- HealthLynked Corp, a leading global healthcare network, is thrilled to announce the rollout of significant updates to its HealthLynked app, reinforcing its commitment to offering a seamless and personalized healthcare experience to its users.

Key Points: 
  • NAPLES, Fla., June 6, 2023 /PRNewswire/ -- HealthLynked Corp, a leading global healthcare network, is thrilled to announce the rollout of significant updates to its HealthLynked app, reinforcing its commitment to offering a seamless and personalized healthcare experience to its users.
  • Understanding the dynamic needs of its users, HealthLynked has introduced a multitude of innovative updates to enhance the healthcare journey.
  • "This latest update to the HealthLynked app is a testament to our ongoing commitment to provide comprehensive healthcare solutions.
  • For more information about the app update and to experience the enhanced healthcare journey, visit HealthLynked's website or download the latest version of the HealthLynked app from your preferred app store.

HealthLynked Corp. Announces Appointment of Bill Crupi as Regional Manager of Healthcare Services

Retrieved on: 
Tuesday, May 23, 2023

NAPLES, Fla., May 23, 2023 /PRNewswire/ -- HealthLynked Corp. (OTCQB: HLYK), a global healthcare network focused on care management of its members and a provider of healthcare technologies that connect doctors, patients, and medical data, is excited to announce the appointment of Bill Crupi as Regional Manager of Healthcare Services.

Key Points: 
  • NAPLES, Fla., May 23, 2023 /PRNewswire/ -- HealthLynked Corp. (OTCQB: HLYK), a global healthcare network focused on care management of its members and a provider of healthcare technologies that connect doctors, patients, and medical data, is excited to announce the appointment of Bill Crupi as Regional Manager of Healthcare Services.
  • Bill brings with him a wealth of experience in operations management, human resources operations, IT management, accounting, financial planning, and reporting.
  • Prior to joining HealthLynked, Bill worked as an Area Manager for Quigley Eye Specialists, where he managed daily operations of four ophthalmic medical facilities.
  • As the new Regional Manager of Healthcare Services, Bill will be responsible for overseeing the operations of HealthLynked's healthcare facilities, managing teams, and ensuring the quality and consistency of healthcare services across the region.