David Joyner, CEO of CVS (CVS), has ambitious plans to improve the company's retail healthcare business and create a more integrated system of health professionals. Joyner said his goal, telling Yahoo Finance, is that by leveraging what he considers a large labor pool, CVS will have a major impact on the health of the entire community he serves. “I'll see 30,000 pharmacists employed at CVS retail, pair it with one of the biggest labor forces of nurses around Minute Clinic and add Oak Street… doctors on top. “It's been a huge amount of care. Delivery model in this country,” he…
Author: admin
In the latest trading session, DaVita Healthcare (DVA) closed at $161.57, adjusting -0.01% from the previous day’s closing price. This stock price change lagged the S&P 500’s daily gain of 0.25%. Meanwhile, the Dow rose 0.2% and the tech-heavy Nasdaq added 0.56%.Heading into today, shares of the kidney dialysis provider had gained 4.41% over the past month, outpacing the Medical sector’s loss of 1.51% and the S&P 500’s gain of 1.65% in that time period.DaVita HealthCare’s upcoming earnings release will be of great interest to investors, as the company is expected to post EPS of $2.76, which would represent a…
In the latest trading session, DaVita HealthCare (DVA) closed at $159.07, adjusting -0.03% from previous closing price. The stock outperformed the S&P 500, which fell 0.17% on the day. Meanwhile, the Dow Jones Industrial Average fell 0.44%, and the tech-heavy Nasdaq fell 0.04%.Shares of the kidney dialysis provider have gained 5.11% over the past month, leading the Medical sector's decline of 3.8% and the S&P 500's gain of 1.25%.Analysts and investors alike will be keeping an eye on DaVita Healthcare's performance in its upcoming earnings release. The company's future EPS is expected to be $2.76, which would represent a -3.16%…
If you want to find strong stocks in the medical industry, it would be wise to look for companies within the group that are outperforming their peers. Could Avianna Healthcare (AVAH) be one of those stocks this year? We might be able to answer that question by looking at the company's year-to-date performance compared to its medical peers.Avianna Healthcare is one of 1,025 individual stocks in the Healthcare sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed from highest to lowest in terms of the average…
In a bold move that could reshape the healthcare technology landscape, Microsoft MSFT recently announced a series of artificial intelligence innovations aimed at transforming patient care and clinical workflows. The technology giant's latest offering, announced as part of the Microsoft Cloud for Healthcare platform, marks a major push into the lucrative but complex healthcare market.For investors, Microsoft's healthcare AI efforts present both an opportunity and a challenge. On the other hand, the global digital health market is expected to grow significantly in the coming years, offering significant revenue potential. On the other hand, developing and deploying these technologies requires significant…
For immediate releaseChicago, IL – October 18, 2024 – Today, Zacks Equity Research will discuss UnitedHealth Group Inc. UNH, The Cigna Group CI, Humana Inc. HUM, and Molina Healthcare, Inc. MOH.Industry: HMOLink: https://www.zacks.com/commentary/2352108/4-hmo-stocks-to-watch-despite-continued-industry-headwindsThe U.S. health insurance industry, known as health maintenance organizations (“HMOs”), is expected to benefit from higher premiums from offering affordable health insurance plans, resulting in increased membership. Demand for Medicare is expected to increase as the U.S. population grows. age. Aggressive mergers and acquisitions (“M&A”) activity, supported by potential interest rate reductions, is contributing to the geographic expansion and diversification of HMOs.Investing in telemedicine platforms is important…
The healthcare services sector is undergoing a major evolution driven by innovation and digital applications. The growing demand for telemedicine has led to a significant increase in digital healthcare options over the past few years. The demand for digital healthcare treatments continues to increase in the form of online medical and AI-powered technology services with a focus on telemedicine, backed by the implementation of data and analytics.The global healthcare analytics market is expected to grow at a CAGR of 22.9% from 2024 to 2029, reaching over $130 billion by 2029, according to a recent report from Mordor Intelligence. Key stakeholders…
Chicago, IL – November 5, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day, Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in this blog include Healthcare Select Sector SPDR ETF XLV, Tenet Healthcare THC, Invesco Dynamic Building & Construction ETF PKB, and Dicom Industries DY. Highlights from Monday's analyst blog include: The U.S. economy added 12,000 jobs in October, CNBC cited, a sharp drop from September and less than the 100,000 jobs expected by the Dow Jones. The Boeing strike is estimated…
Avianna Healthcare (AVAH) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to a loss of $0.03 per share a year ago. These figures have been adjusted for non-recurring items. This quarterly report represents a 300% earnings surprise. A quarter ago, it was expected that this home health care services provider would post a loss of $0.02 per share when it actually produced earnings of $0.01, delivering a surprise 150% return. The company has surpassed consensus EPS estimates four times over the last four quarters. Avianna,…
The healthcare sector benefited from increased caseload, higher occupancy, and several expansion plans in 2024. A significant increase in elective surgeries and non-urgent procedures led to the increase in caseloads. Advances in technology, an emphasis on consumer-centric healthcare models, and improved health equity have benefited companies in the healthcare sector. However, labor shortages and margin pressures, combined with regulatory uncertainty, continue to weigh on the outlook for businesses.A key trend for 2024 is the continued adoption of digital health technologies that will revolutionize the way healthcare is delivered. From telemedicine to AI-driven tools and electronic health records (EHRs), the integration…