HealthLynked Subsidiary ACO Health Partners LLC to Receive $2.4M in Medicare Shared Savings
HealthLynked Corp. (OTCQB:HLYK) announced that its subsidiary, ACO Health Partners LLC, will receive $2.4 million in Medicare Shared Savings from the Centers for Medicare & Medicaid Services (CMS).
Sentiment and the balance of points
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Rhea-AI Summary
HealthLynked Corp. (OTCQB:HLYK) announced that its subsidiary, ACO Health Partners LLC, will receive $2.4 million in Medicare Shared Savings from the Centers for Medicare & Medicaid Services (CMS). This amount marks a 213% increase from the $768,000 received last year. Since acquiring ACO Health Partners in May 2020, HealthLynked has reported substantial growth in shared savings and the number of attributed Medicare lives.
Positive
- ACO Health Partners LLC to receive $2.4 million in Medicare Shared Savings.
- 213% increase in shared savings compared to the previous year.
- Growth in attributed Medicare lives since acquisition in May 2020.
Negative
- None.
Details
News Market Reaction – HLYK
The recorded move for HLYK in the trading session of this news was -2.66%.
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NAPLES, FL / ACCESSWIRE / October 14, 2021 / HealthLynked Corp. (OTCQB:HLYK):
HealthLynked Corp's Michael Dent and George O'Leary tell Proactive that its subsidiary ACO Health Partners LLC will receive
The company said the money represents a
https://www.youtube.com/watch?v=Bnf67S8cfcI
About HealthLynked Corp.:
It is our mission to improve healthcare by the transfer of accurate medical information between patients and their healthcare providers, improving medical practice efficiency, increasing access to quality healthcare, and facilitating accurate medical diagnosis.
Contact:
George O'Leary
Chief Financial Officer
goleary@healthlynked.com
+1-(800)-928-7144, ext. 103
William Hayde
Capital Markets Strategist
bhayde@healthlynked.com
+1-(631)-403-4337
Investor Relations Contacts:
Jim Hock
Hanover International Inc.
jh@hanoverintlinc.com
+1-(760)-564-7400
SOURCE: HealthLynked Corp.
View source version on accesswire.com:
https://www.accesswire.com/667939/HealthLynked-Subsidiary-ACO-Health-Partners-LLC-to-Receive-24M-in-Medicare-Shared-Savings