Welcome to our dedicated page for Lifemd news (Ticker: LFMDP), a resource for investors and traders seeking the latest updates and insights on Lifemd stock.
LifeMD, Inc. issues news on its virtual primary care and pharmacy services business, including telemedicine, laboratory access, pharmacy fulfillment, and specialized treatment programs across primary care, men's and women's health, weight management, and hormone therapy. Updates often cover its digital care platform, affiliated medical group, pharmacy infrastructure, patient care center, and branded GLP-1 access within weight management.
For LFMDP, company news also includes dividends on LifeMD's 8.875% Series A Cumulative Perpetual Preferred Stock. Other recurring items include financial results, investor conference participation, credit facilities, and executive leadership changes.
LifeMD (NASDAQ: LFMD), a virtual primary care services provider, has announced its participation in three major investor conferences in May 2025:
- H.C. Wainwright BioConnect Conference on May 20 at Nasdaq, New York City
- B. Riley Securities Conference on May 21-22 at the Ritz-Carlton, Marina Del Rey, featuring a corporate overview presentation
- Craig-Hallum Conference on May 28 at The Depot Renaissance Minneapolis Hotel
Management will conduct one-on-one meetings with investors at all events, with additional small group meetings at the Craig-Hallum conference.
LifeMD has announced plans to expand access to Wegovy® (semaglutide) through NovoCare® Pharmacy for cash-pay patients. The company will offer the FDA-approved weight loss medication at a reduced self-pay cost of $499 per month, including home delivery.
Through their virtual care platform, LifeMD provides a comprehensive weight management program featuring:
- Virtual consultations
- Lab testing
- Diet and lifestyle support
- Prescriptions for anti-obesity medications including GLP-1s
The integration with NovoCare® Pharmacy allows direct access to all FDA-approved dose strengths of Wegovy®, which is notably the first GLP-1 therapy approved in the United States for both chronic weight management and cardiovascular risk reduction in adults with obesity. The service targets uninsured patients or those whose insurance doesn't cover prescription weight-loss medications.
LifeMD (Nasdaq: LFMD), a virtual primary care services provider, has scheduled its Q1 2025 financial results announcement for May 6, 2025, after U.S. market close.
The company will host a conference call and webcast at 4:30 p.m. Eastern time to discuss the results for the three months ended March 31, 2025. Interested parties can join through multiple channels:
- Toll-Free: 800-225-9448
- International: 203-518-9708
- Conference ID: LIFEMD
A live webcast will be available, and an archived version will be accessible for replay after the event.
LifeMD has acquired key assets from Optimal Human Health MD, marking its strategic entry into the women's health market. The company plans to launch a comprehensive virtual health program this summer, focusing on hormone health, bone density, metabolism, and wellness.
The acquisition brings on board Dr. Doug Lucas, Optimal's founder and women's health expert, along with a team of nurse practitioners, dietitians, and care staff. The new service will leverage LifeMD's:
- National provider network
- Lab partnerships with Quest and Labcorp
- In-house mail-order pharmacy
- Behavioral health services
- Nutrition and wellness capabilities
The move addresses significant gaps in women's healthcare, particularly in areas like perimenopause, menopause, and osteoporosis. According to market data, these sectors represent a major growth opportunity, with women making up 80% of osteoporosis cases, yet two-thirds remain undiagnosed. Services will be available through both private and government insurance.
LifeMD (NASDAQ: LFMD) has announced expanded insurance acceptance to Medicare beneficiaries for qualifying virtual primary care services, including weight management programs. Initially available to over 21 million Medicare Part B beneficiaries in 26 states, the company plans to extend access across 49 states by Q2 end, potentially serving more than 60 million Medicare beneficiaries.
The expansion follows two years of investment in operational readiness and regulatory compliance. The company highlights that approximately 75% of Medicare beneficiaries are overweight, obese, or managing at least one cardiometabolic condition. While Medicare Part B covers virtual consultations for obesity and chronic conditions when medically necessary, Medicare Part D coverage for GLP-1 medications is currently to specific conditions.
Through the LifeMD platform, customers will have access to synchronous medical care, urgent prescriptions and refills, and laboratory services through Quest and Labcorp. This initiative aligns with LifeMD's strategy to diversify payor mix and strengthen recurring revenue streams.
LifeMD (Nasdaq: LFMD), a leading virtual primary care services provider, has announced its participation in the upcoming 24th Annual Needham Virtual Healthcare Conference. The conference is scheduled for April 7-10, 2025, where the company's management team will deliver a corporate overview and engage in one-on-one meetings with potential investors.
LifeMD (Nasdaq: LFMD), a leading virtual primary care services provider, has announced a quarterly cash dividend for holders of its 8.875% Series A Cumulative Perpetual Preferred Stock (Nasdaq: LFMDP). The dividend payment of $0.5546875 per share will be distributed on April 15, 2025, to shareholders of record as of April 4, 2025.
LifeMD (NASDAQ: LFMD) reported strong Q4 2024 financial results with consolidated revenues increasing 43% year-over-year to $64.3 million, driven by a 60% growth in telehealth revenue. The company achieved record quarterly adjusted EBITDA of $9.0 million, up 78% year-over-year.
Key highlights include telehealth adjusted EBITDA increasing 396% to $5.9 million, telehealth active subscribers growing 27% to 275,000, and WorkSimpli subscribers rising 3% to 164,000. The company ended 2024 with over $35 million in cash and improved full-year cash flow from operations by 99% to $17.5 million.
For 2025, LifeMD provided guidance of $265-275 million in consolidated revenue and $30-32 million in consolidated adjusted EBITDA. The company plans to launch Medicare services on April 1 and is preparing to introduce virtual-first behavioral health and women's health specialty offerings later in the year.
LifeMD (Nasdaq: LFMD) announced integration with LillyDirect's pharmacy provider Gifthealth to offer streamlined access to Zepbound® (tirzepatide), Lilly's FDA-approved prescription obesity treatment. The integration enables eligible patients to access single-dose vials at reduced self-pay prices with direct shipment.
Zepbound is the first dual GLP-1/GIP obesity medication approved by FDA. The integration complements LifeMD's insurance-sponsored pharmacy programs, where approval rates for branded GLP-1 therapies are increasing. The company's weight management program has reached approximately 75,000 active patient subscribers as of February 2025.
Through LillyDirect's self-pay pharmacy channel, Zepbound is available in 2.5 mg, 5 mg, 7.5 mg, and 10 mg dose vials. Lilly has reduced prices for 2.5 mg and 5 mg vials and launched new 7.5 mg and 10 mg vial options.