Livecare Stock Price, News & Analysis

LiveCare, Inc. (OTC:LVCE), a leader in telehealth for diabetic testing, has formed a partnership with Snapfōn, enhancing customer communication options. Snapfōn, under Excellus Communications LLC, provides accessible phones and mobile emergency response solutions.

The partnership aims to empower patients in managing their healthcare while simultaneously improving cost efficiency for LiveCare. Snapfōn’s VP, Dan Strandell, emphasized the importance of telehealth in today’s healthcare system, aligning with LiveCare's mission to simplify medical needs for its patients. The collaboration is expected to enhance the telehealth experience for users.

LiveCare Inc. (OTC: LVCE), a leader in telehealth, has engaged Donohoe Advisory Associates for consulting services to facilitate its potential up-listing to Nasdaq. This move aims to enhance exposure and broaden access to retail and institutional investors. However, the up-listing hinges on the company's ability to meet Nasdaq's listing criteria, with no guarantees of success. CEO Max Rockwell expressed optimism regarding the liquidity benefits a Nasdaq listing could provide to shareholders.

LiveCare Inc. (LVCE) announced the launch of its new service, LiveCare Health Seniors At Home, aimed at providing 24/7 monitoring and medical concierge services for seniors. This initiative supports seniors living at home, leveraging advanced technology to enhance their quality of life compared to traditional nursing homes. CEO Max Rockwell emphasized the unique value of this service, focusing on security, dignity, and comfort for seniors and their caregivers. The service is currently in pilot programs, highlighting LiveCare's position as a telehealth market leader.

LiveCare Inc. (OTC: LVCE) reported monthly gross billing exceeding $330,000 for May 2022, reflecting its successful remote patient monitoring model. The company focuses on improving health outcomes for type II diabetes patients through innovative technology and dedicated support staff. CEO Max Rockwell emphasized the company's commitment to helping members achieve better health with real-time interaction and care. LiveCare is also developing additional services to enhance its offerings in the healthcare market.

LiveCare Inc. (OTC:LVCE) completed its fiscal year 2021 PCAOB audit, affirming its position as a leader in remote patient monitoring. The company is experiencing rapid growth, with daily additions to its member base, and aims to reach 8,000 members by the end of 2022. Chairman Jim Dalton emphasizes the importance of health coaches in enhancing member relationships and well-being. Forward-looking statements indicate potential risks and uncertainties that could impact future performance.

LiveCare Inc. (OTC: LVCE) has exceeded its customer acquisition goals, finishing the fiscal year with over 1500 members, surpassing its target of 1000 members. The company is currently adding 500 new members per month, bringing the total to over 2000 members. Additionally, LiveCare is preparing to launch its new service, Seniors At Home, aimed at supporting eldercare in home settings. The company's telehealth services for diabetic monitoring are receiving positive reviews, indicating strong market reception.