OptimizeRx Corporation reports developments in healthcare technology for life sciences marketing, with updates centered on tools that connect pharmaceutical brands with healthcare professionals and patients. The company’s platform uses EHR-based access, omnichannel activation, the Dynamic Audience Activation Platform, and Micro-Neighborhood audiences to support HCP and direct-to-consumer engagement.
Recurring OptimizeRx news includes product and network launches, programmatic access to EHR advertising, privacy-safe identity resolution collaborations, quarterly and annual results, debt and share-repurchase actions, and board or leadership changes. Coverage also reflects the company’s focus on privacy-compliant audience targeting and campaign measurement across healthcare marketing channels.
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OptimizeRx Corp (Nasdaq: OPRX) announced its CEO, Will Febbo, will moderate a panel on 'Telehealth & Digital Medicine: At a Crossroads of Virtual Care' at the LifeSci Partners Corporate Access Event from January 5-7, 2022. The panel will occur on January 6, 2022, at 8:30 AM ET. Other companies participating include Augmedix, DarioHealth, and LifeMD. Interested viewers must register in advance to access the panel. OptimizeRx's technology solutions aim to help patients start and stay on therapy, connecting over 60% of U.S. healthcare providers.
OptimizeRx Corp (Nasdaq: OPRX) announced that its Evidence-Based Physician Engagement solution has been recognized as one of the most innovative products of the year in life sciences by PM360. The solution utilizes AI-driven technology to assist healthcare providers with real-time insights, aiding in identifying patients needing specific therapies and improving adherence. The platform has seen early success with several enterprise clients onboarded, indicating a growing demand for technology that enhances patient outcomes. This recognition underscores the company's role in innovating healthcare delivery.
OptimizeRx Corp. (Nasdaq: OPRX) has announced internal management changes aimed at strengthening its operational and financial strategy. CEO Will Febbo highlighted a 45% compounded annual growth rate over the past three years and a market cap nearing $1 billion. Ed Stelmakh has joined as CFO and COO, focusing on key performance indicators and scaling operations. Miriam Paramore will transition to an advisory role, having successfully transitioned her responsibilities. The leadership team aims to leverage technology for improved patient health outcomes in the growing digital healthcare market.
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OptimizeRx Corp (Nasdaq: OPRX) announced a remarkable 257% revenue growth, attributed to brand acquisition and product adoption, during the recent Deloitte Technology Fast 500 ranking announcement.
CEO William Febbo expressed confidence in the company’s growth trajectory, emphasizing their position in the digital point-of-care sector. The Deloitte award is a recognition of the top 500 fastest-growing tech companies in North America, showcasing OptimizeRx's robust performance from 2017 to 2020.
OptimizeRx Corp (Nasdaq: OPRX) announced its participation in the Piper Sandler 33rd Annual Virtual Healthcare Conference, taking place from November 22 to December 2, 2021. The management team will engage in presentations available to registered attendees and hold 1x1 meetings through the conference platform. OptimizeRx is known for its point-of-care technology solutions aimed at improving patient engagement and therapy adherence, reaching over 60% of U.S. healthcare providers through its therapy initiation system.
OptimizeRx Corp. (Nasdaq: OPRX) is hosting its second annual Innovate4Outcomes event on December 9, 2021, from 1:00 PM to 4:30 PM ET. This virtual workshop aims to address patient access and support challenges in U.S. healthcare, bringing together pharmaceutical executives, healthcare providers, and advocacy leaders. The event will feature collaborative sessions to develop actionable solutions for systemic healthcare challenges. Notable advocacy groups like I AM ALS and RESOLVE will participate, showcasing their experiences to shape better patient outcomes.
OptimizeRx Corp. (Nasdaq: OPRX) reported a 53% revenue increase to $16.1 million for Q3 2021, compared to $10.5 million in Q3 2020. Year-to-date revenue rose 52% to a record $41.0 million. Gross profit grew 51% to $9.1 million, though gross profit margin slightly decreased to 56.3%. The company achieved a non-GAAP net income of $1.6 million, or $0.09 per share. Cash and equivalents increased to $85.0 million. The number of brands utilizing its solutions rose to 182 from 140 in the previous quarter.