VSee Health, Inc. Stock Price, News & Analysis

VSee Health (VSEE) has partnered with Tele911 to address emergency room overcrowding and EMS staffing challenges. Tele911's solution diverts low acuity 911 calls through telemedicine consultations with board-certified emergency physicians. The partnership leverages VSee Health's telehealth platform to enhance Tele911's operations, which currently serves over 7 million lives across 17 locations in four states.

The collaboration has demonstrated significant impact, saving $28.8 million in healthcare costs from less than 10,000 consultations. Tele911 delivers care in approximately 40 seconds and aims to reach over 10 million lives by the end of 2025. The partnership will enable Tele911 to onboard over 300 new fire and EMS agencies using VSee Health's HIPAA-compliant technology.

VSee Health (VSEE) has partnered with AbundaBox to launch AbundaLife™, a comprehensive health record management platform. The solution consolidates personal health data into a single secure profile, addressing fragmented medical records challenges. Priced at $34 per year per patient, the platform has already secured eight healthcare facilities in its initial rollout.

AbundaLife integrates medical records, lab results, prescriptions, and immunizations, offering improved care coordination, personalized treatment options, and simplified health management. The platform leverages VSee Health's AI telehealth technology to provide telehealth support, clinical reviews, and billing services.

VSee Health (Nasdaq:VSEE) was featured on Bloomberg TV's RedChip Small Stocks, Big Money show. In the interview, co-CEO Imo Aisiku discussed the company's position in the $787 billion telehealth market. VSee's AI telehealth platform processes over 1.5M HIPAA-compliant video encounters monthly and has been deployed in over 50 countries. The company serves major clients including NASA, US Department of Health and Human Services, McKesson, Magellan, DaVita, GE, and Qatar's healthcare system.

VSee Health (Nasdaq: VSEE) invites investors to a webinar on December 3, 2024, at 4:15 p.m. ET. Hosted by RedChip Companies, the event will feature co-CEOs Imo Aisiku, MD, and Milton Chen, Ph.D., showcasing VSee's AI telehealth solutions that enhance access to quality healthcare globally. The presentation will cover VSee's innovative AI telehealth building blocks, which include fast customization, enterprise scalability, and robust security. The co-CEOs will discuss VSee's journey as a newly public company, highlight its telehealth infrastructure approach, and outline key growth strategies, including recent partnerships and initiatives. A live Q&A session will follow. Register here.

VSee Health (Nasdaq: VSEE) and The TeleDentists have partnered to launch the first virtual oral health compliance service on the PointClickCare Marketplace. The integration provides 24/7/365 on-demand licensed dentists to assist long-term care facilities in meeting CMS oral health care requirements. The service addresses a critical need, as 84% of dependent long-term care residents don't receive necessary dental care due to mobility issues, understaffing, and transportation challenges. The solution enables automatic documentation syncing with PointClickCare's platform, reducing administrative burden while improving care coordination.

VSee Health (NASDAQ: VSEE), Health Tech Without Borders (HTWB), and iDocta are expanding their Project VITAL Africa telehealth pilots in Cameroon, following their commitment at the Clinton Global Initiative 2023. The initiative aims to strengthen healthcare systems in conflict-affected regions through telehealth technology and training. Two pilot programs were launched in Yaoundé in early 2024 using VSee Health's platform. The project is now expanding to include more clinicians and technical experts, enhancing services like telehealth, home visits, and pharmacy requests. The initiative targets regions where over 30 million people need humanitarian and mental health support, particularly addressing areas with high maternal mortality rates.

VSee Health (VSEE) reported Q3 2024 revenue of $3.4 million, up 131% year-over-year. Nine-month revenue reached $6.6 million, a 51% increase from 2023. The company secured key partnerships, including Seven Corners Correctional Health and SkywardRx, while launching innovative programs like Aimee virtual healthcare and GLP-1 telehealth. However, the company recorded a significant net loss of $51.8 million in Q3 2024, primarily due to one-time goodwill impairment charges of $55.0 million. Cash position stood at $2.3 million as of September 30, 2024.

VSee Health (NASDAQ: VSEE) has partnered with BabyLiveAdvice to address maternal care disparities through virtual healthcare services. The collaboration aims to support hospitals and FQHCs in maternity deserts by providing end-to-end virtual maternal care services. The initiative addresses the U.S. maternal health crisis, where maternal mortality rates are notably high, especially among Black women. BabyLiveAdvice's platform, powered by VSee Health's technology, offers comprehensive non-clinical care services from pregnancy through postpartum, helping healthcare providers manage staffing shortages while ensuring continuous patient support.

VSee Health (Nasdaq: VSEE) has successfully demonstrated a groundbreaking telehealth initiative in collaboration with the Kwajalein Atoll Local Government (KALGOV) and Kwajalein Atoll Sustainability Laboratory (KASL). The project aims to improve healthcare access for Marshallese veterans who served in the US military and residents of the Kwajalein Atoll.

The initiative utilizes Starlink satellite technology and VSee Health's telemedicine solution to provide virtual doctor consultations aboard a boat ambulance. The demonstration, concluded on July 25, 2024, showcased the sea-going ambulance boat's ability to connect with healthcare professionals on land using a VSee Telemedicine Kit.

This telehealth solution is expected to significantly enhance the healthcare infrastructure of the Kwajalein Atoll, ensuring timely and expert medical consultations for residents in remote locations, including the outer islands with access to trained health personnel.