The fate of healthcare stocks will depend on our understanding that we need to prioritize our health. No matter how hard we try to escape it, we cannot outrun the naked truth that our health is, above all, the most important aspect of life to make sure is being well-managed. One’s physiological wellbeing is what allows, or restricts, an individual from doing what they love, or taking care of what needs to get done.
Running in tandem with the incredible technology coming out over the past few years has been an onslaught of new diseases and ailments, presenting mankind’s medical experts and professionals with new obstacles for creating treatment options.
Our Health Is Our Future
However, all hope is not lost, for there are companies in the healthcare industry working to develop new approaches to treating humanity’s most complicated contagions. In a recent survey conducted by Forbes, healthcare companies were asked which key technologies will have the most profound impact on the industry in 2019.
Among the answers provided by companies working in pharmaceuticals, biotechnology, medical devices, wearables, and remote patient monitoring, all respondents agreed on the notion that technological advancements will be the key to battling newly discovered infectious diseases.
Multi-Trillion Dollar Industry Providing Massive Opportunity in 2019 & Beyond
There are undoubtedly multiple factors that come into play when examining the fate of the healthcare sector. One of the most important of those is the growing lackadaisical nature of patients afflicted by a myriad of diseases. Ironic as it is, people suffering and in need of medical care would prefer to have medical professionals come to them, be that in a literal sense or via other means. Clearly taking notice from other industries using drones and self-driving cars to ease the lives of consumers, healthcare patients want a similar experience.
While many companies in the healthcare industry have yet to understand how to approach these demands, there are a few companies who’ve not only managed to get their bearings on the matter, but rise to the occasion and spark investor interest.
These Companies Are Leading The Charge To Advance Healthcare
Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) is a Canadian publicly traded company strategically pointed tot are advantage of business opportunities in the global healthcare industry. In an industry wrought with rising costs, inefficient use of resources, and a drastic shortage of primary care physicians and nurses, especially in remote and rural communities, Premier has taken the steps necessary to address these systemic issues and face them head-on.
Healthvue, a subsidiary of Premier Health Group Inc (OTC: PHGRF) / (CSE: PHGI) / (6PH.F), currently boasts a membership ecosystem of over 100,000 active patients and plans to rapidly increase that number on both a domestic, as well as international scale. In recent news, the Company acquired all of the outstanding securities of Cloud Practice Inc, including innovative healthcare technologies such as: Juno EMR (Electronic Medical Record) cloud-based solution, ClinicAid, a medical billing software, and MyHealthAccess, an online patient portal.
Premier Health Group Inc (OTC: PHGRF) / (CSE: PHGI) / (6PH.F is determined to develop innovative approaches to healthcare that combine human skill-based expertise with emerging technologies for the healthcare industry. All in all, investors looking for potential opportunities may want to keep tabs on Premier into the near future.
Primary Care Goes Virtual
Teladoc Health (NYSE: TDOC) is another one of the key businesses in the tech-focused sector of the greater healthcare industry. The Company is focused on increasing global access to primary care by utilizing its virtual care platform. Through the use of Teladoc’s platform, patients need only click a button, and within seconds, they are connected with a primary care doctor.
The Company has revolutionized the age-old concept of house-calls by taking the experience and digitizing it. Patients, through the Teladoc app, will receive advice from certified medical professionals on how to best go about treatment, and can even receive prescriptions while on their virtual visit. Because of this and other factors, they’ve seen their company shares shoot up 32.84% compared to this time last year.
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