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CareSpan Health (TSXV:CSPN) achieves 60 per cent revenue growth in Q1

Health Care, Sponsored, Technology, The Watchlist
TSXV:CSPN
31 May 2022 13:00 (EDT)

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CareSpan Health (CSPN) has reported financial results for Q1, 2022.

Financial highlights include revenues of US$1.765 million, a 60 per cent increase over Q1, 2021.

The company also more than doubled the number of providers in its network to 103.

Rembert de Villa, CEO of CareSpan Health sat down with Coreena Robertson to discuss the results.

“We aim to help our network providers drive and promote better health outcomes through the combination of RPM and Chronic Care Management.”

“CareSpan has positioned itself to address a significant problem in the U.S. healthcare system: the shortage of primary care and the escalating cost of chronic care. Nurse Practitioners are being recognized by more and more states as an important solution to this problem and CareSpan is one of the few companies to have designed its ‘Clinic-in-the-Cloud’ offering to equip Nurse Practitioners and other clinicians with cost-effective, integrated digital tools necessary to deliver the best care,” he added.

CareSpan is a healthcare technology company that has developed an integrated digital care platform that provides access to care for the underserved. 

CareSpan Health Inc. (CSPN) is down 6.12 per cent on the day, trading at C$0.23 per share at 10:30 am ET.

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