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Vitasora Health ( (AU:VHL) ) just unveiled an update.
Vitasora Health Limited has announced an expansion of its services to include Evolent’s rural markets, following the success of its Hawaii pilot program. This expansion is expected to generate an annualized recurring revenue of US$12-US$18 million by targeting 20,000-30,000 patients in 2026 under the Medicare MSSP and Medicare FFS models. The divestiture of Evolent Care Partners to Privia Health Group provides Vitasora with a larger platform to scale its services across multiple states, offering significant revenue opportunities and a pathway to profitability. The integration with Privia Health, which manages approximately 1.5 million lives, represents a major growth opportunity for Vitasora, affirming its position as a partner with leading value-based care organizations.
More about Vitasora Health
Vitasora Health Limited is a leader in AI-powered Connected Care solutions, focusing on Chronic Care Management (CCM) and Remote Patient Monitoring (RPM) services. The company aims to improve healthcare outcomes and provider satisfaction through continuous connected care, with a market focus on expanding its services across the U.S. mainland.
YTD Price Performance: -68.67%
Average Trading Volume: 1,384,725
Technical Sentiment Signal: Sell
Current Market Cap: A$46.83M
For detailed information about VHL stock, go to TipRanks’ Stock Analysis page.