Tuesday, August 15, 2017 10:41:24 PM
NAPLES, Fla., Aug. 15, 2017 (GLOBE NEWSWIRE) -- HealthLynked Corp. (OTCQB:HLYK) today announced its second quarter 2017 financial results. The Company reported revenue of $516,798, and an operating loss of $482,570 that included approximately $125,000 of legal, accounting and other expenses related to our initial public filings and approximately $150,000 of incremental salary and benefits related to the growth of the HealthLynked Network compared with the second quarter of 2016. These results compare with revenue of $502,278 and operating loss of $183,287 in the second quarter of 2016.
Dr. Michael Dent, Chairman and Chief Executive Officer stated, “Naples Women’s Center (NWC), our wholly owned OB/GYN medical practice, had a very strong quarter with $516,798 in revenue compared to last quarter of $476,118 in revenue - a 9% increase.” He continued, “Having NWC has been extremely beneficial to the HealthLynked Network allowing our development team continued feedback from our physician providers and opportunities to gauge patient adoption and utilization of our network. We have also launched sales efforts in three cities in Florida - Orlando, Tampa and Jacksonville. Our initial results are very promising. The Network, its functionality and value it brings are being well received by the physician community.”
About HealthLynked Corp.
HealthLynked Corp. provides a solution for both patient members and healthcare providers to improve healthcare. The HealthLynked Network is a cloud-based platform that allows patients to enter their medical history, medications, allergies, past surgeries and medical records in one secure, convenient, online location, free of charge.
Participating healthcare providers realize benefits that include the ability to see more patients, access more accurate patient information, participate in our telemedicine program, improve patient retention and increase online filling of vacancies especially last minute cancelations using our “real-time appointment scheduling” mobile application. Healthcare providers pay a monthly fee to increase online visibility, recruit new patients, retain existing patients and improve office efficiencies.
For additional information about HealthLynked Corp. visit www.healthlynked.com
Forward Looking Statements
Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements. These forward looking statements involve a number of risks and uncertainties that could cause actual future results to differ materially from those anticipated in the forward looking statements, Actual results could differ materially from such statements expressed or implied herein. Factors that might cause such a difference include, among others, the company's ability to gain new customers, offer new types of services, and otherwise implement its business plan. As a result, this press release should be read in conjunction with the company's filings with the SEC.
Company Contact:
George O’Leary
Chief Financial Officer
goleary@healthlynked.com
Investor Relations contact:
J Charles Assets
Jay Hetrick
Jhetrick@jcharlesassets.com
Source: HealthLynked Corp
© 2017 GlobeNewswire, Inc.
Recent HLYK News
- HealthLynked Announces Fourth Quarter and Full Year 2023 Results Highlighted by 70% Reduction in Net Loss for Q4 • InvestorsHub NewsWire • 04/02/2024 12:00:00 PM
- HealthLynked Announces Exciting New Update with HealthLynked 3.2.0 - Transforming Patient-Care Through Innovation • InvestorsHub NewsWire • 03/26/2024 12:00:00 PM
- HealthLynked Corp Announces Chris Hall as New Chief Technology Officer • InvestorsHub NewsWire • 03/19/2024 12:00:00 PM
- HealthLynked Welcomes David Rosal as New Chief Financial Officer • InvestorsHub NewsWire • 03/13/2024 12:00:00 PM
- HealthLynked Welcomes Garrett Gardi to Its Advisory Board • InvestorsHub NewsWire • 02/28/2024 01:00:00 PM
- HealthLynked and CEO Dr. Michael Dent Featured in Health Documentary "Forever: The End of Aging," Now Available for Streaming • InvestorsHub NewsWire • 01/24/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/11/2024 08:57:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/27/2023 09:05:14 PM
- HealthLynked Unveils Advanced Search Functionality to Improve Patient Care • InvestorsHub NewsWire • 12/13/2023 01:00:00 PM
- HealthLynked Announces Q3 & Year-to-Date 2023 Financial Results, Highlighted by 8% Revenue Growth and Net Income Turnaround • InvestorsHub NewsWire • 11/15/2023 01:00:00 PM
- Introducing the New HealthLynked COVID-19 Tracker: A Comprehensive Tool for the Modern Pandemic Era • InvestorsHub NewsWire • 10/12/2023 12:00:00 PM
- HealthLynked Receives Medicare Shared Savings Net Proceeds from Sale of ACO Health Partners • InvestorsHub NewsWire • 10/09/2023 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/06/2023 08:05:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/06/2023 08:05:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/06/2023 08:05:28 PM
- HealthLynked Announces Patent Filing for ARI: A Revolutionary AI-Powered Healthcare Interface • InvestorsHub NewsWire • 10/03/2023 12:00:00 PM
- HealthLynked Achieves Key Milestone with Final $300,000 Payment from Sale of ACO Health Partners • InvestorsHub NewsWire • 09/05/2023 12:00:00 PM
- HealthLynked Announces Steady YoY Revenue Increase for Q2 & H1 2023, Highlighting Significant Net Income Boost • InvestorsHub NewsWire • 08/15/2023 12:21:37 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:12:45 PM
- HealthLynked Corp. Names Wall Street Veteran Mike Paisan to Strategic Investor Relations Role • InvestorsHub NewsWire • 08/01/2023 12:00:00 PM
- HealthLynked Provides Financial Update • InvestorsHub NewsWire • 06/21/2023 12:00:00 PM
- HealthLynked Unveils Major App Update, Enhancing Personalized Healthcare Experience • InvestorsHub NewsWire • 06/06/2023 12:00:00 PM
- HealthLynked Corp. Announces Appointment of Bill Crupi as Regional Manager of Healthcare Services • InvestorsHub NewsWire • 05/23/2023 12:00:00 PM
- Solid Revenue Growth and Earnings Define HealthLynked's Q1 2023 • InvestorsHub NewsWire • 05/16/2023 12:00:00 PM
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM