Sunday, January 06, 2019 5:37:19 AM
I've been writing about this company for a long time and saw the early signs that something was about to happen. I don't think you could blame management for failing in hospital automation (in cooperation with Cardinal Health), or their disastrous joint venture (with Verizon and VA Hospitals) in Maryland. CEO Dab never lost faith in their flagship clinical content and Dab kept the company alive despite all losses. So now they're back and this time it seems the market is ready to pick up their products. Don't forget, this was a 100 million dollar company when they started and only lost money. We're at the brink of a new business cycle, artificial intelligence will radically improve clinical outcomes and Visualmed has a full suite of clinical modules that were build on algorithms before anybody had heard of AI based on algorithms. I think they will succeed and this time they will hit it big and be a 100 million dollar company again.
But.....do your own DD.
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