MONDAY AUGUST 10TH, 2020
HEALTH CARE WEBCAST | TDOC + LVGO MERGER, AMN TRACKER GH CLAIMS, US MEDICAL ECONOMY
WEEKLY POSITION MONITOR UPDATE
On Monday’s Health Care Webcast, we will cover:
- TDOC + LVGO Merger | This week, TDOC used their high multiple stock to merge with LVGO, another high multiple stock. Although an expensive transaction, we like the deal, but for only as long as estimate revision numbers keep moving higher.
- AMN Earnings Result, Tracker | Our Tracker accelerated sharply in the last 2 weeks, providing corroboration for management’s 2Q20 beat and positive outlook for 3Q20. However, the recovery in Hospital Employment and Health Care Labor Demand remain weak.
- GH Earnings Result, Claims | 2Q20 Clinical volume versus our Tracker looks good, but Biopharma declined. On Monday, we will be presenting GH slides from our Genetic Testing Lab Chart Book.
- US Medical Economy | Dentistry continues to lead the recovery. Other specialties, such as Medical Labs, Hospitals, and Diagnostic Imaging Centers, continue lagging.
CLICK HERE to access the associated slides (they will become available shortly before the presentation).