Phreesia Stock Rise
From Motley Fool Feb 2020
Shares of Phreesia (NYSE:PHR) gained 16.4% in January, according to data from S&P Global Market Intelligence . The healthcare software stock gained ground following an announcement that a health services network is integrating the company’s service.
Lee’s Summit Physicians Group announced last month that it had implemented Phreesia’s patient check-in and optional payment services. In a press release, the Missouri-based healthcare services network touted the benefits and convenience offered by Phreesia’s software.
The company provides software-as-a-service (SaaS) applications for healthcare providers that help manage patient intake and payments. It generates roughly 80% of its sales from recurring revenue streams, and customers tend to stick with the company’s services once integrating them.
Read full story From Motley Fool Feb 2020