HLYK Stock Data

In Florida there is a health-tech startup I’m really bullish about, and it’s not the first time I’ve written about them. You can read my previous piece here. It is an OTC stock that as a sector has seen 70% decreases since the February, 2021 highs. HealthLynked Corp. operates a cloud-based patient information network and record archiving system in the United States. It operates through four divisions: Health Services, Digital HealthCare, Accountable Care Organization/Managed Service Organization (ACO/MSO), and Medical Distribution. The Health Services division provides obstetrical and gynecological medical services to patients; functional medicine focusing on neurodegenerative diseases, such as Alzheimer's, Parkinson's, and multiple sclerosis; and Bridging the Gap Physical Therapy, a physical therapy practice to speed patients' recovery and manage pain without pain medication or surgery. The Digital HealthCare division operates HealthLynked Network, which enables patients and doctors to keep track of medical information via Internet in a cloud-based system; and enables patients to enter a detailed online personal medical history, including past surgical history, medications, allergies, and family medical history. This segment also offers online scheduling function for patients to book appointments with providers. The ACO/MSO division operates an ACO and MSO that assists physician practices in providing care to patients via the Medicare Shared Savings Program; and offers contracted consulting services to healthcare providers and other ACOs. The Medical Distribution Division operates as a virtual distributor of discounted medical supplies selling to consumers and medical practice. The company was incorporated in 2014 and is headquartered in Naples, Florida. The reason I like this company is they appear to have a diversified strategy to grow in an industry that will continue its digital transformation push. The stock HYLK is at 0.28 and down 60% with the penny stock bear market as a whole. I would buy this at the 0.20 mark and hold for a long-term play, or a major swing whichever came first. I think they could be a 1 stock in the next 18 months, with around a 45% chance of that happening. HealthLynked purchased ACO Health Partners in May 2020 and since has seen substantial increases in both shared savings (213% growth this year) and the number of attributed Medicare lives. I like their revenue curve, for startups that’s the most important thing for me to see. Before the micro cap bear market, the stock reached 1.19 in March, 2021. Any Cloud in healthcare type company has the chance of doing really well due to the general trend of the field. The company serves a valuable need in the future of how EMR will work. HealthLynked Corp. provides a solution for both patient members and providers to improve healthcare through the efficient exchange of medical information. The HealthLynked Network is a cloud-based platform that allows members to connect with their healthcare providers and take more control of their healthcare. Their mission is ambitious, that is improving healthcare by the transfer of accurate medical information between patients and their healthcare providers, improving medical practice efficiency, increasing access to quality healthcare, and facilitating accurate medical diagnosis. It’s a huge pain point in patient centric care. As aging populations rapidly need more care in the ‘great resignation’ which meant a lot of retirements and a lower labor pool participation rate, healthcare will continue to be a big deal in the United States in the 2020s and even more so in the 2030s. The stock is basically unknown on Stocktwits. It’s a huge sleeper because after 7 years it’s reaching a more mature level as a company. The historical baseline of the stock in the 5-year chart is between 0.10 and 0.30 yet the company continues to find product-market fit and grow. The new normal is Telemedicine and more of a hybrid approach. For this reason I think intrinsic value of the stock is at least 0.40, even in a micro cap bear market scenario lasting a bit longer. However for risk-mitigation I’d be more comfortable picking this up below 0.20. The stock was 0.80 in May, 2017 shows that it’s fairly volatile and prone to spikes, based on data of short interest API. As of 2021 it has around 30 employees according to its LinkedIn. I don’t recommend getting into the OTC market quite yet, but this is a fabulous exception. According to Crunchbase they have over 5 million in total funding thus far. They are fairly talented in making acquisitions to boost their product. They have even innovated a concept called HealthLynked University. These sorts of innovative endeavors mean that this company is highly likely to be acquired by a bigger player in the space in the next five years. The intersection of Ed-Tech and Health-Tech is going to be highly lucrative. On February 18th, 2021 Healthlynked partnered with Athenahealth market place program. So while the stock price has been plummeting due to the OTC exodus of funds (mostly into crypto), this company has continued to evolve rapidly. You have to think, what if this became the next Doximity? DOCS is a 70 stock. Doximity is an online networking service for medical professionals. Launched in 2010, the platform offers its members curated medical news, telehealth tools, and case collaboration. Under good leadership, Heathlynked could slowly become a similar network. I think in 2022, that’s what might happen. In late September, 2021 Healthlynked launched QwikCheck V2.0, with dynamic linking for healthcare facilities to streaminline check-in and maintain social distancing. So this company has proved it’s innovating in real-time. How many health-tech startups can the same be said for? Let’s say Microsoft was concerned with Doximity disrupting LinkedIn for medical professionals, they could acquire Healthlynked and improve their offering on the health-tech front. There are many possible scenarios, which could impact the stock in the future. Simply when this stock gets out of the OTC it would easily be a much more valuable stock. Perhaps as much as 5x to 10x. If all went well. My conviction level here is relatively high, I consider this a value play in the penny stock realm. So could you pick this up at 0.25? It could be a really good investment. The longer the bear market for OTC and micro cap goes on, the lower these names will fall (regardless of the quality of the company). The micro cap bear market may last as long as the Crypto bull market lasts, so we could be here a while. Keep this in mind with penny stocks in a bear market, aim for longer term bets than you did in 2020. So what’s in it for patients? Members enter their medical information, including medications, allergies, past surgeries and personal health records, in one convenient online and secure location, free of charge. Participating healthcare providers can connect with their current and future patients through the system. This is a Cloud, EMR, Healthcare Education and B2B healthcare network all in one. Cloud so subscription based means steady stream of growing revenue. That means it’s really a micro cap health-tech play. There are multiple ways this could make money, just as Doximity found a sweet spot. That’s all for today guys have a great day or night!