7investing Lead Advisor Dana Abramovitz’s recommendation for October 2022 is a technology company that puts physicians first.
October 1, 2022
Technology is supposed to make the everyday things we do a little easier. But when the technology doesn’t fit our workflows, it is more encumbering than it is useful.
7investing Lead Advisor Dana Abramovitz’s recommendation for October 2022 is a technology company that has built technology around physicians. It takes the best of technologies we have for general use but designs them to work with physician workflows, making health care providers work more efficiently and helping to reduce physician burnout.
Technology is great. When it works. Sometimes technology that is designed to be helpful, is actually a burden if it doesn’t fit into our workflows and I’m sure I’m not the only one who’s given up.
Hi, I’m Dana Abramovitz, 7investing Lead Advisor. We’re here to empower you to invest in your future by giving you our 7 best stock recommendations every month.
My recommendation this month is a health care technology company that puts physicians first and designs technology to work with physician workflows. It takes some of the best practices from some of the most prominent technology companies and caters to health care providers. As a result, the company has over 1.8 million physicians in the US and across all medical specialties and seeing a 46% growth rate in subscription revenue and enjoys a 139% net revenue renewal rate and has some of the best margins I’ve seen in the industry. As physician burnout becomes even more prominent, this company is well positioned to be a source of relief and therefore attract even more customers.
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