AMN Healthcare Services, Apollo Medical Holdings, Inc and LifeMD, Inc

For Immediate Release

Chicago, IL – January 17, 2022 – Today, Zacks Equity Research discusses AMN Healthcare Services AMN, Apollo Medical Holdings, Inc. AMEH and LifeMD, Inc. LFMD.

Industry: Medical Services

Link: https://www.zacks.com/commentary/1851984/3-medical-services-stocks-to-buy-despite-near-term-industry-woes

Since the onset of the COVID-19 crisis, with digital healthcare treatment becoming indispensable, the medical services industry has been witnessing significant demand for telemedicine-focused online medical and AI-powered technology services. Companies in the remote healthcare space have seen their stocks rally amid the economic volatility. AMN Healthcare Services, Apollo Medical Holdings, Inc. and LifeMD, Inc. are a few such stocks. The resurgence of COVID-19 cases has dealt a blow to the manual workforce and healthcare infrastructure as patients are once again deferring their non-essential procedures and hospital stay.

At the same time, with the highly contagious Omicron variant leading to rising COVID hospitalizations, hospital staffing shortages are being reported across the nation disrupting healthcare services. Further, COVID-19 has taken a staggering toll on the National Health Expenditure (NHE) plan, resulting in a massive commotion in terms of health care spending, utilization and employment trends.

Industry Description

The Zacks Medical Services industry comprises third-party service providers and caregivers appointed by core healthcare companies for economies of scale. The industry includes pharmacy benefit managers (PBM), contract research organizations (CRO), wireless MedTech companies, third-party testing labs, surgical facility providers, and healthcare workforce solutions providers among others.

Over the past years, this industry has strategically moved from volume- to value-based care. This changing pattern of care calls for advanced facilities, thus increasing the need to appoint specialized external service providers. With the growing importance of effective healthcare management, the medical service industry has become an integral part of the modern healthcare system.

5 Trends Shaping the Future of the Medical Services Industry

COVID-Led Procedure Disruption: The fast-mutating SARS-CoV-2 has raised questions about the sustainability of the ongoing economic rebound. Seeing the recent resurgence of cases nationwide in the form of Delta and Omicron, the non-COVID healthcare infrastructure is once again in the soup leading to a significant drag in their revenues.

At the same time, with continued COVID-19 led hospitalization, hospitals are currently running at excess capacity leading to enormous staff shortages. According to a Medical Device and Diagnostic Industry (MD+DI) report, the American Nurses Association recently reported to the Department of Health and Human Services that nursing shortages are being reported all over the country. MD+DI, in another report dated Jan 4, stated that “compared to a year ago, on average, about 16% of nurses and 12% of allied health professionals have left the respondents’ respective facilities.”

Disruption in Healthcare Spending: Going by a Health Affairs report, CMS’ annual update to the National Health Expenditure Accounts (NHEA), released in December 2021, clearly showed that NHE increased 4.6% in 2019, showing a relatively stable trend of annual growth since 2016. However, this consistency was upended by COVID-19 beginning March 2020, resulting in massive short-term health sector spending and employment disruptions.

Digital Revolution Amid the Pandemic:

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Inside the healthcare facility of the upcoming: Connecting Care with a Objective

The magnitude of COVID-19 has challenged us to mirror on what the healthcare facility of the potential will be. It has brought us the notion of a networked health care system where by care is delivered at numerous options based mostly on severity: ICUs, health and fitness hubs in the local community, and remote monitoring at household.

Dr Peter Ziese, MD, PhD, Head of Healthcare Approach and Innovation, Philips, collectively with Dr Quek Sin Lat, Main Government Officer, Ng Teng Fong Standard Medical center, and Dr Ronnie Ptasznik, Plan Director, Monash Wellness Imaging Monash Medical center, expanded on this at a latest HIMSS APAC 2021 keynote session ‘Inside the healthcare facility of the future’, moderated by Ivy Lai, Nation Supervisor, Philips Singapore.

3 crucial points talked about at the keynote session:

Virtual treatment and the position of hospitals in the long term

Digital transformation towards a networked health care program can alleviate health care troubles. The panelists shared that foreseeable future-proof hospitals ought to recognise that healthcare shipping will not be centred in hospitals, but in the community. Hospitals will be but one particular of a lot of nodes of treatment in the neighborhood, and as a result desires to have technological infrastructure to share facts in just the ecosystem for significant affected person care.

Digital wellness teaching and adoption

The expectation for clinicians to be knowledge experts would acquire their time away from sufferers. Therefore, health care leaders should really be inspired to reexamine the latest procedures and expectations to put into action safe and sound and efficient electronic well being transformation. Hospitals need to have to commit in technologically savvy expertise that can mature the hospital’s digital abilities whilst technological innovation this sort of as EMRs should be designed uncomplicated and workable more than enough for most clinicians in public provider.

Enhancing information integration and management  

Facts integration is essential for successful virtual care shipping and delivery exterior the clinic. We ought to handle the significance of details standardisation and reasonable knowledge aggregation to permit clinicians to entry patient details in a well timed manner as very well as combining AI know-how and eICU to supply extra predictive and efficient treatment, and much better patient results.

Aside from the keynote session, Philips’ Vice President, Enterprise Leader Clinical Information Providers, Elad Benjamin also shared his watch on the matter ‘Healthcare informatics: Illuminate a new route via the care continuum’ with HIMSS Television. All through this job interview, Elad outlined that deficiency of built-in, interoperable, and safe harmonised systems are the major issues in digital transformation. He has also witnessed a remarkable uptick in distant affected individual administration, dwelling treatment, remote surveillance. All of these are going through important variations in the final few of many years, in particular all through the pandemic. Consequently, Philips’ job is to elevate the over-all treatment as a result of its substantial portfolio of conclusion-to-conclude solutions that empower our healthcare partners utilizing Huge Facts and Synthetic Intelligence (AI) as the future of

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Why Healthcare Personnel Are at Their Breaking Place

Healthcare personnel at at their breaking point.

Supply: Tima Miroshnichenko/Pexels

Back again in December 2020, I wrote an short article on Psychology Right now about receiving my to start with COVID-19 vaccine even though doing the job on the frontlines of the pandemic. I was hopeful that the vaccination would be the beginning of the finish. I could overcome the very small thrill of terror that gripped my coronary heart every time I crossed the threshold of a patient’s place. I could commit much more attention to taking care of my clients and their family members users. Ultimately, I considered, everything would return to normal.

Of system, that in no way transpired. My hope bit by bit ebbed away as the pandemic became more polarized, and the surge of vitriol and viral variants appeared to guarantee that there would be no close in sight. I viewed in disgust as a politician when compared mask mandates to the Holocaust. I shook my head as nameless Online commentators ridiculed unvaccinated people who experienced died from the illness. Continue to, I have been buoyed by the selflessness, bravery, and ingenuity among the my colleagues in health care and the sciences.

I have considering the fact that improved hospitals and eventually entered into the specialty that I have aspired to due to the fact professional medical faculty, but I are not able to escape the specter of the pandemic. Past month, the hospital’s intensive treatment unit asked our staff to appraise a patient who was more youthful than I was. His body experienced endured the total brunt of the virus, which, without the tempering effects of the vaccine, experienced ravaged his lungs. I by no means experienced a chance to talk to him in man or woman, as he was currently intubated by the time that I had joined his procedure group.

As I examined the patient’s physique, bloated from intravenous fluids, I listened to the playlist of his preferred tracks in the qualifications. At that second, I understood that he would most likely never get pleasure from the seem of music yet again or acquire one more breath of his very own volition.

I identified as the principal workforce. I mentioned, “You do know whichever I advise almost certainly would not support?”

They replied, “We know, but he is so young, and he has young children. If there’s even the slightest possibility that this could assistance, we want to do anything attainable.”

The individual handed absent two weeks later on.

Because then, the problem in our medical center has turn into direr than ever. In Chicago, the proportion of offered ICU beds dropped even reduced than the worst of the Fall 2020 surge. Moreover, as we enter into the 3rd 12 months of the pandemic, wellbeing treatment workers are finding themselves at their psychological and emotional nadir.

Even though milder than Delta, Omicron just lately ripped via the community and the healthcare workforce. The Facilities for Illness Well being and Prevention responded by

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SCOTUS Lifts Preliminary Injunctions on Healthcare Employee Vaccine Mandate

On January 13, 2022, the United States Supreme Court docket upheld the Facilities for Medicare & Medicaid Providers (“CMS”) Interim Last Rule (the “Rule”) in a 5-4 final decision, being the preliminary injunctions issued for 24 states by the District Courts for the Japanese District of Missouri and the Western District of Louisiana.  Thus, the CMS vaccine mandate is in whole influence for all states other than Texas, which was not part of the circumstances right before the Court.  The Rule calls for approximately all employees at Medicare- and Medicaid-licensed facilities—whether health care personnel, volunteers, janitorial staff members, or even contractors who provider the facilities—to be entirely vaccinated towards COVID-19 until they qualify for a professional medical or religious exemption.

The Courtroom centered its holding on two principal factors.  Initial, the Court docket held that Congress plainly licensed CMS to set circumstances on funding it supplies to the Medicare and Medicaid certified amenities.  The Courtroom opined that potentially CMS’s “most basic” function is to guarantee that controlled amenities shield the well being and basic safety of their people, noting that Medicare and Medicaid people are frequently some of the most susceptible to an infection and loss of life from COVID-19.  Simply because CMS determined that a vaccine mandate is essential to defend client overall health and basic safety, the Courtroom held the mandate “fits neatly inside the language of the [authorizing] statute.”  The Courtroom acknowledged that CMS has never ever essential vaccinations in the earlier, but attributed this in portion to the simple fact that states typically already need needed vaccinations like hepatitis B, influenza, and measles for health care workers.

2nd, the Court held that the mandate is not arbitrary and capricious, and cautioned the district courts that their purpose is merely to make guaranteed an agency functions in the “zone of reasonableness.”  The Courtroom identified the administrative document adequate to demonstrate CMS’s rationale for the mandate and also acknowledged that receiving the vaccine mandate in area in advance of winter and flu season pleased the “good cause” conventional for skipping the notice and comment time period.

Health care businesses matter to the Rule need to straight away start off applying vaccine requirements if they have not presently.  It is expected that in all states but Texas, CMS will most likely start off enforcement of the vaccine mandate in about 30 times.  On December 28, 2021, CMS produced advice to state surveyors with enforcement specifications to use starting 30 days from the memo, though at the time the memo only applied to the 25 states that had been not enjoined.  Healthcare employers really should also keep in intellect that this is not the conclude of the street: the Court’s holding only implies that the CMS vaccine mandate is in drive while the 5th and 8th Circuits finish their overview of the underlying condition challenges to the mandate.  While the Supreme Court’s feeling sends a solid concept that reduced courts should uphold the mandate, there is no promise they will

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Abortion Treatment Is Healthcare and Have to Be Bundled in Clinical Curricula

Without having enough teaching, U.S. physicians are woefully unprepared to have nuanced conversations on the ethics of abortion on a national stage, and deficiency the understanding necessary to objectively discuss abortion treatment with sufferers.

Abortion has been a critical political and often partisan concern for the last 50 many years. Guidelines that request to prohibit entry to abortion typically include misinformation that can discourage patients from seeking care. Educating health experts on abortion care is a strong strategy of blocking the politicization of health-related care this kind of as abortion access, but abortion training is severely underneath-emphasized in health care curricula. By failing to educate medical learners on abortion, the healthcare institution proficiently contributes to the ongoing politicization, restriction and stigmatization of abortion treatment in the U.S. 

As next-12 months professional medical learners, we have advocated for the inclusion of primary contraceptive and abortion treatment in our curriculum. Abortion care encompasses a spectrum of distinctive kinds of professional medical treatment, from affected individual counseling, to treatment choices and surgical abortion methods. Of 118 1st- and 2nd-yr healthcare students at our institution surveyed, 38 p.c report they had obtained no intercourse education and learning or abstinence-only intercourse schooling ahead of professional medical faculty. On prime of the sparseness of professional medical teaching on reproductive care, above a 3rd of these upcoming medical professionals have tiny to no basis of information on harmless sex procedures and contraception—let alone abortion care or pregnancy possibilities and counseling.

Inspite of the American College of Obstetricians and Gynecologists (ACOG) recommending the inclusion of abortion instruction in clinical faculty, a countrywide study of health-related school plans in 2005 discovered that 23 per cent offered no formal instruction on abortion. Of all those that did offer education, 32 percent only experienced a person abortion-similar lecture during the medical several years. 

Abortion schooling is often optional due to immense legislative and institutional barriers—meaning a lot of colleges are teaching medical professionals to exercise drugs with no the scientific qualifications to supply proof-centered care. We would by no means let an internist to handle a patient’s diabetes with no comprehension the physiology sexual wellbeing really should not be any distinctive. Without suitable schooling and schooling, our nation’s doctors are woefully unprepared to have nuanced discussions on the ethics of abortion on a nationwide phase, and absence the information expected to objectively treatment for sufferers desiring to go over abortion as an alternative.

To be positive, it is unreasonable to anticipate all health care college students to be potential abortion companies, or to individually agree with the method. On the other hand, a core teaching of proof-based medication is that we should entirely know the dangers and positive aspects of any professional medical procedure and discuss people alternatives with all our people. For illustration, medical students are expected to find out about complicated problems these types of as opioid prescription. Although opioid dependency is a massive trouble in the U.S, there are also cases when responsible opioid prescription is ideal.

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Governor Hochul Announces Immediate Payments to Healthcare Personnel as Aspect of $10 Billion Healthcare System

Governor Kathy Hochul nowadays declared a $10 billion multi-year investment in healthcare, the biggest in State history, to rebuild and improve the healthcare workforce and fortify the health care system as element of the 2022 Point out of the Point out. The approach will commit $10 billion in New York State’s healthcare sector, such as more than $4 billion to help wages and bonuses for healthcare workers, and will invest in the healthcare workforce progress pipeline to satisfy the present and escalating demand for clinical industry experts.  

“From the really commencing of the pandemic, New York’s healthcare personnel have been on the entrance lines,” Governor Hochul mentioned. “We ought to quit the existing hemorrhaging of health care workers, and we require to not just say we owe them a credit card debt of gratitude, but actually pay back them the financial debt we owe. The well being of every New Yorker is dependent on a potent, secure, and equitable healthcare process, and health care personnel are its extremely foundation. With the major at any time expense in healthcare, we will keep, rebuild, and mature our health care workforce and guarantee we deliver the optimum quality healthcare for New Yorkers.”  

The pandemic has dramatically exacerbated health care workforce problems, impacting the working experience of our essential staff as effectively as entry to large top quality treatment for New Yorkers. As of June 2021, New York’s healthcare workforce was continue to 3 p.c underneath pre-pandemic levels, and 11 percent down below the place it would need to have to be by the conclusion of 2022 to keep up with pre-pandemic projected desire.

Make a $10 Billion Investment decision in Our Healthcare Sector and Assist Wages for Personnel

New York’s vital well being and human expert services employees have witnessed us as a result of a once-in-a-century community health and fitness disaster and turned our point out into a design for battling — and beating — COVID-19. But a lot of of these personnel are still earning a wage considerably beneath what they need to sustain a house and a reasonable quality of existence.

To increase New York’s health care workforce by 20 % in excess of the subsequent 5 a long time, Governor Hochul will make a $10 billion, multi-calendar year financial commitment in health care, which include much more than $4 billion to aid wages and bonuses for health care staff.

Crucial components of this multi-year investment involve:

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  • $2 billion to guidance healthcare wages
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  • $2 billion to help health care and mental hygiene employee retention bonuses, with up to $3,000 bonuses heading to total-time staff who keep on being in their positions for one 12 months, and professional-rated bonuses for all those doing the job fewer several hours
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  • $500 million for Value of Residing Changes (COLAs) to assist raise wages for human products and services employees
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  • $2 billion for healthcare money infrastructure and improved lab potential
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  • Other investments in workforce and healthcare access and supply
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