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Onemednet Corporation (NASDAQ: ONMD) |
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Description of Onemednet's Business Segments
Onemednet Corporation is a comprehensive healthcare technology company that specializes in providing a broad array of products and services aimed at enhancing patient care and improving operational efficiency within healthcare settings. Their offerings can be segmented into various categories, each designed to address specific needs within the healthcare industry.
1. Health Information Management
Onemednet provides robust solutions for managing health information that optimize data usage within healthcare organizations. This includes:
- Electronic Health Records (EHR): User-friendly, interoperable EHR systems that facilitate seamless information exchange across different healthcare platforms, ensuring that providers have access to up-to-date patient information.
- Data Analytics Tools: Advanced analytics solutions that allow healthcare providers to derive actionable insights from large datasets, enabling better decision-making for patient care and operational efficiency.
- Clinical Decision Support Systems (CDSS): Tools that integrate with EHRs to provide healthcare professionals with evidence-based clinical guidelines, helping them make informed decisions at the point of care.
Patient Engagement Solutions
Onemednet recognizes the importance of involving patients in their healthcare journey. The company offers:
- Patient Portals: Secure platforms where patients can access their health information, schedule appointments, and communicate with healthcare providers, facilitating better engagement and adherence to treatment plans.
- Mobile Health Applications: User-friendly mobile apps designed to promote patient engagement through reminders for medications, appointments, and educational resources about their health conditions.
- Remote Patient Monitoring: Solutions that enable continuous tracking of patient health metrics outside of traditional clinical settings, using connected devices that relay data to healthcare providers for proactive management.
Telemedicine Services
The shift towards remote care has been accelerated by the need for accessible healthcare solutions. Onemednet offers:
- Telehealth Platforms: Secure, easy-to-use video conferencing solutions that allow healthcare providers to conduct clinical consultations remotely, improving access to care for patients in underserved areas.
- Integrated Telemedicine Workflows: Solutions that streamline the telehealth process within existing healthcare systems, allowing for efficient management of virtual visits, from scheduling to billing.
Revenue Cycle Management
To support healthcare organizations in maintaining financial health, Onemednet delivers:
- Claims Management Solutions: Automated systems to process and track insurance claims, reducing denials and accelerating payment cycles.
- Financial Reporting Tools: Analytics that provide insights into revenue performance, helping organizations identify trends, manage costs, and enhance profitability.
- Patient Billing Solutions: User-friendly billing applications that simplify invoicing processes for patients, fostering better understanding and ensuring clearer communication regarding medical costs.
Clinical Research and Development Support
Onemednet contributes to the advancement of medical research through its dedicated products and services:
- Clinical Trial Management Systems (CTMS): Comprehensive platforms that assist in planning, tracking, and managing clinical trials, ensuring compliance with regulatory requirements.
- Data Management Solutions: Systems designed for the secure and efficient management of clinical data, with a focus on data integrity and accessibility for analysis.
- Participant Recruitment Services: Tools and resources aimed at enhancing the recruitment process, ensuring that clinical trials have an adequate number of participants for valid results.
Consulting and Implementation Services
Onemednet also provides consulting services to assist healthcare organizations in optimizing their operations:
- Strategic Consulting: Expertise in assessing organizational needs and developing tailored strategies for improvement, whether in technology adoption or operational practices.
- Implementation Services: Support in deploying Onemednet products, ensuring seamless integration with existing workflows and training users for maximum effectiveness.
- Change Management: Guidance on navigating the complexities of organizational change as new systems and processes are introduced, focused on ensuring staff buy-in and effective transition.
Summary
Onemednet Corporations wide-ranging offerings address the diverse challenges faced by healthcare providers today. From health information management and patient engagement to telemedicine, revenue cycle management, clinical research support, and consulting services, their solutions are designed to improve patient outcomes, enhance operational efficiency, and support the evolving landscape of healthcare delivery. The integration of technology into healthcare processes is central to Onemednets strategy, making it a pivotal partner for organizations aiming to thrive in a complex healthcare environment.
Composition of Onemednet Corporation Revenues by
Segments |
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| Americas |
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 -30.2 % |
of total Revenue |
| EMEA |
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-1.02 % |
of total Revenue |
| Asia Pacific |
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-3.55 % |
of total Revenue |
Q1 three months ended (Mar 31 2025)
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| Revenues by Business Segments |
Revenues
(in millions $) |
%
(of total Revenues) |
| Americas |
0.12 |
-30.2 % |
| EMEA |
0.00 |
-1.02 % |
| Asia Pacific |
0.01 |
-3.55 % |
| Total |
-0.39 |
100 % |
Q1 three months ended (Mar 31 2025)
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| Revenue Growth rates by Segment |
Y/Y Revenue
% |
Q/Q Revenue
% |
| Americas |
-32.77 % |
- |
| EMEA |
-94.37 % |
- |
| Asia Pacific |
- |
- |
| Total |
- |
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Q1 three months ended (Mar 31 2025)
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| Income by Business Segments |
Income
(in millions $) |
%
(Profit Margin) |
| Total |
-1.90 |
- |
Q1 three months ended (Mar 31 2025)
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| Income Growth rates by Segment |
Y/Y Income
% |
Q/Q Income
% |
| Total |
- |
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Annual Report on Onemednet Corporation Divisions, Sales by Country |
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| Americas |
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76.67 % |
of total Revenue |
| EMEA |
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46.27 % |
of total Revenue |
Twelve months ended 2024
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| ONMD s Annual Revenue by Geography and Business Segments |
Sales
(in millions $) |
%
(of total Sales) |
| Americas |
0.40 |
76.67 % |
| EMEA |
0.24 |
46.27 % |
| Total |
0.52 |
100 % |
Twelve months ended 2024
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| ONMD s Annual Income by Country and Business Segments |
Income
(in millions $) |
%
(Profit Margin) |
| Total |
-10.13 |
- |
Twelve months ended 2024
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| Annual Revenue and Income Growth by Country and Business Segments |
% Y/Y Sales Growth |
% Y/Y Income Growth |
| Americas |
-51.22 % |
- |
| EMEA |
21.61 % |
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| Revenue from Contract with Customer Benchmark Customer 1 |
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| Revenue from Contract with Customer Benchmark Customers |
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| Accounts Receivable Customer 1 |
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| Accounts Receivable Customer 2 |
- |
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| Accounts Receivable Customers |
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| Accounts Receivable Customer 3 |
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