Undervalued stocks that show prospects of improvement are every investor’s dream due to the large amounts of potential capital gain one can make. ISW Holdings is one such stock that shows the potential for expansion and growth in the wake of the coronavirus pandemic. ISW Holdings has recently made inroads into the telehealth segment by announcing its telehealth subsidiary’s licensed commercial birth known as telecare.
ISW Holdings alone has shown the world its rapid potential for growth in its home and healthcare operations. The previous five quarters alone have also shown rapid growth for ISW Holdings. The company’s latest revenue reports showed its revenue to have grown by around $250k, with an annual increase of 79% and a massive growth of 244% in the first quarter.
To put this analysis and this sudden rapid growth into context, it is essential to note the seemingly unstoppable trend towards telehealth, which is now underway. Telehealth has been able to achieve such rapid growth due to the massive and widespread deregulation of the health sector.
Future in Focus
In the wake of the pandemic, there have been widespread societal adaptations of social distancing with an attempt to live life as well. These adaptations are virtual parties, fake crowd noises, empty NFL stadiums, empty cinema halls, and cinema theaters. For many of these industries, it is never going to be the same again.
On the other hand, the healthcare sector has also undergone a permanent transformative evolution, and the healthcare sector has ended up taking a front seat. Regulators have been forced to take a back seat and move forwards towards helping the healthcare sector progress in a qualitative sense. There has been massive governmental deregulation of the health sector, specifically, in Texas, and these deregulations have played instrumental roles in promoting and expanding telehealth.
Telecare is currently a Texas-based home healthcare operation and the operation is highly dependent on Texas’s state for its growth over the next two quarters. There are also reports that Texas is preparing itself to become the pioneer in telehealth operations, and the state is planning to push the adoption of telehealth through the adoption of a parity payoff incentive and that the state hasn’t seen the same level of support elsewhere.
Most investors have started to notice the widespread deregulation surrounding the telehealth sector, and there is the chance that investors will also see ISW Holdings, a small-cap stock trading on the OTC.
Telecare is a Texas-based home healthcare operation that leverages on multiple things. The operation uses digitally coordinated intake and care management systems to synchronize home-based whole patient care. The process proves to be successful by stripping out unnecessary costs, unnecessary contact, and unnecessary delays and not to mention the inconvenience many consumers face.
Since the COVID-19 outbreak, Texans have worked on expanding and improving their telehealth operations. They are also working on steps to improve the availability to help Texans take advantage of the healthcare services they need. There has also been an increase in the number of individuals opting for telehealth facilities, and the new agreement with the telehealth health insurers will also further encourage individuals to keep using telehealth options where possible.
Telehealth has become one of the essential growing innovations, and the telecare platform is built, such as becoming the key player in the telehealth sector. Telecare is working towards improving its service and removing the superfluous steps in between that can connect the patient to healthcare providers, care protocols, and home health caretakers into a single place that can help minimize costs and help deliver the highest standards of whole person home-based care.
The telecare referral intake process is also fully electronic, with all the pipeline steps being conducted electronically. These steps include opening a client relationship, coordinating care with the providers, recording all consents, assigning a home health caretaker, and arranging a site visit within 12 hours to begin the full care assessment within 24 hours.
The Battle Nears
There is also a conversation about a looming fight between healthcare providers where the health plans want the reimbursement rates to drop for telehealth providers due to the cost savings they make while employing a virtual program.
Advocates for telehealth, however, argue that there needs to be a sufficient incentive to lure in investors to bring in capital for the telehealth sector’s growth and development. Increased incentive means positive behavior that can support the growth of telehealth. Most private investors have already demonstrated a willingness to invest and explore the prospects of the telehealth sector.
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