What company owns doximity?
Doximity
| Type | Public |
|---|---|
| Founded | June 2010 |
| Headquarters | San Francisco, California |
| Key people | Jeff Tangney, CEO (co-founder of Epocrates) |
| Revenue | US$206.897 Million (Fiscal Year Ended 31 March 2021) |
Is doximity a good investment?
An impressive 99% of Doximity’s hospital clients renewed their telehealth agreements this year and upselling additional services has been a breeze. The company reported a net revenue retention rate of 171% during its fiscal third quarter. Doximity’s hospital clients are coming back for more in 2022.
What kind of company is doximity?
The professional medical network for physicians. Doximity is the largest community of healthcare professionals in the country – with over 80% of U.S. doctors and 50% of all NPs and physician assistants as verified members.
What is Doximity used for?
An online professional networking platform that allows physicians, nurse practitioners and physician assistants to find each other and communicate without violating privacy laws.
How does Doximity make money?
Marketing solutions Most company revenue comes from marketing or advertising fees that Doximity charges to interested parties. Most of these are pharmaceutical companies and hospitals that want to use the platform to market their brands to millions of healthcare professionals.
Can you buy Doximity stock?
Buy Doximity shares from these brokerages Trade stocks in the app or online with $0 commissions.
How high will Doximity stock go?
3.1 Earnings and Valuation Earnings for Doximity are expected to grow by 33.93% in the coming year, from $0.56 to $0.75 per share.
How many shares of Doximity are there?
191.31 million shares
Doximity has 191.31 million shares outstanding. The number of shares has increased by 140.04% in one year.
How many physicians use Doximity?
Doximity is used by 1.8 million medical professionals in all of the top 20 hospitals and health systems, according to a May 28 CNBC report. The platform has more than 600 subscription customers, including 200 that spent $100,000 in fiscal year 2021.
Does Doximity cost money?
While using Doximity is free, its software licensing, customization and maintenance costs can run up to $12,000 per user, per year for the basic software licensing package. Just the EMR — Electronic Medical Records — subscription costs around $500 per month.
Do doctors like Doximity?
Similar to calling a patient from any location, doctors love Doximity because it also allows them to send a fax from any location. Through the Doximity mobile app, doctors have access to a free, electronic fax number and can use it to send HIPAA-secure faxes.
Why is Doximity going down?
What happened. Shares of Doximity (DOCS 5.46%) fell 10% on Wednesday after the digital networking platform for medical professionals delivered an earnings report on Tuesday, and forecast a revenue range for its current fiscal quarter that was below Wall Street’s expectations.
Is Doximity profitable?
Doximity brought in revenue of $116 million in 2019 and revenue grew 78% to reach $207 million in 2020. The company is profitable, bringing in $30 million and $50 million in net income in 2019 and 2020, respectively.
Should I sell my Doximity stock?
There are currently 1 sell rating, 2 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “buy” Doximity stock.
Why is Doximity stock falling?
Who is the CEO of Doximity?
Jeff Tangney (Jul 2010–)Doximity / CEO
How much does Doximity app cost?
Did doximity go public?
The company sold 23.3 million shares for $26, above its initial share price between $20 and $23 per share, and raised nearly $606 million in its initial public offering (IPO). Doximity opened at $50 per share Friday morning.
Is doximity public?
What went wrong? Doximity has released two earnings results since going public. The first one was for the first quarter of fiscal 2022 (period ending June 30, 2021), where it reported sales of $72.7 million which doubled the prior-year period’s total.
Does Doximity grow?
Doximity is a targeted social media platform with approximately 80% of all U.S. providers, including doctors, nurse practitioners and physician assistants. The company counts the top 20 hospitals and top 20 pharma companies as customers and grew revenue by 66% to $344 million in fiscal 2022 ending March 2022.
Who are the members of Doximity?
The company’s network members include over 70% of U.S. physicians across all specialties and practice areas. Doximity provides its verified clinical membership with digital tools built for medicine, enabling them to collaborate with colleagues, stay up to date with the latest medical news
What is Doximity and how does it work?
Doximity allows you to call patients using your cell phone, while displaying your office number. Call patients privately, without *67. And 50% of all NPs and physician assistants as verified members. Aside from the iPhone, there’s never been a piece of technology adopted by clinicians as quickly as Doximity.
Why choose Doximity over dialer?
Our users love Dialer. Doximity allows you to call patients using your cell phone, while displaying your office number. Call patients privately, without *67. And 50% of all NPs and physician assistants as verified members. Aside from the iPhone, there’s never been a piece of technology adopted by clinicians as quickly as Doximity.