MCI Onehealth sees better-than-expected Q4 revenue, shares climb

Healwell Al

23/03/2021 19:35

** Canada-based healthcare technology co's  DRDR.TO  shares
up 4.2% at C$2.71 in afternoon trade, set for a second day of
gains
    ** MCI Onehealth reports prelim. Q4 revenue in the range of
C$10.5 mln to C$11 mln  urn:newsml:reuters.com:*:nGNX77GHRr
    ** Sees stronger-than-expected revenue due to factors
including increase in telehealth adoption
    ** Telehealth adoption accounted for over 50% of visits in
the fourth quarter, despite the offering only beginning in the
second quarter of 2020
    ** Continued recovery in government-insured primary care in
MCI Onehealth's clinics also helped - DRDR
    ** Co is expected to releases its Q4 financial results on
March 30 after market close

 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com;
twitter.com/Arundhati_05; +1 646 223 8780 Ext: 2776))