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SHL TELEMEDICINE LTD

shl-telemedicine.com

What Do They Do?

Provides remote cardiac monitoring and telemedicine services, and personal ECG systems for individuals, health insurers, healthcare providers and institutions.

Who Are Their Customers?

In Israel, individuals buy cardiac monitoring directly, while Mediton serves institutions and payers; German health insurance funds contract for services provided to insured patients. In the U.S., SHL sells SmartHeart to consumers and healthcare business customers, engaging directly with consumers and with healthcare facilities and providers.

Do Revenues Turn Into Profits?

No. It lost $27.8M in .

Operating income,
36% of revenue
▲ +2% vs ($20M, 35%)
Net income,
−49% of revenue
▲ +305% (Loss) vs (−$6.9M, −12%)

Who Do They Compete With?

Competes with Natali, Monitor, LMS, MPT, Cardiomedix, Femi connecting healthcare, Shemer Medical Institute, Philips Medical Systems, Teladoc, Otto Group – Medgate, Vitaphone, Teleclinic, 4 sigma, MD-Medicus, GE Healthcare, Medtronic, Boston Scientific, and Heartbeam

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