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Think Research Corporation V.THNK

Think Research Corporation is a Canada-based company that offers digital health software solutions. It is a provider of cloud-based data, knowledge, and software solutions primarily delivered as software-as-a-service (SaaS) to healthcare delivery systems and the practitioners that they support. Its operations are organized into three lines of business: Software and Data Solutions, Clinical Research, and Clinical Services. Its SaaS solutions help patients find, navigate, and connect to health services across large governments and payer clients, while also ensuring safety for prescribed medications at pharmacies. Through its wholly owned subsidiary, BioPharma Services Inc., the Company provides research data and analysis derived from Phase I clinical trials, bioequivalence studies and bioanalytical services. Its clinics act as a test bed for its software and technology, transforming them with digital solutions that optimize clinical outcomes, streamline workflows, and optimize billing.


TSXV:THNK - Post by User

Comment by dt_coreon Mar 07, 2024 7:14am
60 Views
Post# 35919851

RE:RE:RE:RE:RE:Big Telus Health win = More Reasons for them To Buy THNK

RE:RE:RE:RE:RE:Big Telus Health win = More Reasons for them To Buy THNKI'm by no means an expert on the decision making authority throughout the health network, but Ontario Health generally sets guidelines that members typically follow. Also Ottawa Hospital is a teaching institution affiliated with the Unniversity of Ottawa. Having said that I think horseshoefalls is correct in the difference highlighted between the Telus mandate and that of CloudMD.

The Ottawa Hosiptatls annoncement was a nice win for CloudMD which much like THNK has had a rough go over the past few years. Fortunately CloudMD has made good progress towards becoming profitable and regaining it's footing (can't say the same about THNK). I've considered adding it to my holdings but I'm just monitoring for now. I've become increasingly cautious of companies with very poor Glassdoor ratings which both THNK and CloudMD have. If management can provide a Q4 beat and strong guidance when they report then I'll gain more confidence in the story.
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