Why OneMedNet Stock Is Soaring
Portfolio Pulse from Erica Kollmann
OneMedNet Corp. (NASDAQ:ONMD) shares surged by 128% following the announcement of a significant expansion of its iRWD network and platform. The company has entered into new network partnership agreements, including one with a nation-wide medical records custodian, resulting in a network of 1,402 healthcare system and provider partner sites, 31 million patients, and 121.4 million clinical exams. This expansion represents substantial year-to-date growth in partner sites, patients, and clinical exams.
May 23, 2024 | 4:25 pm
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OneMedNet Corp. shares surged by 128% following the announcement of a significant expansion of its iRWD network and platform. The company has entered into new network partnership agreements, including one with a nation-wide medical records custodian, resulting in a network of 1,402 healthcare system and provider partner sites, 31 million patients, and 121.4 million clinical exams. This expansion represents substantial year-to-date growth in partner sites, patients, and clinical exams.
The significant expansion of OneMedNet's iRWD network and platform, along with the new partnership agreements, has led to a substantial increase in the company's network size and capabilities. This positive development has driven heavy trading volume and a sharp increase in the stock price.
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