Once actual revenue numbers start getting thrown around; ehealth is going to get the same run up that medical cannabis got 2-3 years ago. Except there is no legal grey area, they will have the full support of the government and they will all be making real money.
The likes of mdr, hot doc and heath engine all have a market cap or valuations >$100m. The practitioner numbers have been a bit ambiguous (apples to oranges) but HE could sweep in and essentially double their market share by acquiring 1ST for 20% of their current valuation (including legal fees!).
This space is going to get heated with a limited number of public companies operating. ehealth was only put on the fire a month ago. Wait till we hit boiling point.
Ann: Quarterly Update, page-102
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