Latest news with #Telecare
Yahoo
a day ago
- Business
- Yahoo
Why Teladoc (TDOC) Stock Is Trading Up Today
What Happened? Shares of digital medical services platform Teladoc Health (NYSE:TDOC) jumped 3.7% in the afternoon session after the company announced its acquisition of Telecare, an Australian virtual care provider, to expand its international footprint. The strategic acquisition of Telecare, an Australian virtual care provider, bolsters Teladoc's international presence, adding over 300 specialists across 30 specialties to its network. While the company stated the deal, which closed on August 8, is not expected to significantly impact its 2025 financial results, it strengthens its foothold in the Australian market where it has operated for over a decade. After the initial pop the shares cooled down to $7.59, up 4% from previous close. Is now the time to buy Teladoc? Access our full analysis report here, it's free. What Is The Market Telling Us Teladoc's shares are extremely volatile and have had 42 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 2 days ago when the stock gained 8.8% on the news that markets continued to rally as the latest inflation data reinforced expectations for a Federal Reserve rate cut as soon as September. The latest Consumer Price Index (CPI) report for July showed inflation holding steady, reinforcing market expectations that the Federal Reserve could begin cutting interest rates as soon as September. Lower interest rates generally stimulate the economy by making borrowing cheaper for consumers and businesses. This can lead to increased consumer spending and e-commerce activity, which directly benefits online retail and marketplace companies. The positive economic outlook fueled a broad-based rally, pushing the S&P 500 and Nasdaq to new record highs and lifting most growth-oriented technology stocks. Teladoc is down 20.2% since the beginning of the year, and at $7.59 per share, it is trading 47% below its 52-week high of $14.33 from February 2025. Investors who bought $1,000 worth of Teladoc's shares 5 years ago would now be looking at an investment worth $37.04. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
Yahoo
18-03-2025
- Health
- Yahoo
‘A systematic failure': She was killed outside a Tacoma shop as a clerk's mental health spiraled
The estate of a woman killed outside a convenience store in downtown Tacoma has filed a wrongful death lawsuit that claims law enforcement, a mental health provider and the business negligently enabled the alleged assailant — a store clerk who long struggled with severe mental illness. Odessa Easterlin, 37, was fatally stabbed outside Candy Market, located at 767 Market St., on April 30, 2022. The suspect, 55-year-old Abdelhakim Choubabi, was charged with first-degree murder but the case was later dismissed after a judge found him mentally incompetent to stand trial. The lawsuit, filed March 6 in Pierce County Superior Court, laid out a series of alleged failures that it said led to Easterlin's murder as it accused Tacoma police, mental health provider Telecare Corporation, a Telecare employee and Candy Market of negligence. 'Ms. Easterlin's death could absolutely have been prevented,' attorney Brett Beetham, who's representing Easterlin's estate, said in an interview Monday. Telecare, which had treated Choubabi shortly before Easterlin's death, extended sympathies to Easterlin's family and loved ones but said it could not comment on an ongoing legal matter. 'However, we can reiterate our mission to deliver excellent and effective behavioral health services that engage individuals with complex needs in recovering their health, hopes, and dreams,' Telecare spokesperson Daphne Phillips said. 'Our staff and teams remain focused on respectfully serving our clients — people who suffer from complex and challenging mental health issues — in the Tacoma community.' The city of Tacoma declined to comment on the lawsuit, citing its practice of not publicly addressing pending litigation. Messages left for Candy Market, using contact information available in public records, were not returned. Choubabi was accused of stabbing Easterlin in the stomach with a large Samurai-type sword as she sat outside on the ground. He had claimed that Easterlin shoplifted and then hit him in the back of the head after he followed her outside, prompting him to return inside the store for the sword, charging documents show. Beetham said store footage from the day of the killing refuted Choubabi's statements, revealing that Easterlin didn't shoplift and had no sort of interaction with the clerk. Choubabi was diagnosed with paranoid schizophrenia as early as 2004 and had been treated several times over the years for the illness, including after allegedly stabbing his pregnant wife and two others in 2003, according to the lawsuit. He began working at Candy Market around 2017, the suit said. It claimed that store ownership was aware of Choubabi's mental health problems and should not have allowed him to work unsupervised nor kept a sword behind the cashier's counter. At the time of Easterlin's killing, Choubabi's mental health was in rapid decline, culminating in three roughly week-long commitments at three mental health clinics in April 2022 to treat auditory and visual hallucinations, the suit said. He reported hearing commands from Satan to hurt people, according to the suit. Ten days before Easterlin was killed, and after Choubabi was reportedly discharged from a second clinic despite persisting psychiatric problems, Choubabi called 911 from work to report that he was going to hurt himself or someone else, according to the lawsuit. He walked up South 9th Street with a knife in his hand and Tacoma police took him to a local hospital where he was transferred to Telecare North Sound E&T in Sedro-Woolley, the suit said. Telecare North Sound E&T discharged Choubabi after six days, although he complained of hearing voices and his medication not working, the suit said. The clinic referred him to his primary care provider for an appointment scheduled for the following week, according to the suit. Easterlin would be dead in three days. Back again at work, Choubabi called 911 once more — this time just three hours before the fatal stabbing. He requested Easterlin, who was apparently homeless and also suffering from mental health problems, be moved from the front of the store. A responding officer watched Easterlin walking away, documented observing mental health issues and cleared the call without getting out of his patrol vehicle, according to the suit and Beetham. 'Tacoma PD needs to do a lot better than just a drive-by,' Beetham said. The officer should have investigated, consistent with department policies that prescribe intervening in such situations, since Easterlin had been exhibiting signs of mental distress, including talking to herself, not wearing pants and urinating in public, according to the suit. If the policy had been followed, the suit said, Easterlin could have been removed from the scene and it would have been discovered that Choubabi was detained with a dangerous weapon only 10 days earlier. The lawsuit is seeking unspecified damages and legal fees. More than anything, Beetham said Easterlin's family wants justice and protection for others in Easterlin's situation. 'It's just a systematic failure,' he said, singling out Tacoma police and Telecare. 'We want to hold them accountable to make sure … this does not happen to anyone else, especially our community's most vulnerable.'
BBC News
28-01-2025
- Health
- BBC News
Shropshire Council launches consultation on fee for alert bracelet
A 24-hour alert fob system for elderly, disabled and vulnerable people could come with a weekly cost as part of efforts by a council to save Council has launched a consultation into proposed charges for the Telcare scheme, which is currently free, that would see users paying £3.45 a week as well as a one-off £35 set-up fee. The move comes as the local authority said it needed to save nearly £23m from its yearly budget in the new financial year. The consultation will run until 10 March. The council said it "remains committed to delivering excellent care services" and wants to take on the "input of its residents in shaping the future of Telecare services". The Telecare system provides users with fobs that are worn as a pendant or around a wrist that are connected to a 24/7 response round-the-clock monitoring means that if a user has an emergency, such as a fall, they can press the button on the fob to call for many users could soon have to pay, those who receive a care package from Shropshire Council or get care services under Section 117 of the Mental Health Act will be exempt from the proposed fees. The local authority has said social care services account for nearly 80% of the authority's overall budget - with around £4 in every £5 spent on social care. In its savings strategy announced on 15 January, the council stated there were £11m of measures planned that would reduce the anticipated cost of social care council also noted it was one of the only areas where the Telecare service is free and said that the typical charge for the system in other councils ranges from £1.50 to £19 per week. Councillor Cecilia Motley, cabinet member for adult social care and public health, said the council knows that Telecare is "an important prevention service that supports individuals to live independently".She added that the potential charge "is not about accumulating large sums of revenue but proposing a modest charge like most councils are doing across the country".Telecare users can make their views known in the consultation by email, mail, local libraries and Shropshire Local centres.
