UpHealth, Inc.

UpHealth, Inc.

UPH-WT
UpHealth, Inc.US flagNew York Stock Exchange
0.01
USD
+0.00
- -
5.33MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Sector
Healthcare
Industry
Medical - Healthcare Information Services
Address
Business
UpHealth, Inc. operates within the digital health services sector, primarily concentrating on delivering comprehensive behavioral health solutions. The company, through its TTC Healthcare subsidiary, provides a full spectrum of care addressing mental health and substance use disorders. These services encompass detoxification, residential treatment, partial hospitalization programs, intensive outpatient care, and telehealth, all supported by a dedicated team of psychiatrists, physicians, and licensed therapists. UpHealth's integrated care management platforms are designed to enhance patient outcomes by facilitating information exchange and care coordination among clinical and community-based teams. The company collaborates with health plans, healthcare providers, and various community organizations, with a notable portion of its behavioral health revenue derived from government contracts. In a significant strategic move, UpHealth completed the divestiture of its Cloudbreak Health business in March 2024, generating $180 million in gross proceeds to strengthen its financial position and sharpen its focus on behavioral healthcare. Additionally, UpHealth Holdings, a subsidiary, was awarded over $110 million in damages from an arbitration tribunal in a breach of contract case related to an earlier acquisition of Glocal Healthcare Systems, with efforts to enforce this award underway. While a subsidiary, UpHealth Holdings, filed for Chapter 11 reorganization in September 2023 following an unrelated legal judgment, the company affirmed its commitment to uninterrupted operations. UpHealth continues its mission to improve access to care and achieve superior patient outcomes through its technology-enabled healthcare delivery model.