Castlight Health, Inc. CSLT
Day range unavailable
52-week range unavailable
Discussion (101)
Sign in to join the discussion
SEEMS CASTLIGHT IS WELL ON ITS WAY TO BECOMING A FORTUNE 50 COMPANY
HOW LONG BEFORE CASTLIGHT LANDS A MULTI-BILLIONAIRE FEDERAL CONTRACT TO IMPLEMENT ITS COVID FUNCTIONALITY ON HHS, CDC, DHS, AND, THE PLETHORA OF OTHER GOVT SYSTEMS (INCLUDING ALL STATE SITES, AND PUBLIC HEALTH DEPTS). TEST SITE TRACKING IS STEP ONE. THEY ARE NOW CROSSING INTO CONTACT TRACING. THE IMPLEMENTATIONS FOR THIS ARE ENDLESS. ALL THE HEALTH INSURERS WILL WANT IT. THIS COULD MEAN 100s OF BILLIONS IN POTENTIAL REVENUE FOR CASTLIGHT. IN ADDITION, WITH THIS POTENTIAL REVENUE STREAM, LARGER COMPANIES LOOKING TO INCREASE THEIR COVID FOOTPRINT (TO INCLUDE WELLNESS CONSUMER DRIVEN PROGRAM MANAGEMENT) COULD BE EVALUATING CASTLIGHT FOR ACQUISITION. THERE ARE A TON OF THIRD PARTY ADMINISTRATORS, LOOKING TO EXPAND THEIR CDHP FOOTPRINT, WHO WOULD LOVE TO HAVE ALL THIS FUNCTIONALITY.
SOLID BUY
IS THERE AN ACQUISITION RUMOR HERE ??
LARGE PM BUYS
