LFMD Profile
LifeMD Inc (LFMD) is a digital health platform company that offers telemedicine and other virtual medical services to patients across the United States. The company's mission is to make healthcare more accessible, affordable, and convenient for patients.
LifeMD provides access to licensed healthcare professionals who can diagnose, treat, and prescribe medication for a range of non-emergency medical conditions, including chronic conditions such as diabetes, high blood pressure, and depression. Patients can use the platform to schedule appointments, upload medical records, and communicate with healthcare providers in real-time via video, phone, or chat.
The company also offers a range of health and wellness products, including supplements, skincare products, and at-home testing kits. These products are designed to help patients manage chronic conditions, improve their overall health and well-being, and reduce healthcare costs.
LifeMD's business model is based on a subscription-based model, where patients pay a monthly fee for access to its services. The company has seen significant growth in recent years, with revenues increasing from $16.5 million in 2019 to $70.5 million in 2020.
LifeMD is headquartered in New York City and was founded in 2017. The company trades on the NASDAQ stock exchange under the ticker symbol LFMD.
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