Why Is Everyone Talking About Livongo Health Stock?
About 147 million Americans are currently suffering from chronic health conditions, and over 40% have more than one. Currently, patients in this category account for more than 90% of the U.S. healthcare budget, and that number is showing no signs of decline. In response to skyrocketing healthcare costs, Livongo Health (NASDAQ: LVGO) is deploying its data-based health-coaching app to help patients with diabetes save money -- upwards of $1,908 per patient per year.
As a result, the company is gaining a lot of traction both in the healthcare sector and among healthcare investors. Today, let's take a look at why everyone is talking about Livongo Health stock, and why I think its shares are a strong buy.
Source Fool.com