KindlyMD, Inc. announced its financial results for the third quarter ended September 30, 2024, on November 13, 2024. The company reported progress in its efforts to expand credentialing and increase insurance visits.
Reimbursements from insurance payors totaled $106,567 for the third quarter, marking a sequential increase of 16.4%. KindlyMD now provides over 90% in-network insurance coverage in Utah.
This growth in insurance reimbursements indicates a positive development in KindlyMD's strategy to shift its payer mix and establish a more sustainable revenue model for its patient-first healthcare services.
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