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Stock impact report

Doximity: Clinician Network Leader [Yahoo! Finance]

Doximity, Inc. Class A (DOCS) 
Company Research Source: Yahoo! Finance
platform for U.S. clinicians, with tools for secure messaging, efax, telehealth, and career management. (HIPAA compliance is adhering to U.S. regulations that protect the privacy, security, and integrity of Protected Health Information (PHI).) Its user penetration is very high (with over 80% of U.S. physicians and roughly half of NPs/PAs), giving it a strong network effect and data advantages within the medical professional community. It operates as a Multi-Sided Plaform where the user (i.e. clinicians) are different from the paying customers. The paying customers (which are pharma corporations, Healthcare Systems etc.). pay Doximity for its access to clinicians and for such things as advertising, marketing and other subscription services. Doximity was founded in 2010 as a physician colloboration platform. COVID-19 acted as a massive accelerant for Doximity, transforming it from a useful networking tool into an essential, daily workflow platform for U.S. clinicians and catalyzing it Show less Read more
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