Day: October 14, 2024

# Selfii and CLEAR Collaborate to Offer Patients Self-Service Access to Health Records

In an era where digital transformation is reshaping industries, healthcare is no exception. The increasing demand for patient-centric solutions has led to innovative collaborations aimed at improving access to health records and empowering individuals to take control of their healthcare journey. One such groundbreaking partnership is between **Selfii**, a leading provider of digital health platforms, and **CLEAR**, a trusted identity verification and security company. Together, they are revolutionizing the way patients access their health records by offering a seamless, secure, and self-service solution.

## The Growing Need for Digital Health Solutions

As healthcare systems around the world evolve, there is a growing emphasis on patient empowerment and the need for streamlined access to personal health information. Traditionally, accessing medical records has been a cumbersome process, often requiring patients to navigate through complex systems, fill out forms, and wait for approval from healthcare providers. This inefficiency can lead to delays in care, frustration, and a lack of transparency in the patient experience.

With the rise of digital health technologies, patients are increasingly seeking ways to manage their health data independently. The collaboration between Selfii and CLEAR addresses this demand by providing a user-friendly platform that allows patients to access their health records in real-time, without the need for intermediaries.

## Who Are Selfii and CLEAR?

### Selfii
Selfii is a digital health company that specializes in creating personalized healthcare experiences for patients. The company offers a suite of tools that allow individuals to manage their health information, schedule appointments, track wellness goals, and communicate with healthcare providers. Selfii’s mission is to empower patients by giving them greater control over their healthcare journey through innovative technology.

### CLEAR
CLEAR is a well-established identity verification and security company known for its biometric technology. Initially popularized in the travel industry, CLEAR uses advanced biometric authentication methods, such as fingerprint and facial recognition, to verify identities quickly and securely. The company’s technology is now expanding into other sectors, including healthcare, where security and privacy are paramount.

## The Collaboration: A New Era of Health Record Access

The partnership between Selfii and CLEAR brings together the best of both worlds: Selfii’s expertise in digital health platforms and CLEAR’s cutting-edge identity verification technology. The result is a secure, self-service solution that allows patients to access their health records with ease, while ensuring that their personal information is protected.

### Key Features of the Selfii-CLEAR Solution

1. **Biometric Authentication**: Using CLEAR’s biometric technology, patients can securely log into their Selfii accounts using facial recognition or fingerprint scanning. This eliminates the need for traditional passwords, which can be easily forgotten or compromised.

2. **Instant Access to Health Records**: Once authenticated, patients can instantly access their health records, including lab results, medical history, prescriptions, and vaccination status. This real-time access allows patients to stay informed and make timely decisions about their healthcare.

3. **Enhanced Privacy and Security**: Privacy is a top concern when it comes to health data. The Selfii-CLEAR platform uses end-to-end encryption and adheres to strict security protocols to ensure that patient information is protected at all times. Additionally, CLEAR’s biometric authentication adds an extra layer of security, reducing the risk of unauthorized access.

4. **User-Friendly Interface**: The platform is designed with the user in mind, offering an intuitive interface that makes it easy for patients to navigate their health records. Whether accessing the platform via a mobile app or desktop, patients can quickly find the information they need.

5. **Integration with Healthcare Providers**: The Selfii platform is integrated with a wide network of healthcare providers, allowing patients to seamlessly share their health records with doctors, specialists, and other medical professionals. This integration promotes better communication and coordination of care.

6. **Self-Service Capabilities**: One of the standout features of the Selfii-CLEAR solution is its self-service functionality. Patients no longer need to rely on healthcare providers to access their records. Instead, they can independently retrieve their information at any time, from anywhere.

## Benefits for Patients and Healthcare Providers

### For Patients:
– **Empowerment**: Patients are empowered to take control of their healthcare by having direct access to their health records. This can lead to better health outcomes, as individuals are more likely to engage in proactive health management when they have easy access to their data.

– **Convenience**: The self-service nature of the platform eliminates the need for patients to go through lengthy processes to obtain their records. Whether they need to review lab results, check vaccination status, or share information with a new healthcare provider, they can do so with just a few clicks.

– **Security**: With biometric authentication and robust encryption, patients can rest assured that their sensitive health information is secure.

### For Healthcare Providers:
– **Reduced Administrative Burden**: By allowing patients to access their records independently, healthcare providers can reduce the administrative workload

**Owlet Regains Compliance with NYSE Continued Listing Standards**

**Introduction**

Owlet, Inc., a company known for its innovative baby monitoring technology, recently announced that it has regained compliance with the continued listing standards of the New York Stock Exchange (NYSE). This development marks a significant milestone for the company, which had faced challenges in maintaining its listing status due to non-compliance with certain NYSE requirements. The news has been welcomed by investors and stakeholders alike, as it signals a return to stability and growth potential for Owlet.

This article delves into the details of Owlet’s journey to regain compliance, the significance of continued listing standards, and what this means for the company’s future.

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**Understanding NYSE Continued Listing Standards**

The New York Stock Exchange, one of the largest and most prestigious stock exchanges in the world, has a set of stringent requirements that companies must meet to maintain their listing. These standards are designed to ensure that listed companies maintain a certain level of financial health, transparency, and corporate governance, which in turn helps protect investors and maintain the integrity of the market.

Some of the key NYSE continued listing standards include:

1. **Minimum Share Price**: Companies must maintain a minimum average closing share price of $1.00 over a consecutive 30-day trading period.
2. **Market Capitalization**: The company’s market capitalization must not fall below a certain threshold, typically $50 million over a 30-day period.
3. **Shareholders’ Equity**: Companies must maintain a minimum level of shareholders’ equity, often set at $50 million.
4. **Timely Filing of Financial Reports**: Companies must file their financial reports on time, including quarterly and annual reports, to ensure transparency and compliance with regulatory requirements.

Failure to meet any of these standards can result in a company receiving a non-compliance notice from the NYSE. If the company does not take corrective action within a specified period, it risks being delisted from the exchange.

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**Owlet’s Non-Compliance and Corrective Actions**

Owlet had previously received a notice from the NYSE indicating that it was not in compliance with the exchange’s minimum share price requirement. Specifically, the company’s stock price had fallen below the $1.00 threshold for a prolonged period, which triggered the non-compliance notice. This was a concerning development for the company, as delisting from the NYSE could have had significant negative consequences, including reduced liquidity for its shares and diminished investor confidence.

In response to the non-compliance notice, Owlet took several steps to address the issue. These actions included:

1. **Stockholder Engagement**: Owlet worked closely with its shareholders to ensure transparency and to communicate its plans for regaining compliance. This helped to maintain investor confidence during a challenging period.

2. **Operational Improvements**: The company focused on improving its operational performance, including cost optimization and product innovation, to drive revenue growth and enhance its financial position.

3. **Strategic Initiatives**: Owlet explored strategic initiatives, including potential partnerships and product expansions, aimed at boosting its market presence and share price.

4. **Reverse Stock Split**: One of the most common solutions for companies facing non-compliance due to a low share price is to implement a reverse stock split. While Owlet has not publicly disclosed whether it pursued this option, it is a common tactic used by companies to consolidate shares and increase the per-share price.

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**Regaining Compliance**

In a recent announcement, Owlet confirmed that it had successfully regained compliance with the NYSE’s continued listing standards. The company’s stock price had risen above the $1.00 minimum threshold for the required 30-day period, allowing it to meet the exchange’s requirements.

This achievement is a testament to the company’s efforts to stabilize its operations and restore investor confidence. Owlet’s leadership expressed gratitude to its shareholders for their continued support and emphasized the company’s commitment to delivering long-term value.

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**Significance of Regaining Compliance**

Regaining compliance with the NYSE’s continued listing standards is a crucial development for Owlet for several reasons:

1. **Investor Confidence**: Being listed on a major exchange like the NYSE is a sign of credibility and financial stability. Regaining compliance reassures investors that the company is on solid footing and capable of meeting regulatory requirements.

2. **Access to Capital**: A continued listing on the NYSE allows Owlet to maintain access to capital markets, which is essential for raising funds to support growth initiatives, research and development, and potential acquisitions.

3. **Liquidity**: The NYSE provides a liquid market for Owlet’s shares, making it easier for investors to buy and sell stock. Delisting could have reduced liquidity, making it more difficult for shareholders to trade their shares.

4. **Brand Reputation**: Being listed on a prestigious exchange like the NYSE enhances Owlet’s brand reputation. It signals to customers,