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Betsy Nabel and Jeff Brodsky join Accolade Board of Directors


Betsy Nabel and Jeff Brodsky join Accolade Board of Directors
New board directors bring expertise in healthcare services, policy, and human resources
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SEATTLE, June 3, 2021 /PRNewswire/ Accolade (Nasdaq: ACCD), the company reinventing healthcare, today announced a series of changes to its board of directors that will bolster the board with significant healthcare and human resources expertise.
Jeff Brodsky
Dr. Elizabeth Nabel
Incoming board member Elizabeth ( Betsy ) Nabel, M.D., is executive vice president for strategy at ModeX Therapeutics, developer of innovative immunotherapies for cancer and infectious diseases. Previously, Dr. Nabel served for eleven years as the president of Brigham and Women s Hospital, the second largest teaching hospital of Harvard Medical School and one of the largest hospitals in metro Boston. During her tenure, the hospital became known as one of the safest in the U ....

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CORRECTION - Accolade Announces Results for Fiscal Fourth Quarter and Full Year 2021


 
(1) A reconciliation of GAAP to non-GAAP results has been provided in this press release in the accompanying Financial Tables. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures.”
(2) Percentages are calculated from accompanying Financial Tables and may differ from percentage change of numbers in Financial Highlights table due to rounding.
Financial Outlook
For the fiscal first quarter ending May 31, 2021, we expect:
Revenue between $54 million and $56 million
Adjusted EBITDA, a non-GAAP measure, between $(16) million and $(19) million
For the fiscal year ending February 28, 2022, we expect:
Revenue between $260 million and $265 million
Adjusted EBITDA, a non-GAAP measure, between $(38) million and $(42) million ....

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Accolade to Acquire PlushCare


Accolade to Acquire PlushCare
Accolade, Inc.
Seattle, Washington, UNITED STATES
Accolade to begin offering virtual primary care and mental health consultations directly to members as a result of the acquisition.
$200bn+ combined target addressable market materially expands opportunity to reinvent healthcare with a focus on improving health outcomes and managing rising costs.
Combined with Accolade’s proven ability to deliver cost-savings through member insights, high engagement, and care team advocacy and navigation solutions, the acquisition will add clinical depth and provider relationships.
The acquisition is expected to be accretive to Accolade’s growth rate and will enable new revenue opportunities as the healthcare ecosystem moves toward value-driven, patient-centric models. ....

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