11 Best Healthcare Penny Stocks to Buy Now

6. Clover Health Investments Corp (NASDAQ:CLOV)

Share Price: $3.08

Number of Hedge Fund Holders: 17

Clover Health Investments Corp (NASDAQ:CLOV) is one of the best healthcare penny stocks to buy now. On September 16, the company announced the launch of a new portal, Availity Essentials. The new portal is designed to enhance operational efficiency across administrative functions for healthcare providers.

Availity Essential features a highly secure interface that enables providers to manage core administrative tasks across multiple healthcare plans. The streamlined access ensures providers spend more time with patients rather than navigating systems. The system is also designed to provide efficient workflows, thereby reducing delays in patient care.

“This new portal is one of several steps we’re taking to ease administrative burden, accelerate decision-making, and deliver on our commitment to a more efficient provider experience, empowering them to focus on what they do best: delivering high quality care to their patients, faster,” said Jamie Reynoso, CEO of Medicare Advantage at Clover Health.

Availity Essentials highlights how health plans and providers can collaborate to minimize friction and deliver tangible value. It also underscores the company’s commitment to empowering stakeholders to make informed decisions.

Clover Health Investments Corp (NASDAQ:CLOV) is a company that offers health insurance plans and utilizes an AI-powered technology platform to support physicians and enhance healthcare quality for Medicare beneficiaries. It provides Medicare Advantage plans that bundle services such as dental, vision, and telehealth, while also providing proprietary Clover Assistant software to clinicians.