Doximity has significant potential with AI tools for doctors great potential
The addressable market potential currently stands at $18.5 billion
The P/S ratio of 20 makes the story particularly interesting for traders
Reading Time: 1 minute
Doximity (DOCS) is adept at building a large network with over 80% of U.S. doctors through free productivity-enhancing tools. This has already attracted the 20 leading pharmaceutical companies, health plans, and hospitals to market products or recruit staff through targeted subscriptions. I see significant potential here, as less than half of doctors, despite high interest, currently use clinical AI tools. The AI prompts have quintupled year-over-year. Doximity GPT allows for HIPAA-compliant creation of patient and insurance letters, and Doximity...
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