Baxter introduces Voalte Linq wearable badge to enhance communication in healthcare settings

From Zacks Investment Research: 2025-03-06 10:28:17

Baxter International Inc. unveiled Voalte Linq, a voice-activated wearable badge, at the 2025 HIMSS Global Healthcare Conference, to enhance connectivity for care teams in hospital settings. The introduction aims to streamline communication and automate workflows, boosting market sentiment. Shares of BAX dipped 0.2% post-announcement. The global voice technology in healthcare market is projected to reach $21.67 billion by 2032, with Baxter making strides in the industry. In 2024, Baxter launched 10 new injectable pharmaceutical products in the U.S. Baxter’s stock price performance has declined 19.2% in the past year.

Voalte Linq by Baxter aims to improve communication efficiency within care teams, promoting IT and operational efficiency and enhancing patient and staff safety. The device integrates with other Baxter solutions to automate workflows and support quick responses during critical moments. Industry prospects favor Baxter, with a Zacks Rank #3. Other top picks in the medical space include Masimo, Boston Scientific, and Cardinal Health, with Masimo boasting a Zacks Rank #1. Masimo’s shares have surged 38.8% in the past year, with earnings surpassing estimates in the last four quarters. Boston Scientific’s shares have jumped 54.4% in the past year, while Cardinal Health’s earnings have beaten estimates consistently, with shares rising 12.1%.



Read more at Zacks Investment Research: Baxter Stock Likely to Gain Following the Introduction of Voalte Linq – March 6, 2025