May 29, 2020
Following up on our episode from a few weeks ago, host Jonah Comstock sits down (virtually of course) with Dr. Gustavo Kinrys, medical director and vice president of mental health services at Teladoc Health to discuss findings from a recent survey on COVID-19 and behavioral health, as well as his own experiences seeing patients via telehealth during the pandemic.
Here's a release from Teladoc...
May 8, 2020
This quarter Dexcom raked in $405 million in revenue, compared to $280.5 million in 2019’s Q1. This represents a 44% increase year over year (YoY), and beats the company's revenue goal by $46.7 million. Dexcom attributes its success to its growing user rate.
The gross profits from Q1 were $258.7 million. However, operating expenses have increased, coming in at $215.4 million in 2020 Q1, versus $...
April 30, 2020
When Teladoc Health wrapped up its last earnings call in February, the virtual-care company gave its revenue projections a modest bump and said that it was keeping an eye on COVID-19 cases in the event that it would need to scale the capacity of its telehealth network.
Three months later, and Teladoc CEO Jason Gorevic is sharing news of the company's "remarkable growth" across revenue, visit...
March 17, 2020
Blue Shield of California announced yesterday that it is now waiving out-of-pocket costs for all commercial plan members using Teladoc Health's services until May 31. This includes individual and family plans, as well as those sponsored by an employee.
"As we continue to closely monitor the COVID-19 situation, we believe making telemedicine more readily available is the right thing to do," Dr....
February 28, 2020
The year 2019 was good to Teladoc Health. Although still operating at a loss, the virtual care provider enters the new year hot with reports that revenue and visits — domestic and international, paid membership and visit fee — all outpaced the company’s projections.
Teladoc said during a Wednesday afternoon earnings call that it is expecting that growth to continue. Part of this is due to the...
January 13, 2020
This weekend, Teladoc Health announced its $600 million purchase of InTouch Health, a fellow telehealth provider focused on enterprise offerings.
The big ticket move is an effort to build a single point of entry for integrated virtual care across conditions, and across provider and consumer markets, the companies wrote in their announcement.
''Today marks a bold leap forward in Teladoc Health's...
December 4, 2019
Editor's note: This article has been edited after publication.
Last December, Teladoc Health made an unannounced deal with TelaDietitian (formerly Nutrify), a consumer and enterprise platform for video consultations with registered dietitians, according to documents provided to MobiHealthNews.
This strategic acquisition provided Teladoc access to the smaller company’s multi-state network of...
August 5, 2019
Teladoc Health stuck to its game plan in the second quarter and first half of 2019, the company reported last week in its earnings call.
Total revenue, membership and service utilization are each trending upward while the telehealth company’s international and strategic investments appear to be taking hold. However, the company still has yet to turn a profit, although it is aiming to be cash flow...
July 31, 2019
Castlight Health is seeing some major change ups in leadership this week. Yesterday the digital health company announced that its current CEO John Doyle is stepping down as director. The company has tapped Maeve O’Meara as the company’s next CEO. Siobhan Nolan Mangini will also join as the company’s next president, and maintains her position as chief financial officer.
"With the appointments of...
June 27, 2019
Teladoc Health has tapped Mala Murthy as its latest CFO, the telehealth company announced on Tuesday. Murthy most recently held a CFO post within American Express’ Global Commercial Services Segment, where she oversaw financial planning and analysis, M&A and investment and operating expense management.
“Teladoc Health has reached an exciting and pivotal time in the company’s history and I’m...