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...
April 11, 2019
Telemedicine giant Teladoc announced this morning that it is teaming up with Cincinnati Children’s Hospital Medical Center on a new project aimed at creating a consumer pediatric telehealth platform for hospital and health systems.
As part of the partnership, doctors from Cincinnati Children’s will lead the advisory team. The hospital team is set to advise on pediatric-specific workflows,...
March 19, 2019
Teladoc Health has announced another acquisition that will bolster its growing international line of business. The US virtual care company will acquire Paris, France-based MédecinDirect, which provides confidential medical consultations via phone and internet.
The terms of the acquisition were not disclosed, but Teladoc said “the acquisition will be immaterial to Teladoc Health’s financial...
Photo by Justin Sullivan (Getty Images)
March 12, 2019
Blue Shield of California has tapped Teladoc to assist with a $2 million relief effort for Paradise, California, the small town that was ravaged last year by fires.
The fire destroyed the largest clinic of Paradise Medical Group, one of the town’s major hospitals.
Blue Shield has helped the hospital in a number of ways, including assisting with its relocation to a new space in Chico, California....
March 7, 2019
Teladoc Health has big plans going into 2019. From a business perspective, the telemedicine company anticipates becoming cash-flow positive this year, CEO Jason Gorevic said on a recent earnings call. And from an operations perspective, the company plans to pursue a "virtual first" strategy over the next year.
In the full year 2018, Teladoc increased revenue 79 percent from $233 million...
February 5, 2019
Ahead of HIMSS19, Teladoc Health has launched two new features for health system customers: Clinical WorkScope, which allows hospitals to virtualize their existing workflows, fee structures, and referral networks; and Integrated Diagnostic Testing, which makes it easier for physicians to order imaging and lab tests in virtual visits.
“The status quo right now for most vendors is a minor medical...
January 17, 2019
This morning telemedicine provider Teladoc Health announced the launch of its new back pain treatment program, Teladoc Back Care. The service will let users access digital videos and exercise programs, which target lower back pain.
In order to create the program, the telemedicine company teamed up with Telespine, a digital health company specifically focused on back health. This new program...
December 18, 2018
Yesterday Teladoc’s VP, COO and CFO Mark Hirschhorn resigned amidst allegations that he engaged in an inappropriate sexual relationship with a subordinate and took part in insider trading. Last week the telemedicine company was hit with a class action lawsuit filed on behalf of the company’s share holders, which accused the company of misleading or false statements.
“While this was a difficult...