Teladoc Health

By Laura Lovett 09:46 am August 5, 2020
Digital health titans Teladoc Health and Livongo are merging under the Teladoc name. The deal values the 12-year-old digital chronic care-management company Livongo at $18.5 billion.  Teladoc CEO Jason Gorevic is expected to remain at the helm of the soon-to-be joint company, while Livongo’s CEO and founder Glen Tullman will be taking up a seat on the Teladoc board.  Teladoc plans to buy Livongo...
By Dave Muoio 01:29 pm July 30, 2020
Teladoc Health continues its strong upward trend during its second fiscal quarter, with CEO Jason Gorevic informing investors yesterday that the company had outperformed "all key financial and operation metrics." Similar to the first quarter, the telehealth company is touting massive year-over-year (YoY) growth in revenue, visit volume and new registrations, as well as the acquisition of several...
By Dave Muoio 03:52 pm 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...
By Dave Muoio 03:34 pm 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....
By Dave Muoio 03:00 pm 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...
By Dave Muoio 03:42 pm 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...
By Dave Muoio 02:42 pm 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...
By Dave Muoio 03:26 pm 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...
By Laura Lovett 10:47 am 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...
By Dave Muoio 12:07 pm 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...