September 24, 2018
Teladoc Health has announced the launch of a virtual health service designed to accommodate companies whose employees span national borders. Called Teladoc Global Care, the new 24-7 service is delivered through the company’s mobile app and available in more than 20 languages, according to Teladoc.
Why it matters
A recent report suggests the global number of expatriates grew to more...
August 29, 2018
This week virtual care provider Teladoc Health was busy, releasing news about a new product launch and a separate good will initiative.
First was yesterday’s launch of Partners HealthCare On Demand, a virtual urgent care service collaboration between the telehealth company and Partners HealthCare. Delivered through web and mobile devices, the video-based service is first being rolled out to the...
August 8, 2018
Through a partnership with Teladoc, CVS’ MinuteClinic announced today that it has launched a 24-7 telehealth offering available through an app for consumers’ smartphones. The service is intended for patients aged two years or older seeking care for a minor illness, minor injury, skin condition, or “other wellness needs.”
MinuteClinic Video Visits are currently available in Arizona, California,...
August 2, 2018
Teladoc reported a strong second quarter, coming off its acquisition of Advance Medical. The company reported $94.6 million in revenue, with $6.2 million of that coming from Advance. That constitutes 112 percent year-over—year growth for the telemedicine company. The company saw 533,000 total visits in the quarter and 22.5 million paid US members.
“We’re now 60 days into the integration of...
Photo courtesy of Teladoc
July 31, 2018
With hundreds of digital vendors to chose from, figuring out the best way to provide quality care and wellness platforms to employees can be a difficult task for employers. Some companies are looking towards the most cutting edge apps, while others are seeking more traditional routes like implementing a telemedicine program. But as more companies dip their toes into the digital waters employers...
July 13, 2018
Key Benefit Administrators (KBA), an Illinois-based administrator of self-funded employee welfare benefit plans for enterprises, has brought a lawsuit against Teladoc alleging a breach in obligations, pecuniary loss, defamation, and tortious interference all stemming from $450,000 in overcharges.
In a statement to MobiHealthNews, Teladoc said that it was “optimistic” that this dispute could be...
June 4, 2018
With its eyes set on a global reach, telehealth giant Teladoc announced that it was acquiring fellow virtual care platform Advance Medical for $352 million this morning. The acquisition is expected to help Teladoc expand its clinical services internationally, specifically to multinational employers, and cater to patients in more languages.
“[Teladoc provides] a full suite of services—everything...
June 4, 2018
Correction: A previous version of this arcticle misstated the location of company. This story has also been updated with additional information.
This morning Purchase, New York-based telehealth giant Teladoc announced that it is acquiring Advance Medical, a company that specializes in virtual care, for $352 million.
The move is expected to help Teladoc grow its global market into Latin America...
May 14, 2018
Telemedicine technology has been improving steadily over the past several years, and as the tech gets better, so does its reputation.
Much of telemedicine's appeal lies in accessibility. The lack of access to care through telemedicine negatively affects patient engagement and follow-through, according to new research from telehealth provider Teladoc. Treating mental health, in particular,...
May 3, 2018
Amidst big gains in total revenue, memberships, and user engagement, Q1 2018 earnings reported by Teladoc show that the telemedicine company is still a long way from turning a profit.
But while this quarter’s reported net loss of $23.9 million is a noticeable increase over the $15.7 million of the same time last year, CEO Jason Gorevic said during an investor call that the company is still on...