August 4, 2016
Teladoc’s push into chronic disease management, which CEO Jason Gorevic gamely said would land by the end of 2016 at the ATA conference this year, has been delayed, he said on the company’s Q2 call yesterday.
“Based on the strong positive feedback from … clients regarding our behavioral health product in particular, we have decided to further invest our resources in behavioral health and in the...
July 21, 2016
When it comes to telemedicine, Texas is behind the national curve. While most states have passed legislation that greenlights various telemedicine services, Texas (along with Arkansas) still lag on the initial foray into telehealth services, struggling, for example, to define whether a video visit or a phone call can appropriately establish a patient-physician relationship.
Which is why the...
July 19, 2016
In Arkansas, currently the only state in the nation that does not allow telemedicine companies like Teladoc or American Well to treat patients, a proposed telemedicine rule that would have made remote visits more permissible was stalled when a key legislative panel declined to sign off, Politico's Morning eHealth reported.
Arkansas is ranked last in the nation in telemedicine practice standards...
June 30, 2016
Lewisville, Texas-based telemedicine company Teladoc has announced plans to acquire Scottsdale, Arizona-based employee health benefits app-maker HealthiestYou for $125 million in a mix of cash and stock.
HealthiestYou, which raised $30 million from Frontier Capital in November, provided employees with an app to access a location-aware provider directory to read reviews, ratings and background...
June 15, 2016
It's looking more and more like the path to victory in the major turf wars of digital health will not be through patent litigation.
Earlier this week, a Massachusetts federal judge Indira Talwani ruled that American Well's telehealth patents, which the company had sued Teladoc for allegedly infringing, were unenforceably broad. She cited the same Supreme Court precedent, Alice v. CLS Bank, that...
June 9, 2016
Even as the legal battle between the Texas State Medical Board and Teladoc soldiers on, many of the involved parties in the state appear interested in putting the conflict behind them and moving on.
The Texas Tribune is reporting that lobbyists for groups affiliated with both telemedicine companies and physician organizations recently met in a closed-door session to discuss "modernizing our...
May 18, 2016
Teladoc plans to launch its first chronic condition management program by the end of the year, CEO Jason Gorevic revealed at a session toward the end of the American Telemedicine Association convention in Minneapolis.
“We’re still in the final stages of deciding whether it’s going to be cardiovascular disease or diabetes,” he said. “It’s a tremendous opportunity for more longitudinal care....
May 11, 2016
Teladoc reported a strong first quarter, driven by both strong sales on the company's part and some favorable regulatory shifts and legal rulings.
During the quarter, Teladoc pulled in $26.9 million in revenue, up 63 percent from Q1 2015. Of that total, $20.7 million was from subscription fees and $6.2 million was from visit fees. This year visit fees are made up a larger piece of the pie than...
April 11, 2016
Telehealth company Teladoc announced that the company completed 240,000 telemedicine visits during the first quarter of the year, up 61 percent from 149,000 visits during the same period last year.
Teladoc announced in its recent 2015 earnings call that, in total, physicians performed more than 575,000 visits with customers last year. Teladoc ended 2015 with $77.4 million in revenue, up 78...
March 3, 2016
Teladoc ended 2015 with $77.4 million in revenue, up 78 percent year-over-year from $43.5 million in 2014, the company’s CEO Jason Gorevic said on Teladoc’s year end earnings call. Revenue came from two sources: subscription access fees brought in $63.3 million and visit fees brought in $14.1 million.
Last year, Teledoc facilitated about 576,000 telehealth visits, up from 299,000 in 2014. And the...