December 10, 2015
The CVS MinuteClinic will roll out new mobile app features in 2016, MinuteClinic President Dr. Andrew Sussman announced this morning at the MassTLC Healthcare Conference. A feature currently being piloted in Washington, D.C. will allow users to see wait times for various MinuteClinic locations and to sign up remotely for an appointment. They'll then receive a notification 30 minutes before a...
December 1, 2015
This week the United States Supreme Court declined to hear a case about veterinary medicine delivered via email. In the case, a 69-year-old veterinarian named Ron Hines is suing the Texas State Board of Veterinary Medical Examiners over a Texas law that makes it illegal for veterinarians to give advice over the internet or telephone without first conducting a physical examination of the animal in...
November 3, 2015
On it's third quarter earnings call, Teladoc announced continued growth and a number of new customers, but also stopped to address what appears to be growing investor unrest about the per member per month (PMPM) payment model, likely inspired by competitor Doctor on Demand. They also reminded investors of a previously announced increase to visit fees, the first in three years. The increasing will...
October 8, 2015
Even as Teladoc and American Well fight out their legal battle over patents, the two companies continue to duke it out in the marketplace as well, as does another challenger, Doctor on Demand. On Friday a Deutsche Bank analyst broke the news in a research note that Highmark, a health insurer in Western Pennsylvania, chose not renew contracts that represented $1.5 million in...
September 28, 2015
The Texas office of the Attorney General weighed in on a motion to dismiss Teladoc's antitrust suit against the Texas State Medical Board on the grounds that there is, in fact, state supervision of the medical board which would make it a state agency under law and therefore immune to suit. Politico first spotted the news.
In April, Teladoc sued the Texas Medical Board, alleging that a recently...
September 21, 2015
The HHS Office of the National Coordinator for Health IT (ONC) recently released a whitepaper, based on a workshop held last April, on designing telehealth and remote visits for consumers. The 20-page document is interesting, extensive, and hits on some good points about how to make telehealth convenient and effective for consumers. Yet both the whitepaper and the workshop excluded the viewpoint...
September 11, 2015
by Jonah Comstock
Telehealth is officially in its heyday. With Teladoc's recent IPO, major recent venture rounds for MDLive, DoctorOnDemand, and a slew of official guidelines out last year from organizations like the American Medical Association, the Federation of State Medical Boards, and the American Academy of Pediatrics, it's hard to ignore the fast-growing popularity of virtual doctor visits...
August 13, 2015
In Teladoc's first earnings call as a publicly traded company, CEO Jason Gorevic and CFO Mark Hirschhorn reported positive earnings figures, were upfront about the costs of ongoing lawsuits, and even talked a little about future plans.
The telemedicine company made $18.3 million in the second quarter, an increase of 78 percent from Q2 2014. Subscription fees, paid to Teladoc by employee and...
July 14, 2015
New York City-based Pager, which offers an app consumers can use to request in-person physician house calls, raised $14 million from New Enterprise Associates (NEA) and Sound Ventures, which was founded by Ashton Kutcher. Existing investors Goodwater Capital, Lux Capital, and Montage Ventures also participated.
This brings the company's total funding to $24 million to date, it confirmed to...
July 1, 2015
Dallas, Texas-based video visits telehealth company Teladoc has raised $156.8 million in its IPO and is set to begin trading under the symbol "TDOC" on the New York Stock Exchange today. At the last minute the company increased both the price of its shares to $19 and the number of shares it was selling to 8.3 million.
In the company's previous filing, Teladoc priced its shares between $15 and $17...