Teladoc has signed an agreement to acquire HealthiestYou, a Scottsdale, Arizona-based telehealth company focused on engagement and utilization for $125 in a mix of cash and stock. Under terms of the acquisition, HealthiestYou purchase price consists of $45 million cash and 6.96 shares of Teladoc common stock worth $80 million. Teladoc expects the acquisition of HealthiestYou to close on July 1.Available to individuals and employers, HealthiestYou can be incorporated into any employee benefit
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Teladoc | News, Analysis, Insights - HIT Consultant
Judge Dismisses American Well’s Patent Claim Against Teladoc
This week, Judge Talwani in the District Court of Massachusetts has dismissed American Well's patent suit against Teladoc. The federal judge ruled that its patent covering the basic provision of telehealth is invalid because the patent’s major elements are “too abstract” to be patentable and do not “amount to an inventive concept.” In response to the federal judge's decision, American Well plans to appeal the ruling. "American Well is the leading innovator in telehealth and we respectfully
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East Jefferson Hospital Taps Teladoc to Provide Telehealth Services to New Orleans Residents
East Jefferson General Hospital has selected telehealth service provider Teladoc to deliver telehealth services to residents in New Orleans and surrounding areas. The addition of Teladoc’s on-demand health care services will enable more local residents to have greater access to care – when, where, and however they want – via smartphone, mobile app or secure online video. The relationship also further cements East Jefferson General Hospital’s position as a leading health care system in
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Teladoc Inks Deal to Provide Telehealth Services for Mississippi Volunteer Firefighters
Teladoc has inked a contract with the Mississippi Insurance Department to provide telehealth services statewide to the 13,000 Mississippi Volunteer Firefighters and their dependents. By offering telehealth consults to its volunteer firefighters, the Mississippi Insurance Department expects the Teladoc program to be used as a recruiting incentive as demographic changes decrease the pool of available firefighters.
The program with Teladoc will also benefit the state by increasing the
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Meridian Health to Offer Virtual Physician Visits via Teladoc
Telehealth provider Teladoc, Inc., announced it has been selected by Meridian Health, a leading not-for-profit health care organization in New Jersey, for telehealth services that will be offered to the residents Meridian serves. Meridian is planning its telehealth launch for first quarter 2016, which will include 24/7 access to Teladoc's quality network of licensed physicians via phone, mobile device or secure online video.
Rated among the top performing health systems in New Jersey for
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Federal Court Denies Texas Medical Board Motion to Dismiss Teladoc Lawsuit
On Monday, December 14, Judge Robert Pitman, U.S. District Court for the Western District of Texas, denied the Texas Medical Board’s (TMB) motion to dismiss a federal lawsuit filed by telehealth provider Teladoc. The decision marks the seventh occasion in the last four years that various Texas courts have sided with Teladoc against the Texas Medical Board’s repeated attempts to limit access to affordable, quality health care in the state.
In May, Judge Pitman blocked a TMB rule that would
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Teladoc’s CEO Talks What Telehealth Means for the Future of Healthcare
What if access to quality healthcare services was just a click, tap, or phone call away? That was the premise that telehealth services were founded on. But beyond the appeal and consumer convenience, telehealth stands to create efficiencies for healthcare systems that are desperately in need of it.
Telehealth isn’t just about taking healthcare to the future—it’s about creating a better future for the patients and providers than can benefit from its use, especially in the wake of the
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Teladoc Releases Q3 2015 Earnings: 10 Things to Know
On Tuesday, telehealth provider Teladoc, released earnings for its third quarter ended September 30, 2015. Here are ten things to know:
1. Total revenue was $20.0 million, an increase of 83%. Revenue from subscription access fees and visit fees was $17.0 million and $3.0 million, respectively, an increase of 78% and 122%, respectively.
2. Total membership was 12.6 million, compared to 8.1 million, an increase of 56%.
3. Total visits were 117,213, compared to 61,929, an increase of
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Teladoc CEO Named 2015 Digital Healthcare Innovator of the Year
Teladoc CEO Jason Gorevic has been named Digital Healthcare Innovator of the Year by Healthegy, an organization focused on improving and innovating healthcare and the host of the Digital Healthcare Innovation Summit in Boston.
The company is the first telehealth company to go public in July 2015 and recently completed its 1 millionth telehealth visit. To date, more than 12.5 million U.S. members are connected to Teladoc’s network of over 2,000 board-certified, state-licensed physicians and
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Teladoc Reaches 1 Millionth Telehealth Visit Milestone
On-demand telehealth platform Teladoc has crossed an industry milestone this week with the completion of its 1 millionth telehealth visit. Each telehealth visit reflects an interaction between a board-certified, state-licensed physician and a patient in need of health care via video, phone or online.
To date, more than 12.5 million U.S. members are connected to Teladoc’s network of over 2,000 board-certified, state-licensed physicians and behavioral health professionals who provide care for
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