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...
Just about everyone agrees in the basic vision for telemedicine: When a person gets sick, instead of jumping in the car to drive to a doctor’s office or urgent care center, they can pick up a phone or tablet instead, and get in touch right away with a doctor.
But when it comes to which doctor should be on the end of that call — and who should be facilitating that connection — healthcare...
On its fourth quarter earnings call, Teladoc reported increases in total visits, utilization, and revenues, but also in net loss. CEO Jason Gorevic was optimistic, pointing to positive developments in Washington and the success of the platform during this year's worse-than-normal flu service.
Teladoc’s full-year revenue for 2017 was $77 million, a 106 percent increase from 2016. Net loss, however...
As the calendar turns to February, the beleaguered US healthcare system continues to battle an influenza season considered by Centers for Disease Control and Surveillance officials to be among the worst of this decade.
According to the public health agency’s most recent numbers, which include all cases of the disease reported to the CDC by January 20, this year’s flu season has seen a total of 11...
When Texas passed its telemedicine law in May, Teladoc told MobiHealthNews that the passage of the law would functionally end the long lawsuit between Teladoc and the Texas State Medical Board. Last week that became official, as the telemedicine company officially announced the end of the suit.
"Effective today, Teladoc has voluntarily dismissed the longstanding lawsuit in Texas," the company...
Updated with new information and a statement from Teladoc.
Dr. Lewis Levy, the Chief Medical Officer at recent Teladoc acquisition Best Doctors, has stepped into the Teladoc CMO role. Former Chief Medical Officer Dr. Henry DePhillips has left the company to become SVP and Chief Medical Officer at Cedar Gate Technologies, which makes healthcare performance analytics tools for value-based care....
Today at Health 2.0, Teladoc rolled out the first tangible fruits of its acquisition of Best Doctors: a new mobile app for clients of both services.
"For over 20 million people today, Teladoc [delivers] healthcare that drives better convenience, better value, and better outcomes," Nita Stella, vice president of product strategy, said during a demo of the new app at the conference. "Now with our...
As wide swaths of the southeastern US work to recover from the recent spate of hurricanes, they won’t be reliant on local health care providers alone. Since Hurricane Harvey began threatening the Houston area in late August, telemedicine vendors and healthcare providers alike have opened up their lines to receive emergency calls and support relief efforts free of charge.
This isn’t the first time...
Telemedicine company Teladoc has added Brian McAndrews, former CEO of Pandora (the media company, not the jeweler), to its board of directors. Notably, McAndrews has extensive experience with machine learning algorithms, which Teladoc is considering ways to deploy.
“Brian’s depth of experience as an executive leader and board member of prominent technology and digital media companies complements...
Teladoc CEO Jason Gorevic certainly had a lot to talk about on yesterday’s Q2 earnings call. Referencing the recent legislation in Texas and the company’s acquisition of Best Doctors, Gorevic called Q2 2017 "the most exciting quarter in the company's history”. On the call, Gorevic delved into some details about how Teladoc and best Doctors will integrate, shared some future plans for the company...
