Teladoc Health, Inc is a multinational telemedicine and virtual healthcare company headquartered in the United States.
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17 Facts About Teladoc Health
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In particular, Teladoc Health uses telephone and videoconferencing software as well as mobile apps to provide on-demand remote medical care.
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Teladoc Health raised $15 million in September 2013, with total funding at that point equaling $46.
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Teladoc Health's sales doubled in both 2013 and 2014, and Teladoc Health raised $50 million from private investors in September 2014, bringing total funding to $100 million.
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Teladoc Health shares fell significantly as a result, before rising to earlier levels.
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Teladoc Health had 7,500 clients in 2017, of which 220 were Fortune 1000 companies.
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Teladoc Health began partnering with CVS in August 2018 on remote consults at MinuteClinics.
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Teladoc Health denied making false statements or any legal violations.
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In late 2018, Teladoc Health acquired the telemedicine company Advance Medical for $352 million, which employed doctors in Latin America, Europe, and Asia.
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Teladoc Health provides free telehealth visits to natural disaster and hurricane victims, and in 2019 it provided the telemedicine system implemented for patients in Paradise, California after the Camp Fire, working through Blue Shield of California.
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In January 2020, Teladoc announced that it was acquiring InTouch Health for both cash and stock.
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Teladoc Health has an expert network of 55,000 involved in 450 medical subspecialties.
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Physicians overall follow "more than 100 proprietary clinical guidelines" developed by Teladoc Health, and are prohibited from physically meeting their telemedicine patients.
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Teladoc Health has around 3,100 licensed physicians and nurses and services offered in about 30 languages.
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Teladoc Health has been involved in lobbying for legislation in several states.
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Teladoc Health sued in federal court over the rule in Teladoc v Texas Medical Board, arguing the bill violated antitrust laws by inflating prices and limiting the supply of health care providers in the state.
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In January 2019, Teladoc Health opposed a telemedicine bill proposed by the North Dakota Board of Medicine, which required telemedicine providers to perform initial video examinations or have initial exams done by another physician.
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