Welcome to our dedicated page for Teladoc Health news (Ticker: TDOC), a resource for investors and traders seeking the latest updates and insights on Teladoc Health stock.
Teladoc Health, Inc. (NYSE: TDOC) is described as the global leader in virtual care, and the news surrounding the company reflects its focus on virtual urgent care, integrated care programs and financial performance. Company news includes announcements about enhancements to its 24/7 Care service, participation in major healthcare investor conferences, quarterly earnings results and leadership changes.
Recent updates highlight Teladoc Health’s work to expand its flagship 24/7 Care virtual urgent care service. The company has announced new capabilities that allow licensed care providers to treat a broader range of conditions, consult with board-certified specialists during visits, support preventive care using integrated claims and Health Information Exchange data, connect members to additional Teladoc Health programs and in-network providers, and check prescription benefits in real time through its Prism care delivery platform.
Investors and analysts can also find earnings-related news, including quarterly financial results for the Integrated Care and BetterHelp segments, revenue by type and geography, and non-GAAP measures such as adjusted EBITDA. Teladoc Health regularly issues press releases about its financial outlook, cash flow, and capital structure decisions, including the establishment of a senior secured revolving credit facility.
Other news items cover corporate governance and leadership developments, such as executive transitions and Board changes, as well as Teladoc Health’s participation in industry conferences and collaborations with other virtual care technology providers. This news page aggregates these updates so readers can follow Teladoc Health’s operational, strategic and financial developments over time.
Teladoc Health has appointed Dr. Vidya Raman-Tangella as Chief Medical Officer, effective April 25, 2022. Dr. Raman-Tangella will spearhead the company's clinical strategy, focusing on health equity, clinical evidence, and physician training. With over two decades of experience, she previously led healthcare solutions at Amazon Web Services. Teladoc aims to enhance patient care through data and technology, affirming its commitment to whole-person virtual care. CEO Jason Gorevic expressed enthusiasm for her leadership in pushing innovation for better health outcomes.
Teladoc Health has partnered with Northwell Health to enhance virtual care delivery, leveraging its collaboration with Microsoft. This agreement will enable Northwell to utilize Teladoc's platform across 20 hospitals initially, expanding to more affiliates over time. The partnership aims to improve clinical teamwork and patient access to a variety of services, fostering better health outcomes. Teladoc's integrated solution will streamline both consumer and provider interactions, thereby optimizing telehealth programs for enhanced care quality.
Teladoc Health (NYSE: TDOC), a leader in virtual healthcare, is set to announce its Q1 2022 results on April 27, 2022, after market close. A conference call hosted by the company will occur at 4:30 p.m. E.T. the same day to discuss these results. U.S. participants can access the call at 1-844-200-6205, while international participants can dial 1-929-526-1599, referencing conference ID #843324. A live audio webcast will also be available.
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Teladoc Health has launched a pioneering voice-activated general medical virtual care service in collaboration with Amazon Alexa. This innovative feature allows U.S. customers to connect with Teladoc care providers 24/7 using supported Echo devices. Users can initiate a consultation by saying, 'Alexa, I want to talk to a doctor.' Initial consultations will be audio-only, with video visits planned for the future. Costs can be as low as $0 with insurance, or $75 without. This partnership aims to enhance healthcare accessibility and convenience for consumers.
Teladoc Health (TDOC) reported a robust fourth quarter revenue increase of 45% year-over-year, reaching $554.2 million. The total visits surged 41% to 4.4 million. For the full year, revenue grew 86% to $2.03 billion with cash flows from operations at $194 million. The company projects 2022 revenue of $2.55 to $2.65 billion, indicating a growth rate of 25% to 30%. Despite a net loss of $11 million in Q4, the adjusted EBITDA rose 53% to $77.1 million.
Teladoc Health (NYSE: TDOC) published its annual corporate social responsibility (CSR) report, highlighting its commitment to community service amidst ongoing global challenges. In 2021, approximately 53% of new U.S. hires identified as racial minorities, with a target to increase leadership diversity by 10% in 2022. The company aims to enhance health equity by improving access to culturally aware healthcare. Teladoc also offered free support to communities affected by climate change and exceeded its goal of 10,000 volunteer hours in 2021. The full report is available on their website.
Teladoc Health (NYSE: TDOC), a leader in whole-person virtual care, announced CEO Jason Gorevic and CFO Mala Murthy will attend the Citi Healthcare Conference on February 24, 2022, and the Cowen Healthcare Conference on March 9, 2022. A live audio webcast and replay will be available on their official investor relations site.
Ranked best in KLAS for Virtual Care Platforms in 2021, Teladoc aims to transform healthcare experiences through personalized interactions and proprietary health signals.
Teladoc Health has launched Chronic Care Complete, a comprehensive chronic condition management solution aimed at improving health outcomes for individuals living with multiple chronic conditions. The program offers a unified experience combining health monitoring devices, coaching, and support from healthcare professionals, specifically targeting pre-diabetes, diabetes, hypertension, and mental health. Leveraging insights from the 2020 merger with Livongo, this initiative highlights Teladoc's commitment to whole-person care. Chronic Care Complete will be accessible through health plans or employers.
Big Health announces Gabriela Perez as its new Chief Commercial Officer to lead global commercial growth and strategy. With over 20 years of experience in healthcare technology, Perez previously managed significant growth at Ovia Health, which was acquired by Labcorp (NYSE: LH) in August 2021. She also contributed to Best Doctors, acquired by Teladoc Health (NYSE: TDOC) in June 2017. Under her leadership, Big Health aims to enhance coverage and reimbursement for digital therapeutics, leveraging its innovative products proven effective in mental health treatment.
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