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 reports news on its virtual care business, including financial results, segment performance, product innovation, technology investment, and governance updates. The company delivers and orchestrates care across patients, care providers, platforms, and partners through relationships with health plans, employers, providers, health systems, and consumers.
Recurring updates focus on Integrated Care, which includes virtual care solutions such as primary care, mental health, chronic care management, and telehealth enablement, and BetterHelp, the company’s direct-to-consumer online mental health offering. Company news also includes earnings calls, investor conference participation, board appointments and retirements, inducement equity awards, and strategic commentary on its clinical model and care-delivery platform.
Teladoc Health (NYSE: TDOC) has announced expanded capabilities for its Primary360 service, enhancing accessibility and convenience for members. Key features include health plan in-network referrals, free same-day medication delivery via Capsule, and in-home phlebotomy with Scarlet Health. The service's momentum continues as Priority Health integrates Primary360 into its offerings. Recently recognized by the CIO 100 list, Primary360 aims to improve healthcare access and support health equity.
Teladoc Health reported a first-quarter revenue increase of 25% year-over-year, totaling $565.4 million. However, the company faced a significant net loss of $6.7 billion, driven primarily by a $6.6 billion non-cash goodwill impairment charge. The adjusted EBITDA decreased 4% to $54.5 million. For 2022, Teladoc revised its guidance, anticipating revenue between $2.4 billion and $2.5 billion and a net loss per share ranging from ($43.50) to ($43.00).
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.