Teladoc Health Inc Stock Price, News & Analysis

Teladoc Health has expanded its partnership with the National Labor Alliance (NLA) to provide a comprehensive suite of virtual healthcare services to its six million members across the U.S. This partnership builds on an existing relationship that began in 2016. The services include general medical, mental health, expert medical services, and chronic condition management. The goal is to improve healthcare outcomes while reducing costs, especially for labor members who often face difficulties accessing medical care. The partnership underscores Teladoc's commitment to whole-person virtual care.

Teladoc Health (TDOC) is offering free, 24/7 telehealth services to residents and first responders affected by recent tornadoes in Kentucky. This allows individuals impacted by the disaster to access licensed healthcare professionals for non-emergency illnesses, including respiratory issues and cold symptoms, without any cost. The service also supports COVID-19 screening. Earlier, similar services were provided to those impacted by Hurricane Ida and winter storms in the southern U.S. For further details, visit the disaster hotline on Teladoc's website.

Teladoc Health (NYSE: TDOC) has announced its upcoming Investor Day scheduled for November 18, 2021, featuring insights from senior management, including CEO Jason Gorevic and CFO Mala Murthy. The event will focus on the rapid growth of the healthcare industry and Teladoc's strategic vision. Interested parties can access the event through a live audio webcast at Teladoc's Investor Relations page. A replay will be available for approximately 90 days following the event.

Teladoc Health (TDOC) reported an impressive 81% year-over-year revenue growth to $522 million for Q3 2021. Total visits reached 3.9 million, up 37% compared to Q3 2020. The company updated its 2021 revenue outlook to $2,015 million - $2,025 million. Significant partnerships with CVS Health and Centene were established, enhancing care access. However, a net loss of $(84.3 million) was reported, increasing from $(35.9 million) in the prior year. Despite the losses, Teladoc maintains confidence in continued growth and innovation moving forward.

Teladoc Health (NYSE: TDOC) will announce its third-quarter 2021 results on October 27, 2021, post-market close. A conference call for discussing the results will take place at 4:30 p.m. E.T. the same day. Participants can join via phone or a live audio webcast. A recording of the call will be available for 90 days afterward. Teladoc is recognized as a leader in whole-person virtual care and has received notable rankings for its telehealth services.

Teladoc Health has launched its Primary360 primary care service, targeting commercial health plans and employers across the U.S. This initiative addresses healthcare access issues, with two-thirds of new members lacking regular primary care. Early results indicate that 25% of Primary360 members have received new diagnoses of chronic conditions like diabetes and hypertension. The service enhances connectivity to various healthcare services, with over 50% of members utilizing additional offerings. Fortune 1000 employers are already engaged, with more expected to launch in 2022.

Quantum Health announces Zane Burke as the new CEO, succeeding founder Kara Trott, who remains as Chairman. Burke, previously CEO of Livongo Health, brings proven experience in scaling SaaS and enterprise software healthcare companies. Under his leadership, Livongo underwent a significant IPO and merged with Teladoc for $18.5 billion, creating a virtual care giant. Quantum Health is recognized for its effective healthcare navigation model, aiming to enhance member value and expand into new markets. The company, founded in 1999, has received multiple awards for its innovative consumer-first approach.

Teladoc Health (TDOC) offers free 24/7 telehealth visits to residents and first responders affected by Hurricane Ida in Louisiana and Mississippi. This initiative aims to ensure that displaced individuals can access medical care for non-emergency illnesses during this time of crisis.

Dr. Bimal Shah, Teladoc's chief medical officer, emphasized the importance of virtual care in supporting community health amidst the hurricane's impact. The service covers common conditions and COVID-19 screenings. Teladoc previously extended similar services to areas affected by forest fires and Tropical Storm Henri.