Teladoc

Teladoc reports a 3% increase in revenue to $646M in Q1 2024

Virtual care company Teladoc reported $646.1 million in revenue in the first quarter of 2024, a 3% increase from $629.2 million in Q1 2023. Its revenue from Teladoc Health Integrated Care increased to $377.1 million in Q1 2024, an 8% increase year-over-year, and BetterHelp revenue decreased 4% to $269 million.  The company posted an adjusted …

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Teladoc Health CEO Jason Gorevic departs after stock falls 22% in February

Jason Gorevic, CEO and board member of telehealth platform Teladoc Health, is stepping down after 15 years leading the company, and Mala Murthy, the company’s chief financial officer, is stepping in as acting CEO.  Gorevic’s departure, effective immediately, comes after the company’s stock plummeted 22% in February. It missed fourth-quarter earnings estimates and projected 2024 …

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Teladoc Health will integrate Microsoft AI for automated clinical documentation

Telehealth platform Teladoc Health is expanding its collaboration with Microsoft to integrate the tech giant’s AI solutions into its platform, allowing providers to automate clinical documentation creation during virtual exams.  The virtual care company will integrate Microsoft Azure OpenAI Service, Azure Cognitive Services, and conversational and ambient clinical documentation solution Nuance Dragon Ambient eXperience (DAX) …

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