Teladoc Health on LinkedIn: Leading Transformative Change to Shape the Next Generation of Healthcare (2024)

Teladoc Health

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What are the 5 biggest factors influencing healthcare innovation today? Distinguished leaders from Microsoft, Yale New Haven Hospital and American Telemedicine Association joined Teladoc Health’s Stephany Verstraete to share their thoughts during Forum 2024.

See highlights from Forum 2024 teladochealth.com

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Teladoc Health on LinkedIn: Leading Transformative Change to Shape the Next Generation of Healthcare (37)

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Teladoc Health on LinkedIn: Leading Transformative Change to Shape the Next Generation of Healthcare (2024)

FAQs

How will telehealth impact the future of healthcare? ›

Impact of Telehealth on Patient Care

Telehealth services can be particularly beneficial for those with chronic health conditions or limited transportation options. Telehealth saves patients time and money while reducing provider costs and decreasing wait times.

Why is Teladoc stock so low? ›

In a turbulent market environment, Teladoc (NYSE:TDOC) Inc's stock has plummeted to a 52-week low, touching down at $6.76. The digital healthcare company, once a pandemic-era darling, has faced significant headwinds, reflected in the stark 1-year change data showing a precipitous decline of nearly 70%.

What is the future of Teladoc Health? ›

Analysts expect Teladoc Health's revenues to rise 2.2% in 2024 and 3.6% in 2025. The company's revenue growth is now down to low single digits, while it continues to post perennial losses, with analysts modeling a net loss of nearly $185 million in 2024.

What is the competitive advantage of Teladoc? ›

The company's diverse service portfolio, including general medical, mental health, and chronic care management services, sets it apart from competitors. By offering a wide range of services, Teladoc can cater to a broader customer base and meet various healthcare needs, enhancing its market position.

How does telehealth improve access to health care give examples? ›

Access to Healthcare Information

Telehealth gives patients the ability to log into a secure patient portal to review their health records, prescriptions, referrals and upcoming appointments. This technology provides transparency and efficiency for patients, which helps improve their quality of care.

How is telemedicine transforming health care? ›

Reduced healthcare costs: By providing remote healthcare services, telemedicine can help to reduce the overall cost of healthcare by eliminating the need for patients to travel to receive care, reducing hospital readmissions, and streamlining the healthcare process.

What went wrong with Teladoc? ›

NYSE: TDOC

Shares of the telehealth services provider plummeted sharply at the open on Wednesday after the company posted weaker-than-expected financial results. The report wasn't pretty, and its guidance was also underwhelming from a top-line growth perspective.

Why is Teladoc crashing? ›

Teladoc remains under immense pressure as its BetterHelp division continues to underperform, dragging down the entire company's performance and share price value. Year-to-date, TDOC shares have lost over 56%, with the company facing multiple lawsuits for allegedly misleading shareholders.

Why did Teladoc lose so much money? ›

Shares of Teladoc Health Inc. sank after hours Tuesday after the telehealth provider, known for its BetterHelp therapy platform, offered a largely downbeat forecast for the months ahead and warned that the market for virtual-healthcare services is getting saturated.

Who is Teladoc biggest competitor? ›

Teladoc Health's alternatives and competitors. See how Teladoc Health compares to similar products. Teladoc Health's top competitors include Caresyntax, K Health, and Foodsmart. Caresyntax focuses on surgical outcomes through its AI-powered, vendor-neutral surgical data platform.

Is Teladoc in debt? ›

Total debt on the balance sheet as of June 2024 : $1.58 B

According to Teladoc Health 's latest financial reports the company's total debt is $1.58 B. A company's total debt is the sum of all current and non-current debts.

Why choose Teladoc? ›

We're a convenient and affordable way to speak with a licensed doctor 24/7 by phone or video for many common health issues. Our doctors can diagnose and treat cold and flu symptoms, upper respiratory infections, skin rashes, allergies and more.

Has Teladoc ever been profitable? ›

Our success is evident in our most profitable year to date, delivering 33% growth in adjusted EBITDA and free cash flow of $194 million in 2023."

How does Teladoc Health make money? ›

Contracting largely with insurers and large employers, Teladoc Health generates revenue through a yearly or monthly fee charged per subscriber, as well as a fee for individual consults.

Do people like Teladoc? ›

Teladoc is an excellent option for anyone looking for convenient, accessible healthcare. It's especially helpful for people who would prefer not to go to an in-person appointment or people with busy lifestyles that make it difficult to schedule in-person appointments. Teladoc also offers appointments 7 days a week.

Teladoc Health: A Clear Winner During (and ...Digital Data Design Institute at Harvardhttps://d3.harvard.edu ›

It is clear that Teladoc and other telemedicine providers are clear winners during today's global pandemic. The question is: Will they continue to be winner...
Teladoc offered a weaker-than-expected forecast for 2024, projecting slower revenue growth as the telehealth market has become crowded with digital health playe...
PURCHASE, NY, March 21, 2022 (GLOBE NEWSWIRE) -- Teladoc Health (NYSE: TDOC), the global leader in whole-person virtual care, today announced a first-of-its-kin...

Why virtual reality is the future of healthcare? ›

VR technology can make healthcare and healthcare training more accessible, interactive, and customizable. While adoption of VR in healthcare settings is still in its early days, more hospitals may turn to virtual solutions in order to serve more patients, train future doctors, and shore up against rising costs.

What problems does telehealth solve? ›

5 Problems You Can Solve With Telemedicine
  • Problem #1: Your Patients Live in a Rural Area. ...
  • Solution: Video Conferencing. ...
  • Problem #2: Scheduling Appointments Isn't Convenient. ...
  • Solution: Online Scheduling. ...
  • Problem #3: Your Patients Lack Healthcare Coverage. ...
  • Solution: Out-of-Pocket Virtual Visits.
Jun 23, 2020

How does telehealth impact healthcare costs? ›

Telehealth has the potential to reduce healthcare costs by cutting the need for in-person visits, which can be more expensive due to factors such as transportation costs, facility fees, and lost work time.

What impact does the use of telemedicine in nursing have on the overall healthcare system? ›

By keeping patients in their homes and allowing nurses and doctors to see more patients in less time, patients and medical institutions can save money. As reported by the National Cancer Institute, using telehealth services was associated with an average of $147 and $186 in savings per visit for patients.

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