Teladoc Eyes Hospital Growth, Says Primary Care Is 'Just The Beginning'
Posted Nov 1, 2021 from healthcareitnews.com
The company logged 3.9 million visits in Q3, notching 37% growth from the previous year. But it reported $84.3 million in net loss, compared with $35.9 million for the same period in 2020.
In an earnings report released this week from Teladoc Health, the telehealth giant reported 81% year-over-year revenue growth in the third quarter to $522 million.
The company also pointed to what it called "significant new agreements" with CVS Health and Centene to provide its primary care offering, Primary360.
"By leveraging our unique combination of data, analytics, technology and dedicated healthcare professionals, we are driving growth across our business," Jason Gorevic, CEO at Teladoc Health, said in a statement.