The company is currently on track to facilitate 250,000 telemedicine consults by the end of the year and has partnerships with major insurers including Blue Cross Blue Shield of California and Highmark.
“Teladoc has experienced phenomenal growth. After doubling revenue in each of the last two years, we look to accelerate this trend,” said Jason Gorevic, CEO of Teladoc. “This sizeable investment will allow us to quickly develop new products and services that deliver additional value for our customers while simultaneously expanding into new markets and distribution channels. Our goal is to extend our significant lead in the industry such that Teladoc is the de facto brand in telehealth.”
More articles on telemedicine:
8 latest stories on telemedicine
GWU Medical partners for telemedicine offerings
ACO bill would lift restrictions on telemedicine use
