The acquisition aims to strengthen Teladoc’s international footprint, the company wrote in a June 4 statement. Advance Medical works with 300-plus multinational employers and insurers across the U.S., South America, Europe and Asia to provide patients with virtual care services.
“This acquisition advances our strategy to continually expand our product portfolio, as well as our operational footprint in attractive global markets,” Jason Gorevic, CEO of Teladoc, said in the statement.
Under the agreement, Advance Medical co-founders Carlos Nueno and Marc Subirats will join Teladoc’s executive team and continue to lead Advance Medical’s business outside the U.S.
More articles on telehealth:
Emory Healthcare teams up with Australian hospital on remote ICU
American Academy of Pediatrics selects SnapMD as telehealth technology provider
Alabama hospital uses telehealth to minimize travel times for kidney transplant patients
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
