Three things to know about Teladoc’s fourth-quarter financial performance:
- U.S. revenue experienced a 2% increase, reaching $564.8 million. International revenue saw a 15% increase, reaching $95.8 million.
- Teladoc Health’s Integrated Care segment revenue exhibited an 8% increase, totaling $384.4 million, while its BetterHelp segment revenue remained essentially flat at $276.2 million.
- Despite increased revenue, the net loss for the fourth quarter of 2023 was $28.9 million, or $0.17 per share. The loss was a significant improvement over the $3.8 billion loss the company recorded in the fourth quarter of 2022.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
