Teladoc in the headlines: 6 recent stories

From hiring a former Renton, Wash.-based Providence executive to reporting a net loss of $9.78 billion in its second-quarter earning report, here are six of the most recent healthcare moves from Teladoc as reported by Becker's:

  1. Teladoc expanded the offerings for Primary360, its virtual primary care platform, to give members improved access to care. The new offerings include care coordination support, same-day medication delivery, in-home and on-demand phlebotomy services, and a partnership with Michigan health insurer Priority Health.

  2. Teladoc and Amwell settled their two-year patent infringement lawsuit over technologies used in remote patient monitoring on July 6. Both companies came to an agreement to drop all claims and counterclaims without prejudice.

  3. Teladoc hired former Providence exec Mike Waters as chief operating officer. Mr. Waters, who previously served as executive vice president and chief executive of the ambulatory care network at Renton, Wash.-based Providence, will work with Jason Gorevic, CEO of Teladoc. 

  4. In its second-quarter 2022 earnings report, Teladoc reported a net loss of $9.78 billion. The company also reported a $3 billion hit from an impairment charge that pushed the company to a loss of $19.22 per share.
     
  5. Teladoc offered free general medical telehealth visits to individuals affected by the Kentucky flood. The virtual care services were offered for conditions including sinus problems, respiratory infections, allergies, cold and flu symptoms, and many other non-emergency illnesses.

  6. On Aug. 10 Teladoc launched an A1C at-home diabetes testing program for members of its Livongo diabetes management program.

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