In the first quarter of 2024, Teladoc’s revenue reached $646 million, a 3% increase compared to the $629 million in revenue it reported in the same period last year.
Telehealth utilization has led to enhancements in certain healthcare utilization and quality metrics, but it has also been associated with a 1.6% increase in healthcare spending, Health Affairs research confirmed April 17.
Cerebral has agreed to pay the Federal Trade Commission $7 million due to the telemedicine company sharing consumers’ private health information and other sensitive data with advertisers without permission.
Shortly after Teladoc’s CEO Jason Gorevic exited the company, its chief accounting officer announced his resignation, Market Screener reported April 12.
A union is accusing Oakland, Calif.-based Kaiser Permanente of mishandling decisions about mental health services, the Los Angeles Times reported April 9.