Fierce Healthcare January 13, 2020
Teladoc Health CEO Jason Gorevic said ongoing market trends such as the move to value-based reimbursement, bundled payments and provider-payer partnerships will drive further growth of telehealth services.
During the 38th annual J.P. Morgan Healthcare Conference in San Francisco on Monday, Teladoc Health CEO Jason Gorevic reported the company had a “record” fourth quarter in 2019, beating revenue expectations.
Teladoc expects fourth-quarter 2019 top-line revenue to be between $155 million to $156 million, exceeding its fourth-quarter revenue guidance of $149 million to $153 million. The company also expects full-year 2019 revenue between $552 million to $553 million, which significantly exceeds the top end of its full-year guidance of $546 million to $550 million.
One-third of that revenue growth comes from increased visit revenue,...