Healthcare Innovation February 7, 2025
The $65 million acquisition will grow the virtual care giant’s lineup of preventative services.
The leaders of Teladoc Health Inc. have agreed to pay $65 million in cash for a Texas company that markets virtual preventive care services to more than three million covered lives.
Purchase, New York-headquartered Teladoc expects to close on its purchase of Catapult Health by the end of March. Dallas-based Catapult was founded in 2010 and sells at-home or at-work wellness exams and virtual follow-up services for what it says cost about half as much as an office-based checkup. In the 12 months ending Sept. 30, Catapult booked about $30 million in revenues. Among its hundreds of employer customers are well-known names Valvoline, Trane Technologies and...
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