CNBC February 5, 2025
Key Points
– Teladoc Health announced it will acquire Catapult Health in an all-cash deal for $65 million.
– Catapult offers an at-home wellness exam, and Teladoc said the acquisition will help it improve its ability to detect health conditions early.
– The deal is expected to close in the first quarter of this year.
Teladoc Health shares climbed 6% Wednesday after the company announced it will acquire preventative care company Catapult Health in an all-cash deal for $65 million.
Catapult offers an at-home wellness exam that allows members to check their blood pressure, collect a blood sample, log other screening information and meet virtually with a nurse practitioner. Teladoc, a virtual care platform, said the acquisition will help it...
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