PYMNTS.com February 5, 2025
Virtual care company Teladoc Health is bolstering its at-home diagnostics capabilities by acquiring Catapult Health.
The $65 million deal is designed to support Teladoc’s efforts to improve early detection of health conditions, according to a Wednesday (Feb. 5) press release.
“Catapult Health’s capabilities will help advance our strategy in meaningful ways — from giving more members access to convenient and impactful wellness and preventative care, to unlocking greater value for our customers,” Teladoc CEO Chuck Divita said in the release. “Catapult Health brings an experienced team and a strong culture of innovation, and we are thrilled to welcome them to Teladoc Health.”
The purchase is more than three times the amount Teladoc paid for online mental wellness platform BetterHelp in...
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