Fierce Health Payers October 31, 2019
Heather Landi

Telemedicine company Teladoc saw more than 50% growth in mental health virtual visits in the third quarter of 2019, helping boost its revenue for the quarter by 24% to $138 million.

The company’s total virtual visits grew 45% to 928,000 in the third quarter of 2019 compared to the same period last year, Teladoc CEO Jason Gorevic said during an earnings call after the close of business Wednesday.

Teladoc reported 2.9 million virtual visits so far in 2019, up 64% compared to the first nine months in 2018.

The company reported a net loss of basic and diluted share of $0.28, which beat Wall Street estimates. That compares to a net earnings loss of $0.34 during the third quarter in...

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Topics: Digital Health, Health System / Hospital, Mental Health, Patient / Consumer, Physician, Provider, Technology, Telehealth
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