Fierce Healthcare August 1, 2019
Strong growth in behavioral health virtual visits helped to boost Teladoc’s visit volume by 70% in the second quarter of 2019.
Telehealth company Teladoc saw revenues grow 38% to $130.3 million in the second quarter of 2019, up largely due to increasing volumes, officials said upon releasing their earnings on Wednesday.
During their quarterly earnings call on Wednesday with analysts, Teladoc CEO Jason Gorevic said second-quarter virtual visits jumped 70% to 908,000, with behavioral health virtual visits being a strong driver of that growth.
“During the quarter, we set several single-day high watermarks for our business-to-business service in terms of the number of visits with members coming to us for an increasing number of conditions,” Gorevic said.
Teladoc has...