Behavioral Health Business February 24, 2022
BetterHelp – the direct-to-consumer mental health platform owned by Teladoc Health Inc. (NYSE: TDOC) – posted a strong performance in 2021, as it pulled in $700 million in global revenue.
Billed as the world’s largest online therapy service, BetterHelp’s 2021 revenue figures were a record high for the platform – which was purchased by Teladoc in 2015 for $4.5 million.
More than 2.5 million people have been served by over 20,000 BetterHelp therapists and according to Teladoc CEO Jason Gorevic, more growth is on the way.
“Mental health remains another key priority for us and an area where we continue to see tremendous demand for care,” Gorevic told analysts Tuesday during the company’s fourth quarter (Q4) earnings call for...
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