We are in the early innings on #telehealth. What gaps would you like your provider to fill?
Teladoc Health will do 12 million to 13 million visits this year in a U.S. market that will do around one billion total visits, annually, including mental health care.
FTA
Teladoc was a big stock market winner during the pandemic as medicine went virtual. However, the reopening and concerns about valuation and growth potential have pressured shares, down roughly 50% from its peak this year.
It does not help that Amazon has set its sights on the health-care industry.
Teladoc CEO Jason Gorevic isn’t worried about Amazon, saying the threat is “overrated,” but Wall Street analysts say there are questions about the company’s ability to grow into new care categories, along with better earnings and margins.
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We follow Amazon Care because they are changing the expectations of service in the market. We follow Teladoc because they are laying out a roadmap for telehealth that we should be following as providers.