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Teladoc Acquires Telehealth Company, Expands Member Base

September 5, 2013
by Rajiv Leventhal
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Teladoc, the Dallas-based telehealth provider, has announced the acquisition of Consult A Doctor, a Miami Beach, Fla.-based telehealth company. With this acquisition, individuals and employees of small- to medium-size businesses will now have access to Teladoc’s national network of U.S. board-certified, state-licensed physicians for consults.

Through Teladoc, patients consult with a physician via phone or secure online video to receive treatment for non-emergency medical issues, such as allergies, bronchitis, pink eye, and sinus problems. Teladoc physicians complete more than 120,000 consults annually, have an average of 15 years experience, and score a 95 percent patient satisfaction rate, according to company officials.

"This acquisition marks a milestone for Teladoc by expanding our offerings and capabilities to new market segments," Jason Gorevic, Teladoc’s CEO, said in a statement. “With this acquisition, Teladoc will expand the reach of its services to more companies, health plans, organizations and individuals looking for quality healthcare solutions at an affordable cost. We’re proud to be the leader in telehealth and the acquisition will significantly increase our existing scale advantage over the rest of the market.”

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