Teladoc Health announced that it acquired UpLift in an all-cash transaction for $30 million, with up to $15 million in additional contingent earnout consideration.
Headquartered in Tampa, Florida, UpLift is a tech-enabled provider of virtual mental health therapy, psychiatry and medication management services. UpLift serves the health plan market and has arrangements covering more than 100 million lives and a network of more than 1,500 mental health professionals. According to the original deal press release from April 30, 2025, UpLift’s 2024 revenue was approximately $15 million.
Teladoc Health manages digital health services such as telehealth, AI and analytics. The organization delivers care in 175 countries and in more than 30 languages, partnering with employers, health systems and insurers.
UpLift will continue to be led by its existing CEO, Kyle Talcott, and continue to serve the marketplace. It will maintain ongoing responsibility for its provider network management, quality and patient outcome oversight, and the acceptance and administration of insurance coverage. The transaction closed on April 30, 2025, and the results of UpLift will be included in Teladoc Health’s BetterHelp reporting segment going forward.
According to data captured in the LevinPro HC database, this acquisition represents the 107th eHealth transaction of 2025, and the 19th in the telehealth specialty. This reflects a 23% increase from 82 eHealth transactions and a 72% increase from 11 telehealth deals announced between January 1, 2024, and April 30, 2024.
