Teledoc Moves into French Telemedicine

Teledoc Moves into French Telemedicine

Teladoc, Inc. (NYSE: TDOC) announced this week it will acquire MedecinDirect, an accredited mobile platform for the healthcare industry. MedecinDirect provides personalized medical advice and subscriptions to patients online and by telephone. The deal will combine Teladoc’s virtual care services with MedecinDirect’s consultation and prescription digital health solutions. The organization will become the French country unit of Teladoc Health. This acquisition adds to the growing list of purchases focused on telemedicine and virtual health. You might remember a few earlier this year. Medici bought Chiron Health in January for an undisclosed amount. Chiron provides secure remote... Read More »

Telehealth Deals Come Calling

Telehealth companies have proliferated rapidly in recent years, and so have mergers and acquisitions targeting them. In the first half of 2017, 11 deals have been made public for U.S. companies or physician groups specializing in telehealth, compared with 13 deals announced in all of 2016. The latest deal from Teladoc (NYSE: TDOC) adds a global component to its roster. On June 19, Teladoc announced the acquisition of Best Doctors, Inc., backed by Brown Brothers Harriman & Co. Best Doctors is a medical consultation company with a global network of more than 50,000 medical experts. These experts are peer-rated in a Gallup-certified poll as being in the top 5% of physicians in... Read More »