Teladoc Health to Acquire InTouch Health in $600M Deal

Teladoc Health, Inc. (NYSE: TDOC), the global leader in virtual care, announced Sunday it has entered into a definitive agreement to acquire InTouch Health, the leading provider of enterprise telehealth solutions for hospitals and health systems. This acquisition positions Teladoc Health as the partner of choice for health systems seeking a single solution for their entire virtual care strategy, and establishes the company as the only virtual care provider covering the full range of acuity – from critical to chronic to everyday care – through a single solution across all sites of care worldwide. This announcement comes at a time when demand for virtual care services within the provider market is poised for significant growth, as favorable reimbursement tailwinds increasingly equip hospitals and health systems to fully realize the value of virtual care. Partnered with more than 450 hospitals and health systems with more than 14,500 physician users globally, and supporting 40+ clinical use cases, InTouch Health provides an award-winning, integrated suite of technology, software, purpose-built devices and a secure global network offering a high-quality managed experience for global health care providers.

Read the full article: Teladoc Health to Acquire InTouch Health in $600M Deal //

Source: https://www.globenewswire.com/news-release/2020/01/12/1969199/0/en/Teladoc-Health-to-Acquire-InTouch-Health.html

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