What is Teladoc?
Teladoc is a telemedicine company that provides virtual healthcare services to patients through video, phone, or messaging consultations. The company's services allow patients to connect with licensed US-based doctors, dermatologists, therapists, and psychiatrists 24/7 from anywhere in the United States. Teladoc's mission is to provide convenient and affordable access to healthcare services to everyone. The company provides services for non-emergency medical issues such as allergies, infections, cold and flu symptoms, mental health conditions, and dermatological issues.
Patients can access Teladoc's services by signing up for a membership or through their employer-provided health plan. The company's doctors can diagnose and treat patients virtually, recommend a treatment plan, and write prescriptions if necessary. Teladoc's doctors are US board-certified and licensed to practice medicine , and the company ensures that they follow strict guidelines to maintain the highest standards of quality and care.
In addition to providing healthcare services to patients, Teladoc partners with employers and healthcare providers to improve clinical and financial outcomes. The company's virtual care solutions help organizations address top cost drivers, improve employee health, and increase access to care. Teladoc's virtual care platform includes services such as chronic care management, mental health support, and second opinions.
Overall, Teladoc is a leading telemedicine company that is revolutionizing the healthcare industry by providing convenient and accessible healthcare services to patients. Its innovative virtual care solutions and committed team of US-based doctors have made it possible for individuals and organizations alike to access quality medical care anytime and anywhere.
Frequently Asked Questions about teladoc
What is Teladoc? Teladoc is the first and largest provider of telehealth medical consults in the United States, giving members 24/7/365 access to quality medical care through phone and video consults.
Teladoc Health, Inc.
may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of TDOC, demonstrate its potential to outperform the market. It currently has a Growth Score of A.
As of September 2021, the combined Philips and Teladoc Health solutions are being offered to public and private health networks across Australia and New Zealand.
See how Teladoc Health compares to similar products. Teladoc Health's top competitors include Doctomatic, TytoCare, and K Health. Doctomatic is a remote management platform for chronic patients. It transmits the data provided by non-invasive medical devices via a mobile application to a medical pl…
Teladoc Health Inc (NYSE:TDOC)
The 20 analysts offering 12-month price forecasts for Teladoc Health Inc have a median target of 28.50, with a high estimate of 40.00 and a low estimate of 20.00. The median estimate represents a +46.15% increase from the last price of 19.50.
This underperformance of TDOC stock since 2021 can be attributed to the opening up of economies post Covid-19 restrictions. Investors are worried that the rise in Teladoc's sales was pandemic related, and now more people will visit doctors rather than a virtual meeting.
Teladoc visits are currently available in the United States and Canada.
Absolutely. Every Teladoc doctor is based in the U.S. and licensed to practice medicine in their respective state. Our doctors average 20 years of experience, go through stringent vetting, and adhere to all HIPAA laws and regulations.
Teladoc is currently sporting a Zacks Rank of #3 (Hold). The Medical Services industry is part of the Medical sector. This industry, currently bearing a Zacks Industry Rank of 161, finds itself in the bottom 37% echelons of all 250+ industries.
Teladoc Health
Founded in 2002, Teladoc Health is the largest telemedicine company by revenue. The American Medical Association (AMA) is working to extend telehealth coverage and ensure all communities can access virtual care.
The service expected the TDOC stock could surge to an average price of $305.33 by the end of December 2023 and $873.42 by the end of December 2025.
Consensus Analyst Price Target
| Type | Current 10/8/22 to 10/8/23 | 3 Months Ago 7/10/22 to 7/10/23 |
|---|
| Buy | 6 | 7 Buy rating(s) |
| Hold | 9 | 15 Hold rating(s) |
| Sell | 0 | 0 Sell rating(s) |
| Consensus Price Target | $31.13 | $31.86 |
Teladoc Health Inc (NYSE:TDOC)
The 20 analysts offering 12-month price forecasts for Teladoc Health Inc have a median target of 28.50, with a high estimate of 40.00 and a low estimate of 19.00. The median estimate represents a +53.72% increase from the last price of 18.54.
Largest shareholders include ARK Investment Management LLC, Vanguard Group Inc, ARKK - ARK Innovation ETF, BlackRock Inc., Sumitomo Mitsui Trust Holdings, Inc., Nikko Asset Management Americas, Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Renaissance Technologies Llc, and ...
Telehealth - sometimes called telemedicine - lets your health care provider care for you without an in-person office visit. Telehealth is done primarily online with internet access on your computer, tablet, or smartphone.
With every service offered, the goal remains the same: to help people in need get the right diagnosis and treatment, significantly improving health outcomes. In 2017, Best Doctors became a part of Teladoc Health, the largest, most trusted provider of virtual care delivery in the world.
