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Teladoc makes its case for sustained growth
Teladoc CEO Jason Gorevic used the JPM 2024 stage to explain why the company believes it’s got plenty of “running room” to grow its integrated care business that connects people to a host of virtual health care services. During the pandemic, Teladoc spent years building awareness and signing up health plans and employers as customers. The company now hopes to generate more revenue from its existing clients, both by engaging with more of the 90 million people eligible for its services, and by selling more services to its customers.
In addition to virtual urgent care services, the company also offers programs for chronic conditions like diabetes, mental health services, a primary care offering, and a host of specialty care services like dermatology. Gorevic shared data showing an increase in the percentage of people enrolled in its general medical offering with access to another Teladoc service. Interesting side note: The company disclosed that 42% of its integrated care revenue comes from chronic care management.
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