What do you get when you combine a company with a commodity business model, that out of desperation massively overpays for another company that has a commodity business model? $10 billion in writeoffs if you are Teladoc. Teladoc arranges virtual patient visits. Livongo did some goofy care and disease management model. Neither company had any prospects of significant profitability because anyone can do what they claim to do. Teladoc's purchase of Livongo was beyond stupid and investors are paying the price. There are a lot of dumb people in business and finance.
The Healthy Skeptic is a website about the health care system, and is written by Kevin Roche, who has many years of experience working in the health industry. Mr. Roche is available to assist health care companies through consulting arrangements through Roche Consulting, LLC and may be reached at [email protected].
The Healthy Skeptic is a website about the health care system, and is written by Kevin Roche, who has many years of experience working in the health industry. Mr. Roche is available to assist health care companies through consulting arrangements through Roche Consulting, LLC and may be reached at [email protected].
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