Teladoc is a poster child for bad health care investments in overhyped technology. The vendor of telemedicine services did very well during the epidemic, did a really stupid purchase of Livongo, a disease management company, tanked its stock and is now trying to recover by making other acquisitions, in this case of Catapult Health for $65 million. Catapult supposedly will help because it has a virtual "wellness" check-up platform that will funnel people to Teladoc's chronic care business. Another poor strategy, over-priced acquisition for a company whose stock has gone from $300 to $12 in four years.
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 khroche@healthy-skeptic.com.
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 khroche@healthy-skeptic.com.
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