Published on 16 Nov 2022 on Zacks via Yahoo Finance

Teladoc (TDOC) Achieves Momentous 50M Milestone in Visits

Teladoc Health, Inc. TDOC recently announced that the company has exceeded 50 million patient visits. It generated the amount through its global network of clinicians. It also said that the huge milestone has been achieved in addition to millions of patient visits through its enterprise platform for healthcare professionals.

It hit one million patient visits in 2015. The COVID-19 pandemic triggered the number of visits. TDOC expects demand for unified whole-person care to keep rising in the coming days. It has witnessed a four-times increase in primary-care visits, year to date. During the same period, its nutrition wing encountered 30% growth in visits.

Of the 50 million visits, around one-third of them took place in the last year alone. This highlights the strong momentum TDOC is witnessing currently. People enrolled in chronic condition management solutions through two or greater programs are growing at a steady pace. The metric was at 13%, 24% and 34% in 2020, 2021 and 2022, respectively. Currently, the company estimates that one in every four Americans has access to its services via their employers or health plans.