Latest news with #virtualcare
Yahoo
a day ago
- Business
- Yahoo
Teladoc Health expands in Australia with Telecare acquisition
Teladoc Health has announced the acquisition of Telecare, which provides virtual allied and specialist healthcare services in Australia. This strategic move aims to expand Teladoc Health's footprint in the Australian healthcare market, providing broader access to virtual care for individuals in the country. Telecare operates a virtual care clinic and has a network of more than 300 specialists across over 30 specialities. The company has played a significant role in reducing wait times for patients and enhancing speciality care access, particularly in underserved areas. Its services cater to appointments referred by general practitioners (GPs) and public hospitals. The acquisition aligns with the enterprise strategy of Teladoc Health to grow its international business. The company has been operating in Australia for 15 years and offers virtual health services through partnerships with hospitals and insurers. Recently, Teladoc Health introduced virtual care solutions to the hospital sector in Australia, including virtual neonatology at Mater Misericordiae University Hospital. Teladoc Health International president Carlos Nueno said: 'Teladoc Health is improving access to care globally through virtual innovation and technology. 'We believe joining forces with Telecare will help us advance our mission—especially for those in regional and remote areas—by combining our technological solutions and services to support one of the leading health markets around the world.' In 2024, Teladoc Health reported revenues exceeding $2.5bn and facilitates access to care for over 100 million individuals. It has integrated its technology across many health systems and hospitals globally. This includes Charité in Germany and the NHS in the UK. Following the acquisition, Telecare will continue to operate under its brand, led by the management team and existing founders, ensuring continuity and local expertise for the Australian market. Financial terms of the transaction have not been disclosed. "Teladoc Health expands in Australia with Telecare acquisition" was originally created and published by Hospital Management, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Why Teladoc (TDOC) Stock Is Trading Up Today
What Happened? Shares of digital medical services platform Teladoc Health (NYSE:TDOC) jumped 3.7% in the afternoon session after the company announced its acquisition of Telecare, an Australian virtual care provider, to expand its international footprint. The strategic acquisition of Telecare, an Australian virtual care provider, bolsters Teladoc's international presence, adding over 300 specialists across 30 specialties to its network. While the company stated the deal, which closed on August 8, is not expected to significantly impact its 2025 financial results, it strengthens its foothold in the Australian market where it has operated for over a decade. After the initial pop the shares cooled down to $7.59, up 4% from previous close. Is now the time to buy Teladoc? Access our full analysis report here, it's free. What Is The Market Telling Us Teladoc's shares are extremely volatile and have had 42 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 2 days ago when the stock gained 8.8% on the news that markets continued to rally as the latest inflation data reinforced expectations for a Federal Reserve rate cut as soon as September. The latest Consumer Price Index (CPI) report for July showed inflation holding steady, reinforcing market expectations that the Federal Reserve could begin cutting interest rates as soon as September. Lower interest rates generally stimulate the economy by making borrowing cheaper for consumers and businesses. This can lead to increased consumer spending and e-commerce activity, which directly benefits online retail and marketplace companies. The positive economic outlook fueled a broad-based rally, pushing the S&P 500 and Nasdaq to new record highs and lifting most growth-oriented technology stocks. Teladoc is down 20.2% since the beginning of the year, and at $7.59 per share, it is trading 47% below its 52-week high of $14.33 from February 2025. Investors who bought $1,000 worth of Teladoc's shares 5 years ago would now be looking at an investment worth $37.04. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
Medscape
11-08-2025
- Health
- Medscape
Virtual Support Enhances Healthcare for BC's Rural Patients
A network of virtual services in British Columbia (BC) is increasing healthcare access and support in rural, remote, and First Nations communities, a new analysis revealed. But more needs to be done to fully bridge healthcare gaps. The Real-Time Virtual Support (RTVS) network is an integrated, hybrid-care model that delivers publicly funded virtual care. Staffed by BC-licensed providers, RTVS builds capacity to enhance — rather than replace — existing healthcare infrastructure. The network offers both direct patient care and clinical decision support for community health professionals. A shared electronic record documents all care activities, with structured communication protocols connecting primary and emergency care providers. Kendall Ho, MD 'Virtual care boomed at the onset of the COVID-19 pandemic. Yet there has been so far a lack of definitive evidence in the literature as to whether virtual care truly improves access, efficacy, safety, and cost effectiveness for patients and the health system,' lead author, Kendall Ho, MD, told Medscape Medical News. Ho said he hopes his recent article, published online on July 28 in the Canadian Medical Association Journal , will contribute positive evidence of virtual care and how he and his team approach its coordinated delivery, encouraging further knowledge exchange between provinces and other virtual care programs. Ho is a professor of emergency medicine at faculty of medicine, The University of British Columbia, Vancouver, and medical director of the BC Ministry of Health's HealthLink BC 8-1-1 virtual physicians program. Addressing Healthcare Gaps 'With the right partnerships and coordination, virtual services can actually enhance and increase capacity for in-person services,' Ho noted. For example, the network's peer-to-peer services partner with rural providers to help maintain care services and to offer access to more specialized services in the community when needed. 'Our virtual, direct patient services help patients appropriately manage health concerns at home when emergency visits are not necessary and accelerate those needing urgent treatments to go to emergency rooms, thereby relieving pressure on our emergency service,' he added. Nurses triage 8-1-1 callers using the Healthwise algorithm and their clinical judgment to a visit with a virtual physician — who provides assessment and advice via telephone or video conferencing — or to in-person primary or emergency care. Since its founding in 2020, RTVS has had more than 20,000 encounters with peer-to-peer services in 129 rural, remote, and Indigenous communities; 12,000 appointments annually with First Nations primary and specialist services; and 176,000 patient calls to the 8-1-1 virtual physician service, the authors reported. The urgent generalist service, Rural Urgent Doctor In-aid, mainly has supported nurses at rural health centers (76% of encounters), according to the authors. Pediatric peer support (ie, Child Health Advice in Real-Time Electronically) was sought more often by physicians (78%), whereas obstetric peer support (ie, Maternity and Babies Advice Line) was almost evenly split between physicians and nurses. The First Nations primary and specialist services, respectively, generally provide 11,000 and 2000 encounters annually, with clients primarily from the Northern, Interior, and Vancouver Island regions. In addition, clients have about 3-4 visits lasting 30-40 minutes annually, suggesting that these Indigenous-led services address an important healthcare gap for First Nations clients in BC. However, the authors wrote, 'evidence is limited, and Indigenous-led evaluation will be prioritized to share learnings from these pathways.' The authors also noted a potential 'harm' with RTVS — namely a deepening of the 'digital divide', as individuals who have digital access and skills may be offered better services, thereby marginalizing those without access. 'We envision a new normal when virtual care will be tightly integrated with in-person care for complementarity, and that conventionally underserved populations — in particular, rural, remote, First Nations, and Indigenous populations — will be able to access the care they need just in time, just for them, and with just-in-case availability,' Ho concluded. 'Rural Care Is Essential' Shortly before the publication of the CMAJ article and in line with its messages, the Canadian Association of Emergency Physicians (CAEP) released a statement highlighting the need for 'smart, sustainable networks of emergency care…especially in rural and remote communities.' 'Rural emergency care is not optional. It is essential,' according to the statement. For that to happen, emergency medicine needs 'networks, not silos.' Michael Howlett, MD CAEP Past President Michael Howlett, MD, adjunct associate professor of emergency medicine at Queens University, Kingston, Ontario, and associate professor at Dalhousie University, Halifax, commented on the RTVS article for Medscape Medical News , and its relevance for emergency physicians in BC and other regions. 'RTVS is doing an excellent job with what they're given,' he said. 'The biggest problem is the lack of boots on the ground — the lack of people actually present in person to deal with high-level emergencies.' 'Their service can facilitate patients' knowing where they need to go or what they need to do next, but they can't actually lay hands on someone to fix a problem,' he continued. 'If you have a broken leg and it needs to be set, you can't reach through the TV camera and do it. You can't reach through the screen and take out a foreign body. You can't do certain types of exams on people. You have to have someone do it.' 'My biggest worry is that when systems like this are successful, governments will see virtual care as fixing the entire capacity problem and miss the point that even though they don't happen as often, serious, life-threatening problems require a different sort of care than virtual care. They require someone there.' Often, he said, 'We're doing virtual care because we have no choice not because it's the best way.' Clinicians working in small communities also need to be aware that not everything can be delivered virtually, Howlett added. 'If you're going to work in these systems, you have to know the limitations and you have to know what resources you have to give people as alternatives. You also need to know that the system requires advancement and capacity, and we all should be advocating for that.' No funding was reported. Ho reported leading the Digital Emergency Medicine Unit at The University of British Columbia. The BC Ministry of Health provided funding to Ho's unit, through an explicit arrangement with The University of British Columbia, for the unit to help organize and implement the BC Ministry of Health 8-1-1 Virtual Physicians line and to evaluate the RTVS network. Howlett reported no relevant financial relationships.
Yahoo
06-08-2025
- Business
- Yahoo
DialCare Announces Partnership With Zelis to Expand Access to Telehealth Solutions
Collaboration introduces virtual care services for Zelis' growing network of clients and partners. FRISCO, Texas, Aug. 6, 2025 /PRNewswire/ -- DialCare® proudly announces a strategic partnership with Zelis, a leading provider of healthcare technology solutions dedicated to modernizing the healthcare financial experience. DialCare's robust suite of telehealth services – including Urgent Care, Virtual Primary Care, Therapy, Psychiatry, Teledentistry and Virtual Vet – will now be made available to Zelis' growing network of brokers, third-party administrators (TPAs) and healthcare payers. With a mission to remove friction from the healthcare financial system, Zelis actively seeks to simplify the process of finding, navigating and paying for care. With five core capabilities that span the entire financial journey, from building and managing high-performing networks to empowering members to shop for and access care, ensuring claims are accurate to seamless delivery of payments and associated communications, Zelis is helping reduce costs and administrative burden, while improving the experience of payers, providers and members. This partnership with DialCare marks the introduction of Zelis' first telehealth product offering. DialCare offers a robust suite of virtual care products that provides modern solutions for non-emergency illnesses, general care, mental health concerns, dental care and pet health advice. Available nationally to consumers and organizations of any size or industry, DialCare's virtual care solutions are available as standalone products or as part of a bundled offering. "We're excited to partner with Zelis to further improve and expand access to care," said Becca Bean, senior vice president of DialCare. "As many organizations seek to diversify their benefits offerings to meet evolving consumer demands, DialCare is proud to offer our telehealth product suite through Zelis' growing network of TPAs, brokers and beyond." DialCare is an affiliate company of Careington International Corporation, a leader in the health and wellness benefits space for more than 45 years. After gaining deep insight and experience delivering virtual care solutions through various telemedicine vendors, Careington launched its own telehealth company — DialCare — in 2017. Since its inception, DialCare has grown significantly and established itself as a key differentiator in the telehealth industry. "DialCare is proud to partner with an innovative company like Zelis," said Stewart Sweda, CEO of Careington and DialCare. "Our ongoing mission to expand access to affordable, high-quality care is further strengthened as we continue to modernize and broaden the ways in which we serve clients and members across the nation." "By joining forces, we're accelerating our ability to offer alternative network models that expand access to care—whether that's reaching underserved regions or meeting consumers where they are with more convenient, digitally enabled options. This collaboration brings us one step closer to fulfilling our mission: removing the friction that too often stands between patients and the care they need. Together, we're creating a more seamless, connected experience that lets care flow freely and effectively," said Jay Deady, President, Price Optimization, at Zelis. For more information on DialCare's suite of products available to organizations and individual consumers, please visit About DialCare DialCare is an innovative industry leader committed to providing affordable access to virtual care to help people improve their overall health and well-being. Across a robust suite of virtual health services, DialCare offers seven comprehensive, high-demand telehealth solutions, including a Physician Access program that provides 24/7/365 access to non-emergency care from a national network of U.S.-based, fully credentialed physicians and virtual primary care for long-term care of chronic conditions with dedicated physicians; a Mental Wellness program that provides virtual counseling and psychiatry with licensed mental health professionals for mental and behavioral healthcare; a Teledentistry program for 24/7/365 access to consultations with licensed dentists via video or phone chat; and a Virtual Vet program that provides 24/7/365 access to guidance and information from licensed veterinary professionals. DialCare is available nationally to consumers and organizations of any size or industry. DialCare's virtual care solutions are available as standalone products or as part of a bundled offering. For more information on DialCare, please visit Contact:Jamie SaundersDialCareSenior Vice President of Marketing and Communications Email: jamies@ Phone: (833) 640-3425 ext. 2902 View original content to download multimedia: SOURCE DialCare Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CBC
29-07-2025
- Health
- CBC
Can virtual care services solve the health-care staffing crisis in rural B.C.?
On Monday, a peer-reviewed study found that an initiative called the Real-Time Virtual Support network helped improve access to health care in rural B.C. Lead author Kendall Ho, a professor at the University of B.C.'s department of emergency medicine, said it was important to pair virtual care with an increase in in-person health facilities. Dr. Gavin Parker, president of the Society of Rural Physicians of Canada, argues that while virtual care programs are beneficial, there are also opportunities to increase funding to rural communities.
