Virtual Health Services

Search documents
Teladoc Health Acquires Telecare, Expanding Access to Specialist and Allied Health Care for Australians in Public and Private Health
Globenewswireยท 2025-08-14 21:00
Core Viewpoint - Teladoc Health has acquired Telecare, an Australian tech-enabled provider of virtual specialist and allied health care, enhancing its international presence and capabilities in virtual care delivery [1][4][5]. Company Overview - Teladoc Health is a global leader in virtual care, generating over $2.5 billion in revenue in 2024 and employing nearly 5,000 people [3]. - The company provides access to care for more than 100 million people and collaborates with leading healthcare institutions globally, including in the US, UK, Germany, Canada, and France [3]. Acquisition Details - Telecare operates Australia's leading virtual care clinic with over 300 virtual specialists across more than 30 specialties, improving access to specialty care and reducing patient wait times [2]. - The acquisition closed on August 8, 2025, with financial terms undisclosed, but it is expected to have an immaterial impact on Teladoc Health's financial results for the year [6]. Strategic Implications - The acquisition aligns with Teladoc Health's enterprise strategy to expand its international business, particularly in Australia, where it has a 15-year history [4]. - Teladoc Health aims to enhance access to care in regional and remote areas by combining its technological solutions with Telecare's services [5]. Leadership and Brand Continuity - Telecare will continue to operate under its existing brand and leadership team, ensuring continuity in service delivery to the Australian market [6].