Teladoc health inc
Teladoc Health Inc. company information
Teladoc health Inc. is been seeing an incredible build in demand for virtual health visits. Yes, COVID-19 has played a key role in Teladoc's 2020 growth, with visits during the June-ended quarter up an astounding 203% to 2.8 million. But it's not like Teladoc wasn't growing like a weed well before the coronavirus pandemic altered our way of life. The push toward convenience and precision medicine vaulted Teladoc's revenue from $20 million a year in 2013 to $553 million in 2019, long before COVID-19 was declared a pandemic.
This could be just the beginning. There are a lot of reasons to think this growth will continue long after the COVID-19 outbreak is over. According to a Doctor.com poll of more than 1,800 adults, 83% of patients say they are likely to use telemedicine even after the pandemic ends.
Teladoc health does not pay any dividend yet.