Teladoc Acquires AmeriDoc, Expands Service Offerings and Member Base

Acquisition broadens Teladoc's reach to provide services to new market segments.

(DALLAS, Texas) May 9, 2014Teladoc, the nation's first and largest telehealth provider with more than 7.5 million members, announced today the acquisition of AmeriDoc, a telehealth company founded in 2007. This acquisition supports Teladoc's strategy for growth into new and fast-growing market segments.

"The positive impact of telehealth on our health care system has fueled rapid adoption across all market segments," said Jason Gorevic, Teladoc's CEO. "With this acquisition, Teladoc will accelerate the reach of its services to a larger base of clients, partners and patients and extend its leadership position in the exploding telehealth arena."

Through Teladoc, patients consult with a physician via phone or secure online video to receive treatment for non-emergency medical issues, such as allergies, bronchitis, pink eye and sinus problems. Teladoc physicians complete more than 250,000 consults annually, have an average of 15 years experience and score a 95 percent patient satisfaction rate. Teladoc is also the first and only telehealth company to be certified by the National Committee for Quality Assurance (NCQA). This certification demonstrates the highest commitment to quality health care.