Teladoc Expands Global Reach with Acquisition of Australian Telecare
PorAinvest
viernes, 15 de agosto de 2025, 1:30 pm ET1 min de lectura
TDOC--
Telecare operates Australia's leading virtual care clinic and provides software solutions to the healthcare sector. With over 300 virtual specialists across 30 specialties, Telecare supports both GP-referred appointments and provides virtual care services to public hospitals across Australia. This acquisition will enable Teladoc Health to tap into the Australian market more effectively, reducing patient wait times and increasing access to specialty care in underserved areas.
The acquisition supports Teladoc Health's enterprise strategy, which includes expanding its international business. Teladoc Health already provides millions of Australian members access to virtual health services through relationships with insurers and hospitals. The company has also recently deployed innovative virtual care solutions into the Australian hospital market, including a virtual neonatology solution at the Mater Misericordiae University Hospital and a virtual telesurgery support system with Central Queensland Hospital and Health Service.
Carlos Nueno, President of International at Teladoc Health, stated, "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."
Michael Wang, co-founder and CEO of Telecare, added, "Teladoc Health is uniquely positioned to help accelerate the impact of our mission. We are proud of what we have achieved with Telecare in the Australian health landscape and our ability to help solve access and equity issues in healthcare delivery."
The acquisition closed on August 8, 2025, and financial terms were not disclosed. It is expected to be immaterial to Teladoc Health's financial results for the year. Telecare will continue to be led by its existing founders and management team and will continue to serve the Australian market under the Telecare brand.
This acquisition is a significant step for Teladoc Health in its mission to provide better access to healthcare globally through virtual innovation and technology.
References:
[1] https://finance.yahoo.com/news/teladoc-health-acquires-telecare-expanding-210000705.html
[2] https://seekingalpha.com/news/4486127-teladoc-stock-focus-telecare-buyout
Teladoc Health has acquired Telecare, an Australian virtual health provider and software solutions company. The acquisition expands Teladoc's reach in the virtual care market and provides access to over 300 virtual specialists. The deal is expected to enhance Teladoc's capabilities in providing virtual care services to patients worldwide.
Teladoc Health (NYSE: TDOC), a global leader in virtual care, has acquired Telecare, an innovative Australian tech-enabled provider of specialist and allied health care via virtual delivery. The acquisition aims to strengthen Teladoc Health's international presence and enhance its capabilities in delivering virtual care services.Telecare operates Australia's leading virtual care clinic and provides software solutions to the healthcare sector. With over 300 virtual specialists across 30 specialties, Telecare supports both GP-referred appointments and provides virtual care services to public hospitals across Australia. This acquisition will enable Teladoc Health to tap into the Australian market more effectively, reducing patient wait times and increasing access to specialty care in underserved areas.
The acquisition supports Teladoc Health's enterprise strategy, which includes expanding its international business. Teladoc Health already provides millions of Australian members access to virtual health services through relationships with insurers and hospitals. The company has also recently deployed innovative virtual care solutions into the Australian hospital market, including a virtual neonatology solution at the Mater Misericordiae University Hospital and a virtual telesurgery support system with Central Queensland Hospital and Health Service.
Carlos Nueno, President of International at Teladoc Health, stated, "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."
Michael Wang, co-founder and CEO of Telecare, added, "Teladoc Health is uniquely positioned to help accelerate the impact of our mission. We are proud of what we have achieved with Telecare in the Australian health landscape and our ability to help solve access and equity issues in healthcare delivery."
The acquisition closed on August 8, 2025, and financial terms were not disclosed. It is expected to be immaterial to Teladoc Health's financial results for the year. Telecare will continue to be led by its existing founders and management team and will continue to serve the Australian market under the Telecare brand.
This acquisition is a significant step for Teladoc Health in its mission to provide better access to healthcare globally through virtual innovation and technology.
References:
[1] https://finance.yahoo.com/news/teladoc-health-acquires-telecare-expanding-210000705.html
[2] https://seekingalpha.com/news/4486127-teladoc-stock-focus-telecare-buyout

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