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Mala Murthy - 1 Jason Gorevic - 1 Jason - 1 Teladoc - 1 David Snow Jr - 1 Gorevic - 1 Murthy - 1 she's - 1
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☆ Teladoc CEO departs the company after stock's 95% fall from 2021 highs
  + stars: | 2024-04-05 | by ( Ashley Capoot | In | ) www.cnbc.com   time to read: +2 min
Teladoc Health on Friday announced the sudden departure of CEO Jason Gorevic, who is leaving his role as head of the company effective immediately, according to a release . "We thank Jason for his many achievements and contributions during the 15 years he led Teladoc Health. We wish him success in his future endeavors," David Snow Jr., Teladoc board chair, said in the release. Teladoc is a virtual health care company that offers telehealth appointments with doctors, therapists and specialists. Teladoc's board reaffirmed that the company is on track to meet its guidance for the first quarter and full year.
Persons: Mala Murthy, Jason Gorevic, Jason, Teladoc, David Snow Jr, Gorevic, Murthy, she's, Teladoc's Organizations: Teladoc, CNBC, American Express, PepsiCo
☆ Teladoc Health cuts 300 jobs to shave costs
  + stars: | 2023-01-18 | by ( ) www.reuters.com   time to read: +1 min
Companies Teladoc Health Inc FollowJan 18 (Reuters) - Teladoc Health Inc (TDOC.N) said on Wednesday it has removed "redundant roles" and cut 300 jobs, or 6% from its non-clinician global workforce, as the company plans to prioritize its commercial businesses in a challenging demand environment. These job cuts have resulted from a combined implementation of the telehealth company's restructuring plans and previously announced cost-saving measures, some of which were implemented in the fourth quarter of 2022. The restructuring process has also resulted in a reduction of office spaces in certain markets, and Teladoc will further review its real estate footprint under the cost-management drive. Teladoc said it will record $4.4 million of the total $21.4 million of charges related to these measures taken in the fourth quarter, but does not expect them to have a material impact on its annual results. Reporting by Khushi Mandowara and Bhanvi Satija in Bengaluru; Editing by Nivedita Bhattacharjee and Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.
☆ Buzzy startups failed to fix mental-health care. Now their mistakes are fueling the space's next generation.
  + stars: | 2022-12-01 | by ( Blake Dodge | ) www.businessinsider.com   time to read: +13 min
In the past two years, highly funded startups have tried to disrupt mental-health care. The startups said they wanted to help solve the industry's biggest problems: Mental-health care is too expensive, and there isn't enough of it to go around. Talkspace's priority is now its division that sells mental-health care to employers, which pay recurring fees for employee access. Startups tackling more serious mental-health conditions are working with health plansThere's also a rising crop of mental-health companies tackling the costliest mental-health conditions, something the direct-to-consumer firms tend to shy away from. About half of Bicycle's patients pay with their insurance, a number he's looking to increase.
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