Teladoc Acquires Advance Medical For Global Service Expansion

Quick Take

Teladoc (NYSE:TDOC) has announced the acquisition of Advance Medical for $352 million.

Advance Medical has developed as a leading telehealth services provider to more than 25 million patients in numerous countries.

Teladoc acquired Advance for its international footprint and complementary service offerings. It plans to cross-sell those capabilities to U.S. multinationals looking for a robust offering for workforce healthcare options worldwide.

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