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Saturday, March 14, 2020

Teladoc sees coronavirus outbreak-stoked rise in visits

Teladoc (NYSE:TDOC) reports that its volume of patient visits spiked over 50% this week, accelerating to as much as 15K requested visits per day, demand that, it says, is consistent with peak flu volumes. Total medical visits for the week was ~100K as more people seek virtual consultations with doctors amid the COVID-19 outbreak.
Shares rallied 8% yesterday, but ended the week down almost 6%. The stock is up almost 53% year-to-date.
https://seekingalpha.com/news/3551764-teladoc-sees-coronavirus-outbreak-stoked-rise-in-visits

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