• Contact
Wednesday, May 21, 2025
Register
Login
European Press
Advertisement
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Entertainment
  • Lifestyle
  • Video
No Result
View All Result
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Entertainment
  • Lifestyle
  • Video
No Result
View All Result
European Press
No Result
View All Result

Teladoc acquires UpLift for $30M

30 April 2025
in Health
Reading Time: 2 mins read
A A
Teladoc acquires UpLift for M
ShareShareShareShareShare


New York-based virtual care company Teladoc Health announced it acquired mental health platform UpLift in a deal worth $30 million.
The acquisition reinforces Teladoc’s game plan to increase its leadership position in virtual mental health and the ability for consumers served by the company’s BetterHelp segment to get benefits coverage for mental health services.
Teladoc Health’s Integrated Care component offers a range of digital tools, including coaching, therapy, and psychiatry services for employers and health plans.
UpLift provides virtual mental health therapy, psychiatry and medication management services. 
BetterHelp is expected to leverage its market-differentiated experience and activation capabilities to give consumers access to their insurance coverage benefits through its relationship with UpLift. 
Meanwhile, therapists who serve BetterHelp could be considered for inclusion in the benefits coverage network.
“This transaction aligns with a key priority of advancing our position in virtual mental health, including the ability for our BetterHelp segment to support consumers seeking to use their covered benefits for virtual mental health services,” Chuck DaVita, CEO of Teladoc Health, said in a statement.
“We see significant business synergies with our current BetterHelp segment, which will enable us to serve a broader population seeking virtual mental health care.”
UpLift CEO, Kyle Talcott, will continue in his position with responsibility for the company’s  provider network management, quality and patient outcome oversight, and the acceptance and administration of insurance coverage.  
Teladoc is expected to release its 2025 first quarter earnings at the close of the market today.
THE LARGER TREND
In February, Teladoc signed a definitive agreement to acquire virtual preventative care company Catapult Health in an all-cash deal worth $65 million. The deal included an additional $5 million in contingent earnout consideration. Teladoc agreed to pay additional cash or provide equity interests to Catapult should certain events occur after the sale.
In 2023, UpLift acquired women-focused digital psychiatry platform Minded, which increased its women-led offerings and expanded its reach to five additional states. 

Credit: Source link

Related Posts:

  • Teladoc acquires UpLift for M
    Teladoc acquires UpLift for $30M
  • Hinge Health, Cigna Healthcare partner amid IPO push
    Hinge Health, Cigna Healthcare partner amid IPO push
  • Woebot Health is shutting down its app
    Woebot Health is shutting down its app
  • Uptiv Health partners with Lamar Health to expand AI automation
    Uptiv Health partners with Lamar Health to expand AI…
ShareTweetSendPinShare
Previous Post

As Daisy plans departure from Weatherfield, here’s exactly how she’ll leave

Next Post

Dangerous takeout mistakes New Yorkers make

Next Post
Dangerous takeout mistakes New Yorkers make

Dangerous takeout mistakes New Yorkers make

Recommended

Poll: GDP likely grew by 5.8% in Q1

Poll: GDP likely grew by 5.8% in Q1

4 May 2025
Miliband sacks Dame Mary Archer from net zero advisory role amid political backlash

Miliband sacks Dame Mary Archer from net zero advisory role amid political backlash

3 May 2025
UK supermarkets spend hundreds of millions on promotions as grocery price war intensifies

UK supermarkets spend hundreds of millions on promotions as grocery price war intensifies

29 April 2025
Tesla hits trademark roadblocks for ‘Robotaxi’ and ‘Cybercab’ ahead of planned June launch

Tesla hits trademark roadblocks for ‘Robotaxi’ and ‘Cybercab’ ahead of planned June launch

8 May 2025
Digitel Telecommunications, Inc. to conduct 2025 Annual Meeting of Stockholders via remote communication on May 26

Digitel Telecommunications, Inc. to conduct 2025 Annual Meeting of Stockholders via remote communication on May 26

2 May 2025
European Press

European-press.com shares the latest news from Europe and around the world. It covers topics such as business, technology, sports, health, entertainment, and lifestyle. Feel free to get in touch with us!

Disclaimer  Privacy Policy – EU  Imprint 

Contact Us

What’s New Here!

  • MLB best bets, picks for Wednesday
  • A tour of Qatar’s popular yearly family friendly festivals, from kites to street food | Qatar 365
  • Birds of a Feather star Lesley Joseph reveals she won’t ever return as Dorien Green
  • Trump’s proposed tax changes could sharply raise costs for globally mobile US employees and businesses

Subscribe to Our Newsletter

Copyright 2025 © EUROPEAN PRESS All rights on our posts reserved!

Translate »
European Press
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}
No Result
View All Result
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Entertainment
  • Lifestyle
  • Video

Copyright 2025 © EUROPEAN PRESS All rights on our posts reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
×