Teladoc Health has added the Australian provider to its already massive stable.
Global virtual care giant Teladoc Health has acquired Australian provider Telecare.
Telecare operates what it says is “Australia’s leading virtual care clinic” and provides software solutions to the healthcare sector. With over 300 virtual specialists in over 30 specialties, supporting both GP-referred appointments as well as providing virtual care services to public hospitals across Australia, Telecare helps reduce patient wait times and increases access to specialty care in underserved areas.
Teladoc certainly provides some heft – with revenues over $2.5 billion in 2024 and more than 5000 employees. The company provides access to care for more than 100 million patients and its technology enables virtual care across leading hospitals and health systems, including many of the leading healthcare institutions in the US, the NHS in the UK, Charité in Germany, as well as the Canadian Health system and the French Social Security.
Teladoc already has a 15-year history in Australia, providing virtual health services through relationships with insurers and hospitals. Recently it deployed 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.
“Teladoc’s mission is to improve access to care globally through virtual innovation and technology,” said Carlos Nueno, president of international operations at Teladoc Health.
“We believe joining forces with Telecare will help us advance that 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.”
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Michael Wang, co-founder and CEO of Telecare said the company was happy to team with Teladoc Health which was “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,” he said.
“We are confident that our hospital partners, patients and providers will greatly benefit from the scale and expanded capabilities that this combination will deliver.”
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.
Note: If you want to hear more about the services in this story Health Services Daily is hosting talks from both Teladoc and virtual specialist care provider Telecare at the upcoming New Models of Care Shaping the Future of Hospitals Summit in Sydney on 16 October.
You can look at the speakers and program and buy a 20% discounted ticket HERE, using this code HOSPITALS20.