Strategic acquisition will enhance Teladoc Healths preventive care and chronic care management capabilities, expand at-home testing
PURCHASE, NY, February 5, 2025 Teladoc Health (NYSE: TDOC), the global leader in virtual care, today announced that it has signed a definitive agreement to acquire Catapult Health, a leading provider of virtual preventive care services. The company plans to leverage Catapult Healths innovative approach to patient-centric at-home diagnostic testing, as well as its high-touch engagement and clinical support model, to complement Teladoc Healths industry-leading suite of integrated solutions.
Building on its over 93-million-member base, Teladoc Healths acquisition of Catapult Health supports the companys integrated care segment strategy, discussed most recently during the companys presentation at the 43rd Annual J.P. Morgan Healthcare Conference. The strategy focuses on four key objectives: grow membership and use of services; leverage clinical strength and product breadth to deepen the impact on healthcare outcomes; expand its international business; and advance its scaled mental health position. The Catapult Health acquisition specifically seeks to advance efforts to improve early detection of health conditions, connect Teladoc Healths members with high-quality care and deliver better health outcomes in care management.