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Teladoc losses fall as virtual medical visits grow

Posted On: Oct. 28, 2022 10:07 AM CST

Teladoc Health Inc. reported better-than-expected revenue in the third quarter, on the back of its mental health business, BetterHelp, reports Healthcare Dive. The telemedicine provider reported a net loss of $73.5 million, slightly better than the $84.3 million loss notched at the same time last year, the report says. Teladoc ended the quarter with 57.8 million U.S. members, up 10% year over year, and conducted 4.6 million visits in the quarter, up 14% year over year..