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Teladoc posts $1B loss in 2024 as BetterHelp lags

Teladoc Health reported a $1 billion net loss in 2024, due in part to a struggling performance by its mental health segment, BetterHelp. The segment saw a drop in the number of paying users and increased impairment charges. Despite these challenges, the company’s CEO, Chuck Divita, expressed optimism over future growth potential and outlined plans to boost membership, such as insurance coverage acceptance and international expansion.

Source: www.healthcaredive.com –

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