I don’t have a ton more to add here, outside of my Fortune 500 employer uses them. I have not yet, but talked to a colleague that did and seemed easy enough. I plan on using them for a couple basic things to avoid the dr office bill hitting my deductible. So I get the value.
It has been on my watchlist for a while.
Somewhat recently, they bought Best Doctors, and there was concern at the time if that business was going to slow their overall growth. That may be an area to research a bit more: what does Best Doctors bring to the table?
Amazon was rumored to be looking into something similar…so there is a concern of Amazon killing it like they did Blue Apron. However, I can’t imagine only 1 teladoc-type service wins everything. Especially if Amazon winds up competing in the healthcare space in other areas, then some big healthcare players may prefer to leverage Teladoc vs Amazon’s service. (all speculation for now)
I think the space is real, and the concept is real, and the value is real. So the upside potential is something legitimate in my eyes. Only question is whether the company is executing, building a moat, has invested leadership, and has made smart M&A moves (ala Best Doctors) that predict how they will continue to invest in the future?
-Dreamer