Teladoc acquires mental health firm UpLift as BetterHelp earnings slide

Teladoc acquires mental health firm UpLift as BetterHelp earnings slide

The deal boosts BetterHelp’s ability to accept insurance coverage, offering “a potential avenue out of the less-stable cash pay market,” one analyst said.

Teladoc acquires mental health startup UpLift for $30M to strengthen BetterHelp amid declining revenue - Tech Startups

Teladoc Health is doubling down on mental health. The virtual care company announced Wednesday it has acquired UpLift, a digital therapy and psychiatry platform, for $30 million in cash. The move comes just two months after Teladoc revealed plans to […] The post Teladoc acquires mental health startup UpLift for $30M to strengthen BetterHelp amid declining revenue first appeared on Tech Startups.

Teladoc slips after reporting earnings miss, slowing revenue

Teladoc also announced on Wednesday that it would acquire UpLift, a mental health and psychiatry startup, for $30 million....

Teladoc buys mental health company UpLift to help boost struggling BetterHelp unit

Teladoc Health, which has been struggling to revive growth, has acquired mental health company UpLift for $30 million in cash.

Solutions Healthcare purchases the closed The Town Square facility

A Central Florida treatment program for people facing mental health and substance abuse issues has purchased The Town Square, a former assisted living facility on Murrell Road that has been closed since 2021.

Teladoc Health (TDOC) Expands with UpLift Acquisition

Key Highlights: Teladoc Health’s (TDOC, Financial) strategic acquisition of UpLift aims to enhance its mental health services. Despite expansion efforts, financial performance remains challenged with a GAAP EPS of -$0.53. Analyst forecasts suggest significant potential for upside with a one-year average target price of $9.99. Teladoc’s Strategic Expansion with UpLift In a move to strengthen its foothold in the mental health sector, Teladoc Heal…