Topic: How To Invest

Spinoffs & Takeovers Hotline – Friday, August 14, 2020

Article Excerpt

TELADOC HEALTH INC., $187.50, symbol TDOC on New York, provides virtual health services on a 24-hour, on-demand basis through mobile devices, the Internet, video, and phone. Most of its revenue comes from subscription access fees paid by members each month. The remainder comes from visit fees. Teladoc uses doctors who are independent contractors to provide its virtual health care. On Aug. 5, 2020, it announced plans to acquire Livongo Health (symbol LVGO on Nasdaq). The two companies are expected to have combined 2020 revenue of $1.3 billion. Livongo aims to help people with chronic conditions live better and healthier lives. It now focuses on diabetes prevention and treatment, hypertension, weight management, and behavioral health. Using its AI+AI engine, Livongo aggregates and interprets substantial amounts of health data and information to create actionable, personalized and timely health signals for its members when and where they need them. For instance, more than 10% of the U.S. has diabetes, and another third have blood sugar levels that…

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