Teladoc Acquires Advance Medical For $352 Million
Teladoc recently accounced it has acquired telehealth services company Advance Medical. The purchase comes with a $352 million price tag, and will expand Telehealth’s international presence, doubling its potential market. The acquisition will also grant Teladoc access to new digital tools, including clinical risk assessment.
Advance Medical is currently partnered with with international employers throughout Asia, Europe, and Latin America, allowing Teladoc to bolster its international influence. Additionally, however, Teladoc will now have to pay attention to the General Data Protection Regulation (GDPR), which seeks to create a harmonized data protection law framework across the EU and aims to . . .
