Teladoc CEO Says Organization Should Be Cash Flow Positive For First Time In 2019

According to Teladoc chief executive officer Jason Gorevic, the telemedicine organization anticipates having a positive cash flow for the first time later this year. The statement follows positive fourth-quarter 2018 and full-year results, which reported a 79% annual revenue growth.

Accompanying Teladoc’s growth in annual revenue for 2018 was an 80% increase in total visits, along with a reduction in losses. A significant note about this growth is that it outperformed the organization's own projections, which were already positive. According to Mr. Gorevic, 2018 established Teladoc as an industry leader, as it provided the most downloaded . . .