Teladoc Health to Acquire Catapult Health in Strategic Move

Teladoc Health, a global leader in virtual care, has announced a definitive agreement to acquire Catapult Health, recognized for its virtual preventive care services, for $65 million in an all-cash transaction with an additional potential earnout. This strategic acquisition aims to bolster Teladoc's integrated care segment and enhance its offerings by incorporating Catapult's innovative at-home diagnostic technology and clinical support model. The move is aligned with Teladoc's broader strategy presented at the J.P. Morgan Healthcare Conference, which includes growing membership, expanding international business, and advancing mental health services. Catapult Health will operate under Teladoc's integrated care segment post-acquisition. The transaction is expected to conclude in Q1 2025, pending customary conditions. With its significant member base, Catapult Health is praised for its VirtualCheckup service and cost-saving results, meeting high client satisfaction standards as highlighted by its Net Promoter Score.