Teladoc partners with Carrum Health to enhance specialty care access, strengthening virtual care market position.
From Zacks Investment Research: 2025-03-13 15:48:14
Teladoc Health partners with Carrum Health to streamline specialty care access for its employer client base and 93 million members. This move comes as healthcare costs are estimated to rise by 8% in 2025. The partnership aims to enhance Teladoc’s Connected Care program and offer a unified experience for members seeking specialty care services. Teladoc’s shares have risen 5.5% in the past six months. The collaboration with Carrum is expected to strengthen Teladoc’s position in the virtual care market and drive revenue growth.
In addition, Teladoc currently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the Medical sector include Pediatrix Medical Group, Inc., The Ensign Group, Inc., and Addus HomeCare Corporation. Pediatrix Medical currently sports a Zacks Rank #1 (Strong Buy), while Ensign and Addus HomeCare carry a Zacks Rank #2 (Buy). Analysts project growth for these companies in terms of earnings and revenues compared to the previous year.
Read more at Zacks Investment Research: Teladoc Expands Specialty Care Access With Carrum Health Partnership – March 13, 2025