Teladoc Health (NYSE:TDOC) has acquired Telecare, an Australia-based operator of virtual care clinics and a provider of software solutions to the healthcare sector, the U.S. telehealth company has announced.
With its platform offering access to more than 300 virtual specialists across over 30 specialties, Telecare is set to expand Teladoc’s (NYSE:TDOC) market footprint in Australia, where the company has run operations for more than a decade.
The acquisition, which closed on Aug. 8, will have no significant impact on Teladoc’s (NYSE:TDOC) financials for 2025. The company didn’t announce the financial terms of the deal but did disclose that Telecare’s founders and its current management, including CEO Michael Wang, will continue to run the company with no change to its brand name.
