Teladoc acquires Best Doctors in $440M deal to boost international clout
In its largest acquisition to date and one of the top digital health deals of the year, Teladoc has acquired second opinion service Best Doctors in a $440 million deal, including $375 million cash and $65 million in equity. As 40 percent of Best Doctors’ revenue is generated outside the U.S., the deal is intended to boost Teladoc’s international clout and provide telehealth cross selling opportunities for both companies.