Why use electronic medical care?
There are several reasons why people are turning to electronic medical care. For one, technology has made it easier for people to access information about their health. This can help them make better decisions about their health and treatment. Additionally, e-medical care is often less expensive than traditional medical care. So its possible to get medical treatment while your are staying at your home. All you need is a phone to discuss further actions and medication with a doctor.
| Prev.close: 26.92 | Shares outstanding:161,927,087 |
| Day’s range: 26.22-28.31 | Volume: 1,620,553 |
| Revenue: 1.77B | Market Cap: 4.57B |
| 1 Year change: -64.53% | Dividend (Yield): N/A |
| 52 Wk Range: 21.6-82.99 | Average Vol.(3m): 4,586,299 |
One high potential company that can help revolutionize and profit from this opportunity is Teladoc.inc out of New York, USA!
What does Teladoc do?
Its a multinational telemedicine and virtual healthcare company headquartered in the United States. Primary services include telehealth, medical opinions, AI and analytics, telehealth devices, and licensable platform services. Focuses are on care needs, to help to quit smoking, dermatology, and mental health problems.
How much is Teladoc with insurance?
Teladoc Health is covered by many health insurance plans, including Medicare and Medicaid. With insurance general medical visits can be as low as $0 (based on your benefits) per visit. Services may vary based on health plan or employer. To check you individual paymets set up an account to see all available services and how much they cost. The welcome letter or benefit manager can show you how much they cost.
The account is free for more information click here.
How much is Teladoc without insurance?
If you don’t have insurance a general medical visit starts at $75/doctor visit, mental health starts at $99/visit, dermatology per doctor review starts at $95/doctor consult, nutrition at $95/dietitian visit and back and joint care starts at $49/month with a personalized plan.
Both patients with and without insurance can access services via the internet or the free application which can be found in the Play and App store.
How Teladoc works
Registration
1. If it’s the first time using the platform it’s necessary to sign up. To do so Teladoc collects personal data like name and location.
Schedule an appointment and select PCP
2. Select a primary care physician who fits your needs, and schedule a visit at a day and time that works for you.
Receive a free welcoming kit
3. You’ll receive a free Welcome Kit in the mail, which includes a blood pressure monitor and cuff that you get to keep. A nurse from the Care Team will call you to help you take a reading and gather concerns you would like to discuss.
Calling doctor
4. During your call, you spend as much time as you need with your doctor to review your medical information and health goals. It’s possible to send prescriptions to the pharmacy of your choice, the guidance to move forward, or review your condition from a medical expert.
Teladoc past
Teladoc Health was launched in 2002 in Dallas, Texas by Byron Brooks and Michael Gorton. Since then the US company acquired companies such as BetterHelp in 2015, Best Doctors in 2017, and Advance Medical in 2018. It currently trades on the NYSE and in 2019 was active in 130 countries and served around 40 million members in 2021.
Is Teladoc undervalued?
-Adjusted EBITDA (The acronym determines a company’s operating cash flow as a percentage of its revenue , meaning 10% Adjusted EBITDA is 10% clean profit). Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization calculates the raw earnings before costs but excludes items like one-time expenses, share-based compensation, and restructuring charges.
| First nine months 2021 | First nine months 2022 | % |
| $190,760 | $152,419 | -20 |
-Cashflow
| Q3 2021 | Q3 2022 | % |
| $123,7 million | $63 million | -51 |
– 65% price spike
– No near term earnings and dividends to expect
+ High potential opportunity because of 65% stock spike besides improving financial numbers
+Revenue
| First nine months 2021 | First nine months | % |
| $1,478.5 million | $1,769.1 million | 20 |
+Adjusted gross margin
| First nine months of 2021 | First nine month 2022 | % |
| 67.9% | 68.6% | 0,7 |
+ National visits
| First nine months 2021 | First nine months 2022 | % |
| 8,151 million | 10,461 million | 28 |
+ International visits
| First nine months 2021 | First nine months 2022 | % |
| 2,801 million | 3,281 million | 17 |
+ US paid memberships
| September 30 2021 | September 30 2022 | % |
| 52.5 million | 57.8 million | 10 |
+ US visit fee only access
| September 30 2021 | Septemeber 30 2022 | % |
| 23.6 million | 24.3 million | 3 |
Future vision
In the future, I can see an increase in customers due to technological improvements as its convenient and easy to use and for both patients and doctors. This concept could be the future for non-prescripted medicine and as time goes on countries from all over the world will look for more digitalizing solutions to optimize costs and time.
In the next time, there will be no focus on increasing profits or dividends for investors as the priority will be further expansion. The gross margin is high so once there is no more focus on expansion there will be enough profit for paying investors dividends.
Also, I can see Teladoc attempting takeovers as they did in the past with BetterHelp, Best doctors, and Advance Medical to increase market presence.
Conclusion: How will the stock company do in the future?
In the future, the goal will be to increase platform users. I think its natural that some numbers decreased compared to last year since COVID 19 caused many people to stay at home. From home many people noticed the convenience to call a doctor to discuss further steps instead of waiting forever to get a real life appointment in over loaded hospitals. This caused a massive hype which let the stock explode during main Covid time.
At the moment Teladoc is not turning over profits but I don’t think that this is a problem regarding their bright future. It’s typical for platforms to build an active user base by investing nearly all profits in expanding. The goal is to capture as large a share of the market as possible.
As an investor, this can be a bad sign for the short-term with the company not showing profits, declining cash flow, and therefore mostly no dividends for a while. Only after a big market share is acquired the company will focus more on investors.
However, gaining a massive market share as they are continuously growing and taking over other competitors is necessary to be established at the top. Increasing revenue, adjusted gross margin, international and national visits, US-paid memberships and US visit fee-only access are good signs and can help to make up for the massive stock spike.
To bring things to an end I think Teladoc can do good and therefore I can imagine the stock price going up in the future. That’s why I will invest.
Important
Please note that this is not financial advice in any form and investments should only be done after research was made. Also be aware that I did not invest in Teladoc Inc but plan on doing so in the future. However that’s why my opinion might be biased. This article only shows my opinion and can only be viewed as a presentation not an inducement for investing. No liability assumed for incorrect balance sheet figures leading to an investment! Please double check all information before making investments.