TELE-MEDICINE: Teladoc Named a Red Herring Top 100 North America Winner

DALLAS–(BUSINESS WIRE)–Teladoc, the nation’s first and largest telehealth provider, today announced it was selected as a 2013 Red Herring Top 100 North America winner, recognizing the company as one of the most promising private ventures in North America. Teladoc was chosen for its innovative solution to today’s health care issues and is the only telehealth company honored.

“Receiving the Red Herring award is a testament to Teladoc’s progress and accomplishments as the leader in telehealth”

“Receiving the Red Herring award is a testament to Teladoc’s progress and accomplishments as the leader in telehealth,” said Jason Gorevic, Teladoc’s chief executive officer. “It is a distinct honor to be recognized among this prestigious field of innovative companies as we continue to provide unique solutions to the health care industry. Our goal is to provide easy access to quality care for our members.”

Red Herring selects 100 Award winners, among the 3,000 tech startups financed each year in the U.S. and Canada. Winners were selected based on technological innovation, management strength, market size, investor record, customer acquisition and financial health. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in North America.

Red Herring has been selecting the most exciting and promising start-ups and “scale ups” since 1996. Previous notable winners include Google, Facebook, Twitter, Skype and eBay. For a full list of 2013 Red Herring Top 100 North America winners, please visit http://www.redherring.com/events/red-herring-americas/2013-rhnawinners/.

Teladoc continues to grow and bring innovative solutions to the marketplace. Performing over 125,000 medical consults annually, Teladoc’s membership has increased by more than 250 percent in 2012, reaching 5 million members while working with national clients, employers, health plans, physicians and partners.

Teladoc’s service is an affordable alternative to visiting an emergency room when a patient is unable to visit their doctor, such as after office hours, and is not a replacement for their primary care physician. Through the service, patients speak with a board-certified, state-licensed physician either through the phone or online video for $38 or less. Patients may receive treatment for non-emergency medical issues, such as allergies, bronchitis, pink eye, sinus problems, and ear infection. Physicians may also write short-term prescriptions for non-controlled substances if medically appropriate.

About Teladoc

Founded in 2002, Teladoc is the nation’s first and largest provider of telehealth services. With 5 million members nationwide and an average response time of 16 minutes, Teladoc enhances access to affordable, high-quality medical care for adults and children via videoconferencing or telephone consultations. The U.S.-based, board-certified physicians meet National Committee for Quality Assurance (NCQA) standards and deliver a 97 percent patient satisfaction rate. Teladoc partners with payers, corporations, organizations and patients that seek accessible and affordable high-quality medical care. Additionally, through its TeladocConnect service, physicians are able to offer the convenience of Teladoc and provide their patients with a high level of care around the clock. For more information, please visit www.Teladoc.com or www.TeladocConnect.com.

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