MDLive plans to go public in early 2021 following the news of Teladoc-Livongo's mega-deal - Business Insider

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The Teladoc-Livongo megadeal is influencing virtual health players to make bold plays to keep pace, and MDLive will do so by making a remote monitoring tech acquisition

of its services during the pandemic: Its behavioral health visits rose 89% in May compared with January's averages — and it now tallies 40 million members, marking 187% annual growth in its membership base. MDLive CEO Charles Jones noted that Teladoc's $18.5 billion blockbuster acquisition of Livongo MDLive plans to go public in 2021 following unprecedented uptake of its services.

Thus, we think an acquisition of a remote monitoring firm with chronic disease management tools similar to Livongo's could be on the horizon for MDLive: Jones us in April that there will be a "trend where remote monitoring tools are ... invested in and deployed, which is going to facilitate even more remote diagnosis.

 

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