Teladoc Acquires Catapult Health

This is a news story, published by CNBC, that relates primarily to Teladoc Health news.

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Teladoc Health

CNBC

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Health

Teladoc Health to acquire Catapult Health in $65 million deal

Summary

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79% Informative

Teladoc Health announced it will acquire Catapult Health in an all-cash deal for $65 million .

Catapult offers an at-home wellness exam that allows members to check their blood pressure, collect a blood sample, log other screening information and meet virtually with a nurse practitioner.

The company said the acquisition will help it improve its ability to detect health conditions early.

The deal is expected to close in the first quarter of this year .

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Neutral language

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formal

Language

English

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not offensive