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Stock impact report

'Telehealth 1.0 is dead,' but don't count out digital health just yet [Yahoo! Finance]

UnitedHealth Group Incorporated (DE) (UNH) 
Last unitedhealth group incorporated (de) earnings: 4/15 05:55 am Check Earnings Report
US:NYSE Investor Relations: unitedhealthgroup.com/investors.aspx
Company Research Source: Yahoo! Finance
But now, the must-have investment is the one nearing zero, as telehealth companies right-size or downright shutter in the face of lower demand. UnitedHealth Group ( UNH is ending its telehealth offerings . Market leaders Amwell ( AMWL ) and Teladoc ( TDOC ) have suffered layoffs and seen their stocks plummet more than 50% in the past year. Amwell once had a market cap of nearly $6 billion ; today it is less than $200 million. But don't count out telehealth just yet, some experts say. "Telehealth 1.0 is dead," said virtual health platform Included Health CEO Owen Tripp. "It's being chopped down and run through the woodchipper. But when we do that, we create the mulch that's necessary for a lot of really interesting and big things to grow," he told Yahoo Finance. The digital health company has been on its own post-pandemic roller coaster, from reportedly readying for an IPO at the end of 2021 to laying off about 6% of its workforce in mid-2022. Tripp said the problem with b Show less Read more
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