BetterHelp

Teladoc Health Reports First Quarter 2024 Results

Retrieved on: 
Donnerstag, April 25, 2024

Teladoc Health Integrated Care ("Integrated Care") segment revenue increased 8% to $377.1 million in First Quarter 2024 and BetterHelp segment revenue decreased 4% to $269.0 million.

Key Points: 
  • Teladoc Health Integrated Care ("Integrated Care") segment revenue increased 8% to $377.1 million in First Quarter 2024 and BetterHelp segment revenue decreased 4% to $269.0 million.
  • Net loss totaled $81.9 million, or $0.49 per share, for First Quarter 2024, compared to $69.2 million, or $0.42 per share, for First Quarter 2023.
  • Integrated Care segment adjusted EBITDA increased 36% to $47.7 million in First Quarter 2024 and BetterHelp segment adjusted EBITDA decreased 12% to $15.5 million in First Quarter 2024.
  • Capitalized expenditures and capitalized software development costs (together, “Capex”) was $35.5 million in First Quarter 2024, compared to $45.6 million in First Quarter 2023.

Berkley Cyber Risk Solutions to Offer New Crisis Counseling Coverage

Retrieved on: 
Mittwoch, Mai 1, 2024

Berkley Cyber Risk Solutions, a Berkley Company, is excited to announce that it will offer Crisis Counseling Coverage as part of its Berkley Cyber Risk Protect® product beginning May 1, 2024.

Key Points: 
  • Berkley Cyber Risk Solutions, a Berkley Company, is excited to announce that it will offer Crisis Counseling Coverage as part of its Berkley Cyber Risk Protect® product beginning May 1, 2024.
  • The endorsement provides access to the professional counseling services of its approved vendor, BetterHelp, which has partnered with Berkley Cyber Risk Solutions to provide this benefit.
  • Berkley Cyber Risk Solutions, a Berkley company, is solely dedicated to providing innovative cyber insurance products and loss prevention services to customers in all industries, and of all sizes.
  • Berkley Cyber Risk Solutions conducts business in California as Berkley Managers Insurance Services, LLC, a licensed surplus lines broker (Lic.

Alcohol Addiction Treatment Firm will be Banned from Disclosing Health Data for Advertising to Settle FTC Charges that It Shared Data Without Consent

Retrieved on: 
Freitag, April 12, 2024

The Federal Trade Commission has taken action against an alcohol addiction treatment service for allegedly disclosing users’ personal health data to third-party advertising platforms, including Meta and Google, for advertising without consumer consent, after promising to keep such information confidential.

Key Points: 
  • The Federal Trade Commission has taken action against an alcohol addiction treatment service for allegedly disclosing users’ personal health data to third-party advertising platforms, including Meta and Google, for advertising without consumer consent, after promising to keep such information confidential.
  • As part of a proposed order settling the FTC allegations, New York-based Monument, Inc. will be banned from disclosing health information for advertising and must obtain users’ affirmative consent before sharing health information with third parties for any other purpose.
  • “This action continues the FTC’s work to ensure strict limits on how firms handle sensitive health data, rather than putting the onus on consumers to protect themselves,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.
  • Monument used these pixels and APIs to track “standard” and “custom events,” meaning instances in which consumers interacted with Monument’s website.
  • If the company is found to have misrepresented its finances, it will be required to pay the full amount.
  • The Commission voted 3-0 to refer the complaint and stipulated final order to the Department of Justice for filing.
  • The DOJ filed the complaint and stipulated order in the U.S. District Court for the District of Columbia.

Ad Results Media Names Jordan Fox Chief Executive Officer

Retrieved on: 
Mittwoch, März 20, 2024

NEW YORK, March 20, 2024 /PRNewswire-PRWeb/ -- Today, Ad Results Media (ARM), the leading audio-focused agency known for its innovative work across podcasts, digital audio, vodcasting, and other digital audio channels, announced the appointment of Jordan Fox as Chief Executive Officer. With a rich leadership background spanning media, marketing, and technology, Fox brings over two decades of experience to ARM. Previously, he led award-winning creative and digital agency Laundry Service, transforming the business from a social media-focused boutique to a full-stack creative, digital, and influencer marketing leader.

Key Points: 
  • NEW YORK, March 20, 2024 /PRNewswire-PRWeb/ -- Today, Ad Results Media (ARM), the leading audio-focused agency known for its innovative work across podcasts, digital audio, vodcasting, and other digital audio channels, announced the appointment of Jordan Fox as Chief Executive Officer.
  • With a rich leadership background spanning media, marketing, and technology, Fox brings over two decades of experience to ARM.
  • Ad Results Media (ARM), an expert audio agency with over 25 years of experience, empowers brands and agencies to boost channel performance and sales using the power of audio.
  • Pioneering the podcast advertising landscape with the very first podcast ad placement in 2010, ARM now stands as the world's largest podcast media buyer.

FTC Releases 2023 Privacy and Data Security Update

Retrieved on: 
Dienstag, April 2, 2024

The Federal Trade Commission released its Privacy and Data Security Update for 2023 that highlights the FTC’s work to protect consumer privacy and respond to the evolving ways that companies use consumer data such as in the development of artificial intelligence models and misuse of health data.

Key Points: 
  • The Federal Trade Commission released its Privacy and Data Security Update for 2023 that highlights the FTC’s work to protect consumer privacy and respond to the evolving ways that companies use consumer data such as in the development of artificial intelligence models and misuse of health data.
  • Between 2021 and 2023, the FTC has taken action to address privacy and security threats in several key areas including:
  • The FTC also has remained active in targeting companies that fail to implement reasonable data security measures to protect consumer data.
  • In 2022 and 2023 alone, the FTC announced or finalized enforcement actions against Global Tel*Link, Drizly, Chegg, and CafePress for data security failures.
  • In addition to vigorous enforcement, the FTC has engaged in rulemaking and other policy work to establish baseline standards that protect consumers’ privacy.

Teladoc Health Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Dienstag, Februar 20, 2024

Teladoc Health Integrated Care ("Integrated Care") segment revenue increased 8% to $384.4 million in the fourth quarter of 2023 and BetterHelp segment revenue was essentially flat at $276.2 million.

Key Points: 
  • Teladoc Health Integrated Care ("Integrated Care") segment revenue increased 8% to $384.4 million in the fourth quarter of 2023 and BetterHelp segment revenue was essentially flat at $276.2 million.
  • Net loss totaled $28.9 million, or $0.17 per share, for the fourth quarter of 2023, compared to $3,810.1 million, or $23.49 per share, for the fourth quarter of 2022.
  • GAAP gross margin, which includes depreciation and amortization, was 68.8% for the fourth quarter of 2023, compared to 68.6% for the fourth quarter of 2022.
  • Adjusted gross margin(1) was 70.7% for the fourth quarter of 2023, compared to 70.4% for the fourth quarter of 2022.

5 ways to treat yourself and avoid forfeiting flexible spending account (FSA) funds to the March 15 deadline

Retrieved on: 
Montag, Februar 26, 2024

DALLAS, Feb. 26, 2024 /PRNewswire-PRWeb/ -- March 15 is an important day for over 30 million Americans who are enrolled in a flexible spending account (FSA), as it is the most common grace period deadline for FSA users. For the 37% of FSA users who have the optional grace period deadline along with a 2023 plan year deadline that ended on December 31, 2023, March 15, 2024 may be the last day to spend down their remaining FSA funds to avoid forfeiture. FSA Store®, the first and leading online store to exclusively sell FSA-eligible products, is sharing these tips about the upcoming March 15 grace period deadline to help consumers use, not lose, their FSA funds.

Key Points: 
  • FSA Store ®, the first and leading online store to exclusively sell FSA-eligible products, is sharing these tips about the upcoming March 15 grace period deadline to help consumers use, not lose, their FSA funds.
  • For the 37% of FSA users who have the optional grace period deadline along with a 2023 plan year deadline that ended on December 31, 2023, March 15, 2024 may be the last day to spend down their remaining FSA funds to avoid forfeiture.
  • In addition, there are many surprisingly eligible ways to use these tax-free funds throughout the year.
  • Explore the searchable eligibility list at FSA Store and spend applicable FSA funds before March 15, or learn more about the FSA grace period in our Learning Center .

Global Healthcare E-commerce Market to Accrue $1038.17 Billion by 2030, Registering a Robust 19.93% CAGR, Propelled by Rising Adoption of Online Healthcare Solutions, States Kings Research

Retrieved on: 
Dienstag, Februar 13, 2024

The consumers segment led the global healthcare e-commerce market in 2022.

Key Points: 
  • The consumers segment led the global healthcare e-commerce market in 2022.
  • The surge in adoption of online healthcare solutions, particularly telemedicine services and health & wellness products, was also accelerated by the COVID-19 pandemic.
  • The growth of the global healthcare e-commerce market is propelled by the rising demand for procurement convenience in healthcare, attracting consumers and professionals seeking online access to medicines and medical supplies.
  • The United States, with substantial investments in digital healthcare infrastructure and a significant e-commerce industry presence, leads as the largest market for healthcare e-commerce in North America.