Teladoc Health Inc. will acquire Dallas-based Catapult Health LLC for $65M in an all-cash deal expected to close in Q1 2025. Catapult offers at-home wellness exams and diagnostic testing. Teladoc's stock rose 7.31% to $11.16 after the announcement. Catapult will join Teladoc's integrated care segment. Teladoc CEO Chuck Divita highlighted the acquisition's potential for enhancing preventative care.

DALLAS--(BUSINESS WIRE)--Employees suffering from mental health issues, such as depression and anxiety, often go unnoticed and untreated. According to the Anxiety and Depression Association of America (ADAA), it is estimated that over 40 million employees suffer from some level of workplace related anxiety, with over one-third reporting panic attacks or a significant impact on their job performance. In a recent study of large employers, 89% of HR benefit managers said mental health support was a high priority for their company, due to a record number of employees either leaving the workforce, or “quietly quitting,” where employees do only the bare minimum at work. Addressing mental health issues, such as anxiety, is increasingly key to maintaining workplace productivity. To address this increasing concern, Catapult Health will add screening for generalized anxiety disorder (GAD) to its VirtualCheckup solution in January. This testing complements existing psychological testing provided by Catapult for depression (PHQ) and suicidal ideation (Columbia Suicide Severity Risk) and will provide the most comprehensive set of mental health screening available

DALLAS--(BUSINESS WIRE)--Catapult Health, a Dallas-based company serving 3,500 employers with over 2 million covered lives, today announced the launch of VirtualCheckup for All, a revolutionary new way for employed Americans and their spouses/partners to get their annual wellness exam. By proactively sending a VirtualCheckup engagement kit to each person’s home, Catapult is transforming preventive care into an “auto-enroll” health benefit, much like employers did with their 401(k) plans 20 years ago. Catapult expects their new approach to double or triple the percentage of individuals who get their wellness exam each year. “The days of people waiting weeks or months to get a doctor’s appointment for an annual wellness exam are over,” says David Michel, CEO of Catapult Health. “And with 80% of Americans avoiding or skipping their preventive care each year, a tsunami of undiagnosed disease is looming on the horizon. It’s time to remove the friction and take the annual wellness visit into each person’s home, virtually.”