Teladoc Health announces deal with Northwell Health

The company’s services are white-labelled under the Hospital System brand.

Teladoc Health ($TDOC) announced today that it has entered into an agreement with Northwell Health to bring its Microsoft-compatible telemedicine technology to the large New York metropolitan healthcare system.

Teladoc has deals with other healthcare systems, but a company spokesman said this is the first to include Solo, its product that works with Microsoft Teams. Microsoft teleconferencing software.

The agreement, the terms of which were not disclosed, does not include the services of clinicians working for Teladoc. Instead, the company’s telemedicine technology will be “white labeled” under the Northwell Health brand, and Northwell clinicians will use it to offer telemedicine services to their patients.

Headquartered in New Hyde Park, New York, Northwell Health bills itself as New York State’s largest healthcare provider. The system includes 22 hospitals, including North Shore University Hospital and Long Island Jewish Medical Center.

Teladoc stock was trading at $58.32 at the close today, slightly below the opening price of $59.79.

Teladoc announced in July 2021 that it had developed a product called Solo that works with Microsoft Teams, a software platform that supports conference calls like Zoom but also has direct messaging and scheduling capabilities.

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