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Teladoc Health will integrate Microsoft AI for automated clinical documentation for automated. clinical documentation from virtual care visits to be automatically generated using Microsofts AI capabilities, including GPT4. The Teledoc Health Medical Group will also use Nuance DAX Express. Teladoc Health Inc (TDOC) stock is trading at $25.84 as of 10:45 AM on Wednesday, July 19, a rise of $0.49, or 1.93% from the previous closing price of $25. The company announced its collaboration in AI with Microsoft Corp (NASDAQ: MSFT ) to address the healthcare workforce crisis. Microsoft announced an AI-powered premium version of its Microsoft 365 product that would cost users $30 per month. The integration of AI including Microsofts services with technology from OpenAI, owner of viral chatbot ChatGPT. Teladoc Health (TDOC) stock price noted increased bears dominance that supported its price to reach near to its 100-day moving average price. Institutional investors and hedge funds currently own around 81.81% of the companys stock – a testament to the companys popularity among big players in the market. Teladoc Health is one of the leading telemedicine companies in the world. The company has recently experienced a significant drop in its share price due to various reasons. The acquisition of Livongo Health, which was completed in October 2020, led to a hefty price tag, which led to significant increase in companys debt. Increased competition in the telemedics market is also a concern as the Campbell Burns Moothnam RyeWT 406,,,,,,,,. Jeremy Nareinglyinityabin breakupHttp Teladoc Health is changing the way healthcare is delivered by offering a convenient alternative to traditional in-person healthcare services. The company operates in the United States and 130 other countries, offering its services to individuals, employers, health plans, and health systems. Teladoc Health NYSE:TDOC reported its fourth quarter and year-end earnings for 2020. The companys revenue increased 145% compared to the same period last year. The increase in demand for telemedicine services is due to the ongoing Covid-19 pandemic. Teladoc Health Inc. is a publicly traded company and is listed on the New York Stock Exchange under the ticker symbol TDOC. The company has experienced significant growth in recent years, with its revenue increasing from $122 million in 2016 to $1.1 billion. The services offered include primary care, mental health, dermatology, sexual health and more. Teladoc Health Inc TDOC is a telemedicine and virtual healthcare company that has been providing innovative healthcare solutions for over a decade. The company was founded in 2002 and has since grown rapidly, expanding its services to over 175 countries. The COVID-19 pandemic has given a boost to telemedics, with people looking for safer ways to access healthcare. Teladoc Health is expanding its collaboration with Microsoft to integrate AI solutions into its platform, allowing providers to automate clinical documentation creation during virtual exams. Teladoc Health Inc is Undervalued by 56% compared to the current market price of 23.62 USD. Wall Street analysts forecast TDOC stock price to rise over the next 12 months. During the last12 months, insidershave not bought any shares,and sold 3.8M USD. Teladoc Health is in the Health Care sector and Health Care Technology industry. The stock price is $ 23.62 last updated at July 20, 2023 at 10:30 PM UTC. There are no upcoming dividends for TeladOC Health.
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