 It is by far Teladocs largest acquisition after a series of smaller deals turned it into the biggest dedicated U.S. provider of mobile phone and internet-based healthcare services, following its initial public offering in 2015. In those five years, Teladocs market value has increased tenfold to 17 billion based on growth prospects, given that the company has yet to turn a profit. McKinsey Co has forecast that 250 billion of spending will shift to home and office health, compared to the total 3 billion in revenue that top telemedicine companies generated before the pandemic. 