Teladoc soars on bet that virtual health is here to stay
Full disclosure: I own shares of TDOC, WORK, TTD, VMW, & LVGO (and of course VZ).
Disclaimer: Nothing in this seed is meant to be a recommendation to buy or sell any stock. (Investing in the Stock Market involves risk, including but not limited to the loss or part of all of your invested capital 
Related:
1. Doctors turn to Twitter and TikTok to share coronavirus news
2. 3 Reasons Why Zoom Has Earned Its Lofty Valuation
S E E D E D C O N T E N T
Why this doctor and nurse are now Tik-Tok famous (Photo: CNN Business)
New York (CNN Business)Hospitals are swamped with coronavirus cases. And Americans are being encouraged to stay home unless absolutely necessary.
So if you need to see a doctor any time soon and it's unrelated to Covid-19, chances are that your visit will be a virtual one.
That's led to a boom in demand for Teladoc, a leader in the telemedicine industry. Shares of Teladoc ( TDOC ) have soared nearly 75% this year.
The company said last month that it was "experiencing unprecedented daily visit volume," adding that demand quickly soared to about 15,000 visits requested per day -- much higher than peak volume during a normal flu season and up 50% from the week just before the start of the coronavirus outbreak in the United States.
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That's led to a boom in demand for Teladoc, a leader in the telemedicine industry. Shares of Teladoc (TDOC) have soared nearly 75% this year.
I bought some TDOC before the degree threat of the Cortona Virus was known. (Except by President Trump and his puppet-master on Fox News who knew that the threat wasn't real-- thatit was just a hoax perpetrated by the Democrats! And/or that it was just like the common cold)
I did not buy it because of the Virus threat however. Rather, I had decided that an upcoming trend that online video-chats and the like would explode-- so I bought TDOC, WORK, and TTD. (( did miss out on ZM however).
Currently I regularly attend 3-5 different online "meetings"/week online...so far all are on Zoom. .And I'm very impressed with the features.
I did miss out of the stock when it was cheaper, but will starting buying when the pullback increases. (Also perhaps more VMWare as well)..
Voted you up, Krishna.
Not necessarily because of your ( market buys ).
But, because I always knew that everything, including health care was just---------Economics.
On another seed someone disagreed with me when I said that. And you, Krishna----have proven me right----although I already knew that.
Kudos. lol
I have an appointment with my 'real Doctor' in June and another appointment with my 'VA Doctor' in July. Waiting to see how those will work out.
Computer Doctors. Amazing. Just imagine people's reactions if thirty years ago you'd asked them if they 'tweet'? Holy crackers, right?
Voted you up, Krishna.
Not necessarily because of your ( market buys ).
Well, there's at least two things involved here-- aside from good market buys (and I have made some poor ones as well on occasion) I am very focused on discovering trends in society-- and hopefully occasionally discovering some before most people do. (Including those in the media). Then-- I pounce
But, because I always knew that everything, including health care was just---------Economics.
In my (much) younger daze I considered myself somewhat of a Marxist-- and for them everything is Economics!
I would agree that health care is about economics, but not entirely. (After all, there is the necessity of discovering what works-- and many scientists looking for cures are not motivated entirely by economics. In factor, many of them really don't care much about money at all.
(cont'd in next comment)
(cont'd from comment # 2. 1)
On another seed someone disagreed with me when I said that. And you, Krishna----have proven me right----although I already knew that.
Well, proving you right was not my intention-- but if it works for you-- that's cool!
Kudos. lol
I have an appointment with my 'real Doctor' in June and another appointment with my 'VA Doctor' in July. Waiting to see how those will work out.
Computer Doctors. Amazing. Just imagine people's reactions if thirty years ago you'd asked them if they 'tweet'? Holy crackers, right?
Well, even less disruptive-- there was a time when people might ask if you spoke to your doctor on the phone! (dial up . . . landline...but still!)
Yes indeed. It is a changing world.
Call up doctor..
Doc what does this look like to you?
A mole. That will be 100 bucks. Please swipe Your card.
Well I'm not a doctor (nor do I play one on TV), but I think that in some cases online diagnoses may be just as good as those in person. OTOH some may require in-person examinations.
I could be wrong, but my guess is that sessions will be less expensive than in-person.
Also much more convenient-- you won't have to drive to the doctor's ofc. And wait in the waiting room. (In fact if one patient takes longer than expected, the doctor could put them on"hold" and switch to the screen with another patient).
And especially now-- patients won't risk having to sit in a waiting room with other people-- some of whom may already infectious diseases and not know it!
I think we are getting the technology where even blood work can be done remote. Kind of like how they test the levels in diabetics. Put a drop of blood in a machine and it analyzes and sends the info to the doc.
I read that the Chinese are screening people on arriving flights by checking their body temperature. (Significantly above normal means they are pulled aside for further screening--above normal might mean a virus induced fever). .
Not exactly remote (they are physically present but at a distance)., but here's what they do. They have a device that doesn't require the tester to be in contact-- or even close. From a distance they point it at different people who are in line coming off a plane at the airport. The device indicates the body temperature of each person they point it at.
It's usually pointed at the forehead, sometimes at the back of a hand, but not from that far away - usually no more than 3 or 4 inches. Had to be scanned before going into a bank or a supermarket, and even to be able to re-enter our own apartment building. The small pharmacy put a desk outside of the door to the store that you were not allowed to enter and you had to ask or show a sample of what you wanted, then it would be obtained by staff, the price determined, and you had to pay before you got the product and any change. Of course, things are getting back to normal now, except the schools/universities are still closed.