Teladoc will combine its telehealth technology with Best Doctors’ network of medical experts across 450 specialties to create a single digital healthcare platform for patients wanting to see a doctor online in the U.S. and elsewhere.

Teladoc Inc. has completed its $440 million acquisition of  Best Doctors Inc.,  a digital healthcare company that provides patients and doctors with access to medical experts in the U.S. and overseas to obtain a better diagnosis and treatment plan.

Under the terms of the deal, Teladoc paid $375 million in cash and issue $65 million of Teladoc common stock to Best Doctors shareholders.

Teladoc says it has secured financing from Jefferies Finance LLC and Jefferies Group LLC for $360 million, which combined with the company’s cash on hand, will fund the cash portion of the transaction. The Best Doctors global network consists of more than 50,000 medical experts in more than 450 medical specialties. Best Doctors’ services range from having a doctor review a patient’s diagnosis and treatment plan in detail and provide expert answers and advisory services to answering basic questions about a medical condition or treatment plan.

Teladoc will combine its telehealth technology with Best Doctors’ network of medical experts across 450 specialties.

The company also provides a critical care program that provides support for patients experiencing multi-trauma, spinal cord injuries, traumatic brain injuries, severe burns and sepsis and for patients with increasing ventilator requirements, such as acute respiratory distress syndrome and acute lung injury, according to Bloomberg.

Best Doctors, based in Quincy, Mass., also provides physician search assistance and treatment decision support services. Best Doctors was formerly known as Health Resources and Technology Inc. before it changed its name to Best Doctors in October 2002. The company was founded in 1989.

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Teladoc will combine its telehealth technology with Best Doctors’ network of medical experts across 450 specialties to create a single digital healthcare platform for patients wanting to see a doctor online in the U.S. and elsewhere, Teladoc says.

“These combined capabilities will provide employers, health plans and health systems with a comprehensive solution for patients to seek resolution for everything from a child’s fever, to personal anxiety, to a parent’s heart condition, with convenient access in the U.S. and around the globe,” says Teladoc CEO  Jason Gorevic.

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