Teladoc acquires UpLift Health for $30M in cash

Teladoc (TDOC) Health announced that it completed the acquisition of UpLift Health Technologies, in an all-cash transaction of $30.0M, with up to $15.0M in additional contingent earnout consideration. “UpLift is an innovative and tech-enabled provider of virtual mental health therapy, psychiatry and medication management services. The acquisition will support the strategic priorities of the BetterHelp segment by expanding opportunities for consumers seeking mental health services to access their benefit coverage,” the company said in a statement.