Teladoc names David Sides as new COO
Summary
Teladoc Health has appointed David Sides its chief operating officer, filling a seven-month vacancy, the telemedicine provider said Wednesday. He previously served as CEO of global clinical information systems provider iMDsoft and as senior vice president of worldwide consulting at Cerner Corp. "Its rare, quite frankly, to find a healthcare executive who has global experience, because most of the healthcare professionals in the U.S. tend to be focused on the U.S. market," said Jason Gorevic, Teladocs CEO. Teladoc has been taking steps to expand its international presence this year, entering into an agreement to acquire a Paris-based telemedicine provider and rolling out a virtual-care service in Canada. Hirschhorn resigned from his posts as COO and CFO in December after investors sued the company, alleging he and another employee engaged in insider trading. Teladoc, which posted $128.6 million in revenue for the first quarter, expects to be cash-flow positive for the first time later this year, Cappucci said in April.
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