October 2026
Largest Telemedicine & Virtual Care Public Companies
Benchmark revenue and EBITDA valuation multiples for public comps like
Oscar Health, Max Healthcare Institute, Hims, JMDC and Ping An Healthcare.
 | Oscar Health Inc is a healthcare technology company built around a full stack technology platform and a relentless focus on serving its members. It offers Individual & Family plans and health technology solutions that power the healthcare industry. Oscar operates as one segment to sell insurance to individuals, families and employees through the federal and state-run healthcare exchanges formed in conjunction with the Patient Protection and Affordable Care Act (ACA) and leverages its technology platform to provide services via its Oscar offering. | $32 | +82% | $9.8B | $6.2B | 0.5x | (15.9x) | ||
 | Max Healthcare Institute Ltd is a health care service provider. The company's facilities include third-party healthcare providers with whom the company has entered long-term service contracts for providing clinical, radiology, and pathology services. Its hospitals provide the full range of services through its Outpatient, Day Care, Emergency Room, and In-Patient departments to accommodate medical specialties such as orthopedics, internal medicine, general surgery, cardiac sciences, oncology, neurosciences, and obstetrics, as well as diagnostics. The group derives revenue from India. | $9 | -31% | $8.7B | $9B | 10.3x | 38.3x | ||
| Hims & Hers, launched in 2017, is a telehealth platform that connects patients and healthcare providers to offer treatment options for specialties like erectile dysfunction, hair loss, skin care, mental health, and weight loss. Its offerings include generic, branded, and compounded prescription drugs as well as over-the-counter medicines, cosmetics, and supplements. The platform, which has more than 2 million subscribers, is available in all 50 states and certain European markets like the UK. It includes provider networks, electronic medical records, cloud pharmacy fulfillment, and personalization capabilities. Hims does not take insurance and only accepts payments directly from customers. | $28 | -38% | $6.5B | $7.3B | 3.1x | 40.7x | ||
 | JMDC Inc is engaged in constructing and providing a medical database, offering PHR and other health promotion services, telemedicine such as diagnostic imaging, and providing digital solutions to dispensing pharmacies. The company operates in two segments namely, Health Big Data that collects, manages, and analyzes medical claims, prescription, and health examination data to support pharmaceutical companies, insurers, and research organizations with data-driven insights. Telemedicine segment which offers remote diagnostic imaging matching services and digital infrastructure that enable medical institutions to conduct efficient remote image interpretation and consultations. | $24 | -24% | $1.6B | $1.7B | 5.3x | 19.5x | ||
 | Ping An Healthcare and Technology is the parent of Ping An Good Doctor, or PAGD, an online platform offering healthcare services in the form of a health maintenance organization, or HMO, model that provides commercial healthcare services and offers healthcare checkup, healthcare management, and corporate reimbursement for a fee. The company leverages the network of health providers from its parent Ping An Group, where it enters into contracts with physicians, hospitals, and specialists to offer their services to HMO participants. Other than commercial healthcare premium services, PAGD offers online consultations and prescription e-commerce online to individuals. The platform has over 3,500 corporate clients and 24 million paying users. PAGD is 38.43% owned by its parent company. | $1 | -59% | $1.6B | $625M | 0.8x | 12.0x | ||
| GoodRx Holdings Inc is a consumer-focused digital healthcare platform that aims to lower the cost of healthcare in the United States. It operates a price comparison platform that provides consumers with curated, geographically relevant prescription pricing, and provides access to negotiated prices through codes that can be used to save money on prescriptions across the United States. GoodRx generates revenue from core business from pharmacy benefit managers (PBMs) that manage formularies and prescription transactions including establishing pricing between consumers and pharmacies. It also offers various healthcare products and services, including pharma manufacturer solutions, subscriptions, and telehealth services. | $3 | +7% | $1.1B | $1.4B | 1.7x | 8.0x | ||
| Teladoc Health Inc is engaged in the provision of virtual healthcare services, connecting patients, providers, and healthcare systems through technology-enabled platforms. The company has two reportable segments: Integrated Care and BetterHelp. The Integrated Care segment provides virtual healthcare solutions, including primary care, mental health, chronic care management, and telehealth enablement services for employers, insurers, and healthcare systems, mainly on a business-to-business basis, while the BetterHelp segment offers direct-to-consumer online mental health services, including counseling and therapy delivered through digital platforms. It generates the majority of its revenue from the Integrated Care segment. | $6 | -34% | $1B | $1.3B | 0.5x | 10.4x | ||
| Guiyang Longmaster Information & Technology Co Ltd is an internet service company in the field of medical health. The company's health network operates a medical health vertical portal website, providing medical information and online consultation services. In addition, the company operates a telephone voice community telephone with internet thinking. | $1 | -28% | $482M | $444M | 10.0x | 87.7x | ||
| MEDLEY Inc is engaged in providing medical information service for patients, and nursing care, a nursing care information service for citizens resolving issues in the field of medical healthcare. It provides its services through three platforms, Talent Platform Business which provides human resource recruitment systems in the medical and healthcare field and related businesses; and Medical Platform Business that is a telemedicine system for both patients and medical institutions. And the Newly developed services engaged in developing new businesses aimed at medium- to long-term growth, one of these newly developed services, Minkai, is a web and in-person service that provides information on nursing care facilities. | $15 | +6% | $439M | $482M | 2.1x | 15.3x | ||
| American Well Corp is an enterprise platform and software company digitally enabling hybrid care by offering payers and health systems a technology-enabled care platform. The Amwell Platform, its cloud-based enablement platform, digitally enables a scalable healthcare experience across all care settings by enabling critical services like virtual primary care, urgent care, clinical partner programs, scheduling visits, etc. Additionally, the healthcare providers can use the platform to access familiar workflows for taking notes, prescribing, referencing clinical treatment guidelines, and other related activities. The firm also offers various paid services, including licensed clinical staffing, implementation support, workflow design, etc, to help clients execute their hybrid care strategies. | $12 | +127% | $199M | $19M | 0.1x | (0.3x) | ||
 | Nyxoah SA is a health-technology company focused on the development and commercialization of solutions and services to treat sleep-disordered breathing conditions. The company's solution platform is based on the Genio system, a CE-Mark validated, user-centered, bilateral neurostimulation therapy to treat moderate to severe Obstructive Sleep Apnea (OSA), the common sleep disordered breathing condition that is associated with increased mortality risk and comorbidities including cardiovascular diseases, depression and stroke. | $1 | -78% | $114M | $64M | 5.7x | (0.7x) | ||
| LifeMD Inc is a direct-to-patient telehealth company that provides a smarter, cost-effective, and more convenient way of accessing comprehensive, virtual healthcare. Its telehealth platform seamlessly integrates a clinician-centric electronic medical record (EMR) system, proprietary algorithms for case-load balancing and scheduling, customer relationship management functionality, remote and in-home lab testing, and digital prescription capabilities, patient-provider audio/video interfacing, cloud pharmacy fulfillment, and more. In addition to telehealth offerings, the company sells nutritional supplements and other over-the-counter products. The company has two operating segments: Telehealth and WorkSimpli. The company generates the majority of its revenue from the Telehealth segment. | $2 | -61% | $113M | $94M | 0.5x | (61.8x) | ||
 | Kooth PLC principal activity of the Group is the provision of online counselling, coaching and support to children, young people, and adults in need. It operates a business-to-business-to consumer model. The group currently operates under two reporting segments being the United Kingdom and United States. The company generates majority of revenue from United States. | $2 | +43% | $91M | $60M | 0.7x | 4.6x | ||
 | BlinkLab Ltd is operates predominantly in one segment, being research and development of pharmaceutical solutions for neurological disorders. | $0 | -4% | $73M | $61M | 71.5x | (12.1x) | ||
| MedPal AI PLC is a UK-based digital health and artificial intelligence company focused on wellness management through a non-clinical platform. Its platform aggregates data across devices and apps (including Apple Health, Fitbit, Garmin, and Google Fit) to deliver real-time, personalized health insights. | $0 | -24% | $62M | $63M | - | (11.8x) | ||
 | EUDA Health Holdings Ltd is a Singapore-based non-invasive healthcare provider in Asia with a focus on Singapore, Malaysia, and China. It offers inventive, accessible, and science-based health solutions to support the shift in regional healthcare from reactive medical treatment to proactive, longevity-focused care. The group also runs a Singapore-based property management business. It operates in two reportable segments: property management services and holistic wellness consumer products and services. Key revenue is generated from property management services that include management and security services for properties such as condominiums, residential apartments, business office buildings, and shopping malls. | $15 | -63% | $46M | $46M | ||||
| TelyRx Holdings Inc is a vertically integrated technology enabled healthcare and pharmacy services provider, operating a digital pharmacy platform that connects patients with independent, state-licensed providers. The TelyRx platform provides the Providers with access to a clinically focused electronic medical records system and the ability for them to electronically prescribe. TelyRx enables patient access to a risk-curated formulary of over 450 noncontrolled, and non-compounded prescription medications selected by the Providers to address a broad cross-section of everyday chronic and acute ailments. | $2 | -- | $46M | $38M | ||||
 | Rocket Doctor AI Inc delivers physician-built, AI-powered solutions designed to make high-quality healthcare accessible throughout the entire patient journey. A cornerstone of the company's proprietary technology is the Global Library of Medicine (GLM), a clinically validated decision support system developed with input from hundreds of physicians world-wide. Alongside the GLM and its AI-powered digital health platform and marketplace. The group empowers over 300 MDs to provide care to more than 700,000 patients. Its proprietary technology software and systems enable doctors to independently launch and manage their own virtual or hybrid in-person practices - improving efficiency, restoring autonomy to MDs, and expanding patient access to care. | $0 | -46% | $35M | $35M | ||||
| Healixa Inc is a digital healthcare ecosystem. The company is engaged in the creation, acquisition, development, and deployment of ethically engineered healing technologies. It serves a broad range of industries, including employer telehealth, benefits, travel, pharmacy, logistics, and others. The company also focuses on clean water through its Eternal Spring water harvesting technology. It also owns and operates patient care coordination software and services. | $0 | +250% | $30M | $32M | ||||
| Doctor Care Anywhere Group PLC is a telehealth company that provides clinical care through digitally enabled, joined-up, evidence-based pathways on its proprietary platform. It utilizes its relationships with health insurers, healthcare providers, and corporate customers to connect with patients to deliver a range of telehealth services. The Group provides virtual healthcare services, technology platform licensing, and digital design services, within the United Kingdom, Australia, and the Republic of Ireland. The company derives a majority of its revenue from the UK and Ireland. | $0 | -25% | $29M | $32M | ||||
| 111 Inc operates an integrated online and offline platform in the healthcare ecosystem in China, whereby the Group is engaged in the sales of medical and wellness products through online retail and wholesale pharmacies and offline retail pharmacies, as well as the provision of certain value-added services, such as online consultation services and e-prescription services to consumers in the People’s Republic of China. The company has two operating segments: the B2C segment and B2B segment whereby the B2C business represents revenue generated from individual consumers while the B2B business represents revenue generated from corporate customers. It derives a majority of its revenue from the B2B segment. | $3 | -28% | $28M | $46M | ||||
| CareView Communications Inc is engaged in providing products and on-demand application services for the healthcare industry, specializing in bedside video monitoring, software tools to improve hospital communications and operations and patient education and entertainment packages. It has developed a data network system called CareView System, which is a suite of video monitoring, guest services, and related applications that connect patients, families, and healthcare providers. The company also provides services to increase patient satisfaction scores and enhance the overall image of the hospital, including on-demand movies and video visits. | $0 | -4% | $18M | $37M | ||||
 | Otofarma is an Italian hearing-care company that designs and produces hearing aids and related audiology technology. Its devices are fitted to individual hearing needs through a network that includes affiliated pharmacies. The company also provides remote audiology and telemedicine services supported by proprietary software and instrumentation. Patients receive screening, product selection, fitting and follow-up while pharmacy partners extend local access to care. Otofarma earns revenue from device sales, clinical services and technology supplied to its distribution network. The business owns patents covering elements of its medical and information-technology platform. Axon Partners backed Otofarma as the company prepared for a 2025 listing and a new phase of commercial expansion. | $2 | -- | $15M | $9M | ||||
 | MedApp SA develops mobile solutions for medicine. The company's products include Carna Life and Holo. | $0 | +4% | $12M | $12M | ||||
 | iXensor Co Ltd is a Taiwan based company involved in research and development, manufacturing and sales of medical equipment. Its PixoTest technology utilizes the lighting and image sensing module of the smartphone or mobile device to detect the color change reaction on the biochemical test strip. This enables the users to monitor their conditions of diabetes, cardiovascular diseases, women health problems, or infectious diseases. | $0 | -28% | $7M | $7M | ||||
| Scienture Holdings Inc is a comprehensive health services and pharmaceutical product company. The group focused on providing value to patients and caregivers by offering novel specialty products to satisfy unmet market needs and optimize the prescription journey and patient engagement in the U.S. | $3 | +333% | $6M | $8M | ||||
| UniDoc Health Corp operates in the healthcare services industry and plans to operate telehealth units that contain fully integrated diagnostic tools and will provide patients with the ability to have a live virtual visit with a doctor or other health professional. The company operates in the USA and Canada. | $0 | -60% | $5M | $5M | ||||
| Telemedycyna Polska SA offers telecardiology services for individual patients and medical facilities in Poland. The company offers cardiologic care services through telephone and Internet. The company also provides telemedical services to health centres. | $0 | -37% | $2M | $2M | ||||
| VSee Health Inc is a telehealth software platform. VSee’s telemedicine solution, offering a fast, secure text + video collaboration app HIPAA messenger, and fully customizable virtual waiting rooms and clinics, is a complete telehealth platform that fits into any workflow. The VSee proprietary technology platform and modular software solution enable users to plug and play telehealth services with end-to-end encrypted video streaming integrated with patient metrics, electronic medical records, and other sensitive data, with multiple other interactive functionalities. The company's products include VSee Clinic, VSee Messenger, VSee APIs, VSee Remote patient monitoring, VSee Telehealth Staffing. | $2 | +225% | $2M | $3M | ||||
| Mobile-health Network Solutions is a company engaged in providing telehealth solutions in terms of various matrices, such as the number of patient consultations per day and the ranking of its mobile application. It provides services on its MaNaDr platform, which is accessible via mobile application and website. The MaNaDr platform is a platform designed and created by doctors, for doctors and users, equipped with services like consultations with doctors, e-commerce pharma store, and others. The company's operating segments are Telemedicine and other services, and the Sale of medicine and medical devices. The majority of the company's revenue is derived from the Telemedicine and other services segment. Geographically, it derives revenue from Singapore. | $1 | -94% | $1M | - | ||||
| Kaya Holdings Inc is a holding company. It is focusing on wellness and mental health through operations in psychedelic treatment clinics, medical and recreational cannabis, and CBD products. The company own and operate a medical cannabis dispensary in the United States. Its has produced, distributed, and/or sold a full range of premium cannabis products including flower, oils, vape cartridges and cannabis infused confections, baked goods and beverages through a fully integrated group of subsidiaries and companies supporting distinctive brands. | $0 | -97% | $892K | - | ||||
| Premier Health Of America Inc is a Canadian Healthtech company that provides a comprehensive range of staffing and outsourced services solutions for healthcare needs to governments, corporations, and individuals. It uses its proprietary platform for the healthcare services sector digital transformation to provide patients with faster, cheaper, and more accessible care services. The Company has two operating segments: the Per Diem segment and the Travel Nurse segment. The majority of its revenue comes from the Travel Nurse segment, which includes the Canadian Health Care Agency, Solution Staffing, Premier Health Nordik, and Solutions Nursing, four subsidiaries that offer their respective services to the federal and provincial governments for nursing and assistance, mostly in remote regions. | $0 | -83% | $200K | $32M | ||||
| Median | $2 | -28% | $46M | $46M | 1.9x | (0.3x) |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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