New York, NY 10011
CEO: David Schlanger
Stock Symbol: WBMD
WebMD is a leading provider of online health
information services, serving consumers, physicians, other healthcare
professionals, employers and health plans.
The WebMD Health Network includes WebMD Health, Medscape, MedicineNet, eMedicine, eMedicine Health, RxList, and theHeart.org. The company's sites receive over 110 million unique visitors per month and can be accessed online by computers or via tablets and smartphone apps.
The company's interactive services allow
consumers to obtain in-depth information on a particular disease
or condition, research and plan for a healthy lifestyle goal,
search for relevant health information across the web, and watch
originally produced videos.
In addition to the online presence, WebMD also has a Publishing Services segment that publishes WebMD the Magazine, which is distributed in the waiting rooms of 85 percent of physicians across the country. The magazine is designed to help patients get the most out of their doctor’s visit with need-to-know health, wellness and condition-specific information at the time when they need it the most – the point of care. althcare professionals improve their clinical knowledge and practice of medicine.
The company also has private portals that
enable employees and health plan members to make more informed
benefit, treatment and provider decisions.
In 2012, WebMD reported revenues of $469.8 million, down from $558.8 million the previous year, and net loss of $20.3 million.
David Schlanger took over as CEO in 2013.
The company acquired Avado, a developer of patient relationship management tools, in October 2013.
WebMd was originally founded in 1996 by Jim Clark and Pavan Nigam as Healthscape, later Healtheon, and then acquired WebMD in 1999 to form Healtheon/WebMD. The name was later shortened to WebMD.
WebMD went public in 2005 at an initial price