SOC Telemed, Inc. (Nasdaq: TLMD), the leading national provider of acute care telemedicine solutions, announced that it has completed its acquisition of Access Physicians, an experienced multi-specialty acute telemedicine provider, via a cash and stock purchase transaction valued at approximately $194 million, with additional potential consideration based on performance. By bringing two market leaders together, this combination furthers SOC Telemed’s position as the largest pure-play provider of acute care telemedicine in the nation, supported by Telemed IQ, a scaled, purpose-built, and secure telemedicine platform. The combined company now delivers acute telemedicine to almost 1,000 facilities, including over 700 hospitals, across 47 states.
Read the full article: SOC Telemed Completes Acquisition of Access Physicians to Form Largest Acute Care Telemedicine Company in the US //
Source: https://www.prnewswire.com/news-releases/soc-telemed-completes-acquisition-of-access-physicians-to-form-largest-acute-care-telemedicine-company-in-the-us-301258947.html