Healthcare Innovation April 1, 2021
Combining the two companies “furthers SOC Telemed’s position as the largest pure-play provider of acute care telemedicine in the nation,” according to officials
SOC Telemed, a national provider of acute care telemedicine solutions, has announced it has completed its acquisition of Dallas-based Access Physicians, a multi-specialty acute telemedicine provider, via a cash and stock purchase transaction valued at approximately $194 million, with additional potential consideration based on performance.
Combining the two companies “furthers SOC Telemed’s position as the largest pure-play provider of acute care telemedicine in the nation,” according to company officials who made the announcement this week. With an ability to serve as the single solution provider of acute care telemedicine, the combined company now delivers acute...