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The trends in delivering telehealth continue to expand, with telemedicine encounters remaining at an elevated level relative to pre Covid-19 comparisons.
SOC Telemed was a high-growth prospective due to its acquisition of Access Physicians, but the degree of growth has been limited as the delta variant impacts hospitals.
The decrease in valuation as a result of its reduced guidance for the rest of 2021 presents a potential entry point for those with a long-term horizon of two-plus years.