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SOC Telemed has installed a new management team specifically aiming to reignite growth, but is at least two years away from positive EBITDA.
Demographic trends in the United States will exacerbate the problem of matching supply to demand in health care services, and telehealth helps restore some balance.
Deep losses in share value over the last year are in line with others in the sector, yet its valuation metrics are beneath its telemedicine and healthcare software services peers.