SOC Telemed (SOC) is one of the largest national providers of telemedicine technology and solutions to hospitals, health systems, post-acute providers, physician networks, and value-based care organizations. Built on proven and scalable infrastructure as an enterprise-wide solution, SOC's technology platform, Telemed IQ, rapidly deploys and seamlessly optimizes telemedicine programs across the continuum of care. SOC provides a supportive and dedicated partner presence, virtually delivering patient care through teleNeurology, telePsychiatry and teleICU, enabling healthcare organizations to build sustainable telemedicine programs in any clinical specialty. SOC enables organizations to enrich their care models and touch more lives by supplying healthcare teams with industry-leading solutions that drive improved clinical care, patient outcomes, and organizational health. The company was the first provider of acute clinical telemedicine services to earn The Joint Commission's Gold Seal of Approval and has maintained that accreditation every year since inception.
Company profile
Ticker
TLMD, TLMDW
Exchange
Website
CEO
John W. Kalix
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Healthcare Merger Corp.
SEC CIK
Corporate docs
Subsidiaries
Specialists On Call, LLC • Access Physicians Management Services Organization, LLC ...
IRS number
843131208
TLMD stock data
Latest filings (excl ownership)
15-12B
Securities registration termination
18 Apr 22
EFFECT
Notice of effectiveness
11 Apr 22
EFFECT
Notice of effectiveness
11 Apr 22
POS AM
Prospectus update (post-effective amendment)
6 Apr 22
POS AM
Prospectus update (post-effective amendment)
6 Apr 22
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Apr 22
RW
Registration withdrawal request
6 Apr 22
25-NSE
Exchange delisting
6 Apr 22
8-K
SOC Telemed Completes Acquisition by Patient Square Capital
6 Apr 22
8-K
Submission of Matters to a Vote of Security Holders
4 Apr 22
Latest ownership filings
SC 13D/A
WARBURG PINCUS & CO.
7 Apr 22
4
Change in insider ownership
7 Apr 22
4
Change in insider ownership
7 Apr 22
4
STEVEN J SHULMAN
7 Apr 22
4
David Mikula
7 Apr 22
4
Anne McGeorge
7 Apr 22
4
Amr Kronfol
7 Apr 22
4
Eunice Kim
7 Apr 22
4
Robert Jason Hallock
7 Apr 22
4
Joseph P Greskoviak
7 Apr 22
Financial summary
Quarter (USD) | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 38.86 mm | 38.86 mm | 38.86 mm | 38.86 mm | 38.86 mm | 38.86 mm |
Cash burn (monthly) | (no burn) | (no burn) | 4.27 mm | 4.69 mm | 3.97 mm | 3.34 mm |
Cash used (since last report) | n/a | n/a | 119.05 mm | 130.61 mm | 110.52 mm | 93.01 mm |
Cash remaining | n/a | n/a | -80.19 mm | -91.75 mm | -71.66 mm | -54.15 mm |
Runway (months of cash) | n/a | n/a | -18.8 | -19.6 | -18.1 | -16.2 |
Institutional ownership, Q2 2022
11.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 4 |
Opened positions | 0 |
Closed positions | 81 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 56.86 mm |
Total shares | 11.81 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Integrated Core Strategies | 5.51 mm | $0.00 |
HCMC Sponsor | 5.43 mm | $50.02 mm |
Linden Capital | 872.04 k | $6.84 mm |
Captrust Financial Advisors | 1.55 k | $5.00 k |
Warburg Pincus & Co. | 0.00 | $0.00 |