SOC Telemed Acquires Behavioral Health Telemedicine Company Forefront

SOC Telemed on Thursday announced its acquisition of Forefront Telecare, a company that specializes in behavioral health telemedicine services. Financial terms of the deal were not disclosed. As part of the transaction, the combined enterprise is rebranding to “Access TeleCare.” The Dallas-based SOC Telemed bills itself as the largest national provider of specialty acute care […]

Will SPACs Become a Trend Among Behavioral Health Startups?

More than 400 companies across various industries held initial public offerings (IPOs) last year, the most since 2000, even amid the pandemic-led economic downturn. At the same time, many businesses chose to go public by merging with a special purpose acquisition company (SPAC), a maneuver that has gradually gained traction among startups, including the subscription-based […]