4 unchanged sentences
and its business before purchasing shares of our common stock.
−Removed: Except as set forth below, there have been no material changes to our
−Removed: risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2020.
−Removed: The Company’s business, operating
−Removed: results and financial condition could be adversely affected due to any of those risks.
−Removed: will need to grow the size and capabilities of our organization, and we may experience difficulties in managing this growth.
−Removed: our business strategies develop, we must add additional managerial, operational, financial and other personnel.
−Removed: Future growth will impose
−Removed: significant added responsibilities on members of management, including:
−Removed: recruiting, integrating, maintaining, and motivating additional personnel;
−Removed: our internal development efforts effectively, while complying with our contractual obligations to contractors and other third parties;
−Removed: our operational, financial, and management controls, reporting systems, and procedures.
−Removed: future financial performance will depend, in part, on our ability to effectively manage any future growth, and our management may also
−Removed: have to divert a disproportionate amount of its attention away from day-to-day activities in order to devote a substantial amount of
−Removed: time to managing these growth activities.
−Removed: This lack of long-term experience working together may adversely impact our senior management
−Removed: team’s ability to effectively manage our business and growth.
−Removed: currently rely, and for the foreseeable future will continue to rely, in substantial part on certain independent organizations, advisors,
−Removed: and consultants to provide certain services.
−Removed: There can be no assurance that the services of these independent organizations, advisors,
−Removed: and consultants will continue to be available to us on a timely basis when needed, or that we can find qualified replacements.
−Removed: if we are unable to effectively manage our outsourced activities or if the quality or accuracy of the services provided by consultants
−Removed: is compromised for any reason, we may not be able to advance our business.
−Removed: There can be no assurance that we will be able to manage our
−Removed: existing consultants or find other competent outside contractors and consultants on economically reasonable terms, if at all.
−Removed: not able to effectively expand our organization by hiring new employees and expanding our groups of consultants and contractors, we may
−Removed: not be able to successfully implement the tasks necessary to further develop our business initiatives and, accordingly, may not achieve
−Removed: our research, development, and commercialization goals.
−Removed: all filed securities class action lawsuits were voluntarily dismissed, there is potential to be subject to additional securities class
−Removed: action lawsuits, which could require significant management time and attention and significant legal expenses and could result in an
−Removed: unfavorable outcome, which could have a material adverse effect on our business, financial condition, results of operations and cash
−Removed: are subject to securities class action lawsuits, which may require significant management time and attention and significant legal expenses
−Removed: and may result in an unfavorable outcome, which could have a material adverse effect on our business, financial condition, results of
−Removed: operations and cash flows.
−Removed: addition, there is the potential for additional future litigation, and we could be materially and adversely affected by such matters.
−Removed: have insurance policies related to the risks associated with our business, including directors’ and officers’ liability insurance
−Removed: However, there is no assurance that our insurance coverage will be sufficient or that our insurance carriers will cover all
−Removed: claims in any future litigation.
−Removed: If we are not successful in our defense of potential claims asserted in any future litigation and those
−Removed: potential future claims are not covered by insurance or exceed our insurance coverage, we could have to pay damage awards, indemnify
−Removed: our officers from damage awards that could be entered against them and pay the costs and expenses incurred in defense of, or in any settlement
−Removed: of, such potential future claims.
−Removed: may be subject to claims that we are engaged in the corporate practice of medicine or that our contractual arrangements with affiliated
−Removed: physician groups constitute unlawful fee splitting.
−Removed: have begun to contract with physician owned professional corporations or professional associations to facilitate the delivery of telehealth
−Removed: services to their patients.
−Removed: We enter into management services agreements with these physician owned professional corporations pursuant
−Removed: to which we provide them with a comprehensive set of non-clinical management and administrative services.
−Removed: The physician owned professional
−Removed: corporations are solely responsible for practicing medicine and all clinical decision-making.
−Removed: These professional corporations will pay
−Removed: us for our management services from the fees they will collect from patients and third-party payors.
−Removed: Our relationships with these physician
−Removed: owned professional corporations are subject to various state laws that prohibit fee splitting or the practice of medicine by lay entities
−Removed: Corporate practice of medicine laws and enforcement varies by state.
−Removed: In some states, decisions and activities such as contracting
−Removed: with third party payors, setting rates and the hiring and management of non-clinical personnel may implicate the restrictions on the
−Removed: corporate practice of medicine.
−Removed: addition, corporate practice of medicine restrictions are subject to broad powers of interpretation and enforcement by state regulators.
−Removed: Some of these requirements may apply to us even if we do not have a physical presence in a state, solely because we provide management
−Removed: services to a provider licensed in the state or facilitate the provision of telehealth to a resident of the state.
−Removed: State medical practice
−Removed: boards, other regulatory authorities, or other parties, including the physicians or other providers with whom we contract, may assert
−Removed: that, despite these arrangements, we are engaged in the corporate practice of medicine or that our contractual arrangements with affiliated
−Removed: physician groups constitute unlawful fee splitting.
−Removed: In this event, failure to comply could lead to adverse judicial or administrative
−Removed: action against us and/or our providers, civil or criminal penalties, receipt of cease-and-desist orders from state regulators, loss of
−Removed: provider licenses, the need to make changes to the terms of engagement with providers that interfere with our business and other materially
−Removed: adverse consequences.
+Added: There have been no material changes to our risk factors contained in our
+Added: Annual Report on Form 10-K for the year ended December 31, 2021.
+Added: The Company’s business, operating results and financial condition
+Added: could be adversely affected due to any of those risks.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.