−Removed: The following
−Removed: items update the risk factors previously reported in PART 1, ITEM 1A, “Risk Factors” of our Annual Report on Form 10-K
−Removed: for the year ended December 31, 2021
+Added: The following items update the risk factors previously
+Added: reported in PART 1, ITEM 1A, “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2021
Developments in the rapidly changing healthcare
industry could adversely affect our business.
−Removed: our revenue is derived from pharmaceutical manufacturers and could be affected by changes affecting the broader healthcare industry, including
−Removed: decreased spending in the industry overall.
−Removed: General reductions in expenditures by healthcare industry participants could result from,
−Removed: among other things:
+Added: Most of our revenue is derived from pharmaceutical
+Added: manufacturers and could be affected by changes affecting the broader healthcare industry, including decreased spending in the industry
+Added: General reductions in expenditures by healthcare industry participants could result from, among other things:
General reductions in expenditures by healthcare
industry participants could result from, among other things:
−Removed: – Government regulation or private initiatives that affect the manner in which healthcare industry participants
−Removed: interact with consumers and the general public;
−Removed: – Government regulation prohibiting the use of coupons by patients covered by federally funded health insurance
−Removed: – Consolidation of healthcare industry participants;
−Removed: – Reductions in governmental funding for healthcare;
−Removed: – Adverse changes in general business or economic conditions affecting healthcare industry participants.
+Added: – Government regulation or private
+Added: initiatives that affect the manner in which healthcare industry participants interact with
+Added: consumers and the general public;
+Added: regulation prohibiting the use of coupons by patients covered by federally funded health
+Added: insurance programs;
+Added: – Consolidation of healthcare industry
+Added: participants;
+Added: – Reductions in governmental funding
+Added: for healthcare;
+Added: – Adverse changes in general business
+Added: or economic conditions affecting healthcare industry participants.
Even if general expenditures by industry participants
1 unchanged sentence
segments that we serve now or may serve in the future.
−Removed: For example, use of our solutions and services could be affected
−Removed: – A decrease in the number of new drugs or medical devices coming to market;
−Removed: – A decrease in marketing expenditures by pharmaceutical or medical device
−Removed: The healthcare industry has changed significantly in recent years,
−Removed: and we expect that significant changes will continue to occur.
−Removed: However, the timing and impact of developments in the healthcare industry
−Removed: are difficult to predict.
−Removed: We cannot assure you that the demand for our solutions and services will continue to exist at current levels
−Removed: or that we will have adequate technical, financial and marketing resources to react to changes in the healthcare industry.
+Added: For example, use of our solutions and services could be affected by:
+Added: – A decrease in the number of new
+Added: drugs or medical devices coming to market;
+Added: decrease in marketing expenditures by pharmaceutical or medical device companies.
+Added: The healthcare industry has changed significantly
+Added: in recent years, and we expect that significant changes will continue to occur.
+Added: However, the timing and impact of developments in the
+Added: healthcare industry are difficult to predict.
+Added: We cannot assure you that the demand for our solutions and services will continue to exist
+Added: at current levels or that we will have adequate technical, financial and marketing resources to react to changes in the healthcare industry.
If we are unable to maintain our contracts
4 unchanged sentences
Such arrangements subject us to a number of risks, including the following:
−Removed: – Our ERx and EHR partners may experience financial, regulatory or operational difficulties, which may impair
−Removed: their ability to focus on and fulfill their contract obligations to us;
−Removed: – Legal disputes or disagreements, including the ownership of intellectual property, may occur with one
−Removed: or more of our ERx or EHR partners and may lead to lengthy and expensive litigation or arbitration;
−Removed: – Significant changes in an ERx or EHR partner’s business strategy may adversely affect a partner’s
−Removed: willingness or ability to satisfy obligations under any such arrangement;
−Removed: – The failure of an ERx or EHR partner to provide accurate and complete financial information to us or to
−Removed: maintain adequate and effective internal control over its financial reporting may negatively affect our ability to meet our financial
−Removed: reporting obligations as required by the SEC;
−Removed: – An ERx or EHR partner could terminate the partnership arrangement, which could negatively impact our ability
−Removed: to sell our solutions and achieve revenues.
−Removed: We will need to maintain these relationships as
−Removed: well as diversify them.
+Added: – Our ERx and EHR partners may experience
+Added: financial, regulatory or operational difficulties, which may impair their ability to focus
+Added: on and fulfill their contract obligations to us;
+Added: – Legal disputes or disagreements,
+Added: including the ownership of intellectual property, may occur with one or more of our ERx or
+Added: EHR partners and may lead to lengthy and expensive litigation or arbitration;
+Added: – Significant changes in an ERx or
+Added: EHR partner’s business strategy may adversely affect a partner’s willingness
+Added: or ability to satisfy obligations under any such arrangement;
+Added: – The failure of an ERx or EHR partner
+Added: to provide accurate and complete financial information to us or to maintain adequate and
+Added: effective internal control over its financial reporting may negatively affect our ability
+Added: to meet our financial reporting obligations as required by the SEC;
+Added: – An ERx or EHR partner could terminate
+Added: the partnership arrangement, which could negatively impact our ability to sell our solutions
+Added: and achieve revenues.
+Added: We will need to maintain these relationships
+Added: as well as diversify them.
The inability to do so could adversely impact our business.
4 unchanged sentences
risk factors, each of which could materially affect our business, financial condition or future results.
−Removed: Such risks are not the only risks
−Removed: Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely
−Removed: affect our business, financial condition and/or operating results.
+Added: Such risks are not the only
+Added: risks we face.
+Added: Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially
+Added: adversely affect our business, financial condition and/or operating results.
+Added: Inflation and other adverse economic conditions may adversely
+Added: effect our business, results of operations and financial condition.
+Added: Recently, inflation has increased throughout the U.S.
+Added: inflationary environment, we may experience increases in the prices of labor and other costs of doing business.
+Added: Additionally, cost increases
+Added: may outpace our expectations, causing us to use our cash and other liquid assets faster than forecasted.
+Added: If we are unable to successfully
+Added: manage the effects of inflation, our business, operating results, cash flows and financial condition may be adversely affected.
+Added: The occurrence or perception of an economic slowdown or recession,
+Added: or of a further increase in inflation, may have a negative impact on the global economy and may reduce customer demand for our products
+Added: and services.
+Added: In addition, macroeconomic effects such as increases in interest rates and other measures taken by central banks and other
+Added: policy makers could have a negative effect on overall economic activity that could reduce our customers’ demand for our products
+Added: Adverse changes in demand could impact our business, collection of accounts receivable and our expected cash flow generation,
+Added: which may adversely impact our financial condition and results of operations.
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.