Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Increased competition and disruptions in the market for outsourced medical specialists may impact our ability to provide healthcare services.
  • Failure to comply with legal requirements regarding data privacy could adversely affect the business.
  • Enhanced cybersecurity measures are crucial to prevent cyber-attacks, with significant resources required for protection.
  • Failure to complete the redesign and consolidation of key business functions could adversely impact financial results.
  • Increased expenses from wage inflation and utilization of temporary labor could impact financial results.
  • Cybersecurity incidents and breaches pose a significant risk, with potential financial losses and reputational damage.
  • Failure in ERP redesign and consolidation could adversely impact financial results, with multi-year implementation risks.
  • Potential delays in regulatory updates by governmental entities may lead to volatility in operating results.
  • State efforts to regulate healthcare facilities' construction or acquisition could adversely impact operations.
  • Cybersecurity events may lead to significant management time, resource allocation, and additional expenditures.

Full Text Changes in Most Recent 10-K

Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.

To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1108109&owner=exclude

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