Regulatory Compliance and Enforcement Risk: The healthcare industry is subject to extensive and complex federal, state, and local laws and regulations, and non-compliance could result in significant penalties, loss of licensure, or reputational damage for SBC.

Reimbursement Rate Volatility Risk: Changes in healthcare reimbursement policies, rates, or payment models by government programs (e.g., Medicare, Medicaid) and private insurers could adversely affect SBC's revenues and profitability.

Physician and Staff Shortage Risk: SBC's success depends on its ability to attract and retain highly qualified physicians, nurses, and other healthcare professionals, and shortages or difficulty in retention could impact service delivery and growth.