WELL Health Technologies Corp ( (TSE:WELL) ) has shared an update.
WELL Health Technologies Corp. announced its intention to amend and exercise its call right to acquire a majority controlling interest in HEALWELL AI Inc., a healthcare artificial intelligence company, concurrent with HEALWELL’s proposed acquisition of Orion Health. This strategic move is expected to enhance WELL’s industry positioning by combining its scale with HEALWELL’s AI expertise and Orion’s global health information systems experience, potentially contributing approximately $160 million in revenue to WELL’s financial statements over the next year.
More about WELL Health Technologies Corp
WELL Health Technologies Corp. is a digital healthcare company that leverages technology to improve health outcomes by empowering healthcare practitioners and patients globally. The company focuses on providing AI-enabled solutions in the healthcare sector.
YTD Price Performance: -29.60%
Average Trading Volume: 820,020
Technical Sentiment Signal: Hold
Current Market Cap: C$1.25B
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