Mergers and acquisitions
The acquisition brings the parties' cross-litigation alleging patent infringements to a close.
Vancouver-based WELL Health will assume control of HEALWELL AI upon the closing of HEALWELL AI's planned acquisition of New Zealand-based Orion Health.
Also, Heidi Health has announced a new partnership for its New Zealand expansion.
This comes five years after Advent Partners and Geoffrey Sayer, who became its CEO, bought the company.
The announcement comes just three months after XRHealth announced it acquired cognitive training VR platform NeuroReality and its assets.
Vitalchat also garnered $6 million in a Series A round, and Cerula Care secured $3.7 million in an oversubscribed seed funding round.
The alliance will result in the integration of Kyruus Health's care access platform with aha!'s "low-code/no-code" health experience platform.
The deal includes an additional $5 million that could be paid to Catapult based on its performance after the sale.
NeuroFlow will partner with Quartet’s customers to combine its capabilities aimed at improving the continuity and cost of care.
The companies' boards of directors say the merger will make it easier for people to access affordable healthcare.