HEALWELL AI Expands with VeroSource Acquisition

MCI Onehealth Technologies, Inc. Class A (TSE:AIDX) has released an update.

HEALWELL AI is set to enhance its AI-driven healthcare solutions by acquiring VeroSource Solutions, a company specializing in health data interoperability and analytics, with over $8 million expected revenue in 2024 and a strong growth trajectory. The acquisition promises to be beneficial for both companies, as it will combine HEALWELL’s AI disease detection with VeroSource’s extensive user base of over one million and its high-margin, recurring revenue model. This strategic move is anticipated to rapidly expand HEALWELL’s footprint in the Canadian healthcare sector and further its mission of early disease detection and improved patient outcomes.

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