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HEALWELL Secures $50M Credit for Orion Health Acquisition

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HEALWELL Secures $50M Credit for Orion Health Acquisition

MCI Onehealth Technologies, Inc. Class A ( (TSE:AIDX) ) just unveiled an announcement.

HEALWELL AI Inc. has secured a $50 million credit agreement led by Scotiabank and RBC to support its acquisition of Orion Health, a global healthcare intelligence platform. This agreement, along with other financing arrangements, ensures over $100 million in funding to facilitate the acquisition, marking a significant step towards closing the deal by April 1, 2025. The acquisition is expected to strengthen HEALWELL’s market position by expanding its capabilities in healthcare intelligence.

More about MCI Onehealth Technologies, Inc. Class A

HEALWELL AI Inc. is a healthcare artificial intelligence company focused on preventative care. It operates in the healthcare industry, providing solutions that enhance digital health record access, data interoperability, and population health insights.

YTD Price Performance: -27.05%

Average Trading Volume: 572,207

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$302.3M

Learn more about AIDX stock on TipRanks’ Stock Analysis page.

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