tiprankstipranks
Company Announcements

Treatment.com AI to Acquire Rocket Doctor, Expanding Digital Healthcare Services

Story Highlights
  • Treatment.com AI Inc. will acquire Rocket Doctor to expand its digital health services.
  • The acquisition enhances Treatment.com’s platform, boosting doctor network and service value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Treatment.com AI to Acquire Rocket Doctor, Expanding Digital Healthcare Services

Treatment.com International ( (TSE:TRUE) ) has shared an announcement.

Treatment.com AI Inc. has announced a definitive agreement to acquire Rocket Doctor Inc., a digital health company that empowers doctors to establish virtual practices in the U.S. and Canada. This acquisition will enhance Treatment.com’s capabilities by integrating Rocket Doctor’s AI-powered platform, boosting the network to over 300 doctors and increasing services billable value to C$7.1 million. The deal, valued at approximately C$11 million in shares with potential additional consideration based on performance, aims to drive innovation in digital healthcare services across North America, offering a proof of concept for future commercial sales of Treatment’s software.

More about Treatment.com International

Treatment.com AI Inc. operates in the digital health industry, focusing on innovative healthcare solutions. The company develops AI-powered platforms to enhance medical practices and patient care, leveraging a Global Library of Medicine to support healthcare professionals.

YTD Price Performance: 12.42%

Average Trading Volume: 5,405

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $18.86M

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

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App