Mergers and acquisitions
The combination will allow healthcare and life sciences companies to respond more efficiently to research questions.
Also, Lytus adds an AI-driven blood logistics platform to its health technology portfolio.
Michael Ramey, managing principal of Strategic & Transaction Solutions at PYA says due to changes in the FTC's new premerger notification rules, he's advising clients to be prepared to disclose more information and undergo greater scrutiny.
The company claims the acquisition will strengthen its AI-enabled platform, improve care gap management and promote collaboration to advance value-based care.
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.