HEALWELL AI Inc. (TSX: AIDX, OTCQX: HWAIF), a healthcare artificial intelligence company focused on preventative care, has announced that it has entered into an agreement to acquire 100% of Orion Health’s shares.
Orion Health is well established in the US market as a leader in the development and deployment of data management platforms at scale delivering healthcare information intelligence through its advanced Virtuoso Digital Front Door (DFD) and Amadeus Digital Care Record (DCR) platforms.
Both Amadeus and Virtuoso platforms are trusted by Health Information Exchanges (HIE), State Health data utilities, health systems, and commercial payers across the United States and bring proven capabilities to streamline healthcare workflows and reduce clinician burnout.
The acquisition of Orion Health will provide opportunities for US HIEs to access HEALWELL’s best-in-class AI technology to deliver actionable insights and drive better healthcare outcomes. It also significantly scales HEALWELL’s platform into Health Data Utilities (HDU), supported by Orion Health’s State Health Data Center of Excellence. HEALWELL and Orion Health share a vision and mission to revolutionize healthcare through AI and data-driven innovation.
Integrating HEALWELL AI’s advanced artificial intelligence capabilities with Orion Health’s Amadeus DCR and Virtuoso DFD will significantly enhance patient care and operational efficiency for HIEs. This collaboration aligns with the shared goal of transforming healthcare through innovative technology and data-driven insights.
Dr. Alexander Dobranowski, CEO of HEALWELL, commented, “Together we will deliver on our combined mission to revolutionize healthcare through AI and data-driven innovation. The integration of Amadeus and Virtuoso will position HEALWELL as a global leader in healthcare technology and artificial intelligence. These platforms will enable us to deliver unparalleled solutions that drive efficiency, improve patient outcomes, and empower healthcare providers worldwide. We look forward to delivering long-term value to our US customers, partners, and stakeholders as we redefine what’s possible in healthcare.”
Brad Porter, CEO of Orion Health commented, “This is a transformational moment in Orion Health’s history, strengthening its position as a world leader in population health management and combining it with the powerful AI capabilities of HEALWELL AI.
“Joining the HEALWELL family will make Orion Health stronger than ever, creating significant momentum. We anticipate that 2025 will be our best and most profitable year to date.
“We are ready to help US state governments realize the benefits of HEALWELL and Orion Health as they work with their HIEs to enable them to become the AI-enabled HDUs of the future.
“There is so much potential with our combined capabilities to meet unmet health needs in ways that could be game-changing for the health of entire communities. When we link up data and insights with AI-assisted action we will see data saving lives on a scale not seen before. It’s truly exciting,” says Porter.
About HEALWELL
HEALWELL is a healthcare artificial intelligence company focused preventative care. Its mission is to improve healthcare and save lives through early identification and detection of disease. Using its own proprietary technology, the Company is developing and commercializing advanced clinical decision support systems that can help healthcare providers detect rare and chronic diseases, improve efficiency of their practice and ultimately help improve patient health outcomes. HEALWELL is executing a strategy centered around developing and acquiring technology and clinical sciences capabilities that complement the Company’s road map. HEALWELL is publicly traded on the Toronto Stock Exchange under the symbol “AIDX” and on the OTC Exchange under the symbol “HWAIF”. To learn more about HEALWELL, please visit https://healwell.ai/.