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Orion Health bought by Canadian AI company Healwell for $200m

Founder and 84% owner Ian McCrae set for big payday but says R&D jobs will stay in New Zealand.

Orion Health founder Ian McCrae.

Will Mace Tue, 17 Dec 2024

Orion Health Holdings is being acquired by Toronto-listed digital healthcare company Healwell AI for $200 million (C$165m) in cash and stock, including up to $25m via a three-year performance earnout.

Healwell will acquire 100% of the shares of Orion Health following the concurrent divestiture of

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Will Mace Tue, 17 Dec 2024
Contact the Writer: william@nbr.co.nz
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Orion Health bought by Canadian AI company Healwell for $200m
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