- Advanced Health Intelligence Ltd. has acquired wellteq Digital Health (WTEQ) by a plan of arrangement
- AHI has commenced trading as Advanced Health Intelligence Ltd.
- With the addition of wellteq, AHI will now deliver scalable health assessment, risk stratification and digital triage to healthcare providers, insurers, employers, and government agencies
- Wellteq Digital Health Inc. is currently delisted from the CSE
Advanced Health Intelligence has acquired wellteq Digital Health (WTEQ) by a plan of arrangement.
Following the approval of AHI shareholders, the company has changed its name to Advanced Health Intelligence Ltd. and has begun trading under its new name. However, the ticker code on both ASX and NASDAQ will remain AHI.
With the addition of wellteq, AHI will now deliver scalable health assessment, risk stratification and digital triage to healthcare providers, insurers, employers, and government agencies.
Since 2014, AHI has been delivering health-tech innovation using only a smartphone, starting with the world’s first on-device body dimensioning capability.
Once fully integrated, the combination of AHI, wellteq and Vertica technology will deliver a biometrically-driven triage solution, all accessible on and via a smartphone. With these advanced technologies, AHI will help its partners escalate customers, subscribers, or patients into the right-care pathways for proactive health management.
These unique and proprietary capabilities will allow cost-effective health accessibility for any smartphone user, empowering people to take control of their journey to better health outcomes.
Today’s acquisition moves AHI closer to offering a complete continuum of care through sub-clinical coaching prevention capabilities and telehealth integration for right-care pathways.
“AHI’s strategy to acquisitively assemble this end-to-end healthcare capability for billions of smartphone users is more than a step-change; it’s a game changer for healthcare,” stated Scott Montgomery, CEO and Managing Director of AHI.
“Supplying some of the world’s largest companies to offer equitable access for biometric health monitoring and risk-driven triage to telehealth is a brilliant business model,” he added.
Wellteq Digital Health Inc. is currently delisted from the CSE.