- CloudMD Software & Services (DOC) has closed the sale of its primary care clinics and Cloud Practice to Well Health Technologies Corp.
- The $5.75 million cash transaction supports CloudMD’s objective of divesting its entire Clinics & Pharmacies division, improving gross margins and driving profitability
- WELL Health Technologies offers digital healthcare tools and services to enhance productivity and improve patient outcomes
- CloudMD is a healthcare technology company servicing over 12 million people across North America
- CloudMD (DOC) opened trading at C$0.215
CloudMD Software & Services (DOC) has closed the divestiture of its primary care clinics and Cloud Practice to Well Health Technologies Corp.
The $5.75 million cash transaction with WELL supports CloudMD’s objective of divesting its entire Clinics & Pharmacies division while improving gross margins and driving profitability.
The company is focused on its core businesses, enterprise health solutions (EHS) and digital health solutions CloudMD is a healthcare technology company servicing over 12 million people across North America.
CloudMD (DOC) opened trading at C$0.215.
