NIA's #1 favorite healthcare AI company is HealWELL AI (TSX: AIDX).
The largest shareholder behind AIDX is Well Health Technologies, Canada's largest owner/operator of outpatient medical clinics.
The Chairman/CEO of Well Health has just become the new Chairman of AIDX.
AIDX recently acquired Intrahealth Systems Limited, which serves 20,000 healthcare providers in Canada. Intrahealth is expected to generate over $12 million in revenues in 2024, which reflects double digit organic growth. Historically, Intrahealth has achieved over 80% gross margins, produced positive EBITDA, and positive cashflows. Over 80% of its revenue is high margin recurring revenue.
AIDX recently acquired Pentavere Research Group Inc., a globally recognized and award-winning AI digital health company that has built a best-in-class AI engine DARWEN™, which identifies patients that are eligible for but not receiving approved medications or interventions, improving outcomes for patients and helping drive appropriate therapy growth and penetration.
AIDX recently announced the launch of WELL AI Decision Support, in conjunction with Well Health, to assist healthcare providers within WELL’s network of over 31,000 providers to help with early disease diagnosis and preventative health.
AIDX is entering the European healthcare market through a recently signed strategic alliance agreement with doctorly GmbH. AIDX has also made a strategic investment into doctorly GmbH.
Horizon Ventures a leading AI venture capital firm led by Hong Kong billionaire Li Ka-shing has also invested into doctorly GmbH alongside AIDX.
AIDX also has a U.S. OTCQX symbol HWAIF.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from AIDX of US$50,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.