Wellgistics Health, Inc. (NASDAQ:WGRX) (“Wellgistics” or the “Company”), a leading healthcare technology and pharmaceutical distribution company, announces that it has executed a non-binding letter of intent (“LOI”) to acquire WellCare Today. The proposed transaction structure includes a structured cash payment of $3 million, with the balance to be satisfied through a performance-based earnout issued in preferred stock. WellCare Today is a healthcare technology and remote monitoring company focused on chronic care management (“CCM”), remote patient monitoring (“RPM”), and remote therapeutic monitoring (“RTM”) programs.
Read the full article: Wellgistics Health Accelerates Digital Health Expansion of its Newly Announced RPM, RTM and CCM Pilot with Planned Acquisition of WellCare Today //
Source: https://www.accessnewswire.com/newsroom/en/healthcare-and-pharmaceutical/wellgistics-health-accelerates-digital-health-expansion-of-its-newly-1166983