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HEALWELL AI Expands Global Footprint with First AI Implementation in Middle East and Growing Enterprise Adoption Across Canada and the United States
TMX Newsfile· 2026-02-26 08:15
Core Insights - HEALWELL AI Inc. has signed its first contract to deliver AI solutions in the Middle East, marking a significant step in its global expansion strategy [1][11] - The company is experiencing continued commercial momentum and adoption of its AI solutions across healthcare systems in North America and now the Middle East [2][4] Global Expansion - Active deployments of HEALWELL's AI solutions now span Canada, the United States, and the Middle East, establishing contracted revenue across multiple healthcare systems [2][11] - The recent success outside of North America validates HEALWELL's strategy of integrating clinically validated AI technology into healthcare software relationships [4][11] AI Solutions Deployment - HEALWELL is deploying core AI solutions such as SMART Identify, SMART Search, and SMART Summary across various healthcare systems, demonstrating platform maturity and scalability [3][12] - The company is embedding AI directly into existing healthcare software and operational workflows, enhancing patient identity management, clinical documentation, and population health analytics [5][11] Leadership Commentary - The CEO of HEALWELL AI highlighted that the last three months have been transformational for the company, emphasizing the success of their strategy in real-time [7] - The company is focused on simplifying its product offerings and building strong momentum for future growth [7] Future Opportunities - HEALWELL reports a growing pipeline of opportunities to expand within existing customers and healthcare systems across multiple regions, including Canada, the United States, Australia, New Zealand, the UK, and the Middle East [6][11]
HEALWELL AI Provides Additional Information Regarding November 3, 2025, Release Where it Announced Strategic Divestments
TMX Newsfile· 2025-12-31 21:30
Core Viewpoint - HEALWELL AI Inc. is clarifying its forward-looking information regarding its strategic divestments and financial performance, emphasizing its transition to a pure-play digital SaaS and AI business focused on health systems and large enterprises globally [1][3]. Financial Performance - The company reported quarterly revenue from continuing operations of $30.4 million in Q3-2025, which annualizes to an approximate revenue run-rate of $120 million, representing a 354% increase compared to revenue of $6.7 million in Q3-2024 [11]. - HEALWELL achieved a positive Adjusted EBITDA of $0.7 million in Q3-2025, compared to an Adjusted EBITDA loss of $2.8 million in Q3-2024, marking the second consecutive quarter of positive Adjusted EBITDA [11]. Strategic Transactions - The November 3rd Release announced the completion of three strategic transactions, including the sale of two non-core businesses and the contribution of two more to a clinical research joint venture, allowing HEALWELL to focus on its core digital SaaS and AI business [3][4]. AI Capabilities and Market Positioning - HEALWELL's AI solutions have received external recognition and validation, particularly through its DARWEN™ AI platform, which specializes in extracting real-world evidence from unstructured clinical data [7][8]. - The company has been recognized for its contributions to healthcare accessibility and preventative care, winning the Prix Galien USA 2024 for Best Digital Health Startup [8]. Research Validation - HEALWELL's AI technologies have been validated through various peer-reviewed studies, demonstrating their effectiveness in automating processes and improving clinical outcomes [12].
HEALWELL AI Appoints Ian Kidson to Board of Directors
Newsfile· 2025-12-10 08:15
Core Insights - HEALWELL AI has appointed Ian Kidson to its Board of Directors to enhance its mission of improving healthcare through early disease identification and detection [1][5] Company Overview - HEALWELL AI Inc. is a healthcare artificial intelligence company focused on preventative care, aiming to save lives through early disease detection [1][6] - The company is publicly traded on the Toronto Stock Exchange under the symbol "AIDX" and on the OTC Exchange under the symbol "HWAIF" [6] Leadership Background - Ian Kidson has extensive experience in both private and public sectors in Canada and the U.S., currently serving on the board of Lakeshore Recycling Systems [2] - He has held significant roles including Chief Financial Officer at Docebo Inc. and Apollo Health Corp., and was Executive Vice President and Chief Financial Officer at Progressive Waste Solutions Ltd. [3] - Kidson's earlier career includes senior leadership positions in capital markets, notably as Managing Director at CIBC Wood Gundy and TD Capital Mezzanine Partners [4] Strategic Importance - The appointment of Ian Kidson is seen as a strategic move to leverage his financial expertise and leadership experience to guide HEALWELL through growth and transformation [5]
HEALWELL AI to Announce Fiscal Third Quarter 2025 Financial Results on November 6, 2025
Newsfile· 2025-10-27 21:08
Core Insights - HEALWELL AI will announce its Fiscal Third Quarter 2025 financial results on November 6, 2025, and will hold a conference call on November 7, 2025, at 8:30 AM ET [1][2] Company Overview - HEALWELL AI is a healthcare artificial intelligence company focused on preventative care, aiming to improve healthcare and save lives through early disease identification and detection [3] - The company is developing advanced clinical decision support systems to help healthcare providers detect rare and chronic diseases, enhance practice efficiency, and improve patient health outcomes [3] - HEALWELL AI is publicly traded on the Toronto Stock Exchange under the symbol "AIDX" and on the OTC Exchange under the symbol "HWAIF" [3]
HEALWELL Files Amended Business Acquisition Report
Newsfile· 2025-10-24 23:06
Core Insights - HEALWELL AI Inc. has filed an amended and restated business acquisition report regarding its acquisition of Orion Health Holdings Limited, which was completed on April 1, 2025 [1][2] - The amended report updates the audit report to confirm compliance with International Standards on Auditing (ISA) instead of the previously reported ISA (New Zealand) [2] Company Overview - HEALWELL AI is a healthcare artificial intelligence company focused on preventative care, aiming to improve healthcare through early disease identification and detection [4] - The company is developing advanced clinical decision support systems to assist healthcare providers in detecting rare and chronic diseases, enhancing practice efficiency, and improving patient health outcomes [4] - HEALWELL is publicly traded on the Toronto Stock Exchange under the symbol "AIDX" and on the OTC Exchange under the symbol "HWAIF" [4]
HEALWELL's DARWEN(TM) AI Platform Demonstrates One of the World's First Examples of Using AI to Generate Regulatory-Grade Real-World Data (RWD) for Supporting Patient Access and Advancing the Pharmaceutical Industry
Newsfile· 2025-10-21 07:15
Core Insights - HEALWELL AI's DARWEN™ AI Platform is one of the first to generate regulatory-grade real-world data (RWD) to enhance patient access and advance the pharmaceutical industry [3][4][6] - The collaboration with Takeda Pharmaceutical showcased the platform's ability to improve remission outcomes in ulcerative colitis and Crohn's disease through vedolizumab dose escalation [4][6] - HEALWELL's unique AI-driven RWD generation capability is expected to significantly impact clinical and commercial value in healthcare [3][6] Company Overview - HEALWELL AI Inc. focuses on preventative care using artificial intelligence to improve healthcare outcomes through early disease detection [9] - The company is publicly traded on the Toronto Stock Exchange under the symbol "AIDX" and on the OTC Exchange under "HWAIF" [9] - HEALWELL has been recognized for its leadership in healthcare AI, being named a finalist in Newsweek's AI Impact Awards 2025 [7][8] Industry Impact - The use of AI in generating RWD is a transformative approach that can lead to more precise and effective patient-centered care [5][6] - The platform's ability to extract clinically meaningful insights from electronic health records positions HEALWELL at the forefront of healthcare AI innovation [5][6] - The advancements in RWD generation are expected to facilitate faster and more accurate development of pharmaceutical products, ultimately improving patient outcomes [5][6]
HEALWELL AI to Announce Fiscal Second Quarter 2025 Financial Results on August 13, 2025
Newsfile· 2025-08-06 07:15
Core Viewpoint - HEALWELL AI Inc. is set to announce its Fiscal Second Quarter 2025 financial results on August 13, 2025, and will hold a conference call to discuss these results [1][2]. Company Overview - HEALWELL AI is a healthcare artificial intelligence company focused on preventative care, aiming to improve healthcare and save lives through early disease identification and detection [3]. - The company is developing advanced clinical decision support systems to assist healthcare providers in detecting rare and chronic diseases, enhancing practice efficiency, and improving patient health outcomes [3]. - HEALWELL AI is publicly traded on the Toronto Stock Exchange under the symbol "AIDX" and on the OTC Exchange under the symbol "HWAIF" [3].
HEALWELL Provides Corporate Update Including Improved Performance in AI Business, Acquisition of Remaining Interest in Pentavere and Deeper Integration within the AI Business Segment
Newsfile· 2025-07-16 07:15
Core Insights - HEALWELL AI Inc. has reported improved performance in its AI business units, with a focus on preventative care and the acquisition of the remaining interest in Pentavere Research Group Inc. [2][6] - The AI business segment is projected to exceed $5 million in revenues for the first half of 2025, marking a year-over-year increase of over 200% [3][6] Financial Performance - Preliminary revenues for the AI business segment are expected to surpass $5 million for the first six months of 2025, indicating a significant growth compared to the previous year [3][6] - Positive Adjusted EBITDA is anticipated for the AI business segment during the same period [3][6] Strategic Developments - HEALWELL has acquired the remaining 49% of Pentavere, achieving full ownership, which is expected to enhance integration within its AI business segment [6][11] - The acquisition was completed for an aggregate purchase price of approximately $13.98 million, satisfied through the issuance of shares [11] Leadership and Vision - James Lee, the new CEO, expressed confidence in the potential of the AI division and highlighted the opportunity to differentiate offerings and accelerate commercialization of AI products [5][10] - The company aims to integrate its AI and data science products into its software platforms to facilitate market adoption [8] Product and Market Focus - Pentavere's DARWEN™ platform is recognized for its role in patient identification and preventative care, validated by major healthcare systems [9][10] - The company emphasizes the urgent need for AI in healthcare to address challenges faced by global healthcare systems [10]