08:52 AM EST, 11/04/2024 (MT Newswires) -- WELL Health Technologies ( WHTCF ) on Monday said it has agreed to acquire the Canadian clinical assets of Jack Nathan Medical ( JNHMF ) .
The acquisition includes a network of 16 owned and operated primary care clinics in 13 cities and are situated in Walmart Canada stores. WELL will also acquire a clinic licensing business with 62 licensee clinics.
"Acquiring JNH's Canadian business will mark a key milestone in WELL's mission to support healthcare providers and improve clinic operations across Canada," said Hamed Shahbazi, Founder and CEO of WELL. "By adding 90 doctors to our network and expanding with both owned and affiliate clinics, we will be enhancing our ability to support physicians in delivering high-quality care."