Business
The acquisition brings the parties' cross-litigation alleging patent infringements to a close.
The funding round brings the company's total raise to $1.86 billion since it launched in 2018.
The company offers ICHRA plans, allowing employers to offer tax-free allowances to employees, who can then choose personalized health, dental and vision benefits.
The California-based company will use the funds to expand its healthcare advocate network nationwide and accelerate its development.
HIMSS25
Panelists and attendees, including the director of innovation at Northwestern Medicine and director of medical intelligence and innovation at Rady Children's Health, reflect on presentations and discussions had at the Preconference Forum.
HIMSS25
According to Anne Snowdon, chief scientific research officer at HIMSS, hospitals wishing to implement AI require sufficient IT infrastructure, strong leadership and governance frameworks, and talented staff who can use the tools safely.
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Jong-Soo Choi, CTO of Korea's Samsung Medical Center, says he believes AI can enhance healthcare delivery, but that technical issues related to accessing the cloud and proper handling of patient data must be overcome first.
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The pandemic highlighted nurses' importance for care delivery, but Mary Joy Garcia-Dia, NewYork-Presbyterian Hospital's program director of nursing informatics, calls on leaders to do more to advocate for nurses and help them stay resilient.
The company will use the funds for AI research and to advance its programs in clinical development.
Vancouver-based WELL Health will assume control of HEALWELL AI upon the closing of HEALWELL AI's planned acquisition of New Zealand-based Orion Health.