05/21/2025
Dr. Alexander Dobranowski, MD, CEO of HEALWELL AI commented "We [recently] completed the transformative acquisition of Orion Health, a global leader in healthcare data interoperability, marking our transition into a truly global company. This acquisition significantly expands our international presence, adding over 70 key customers across 11 countries and nearly 400 skilled team members to our organization. Our vision is to integrate Orion Health's powerful healthcare data platforms with HEALWELL's advanced AI technologies, thereby building a unified global platform that enhances efficiency and improves patient outcomes. Orion's established presence in the public sector strengthens our relationships with government partners, while its extensive customer base provides a valuable new channel for distributing our AI solutions worldwide."
Key highlights:
➡️ HEALWELL achieved quarterly revenue from continuing operations of $14.1 million in Q1-2025, representing 208% of growth. Revenue growth was driven by acquisitions in the past year and record growth of 224% in the Company’s AI and Data Science business.
➡️ HEALWELL completed the acquisition of Orion Health, which is expected to contribute approximately $100 million in annual SaaS and services revenue starting in Q2-2025 and propels the Company to being profitable on an Adjusted EBITDA basis. Furthermore, Orion expands HEALWELL’s global reach, adding over 70 large enterprise customers across 11 countries, providing HEALWELL with a significant new channel of distribution for its AI and disease detection services.
➡️ HEALWELL recently announced changes to its leadership team to support its next phase of growth and integration. Mr. James Lee will be appointed CEO effective July 1, 2025, while Dr. Alexander Dobranowski, MD will transition to the role of President to focus on acceleration of the Company’s AI and data science solutions as well as continue to lead capital markets activities. To further strengthen ex*****on capabilities, Mr. Sacha Gera joins as Chief Operating Officer, and Mr. Brad Porter is appointed Chief Commercial Officer
HEALWELL Reports Record Revenue Growth of 208% in Q1-2025 Including Record Growth of 224% in AI and Data Science Revenue!Call hosted by Dr. Alexander Dobrano...