Canada’s federal competition watchdog has obtained a court order to advance its probe into digital healthcare company Well Health’s recent acquisitions.
The Competition Bureau filed an application in November to investigate whether Well Health’s purchase of Healwell AI is likely to suppress competition for healthcare technology and services in Canada.
Well Health obtained a majority controlling interest in Healwell AI, just as Healwell closed a deal to buy New Zealand’s Orion Health.
In April, Well Health obtained a majority controlling interest in longtime Toronto-based partner Healwell AI, just as Healwell closed a deal to buy New Zealand’s Orion Health. At the time, Well Health CEO Hamed Shahbazi said the purchase would combine Well Health’s scale, Healwell’s AI expertise, and Orion’

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