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WELL Health Announces Approval for Historic $44M Project, the Largest DIGITAL Project Ever Awarded to Advance AI-powered Tech Enablement for Care Providers

Newswire.ca - Wed Jul 10, 12:15PM CDT

VANCOUVER, BC and TORONTO, July 10, 2024 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) (the "Company" or "WELL"), a leading company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, is thrilled to announce the approval and advancement of a groundbreaking $44M project, which will receive $15.3M in funding from DIGITAL to support investments in R&D and commercialization from other partners for phase 2 of the Health Compass project, known as Health Compass II. This monumental funding represents the largest project DIGITAL, Canada's Global Innovation Cluster for digital technologies, has awarded to date in any funding category, marking a significant milestone in the commitment and advancement of AI and interoperability in healthcare.

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