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DaVincian completes acquisition of Gulf-HRA

ABU DHABI, December 7, 2015

DaVincian Healthcare, a leader in the mobile health and wellness industry, has completed its acquisition of Gulf-HRA, a healthcare financial services and analytics company located in Abu Dhabi with branches in Dubai and Fujairah in the UAE.

The acquisition will enable DaVincian to expand its capabilities in telehealth, virtual personal health records, and artificial general intelligence.

"The combination of DaVincian Healthcare and Gulf-HRA positions us for aggressive growth," said Michael Liberty, chairman of the Board, DaVincian Healthcare. "Together with Gulf-HRA we intend to further extend the reach of our healthcare solutions and achieve a level of profitability consistent with our long-term model."

"The acquisition of Gulf-HRA reinforces DaVincian's commitment to leveraging the latest technology innovations to solve healthcare challenges," said Theodore J Waz, president of DaVincian, who previously served as CEO of Gulf-HRA and will continue as its chairman.

"The combination will offer enhanced value and benefits to our customers, including an integrated product suite that optimizes how patients, payers and providers engage in the global healthcare ecosystem."

From cutting-edge artificial general intelligence and secure data transport, to its foundational Platform as a Service (PaaS) health data switch, DaVincian's platform offers infinite opportunities for enhancing the quality and accessibility of healthcare, particularly for underserved populations, a need the company is committed to addressing through its global social mission. – TradeArabia News Service




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