Jack Nathan Health Acquires Writi, a Leading Technology Start-Up for Long Term Care Homes
Summary
• Writi service platform, in its early stage, is scaling, and is used in long-term care (“LTC”) homes by over 800 frontline healthcare workers, serving 15 locations and 1598 resident beds. • Writi is compliant with the Personal Health Information Protection Act (“PHIPA”) and one of the few digital platforms that meet the strict security and regulatory requirements for use in LTC homes. In a short time, they have seen impressive pickup with 15 LTC Homes and 1598 resident beds served on their platform,” said George Barakat, CEO of Jack Nathan Health. Partnering with JNH will strengthen our ability to assist senior living and LTC providers, and their pharmacy partners, resulting in enhanced quality of care for seniors and their loved ones.” Under the terms of the Acquisition, Jack Nathan Health has agreed to pay a purchase price of 1,000,000 Jack Nathan Common shares with certain escrow and claw back provisions. Jack Nathan Health® is an innovative healthcare company that is improving access for millions of patients by co-locating physician and ancillary medical services conveniently located inside Walmart® stores.