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Adracare to be acquired by WELL Health Technologies Toronto healthtech startup Adracare is set to be acquired by WELL Health Technologies in a $4.75 million CAD deal. On January 4, WELL Health announced it had closed the acquisition of Adracare. Adracare is the startup that followed from the former Toronto healthtech company Orbcare, which went bankrupt in 2019. Adracare was created late last year by the team behind OrbCare, having acquired a portion of Orbcare’s assets out of bankruptcy. “Adracare is a complementary offering to our existing EMR and telehealth software revenue streams.” Adracare provides clinic management, telehealth and practice management software to enterprise clients. Its customers operate in the areas of mental health, physiotherapy, nutrition, medicinal cannabis, audiology and speech pathology, and occupational health. Medical professionals use the management software to connect with patients virtually.

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