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UpHealth and Cloudbreak went public via a merger with GigCapital2 in a $1.35bn deal.

Synopsis

Healthcare services firms UpHealth and Cloudbreak went public via a merger with GigCapital2, a special purpose acquisition company, in a $1.35bn deal. “UpHealth is a global, digital health services and technology pioneer. It combines primary care with integrated care management and overlays pharmacy and behavioral telehealth services to provide a ‘one-stop shop’ platform to improve health outcomes, quality, costs, and patient experience. The business combination strengthens UpHealth to further penetrate the broad and fast-growing digital health and telehealth market," Chirinjeev Kathuria, UpHealth Co-Founder and Chairman.

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