Announced

Berto Acquisition to merge with OnMed.

Synopsis

Berto Acquisition, a provider of SPAC services, agreed to merge with OnMed, a technology-enabled hybrid healthcare company. Financial terms are not disclosed. "We are excited to partner with the Berto team because of their significant experience and success in scaling tech-enabled infrastructure solutions. OnMed's purpose is to improve the quality of life and sense of wellbeing in the communities where CareStations are deployed. With CareStations having fully diagnosed 85% of patients without a specialist referral and supported the 50% of patients who said they would otherwise have gone to the ER or urgent care, we are proving that this model works. From contract to deployment, a CareStation can be fully operational in just 30 days, bringing quick, convenient healthcare access to all corners of the country," Karthik Ganesh, OnMed CEO.

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