Think Research completes acquisition of Clinic 360
February 3, 2021
TORONTO – Think Research Corp. announced it has closed its previously announced acquisition of all of issued and outstanding shares of Clinic 360 Inc., an innovator and leader in elective and cosmetic surgery, in exchange for cash and shares of TRC. “We are making significant changes to how patients and clinicians experience the continuum of care and being at the core of where we want the change to happen is key. Working closely with Clinic 360, we will be able to refine and add to our library of knowledge-based surgical decision support tools with instant and direct feedback from the surgeons using it,” said Sachin Aggarwal (pictured), CEO, Think Research.
“Clinic 360 will also leverage our telemedicine platform to provide virtual consults and become part of the Think Research-led Ontario e-referrals network. It’s an opportunity that makes sense financially, but also, importantly, provides us with hands-on access to the frontline where our products are being used.”
This acquisition builds on the previously announced acquisition by Think Research of Healthcare Plus, a network of seven digital-first primary, specialty and allied care clinics.
Dr. Magdi Gaid, lead physician at Clinic 360, said, “We are excited to become part of the Think Research network and to use these transformative solutions to change the way we care for our patients and improve how we connect to the broader healthcare system. The existing elective surgery backlog in Ontario is more than two years long, according to some published reports, and this shift to evidence-based digital care delivery will also help position us to play a role in addressing that issue.”
About Think Research Corporation
Think Research is an industry leader in delivering integrated digital healthcare solutions. The Company’s focused mission is to organize the world’s health knowledge so everyone gets the best care. Its evidence-based healthcare technology solutions support the clinical decision-making process, standardize care, and improve patient outcomes. For over a decade, Think Research’s cloud-based, EMR-agnostic digital tools have empowered clinicians around the world and impacted millions of patients across the continuum of care – from acute to primary, community and seniors care. The Company is proud to serve as a trusted health system partner to a rapidly growing global client base that spans three continents and more than 2,200 healthcare facilities.