Viemed invests $2M in ModoHealth, gains convertible note and network access

VIEMED HEALTHCARE, INC.

Invested $2,000,000 cash in ModoHealth, a value-based care and patient management platform.
Received an 18-month secured convertible promissory note as part of the investment.
Will join ModoHealth's provider network to treat COPD, sleep apnea, and other respiratory conditions.
ModoHealth to use proceeds to expand its proprietary patient management network.
CEO highlights data-driven care coordination as key to value-based healthcare models.

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