India, Oct. 29 -- Davion Healthcare Plc (DAVI), which develops non-invasive health monitoring technologies, has agreed to acquire Healthcare Stat Homecare (HSH), Philadelphia-based home healthcare provider, for $13. 5 million to expand its healthcare services and revenue base.
The consideration comprises $8 million in cash and $5.5 in Davion shares valued at $13 per share. Completion is expected on or before December 31, 2026, subject to the acquisition agreement.
HSH provides skilled nursing, rehabilitation, home health aide and other services, including wound care, diabetes management and dementia care. For 2025, the company reported approximately $11.6 million in gross receipts and $1.9 million in ordinary business income, based on una...