CloudMD Acquires Re:Function Health Group Inc., Canadian Rehabilitation Clinics, For About $6.14 Million

CloudMD acquired Re:Function Health Group Inc., for $8 million Canadian (about $6.14 American). Re:Function which provides an integrated network of eight rehabilitation clinics in British Columbia. It provides assessments for enterprise clients, insurers, and corporations for long-term disability claims and return to work outcomes. CloudMD is a telehealth company. With the addition of Re:Function, CloudMD’s network will include 15 clinics that serve about 500,000 consumers.

Re:Function provides four key services: Re:Build (physiotherapy), Re:Think (counseling), Re:View (medical-legal consulting) and Re:Tool (vocational rehabilitation), and a team of specialists including . . .