HealthLynked (OTCQB:HLYK) CEO Dr. Michael Dent and Chief Financial Officer George O'Leary join Natalie Stoberman from the Proactive studio to detail the sale of its Accountable Care Organization division to Palm Beach Accountable Care Organization.
Under the terms of the agreement, HealthLynked will receive $750,000 in cash paid at signing of the definitive agreement. The sale also includes up to $2.25 million incremental cash based on agreement to participate in PBACO by AHP’s existing physician practices or newly added practices, scaled based on the number of covered patients transferred to PBACO by July 31, 2023.