Xalles Holdings (OTC:XALL) announced that its subsidiaries InnovationsHR and Capital Innovations Management have partnered with national health plan provider Ovation Health.
InnovationsHR provides affordable healthcare and business solutions for small and medium-sized businesses, while Capital Innovations Management primarily provides staffing services.
Xalles said that their collaboration with Ovation Health seeks to transform the employer health plan landscape by enabling businesses to control their health benefits and see substantial savings without annual rate increases.
Founded by physicians, Ovation Health provides affordable health plans covering full medical, dental, and vision care.
It achieves cost reductions through its use of telemedicine, its pharmacy program, and its network of physicians facilitated by fixed-rate direct contracting and broader provider network relationships.
Xalles is a holding company specializing in innovative technology and financial service solutions. Through its RISE (Roll In, Selected Exit) business model, it actively seeks acquisition targets with solid management teams, robust business models, expansive total attainable markets, and enticing exit opportunities.