Rennova Health recently completed an agreement with InnovaQor, a subsidiary of TPT Global Tech, to merge Rennova's software and genetic testing divisions and form a company providing telehealth.
The West Palm Beach, Fla.-based healthcare services provider, which also owns and operates rural hospitals, completed the agreement Dec. 31, according to the Jan. 6 news release. Rennova initiated plans for the new company, to be called InnovaQor, last June.
As part of InnovaQor and TPT Global Tech's previous license agreement, the two companies have agreed to create a telehealth platform that combines telemedicine with EHR-like capabilities, making virtual visits and communication with providers accessible to patients via smartphone.
The deal is expected to close by Jan. 31.