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By Brandon Hornback
America’s broken healthcare system should welcome a new technology that aims to please patients and investors alike.
Berto Acquisition Corp. (NASDAQ: TACO), headed by SPAC veteran Harry You, has signed a non-binding letter of intent to acquire OnMed in a deal likely valued between $500 million to $1 billion, according to a Bloomberg report.
OnMed’s patented “CareStation” solution is an 8 x 10 foot “Clinic-in-a-Box” that provides “Live Diagnostics, Virtual Consults, and Prescriptions in Minutes.” It has already launched in seven states and Puerto Rico is up next. The revolutionary “feel-better-box” addresses a significant gap in U.S. and global healthcare delivery. By minimizing key shortcomings of telemedicine, at a fraction of the cost compared to in-office clinics, OnMed could be a financial home run for investors and a true blessing for underserved communities.
High level notes:
- Can be fully deployed in 30 days
- 85% of patients are fully diagnosed during their visit
- Named to the Time’s Best Inventions of 2025
- 99% patient willingness to return or recommend
For OnMed, the deal provides key growth funding along with access to an outstanding support system through Mr. You and his experienced colleagues. There are more than 120 million Americans living in healthcare deserts, and OnMed has a 30-day rollout plan. Investors also have a chance to move quickly too. Learn all we know about the deal so far in the report below.
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Read Exec Edge’s Initiation on Berto Here
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