SALT LAKE CITY — Health Station Networks will acquire “substantially all” of the assets of Sentry Health Monitors, which owns and operates more than 20,000 health monitors in pharmacies and other locations in the United States and Canada previously owned by Lifeclinic International, under a binding letter of intent.
HSNI — owned by a consortium of strategic partners from the health-and-wellness and digital media industries, and led by former Sony Pictures Entertainment executive Kenneth Williams — expected the deal to close next month. Sentry Health will continue under the leadership of CEO Andrew Bebbington. Financial terms of the deal were not disclosed.
“Our country is in a healthcare crisis, and SHM’s network of health monitors can be utilized to build effective health-and-wellness solutions,” Williams said. “Our goal at HSNI is to accelerate this transition to the new health monitor platform and to provide more effective health risk assessment and empowerment for individuals and organizations.”