Numinus Wellness Announces Sale of Clinics and Unique Data Partnership to Increase Access to Mental Health Care
Numinus Wellness has announced a strategic sale of its five Utah wellness clinics to Stella for US$3.53 million, alongside a unique data partnership agreement. The deal includes US$2.08 million paid at closing, US$750,000 in monthly installments throughout 2025, and up to US$0.7 million in deferred compensation.
The partnership grants Numinus access to operational data from Stella's network of 12 mental health clinics, enabling the development of advanced clinic management solutions. This strategic move allows Numinus to focus on developing technology-driven solutions for mental health care providers, leveraging their experience of serving 50,000 unique individuals and processing 250,000 insurance-reimbursed claims.
Numinus Wellness ha annunciato una vendita strategica delle sue cinque cliniche di benessere nello Utah a Stella per 3,53 milioni di dollari, insieme a un accordo di partnership sui dati unico. L'affare include 2,08 milioni di dollari pagati al momento della chiusura, 750.000 dollari in rate mensili fino al 2025 e fino a 0,7 milioni di dollari in compenso differito.
La partnership concede a Numinus accesso ai dati operativi dalla rete di 12 cliniche di salute mentale di Stella, consentendo lo sviluppo di soluzioni avanzate per la gestione delle cliniche. Questa mossa strategica consente a Numinus di concentrarsi sullo sviluppo di soluzioni basate sulla tecnologia per i fornitori di servizi di salute mentale, sfruttando la loro esperienza nel servire 50.000 individui unici e nel gestire 250.000 richieste di rimborso assicurativo.
Numinus Wellness ha anunciado la venta estratégica de sus cinco clínicas de bienestar en Utah a Stella por 3.53 millones de dólares, junto con un acuerdo único de asociación de datos. El acuerdo incluye 2.08 millones de dólares pagados al cierre, 750,000 dólares en pagos mensuales durante 2025, y hasta 0.7 millones de dólares en compensación diferida.
La asociación otorga a Numinus acceso a datos operacionales de la red de 12 clínicas de salud mental de Stella, lo que permite el desarrollo de soluciones avanzadas para la gestión de clínicas. Este movimiento estratégico permite a Numinus centrarse en desarrollar soluciones impulsadas por tecnología para proveedores de atención de salud mental, aprovechando su experiencia en la atención de 50,000 individuos únicos y el procesamiento de 250,000 reclamaciones reembolsadas por seguros.
Numinus Wellness는 유타주에 있는 다섯 개의 웰니스 클리닉을 Stella에 353만 달러에 전략적으로 매각하고 독특한 데이터 파트너십 계약을 발표했습니다. 이 계약에는 거래 종료 시 208만 달러가 지급되고, 2025년까지 매월 75만 달러가 분할 지급되며, 최대 70만 달러의 지연 보상금이 포함됩니다.
이번 파트너십을 통해 Numinus는 Stella의 12개 정신 건강 클리닉 네트워크의 운영 데이터를 활용할 수 있게 되어, 고급 클리닉 관리 솔루션 개발이 가능해집니다. 이 전략적 결정은 Numinus가 50,000명의 독특한 개인에게 서비스를 제공하고 보험 청구를 250,000건 처리한 경험을 활용하여 정신 건강 치료 제공자를 위한 기술 주도 솔루션 개발에 집중할 수 있게 합니다.
Numinus Wellness a annoncé une vente stratégique de ses cinq cliniques de bien-être dans l'Utah à Stella pour 3,53 millions de dollars, ainsi qu'un accord de partenariat unique sur les données. L'accord comprend 2,08 millions de dollars payés à la clôture, 750 000 dollars en paiements mensuels jusqu'en 2025, et jusqu'à 700 000 dollars de compensation différée.
Ce partenariat donne à Numinus accès aux données opérationnelles du réseau de 12 cliniques de santé mentale de Stella, ce qui permet le développement de solutions avancées de gestion des cliniques. Ce mouvement stratégique permet à Numinus de se concentrer sur le développement de solutions technologiques pour les fournisseurs de soins de santé mentale, en s'appuyant sur son expérience au service de 50 000 individus uniques et au traitement de 250 000 demandes remboursées par les assurances.
Numinus Wellness hat den strategischen Verkauf seiner fünf Wellness-Kliniken in Utah an Stella für 3,53 Millionen Dollar angekündigt, zusammen mit einer einzigartigen Datenpartnerschaftsvereinbarung. Der Deal umfasst 2,08 Millionen Dollar, die bei Abschluss gezahlt werden, 750.000 Dollar in monatlichen Raten bis 2025 und bis zu 700.000 Dollar an aufgeschobener Vergütung.
Die Partnerschaft gewährt Numinus Zugang zu Betriebsdaten aus dem Netzwerk von 12 psychiatrischen Kliniken von Stella, was die Entwicklung fortschrittlicher Lösungen für das Klinikmanagement ermöglicht. Dieser strategische Schritt ermöglicht es Numinus, sich auf die Entwicklung technologiegestützter Lösungen für Anbieter von psychischer Gesundheitsversorgung zu konzentrieren und dabei auf die Erfahrung zurückzugreifen, 50.000 einzigartige Personen zu bedienen und 250.000 erstattete Versicherungsansprüche zu bearbeiten.
- None.
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Definitive agreement includes the sale of
- Executed a definitive agreement with Stella for the sale of Numinus Wellness clinics for
US $3.53 million - Focusing on business units and product development ("Numinus Network") to facilitate clinic efficiency and care reimbursement for mental health practitioners
- Stella will partner with Numinus to share operational data from its network of 12 mental health clinics, supporting the development of advanced clinic management solutions for mental health practices, including insurance reimbursement support
- Creates an asset-light business with a synergistic combination of clinical support, practitioner training and clinical research with a strengthened balance sheet
"This transaction marks an exciting new chapter in Numinus' strategy to reshape behavioral health care," said Payton Nyquvest, Founder and CEO of Numinus. "Leveraging our deep expertise in patient care, where we served about 50,000 unique individuals, over 200,000 appointments, and about 250,000 insurance-reimbursed claims, we're now accelerating our mission by focusing on cutting-edge technology solutions. Through our partnership with Stella, we gain unprecedented access to operational data that will enable us to develop a SaaS solution to redefine how clinics operate, from improving patient outcomes to optimizing efficiencies and reimbursement processes.
With Cedar Clinical Research continuing to lead the field in clinical trial research and our practitioner training programs offering world-class instruction, Numinus is positioned to support mental health providers worldwide. Together, we're building a future where innovative technology and compassionate care combine to transform mental health on a global scale."
"With Stella taking over operations across Numinus' clinics, we're bringing additional life-changing treatments to the
"Stella will bolster our clinical solutions offering as we leverage their deep clinical expertise and patient care experience," added Mr. Nyquvest. "With ketamine and Spravato™ emerging as key treatments for depression and associated mental health conditions, we aim to ease the operational burdens healthcare professionals face as they are challenged to meet the growing requests for care. We expect strong demand for Numinus Network Solutions."
Details of the Agreement
Stella MSO LLC will acquire Numinus Wellness' five clinics located in
- Total consideration of
US paid at the closing of the transaction$2.08 million - Consideration of
US paid over six equal monthly instalments in 2025$750,000 - Deferred compensation of up to
US to be paid in 2025$0.7 million - Stella will negotiate a partnership with Numinus, where Stella will provide ongoing access to operational data from its network of 12 mental health clinics
About Numinus
Numinus Wellness Inc. (TSX: NUMI) helps people to heal and be well through the development and delivery of innovative mental health care and access to safe, evidence-based psychedelic-assisted therapies. The Numinus model – technology-driven clinic support, clinical trial research and comprehensive practitioner training – is at the forefront of a transformation aimed at healing rather than managing symptoms of depression, anxiety, trauma, pain and substance use. At Numinus, we are leading the integration of psychedelic-assisted therapies into mainstream clinical practice and building the foundation for a healthier society.
Learn more at www.numinus.com and follow us on LinkedIn, Facebook, and Instagram.
About Stella:
Stella is an interventional psychiatry practice dedicated to delivering the most effective mental health protocols for severe trauma, stress, anxiety, depression, and post-traumatic stress injury (PTSI). With a team of board-certified physicians, advanced psychiatric nurse practitioners, psychologists, psychiatrists and advocates, Stella combines biology, psychology, and psychiatry to address the complex needs of patients. Stella Center has 20+ locations across
Forward-looking statements
Statements and other information contained in this press release about anticipated future events constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", and "intend" and statements that an event "may", "will", "should", "could" or "might" occur or other similar expressions. Forward-looking statements are subject to risks and uncertainties and other factors that could cause actual results to differ materially from those contained in the forward-looking statements, including challenges and uncertainties inherent in the parties' ability to close the transaction and the ability to realize the benefits, if any, from the transaction, and other risks that are set forth in our annual information form dated November 29, 2023, and available on SEDAR at www.sedarplus.ca. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. Numinus does not undertake any obligation to update forward-looking statements even if circumstances or management's estimates or opinions should change except as required by applicable laws. Investors should not place undue reliance on forward-looking statements.
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SOURCE Numinus Wellness Inc.
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