PainChek: Expands to Canada market on new AlayaCare deal

  • PainChek (PCK) has extended its partnership contract with AlayaCare -opening the opportunity for PainChek to enter the Canadian home care market
  • PainChek will integrate its smartphone-based pain assessment and monitoring tool with AlayaCare’s home care software platform
  • AlayaCare is a Montreal-based home healthcare company that provides software to 500 home and community care organizations
  • While the companies have an existing agreement in Australia, this extended partnership opens doors to new opportunities in Canada
  • The Canadian home care market is worth around $5 billion and presents a sizeable opportunity for PainChek
  • Company shares ended the day trading a slight 2.22 percent higher for 9.2 cents
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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