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WELL Health Technologies Corp T.WELL

Alternate Symbol(s):  WHTCF | T.WELL.DB

WELL Health Technologies Corp. is a practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and Provider Services includes Primary Circle Medical, Primary WISP, Specialized CRH Medical, and Specialized Provider Staffing. Its healthcare and digital platform includes front and back-office management software applications that help physicians run and secure their practices. Its focused markets include the gastrointestinal market, women's health, primary care and mental health. Its solutions enable 34,000 healthcare providers between the United States and Canada and power owned and operated healthcare’s in Canada with 165 clinics supporting primary care, specialized care and diagnostic services.


TSX:WELL - Post by User

Post by Smokey1958on Feb 03, 2023 4:00pm
128 Views
Post# 35265865

Not a Tech Company.....

Not a Tech Company.....

.....but clearly by definition and inclusion, a part of the Tech Sector as applies to stock exchanges.

"The technology sector is comprised of businesses that sell goods and services in electronics, software, computers, artificial intelligence, and other industries related to information technology (IT)."

Clearly by definition WELL is part of both the technology (and health) sectors. While owning close to one hundred bricks and mortar clinics in Canada it supports ~ 15,000 physicians primarily in the area of software services. It's multiple acquisitions in the US connected to primary and specialist health as well as telehealth again demonstrate it's inclusion as part of the technology sector as applies to software, AI and IT.

As of July 2021 WELL was the leading multi disciplinary telehealth service in Canada. The numbers, analyst comments, acquisitions and growth ALL paint the same picture of the sectors it is identified as being part of and its substantial return for a longterm investor.

Having said that if you purchased shares in the last few months your return has been quite reasonable ....even in the shorterm!!!


 

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