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WELL Health Technologies Corp T.WELL

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

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 uudamannon Jun 18, 2021 5:52am
242 Views
Post# 33409835

a day late and a dollar short

a day late and a dollar shortMyHealth's revenues and margins float on a bed of over priced, over utilized, government funded cardiac imaging fees. Practising physicians in the field and thus in the know, are aware of overutilization and self referral. It is not uncommon dinner table conversation. 

If the government, particularly in Ontario, which represents MyHealth's paymaster, ever decides to get off their fat duffs and take on the medical establisment on these issues by addressing the overpriced fees which are further driven by overutilization, then the music stops.

During 2008-2009 the US government and private insurers unilaterally smashed rich CT scan fees (including other exam fees) and bankrupted many imaging services. 

Caveat emptor.
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