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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 retiredcfon Aug 03, 2021 10:51am
172 Views
Post# 33642163

Globe & Mail

Globe & Mail

10:19 AM EDT, 08/03/2021 (MT Newswires) -- WELL Health Technologies Corp. (WELL.TO), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, said Tuesday that its CRH Medical subsidiary completed its acquisition of a 51% stake in Greater Washington Anesthesia Associates, LLC, a provider of gastro-intestinal-related anesthesia services in Virginia.

WELL Health, which at last look lost 1.4% in early Tuesday trading, said the transaction marked CRH's fourth acquisition since joining WELL Health and increased its endoscopy sites to 77.

The acquisition is expected to be immediately accretive to CRH's cashflows and represents an estimated current annual revenue run-rate of about US$3.3 million with operating EBITDA margins of about 50%.

Price: 7.25, Change: -0.08, Percent Change: -1.09

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