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WELL Health Technologies Corp T.WELL

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

Healthcare
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

WELL Health Technologies Corp > 2022 Q1 forecast to be weaker
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Comment by Capharnaumon Mar 31, 2022 2:03pm
110 Views
Post# 34563932

RE:RE:2022 Q1 forecast to be weaker

RE:RE:2022 Q1 forecast to be weaker
monty613 wrote: that comment was specifically related to CRH Medical - Q4 is the busiest quarter and Q1 is the slowest. if you bring up CRH's last filed statements on SEDAR they actually break out the seasonality:


Seasonality is driven by both patient cases and seasonal payor mix. As a result, revenue per patient will fluctuate quarterly. The seasonality of patient cases for fiscal 2020 is provided below for organic patient cases; it excludes patient cases relating to acquisitions completed in 2020.

COVID-19 had the most significant impact on case volumes in the second quarter of 2020.

Q4 2020 31.8 %
Q3 2020  28.7 % 
Q2 2020 13.8 %
Q1 2020 25.7 %


You are right that it started with CRH Medical, but they did expand and say that WELL in general had similar seasonality. I'm not a quarter by quarter investor (I look at longer outlook), so it doesn't really change anything for me, but I know it will be a bone to chew for the traders.
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