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Bullboard - Stock Discussion Forum 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... see more

TSX:WELL - Post Discussion

WELL Health Technologies Corp > 2022 Q1 forecast to be weaker
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Post by Capharnaum on Mar 31, 2022 1:39pm

2022 Q1 forecast to be weaker

On the conference call, they did highlight that Q4 is seasonaly strong while Q1 is expected to be seasonaly weaker. Something about more subsidies in Q4 for elective surgery where WELL Health provides anesthesia services.

So, there's a new bone for the sceptics and the bashers to chew on and regurgitate for the next few months.
Comment by monty613 on Mar 31, 2022 1:50pm
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 ...more  
Comment by Capharnaum on Mar 31, 2022 2:03pm
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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