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WELL Health Technologies Corp WHTCF


Primary Symbol: T.WELL Alternate Symbol(s):  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 BudFoxx2020on Jul 13, 2023 6:54pm
205 Views
Post# 35540354

Just some DD for my fellow SH kin’s…

Just some DD for my fellow SH kin’s…I know no one really does DD here, they only read company NR's.

Since careplus is a private company, it is hard to get information.  This company has anywhere between 2 to 50 employees and revenue anywhere between 2 to 32 million.  So how does Well guidance rises 50 million.  Lol.  And here is some juicy news.  Just sharing my DD, cheers.  Lol.  You guys are welcome.  

Anesthesia group to pay $7.2M over kickback, false claim allegations

 

 
 
 
 
 
 
 
 

Anesthesia management services company Care Plus Management, its founders Paul Weir and John Morgan, MD, and 18 anesthesia entities that Care Plus owned and operated will pay $7.2 million to settle allegations of kickbacks and false claims, the Justice Department said April 13.

Under the False Claims Act, a whistleblower for the case will receive over $1.3 million from the settlement.

Between 2012 and 2016, Mr. Weir and Dr. Morgan were alleged to have convinced ASC physician owners to award exclusive service agreements in exchange for partial ownership in Care Plus anesthesia entities that would service the ASCs, the Justice Department said.

The department alleged that Care Plus subsidized surgery centers' costs for drugs, supplies and equipment to further entice physician owners to grant exclusive agreements to Care Plus.

No determination of liability was reached in the case.


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