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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 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

Comment by gasguy63on May 13, 2020 10:54pm
287 Views
Post# 31025703

RE:Business

RE:BusinessPublic Insured Clinical refers to revenue generated for providing publicly accessible healthcare services that are reimbursed by the provincial health authorities. Meanwhile, Other Clinical refers to services that are not eligible for government reimbursement, and as such are charged directly to patients and/or third parties…The Company began generating revenue from digital services effective January 1, 2019 when it acquired NerdEMR. The Company then acquired OSCARprn on June 12, 2019, KAI on July 1, 2019 and OSCARwest on December 1, 2019.

Reliance on Physicians and other Healthcare Professionals - The Company relies heavily on the availability of physicians and other healthcare professionals to provide services at its facilities.

WELL currently serves approximately 1507 clinics and over 8,000 physicians…

Total Clinical Services accounted for 92% of Total Revenue…Digital services accounted for 8% of total revenue during the 12 months ended December 31, 2019

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