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WELL Health Technologies Corp T.WELL

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

WELL Health Technologies Corp. is a Canada-based practitioner-focused digital healthcare company. Its healthcare and digital platform includes extensive front and back-office management software applications that help physicians run and secure their practices. Its business units include Canadian Patient Services, WELL Health USA Patient and Provider Services, and SaaS and Technology Services. Its solutions enable more than 38,000 healthcare providers between the United States and Canada and power owned and operated healthcare ecosystem in Canada with over 200 clinics supporting primary care, specialized care, and diagnostic services. In the United States its solutions are focused on specialized markets such as the gastrointestinal market, women's health, primary care, and mental health. WELL Health USA Patient and Provider Services consists of four assets: CRH Medical, Provider Staffing, Circle Medical and Wisp. It provides cybersecurity protection and patient data privacy solutions.


TSX:WELL - Post by User

Post by stocksaregoodon May 06, 2021 8:24pm
204 Views
Post# 33149376

BNN interview

BNN interviewThere is a really good interview on BNN from today between Amanda and Michael Lee-Chin. He is a Jamacian/Canadian billionaire and founder of Portland Holdings. It is the 6 min one that is most interesting. He tells how he got started by following Wayne Gretzky's moto of go where the puck is going not where it is. He looked at demographics and the baby boomers as they go through life. In the 70's they were in there 20's and it was a purchasing era. By the 90's they were in there 40's and moved towards saving for retirement. He didn't purchase bank stocks as they are open to loan defaults and insuarnce companies are open to high claims. He said his "bullseye" purchase was to take a 500,000 dollar loan and put it all into Mckenzie wealth management. What I getting to and how it plays out with WELL is the boomers are now into their 70's and 60's. These people are focused on longer living hence Mr Lee-Chin says the next big sector and it is just in the early stages is health care. Mr Lee-Chin goes into talking and cancer treatments and such but says generally health care is the next big cycle. So really does it matter what the shorts are doing with the price of WELL at the current time when in 5 years from now those who stay the course will be WELL rewarded. Hamad is not just building a telehealth company but a many divisional company. I'm thinking long term here and can see when the company gets big enough, some of the divisions could be spun off as companies of their own. Yes the day to day flucuation of my account balance is a nusance but in the long run Iam completely content to wait it out. 
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