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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

Comment by monty613on Jul 19, 2021 3:55pm
120 Views
Post# 33570457

RE:Well.to Takeover target

RE:Well.to Takeover target
SmartmoneyZ wrote: Anyone have an idea on what level Well needs to reach to become a takeover target for a large American healthcare co?


they're already there - $400-$500MM in Revenues and EBITDA of ~$100MM attracts eyes of Private Equity (ie. take private deal) and other public issuers.

WELL is a bit of a mixed bag of assets, though. telehealth/digital assets, Canadian clinics (not sure if any US player wants these), and then CRH Medical which is big enough to be its own public issuer.

the good news is both CRH and MyHealth are roll ups/consolidators on their own, so the runway for growth from just those 2 pieces of the company is long. perhaps if they get big enough they could spin off and sell a standalone division?

i do think with Hamed owning so much stock that he would absolutely sell the company if a big bid came in. it's a clean exit to reap a huge windfall. 
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