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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 speedy99on Jan 13, 2022 10:08am
125 Views
Post# 34312332

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Here it goes

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Here it goesI think that given the net worth of Li Ka-Shing, the percentage of ownership in WELL is not critical.  Rather, his name and reputation is associated with it, and along with the deep pockets to assist when necessary.  In fact it is his assistance Solina Shuen, aged 60-61, who is the real connection to WELL.  It is she who had the prior association with Hamed and who spear-headed Li Ka-shing's involvement.  I think the financing comes from a separate charitable like portion of Li Ka-shing's wealth and any losses to WELL are likely to have little financial impact on him - rather, its a mission he supports and to some extent his and Solina's reputation is involved.   Same goes for Hamed.  He has already made his fortune, and its not so much the percentage of his holding here that will motivate him to produce a success.  Rather, he will be concerned about legacy building, etc.    Incidentally, I have seen suggestions that Hamed does not take a salary, but came across something recently that listed the salaries for officers at WELL, and I did not think to copy it, but it indicated a modest salary for Hamed in the $700 to $800 thousand range as I recall.  Very modest for a position such as his, and I would suggest, does not detract at all from his commitment to the success of WELL. 
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