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WELL Health Technologies Corp T.WELL

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

Healthcare
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

WELL Health Technologies Corp > lots of garbage
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Comment by bandit69on Feb 15, 2022 1:12pm
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Post# 34430651

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:lots of garbage

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:lots of garbage
monty613 wrote:
 
you're incorrect in saying that there are lower barriers to entry than a dental practice. MyHealth operates diagnostic imaging and cardiology clinics. these are licensed by Provinces which creates monopolies. medical clinics like this also have far more stable and recurring revenues when compared to dental offices.

re: growth - MyHealth has completed over 20 acquisitions and has grown the recurring revenue in these businesses substantially (believe it was 30%+) by consolidating plus adding new services to said clinics.
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Ok, fair enough.  When it comes to diagnostics, I could see equipment and certifications/licensing as obstacles but not ones that are not overcome if someone has the capital.  I was thinking more along the lines of your comment "WELL is now the largest owner of outpatient medical clinics in Canada - not sure if you're aware of that" hence my clinic comments.
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