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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 May 03, 2022 8:58am
88 Views
Post# 34650489

RE:RE:RE:The Goodwill Ran Out

RE:RE:RE:The Goodwill Ran OutThats hard to do in a short post.  I was only responding to the suggestion that the writedown for Goodwill with TDOC would be a precursor for a writedown with WELL or had some bearing on the Goodwill recorded on WELLs books.  So I think if anyone needs to do some defending on that score it would be the author of the post made this morning, suggesting we ought to be worried about the TDOC writedown.  Monty on these boards is the expert on CRH as he was a shareholder in the company prior to the purchase.  This is the largest acquisition by WELL and if you look at the Revenues alone generated since the purchase and compare to the cost of the acquisition there can be no doubt that this was an extremely provident purchase - interesting to note, because the Short reports were all critical of the CRH purchase suggesting that WELL had overpaid.  I think we are way beyond that allegation at this point in time.  I don't have the time or space to delve into the merits of the CRH acquisition or the MyHealth acquisition here, but they certainly do not compare to the LIVONGO purchase by TDOC which was the basis of the writedown for goodwill with TDOC
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