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WELL Health Technologies Corp T.WELL

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

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

Comment by monty613on May 31, 2022 11:58am
81 Views
Post# 34720272

RE:RE:RE:RE:RE:RE:RE:RE:$325 million in long term debt

RE:RE:RE:RE:RE:RE:RE:RE:$325 million in long term debt
jdsd0517 wrote: Respectfully, you can't honestly compare selling 100% of a business with raising capital into a business.  They are different transactions financially, and more importantly, they are different transactions EMOTIONALLY for the founders (sellers).


they took ~50% of the purchase price in WELL shares. that is very different financially than selling 100% of your business for cash, or cash + VTB, and then riding off into the sunset.

if they raised capital in the form of selling a controlling stake to a PE player, and then continued to run the business, how is that much different than what is happening here?

the point I am making here is that bandit69 referred to the MyHealth sale as the exit for the owners and founders. it's not. it was a transaction which afforded them the capital to grow while still maintaining ownership and autonomy. 




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