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Bullboard - Stock Discussion Forum WELL Health Technologies Corp WHTCF


Primary Symbol: T.WELL Alternate Symbol(s):  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... see more

TSX:WELL - Post Discussion

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Post by parahyangam on Sep 08, 2023 1:16pm

ORION HEALTH

The company founder and former CEO[6] is Ian McCrae. In 2022, Brad Porter was appointed as the current CEO.[7][8] The company's head office is in Grafton, Auckland, New Zealand.[9] Orion Health was a privately owned company for over 20 years. Orion Health became a public organisation on 26 November 2014 when it listed on the NZX.[10] It has not registered a profit since, and in April 2017 market analysts were suggesting that it was in serious trouble. The company said it was looking for a capital injection from new investors.[11] In February 2018, Orion Health launched a cloud-based Rhapsody integration on Amazon Web Services (AWS).[12][13] In March 2019 shares were compulsorily acquired by Ian McCrae for $1.224 per share,[14] a large drop from their $5.70 IPO share price causing widespread losses to early investors. Orion Health was then de-listed from the Australian Stock Exchange and the New Zealand Stock Exchange, becoming again a privately held company.

In 2016 Orion Health partnered with the University of Auckland and the Waitemata District Health Board to develop one of New Zealand's largest data science research initiatives called Precision Driven Health[15] In 2017 the Precision Driven Health partnership received the Research and Business Partnership Award at the KiwiNet Research Commercialisation Awards

Comment by Noshortsallowed on Sep 08, 2023 1:22pm
I'm not sure it can be verified but according to their website they are now profitable.. obviously nothing to confirm that since they are private..
Comment by BudFoxx2020 on Sep 08, 2023 1:40pm
Here is my 0.02 cents on Orion and Orion only.  This company was on the verge of bankruptcy and being delisted.  So they took it private causing investors to lose all their money.  4 years later they remerge and they are profitable.  Where more than 80% of their revenue comes form offshores entities.  Looks like they are setting themselves up to go public again and fleece ...more  
Comment by SunsetGrill on Sep 08, 2023 5:20pm
This post has been removed in accordance with Community Policy
Comment by BudFoxx2020 on Sep 08, 2023 6:16pm
This post has been removed in accordance with Community Policy
Comment by SunsetGrill on Sep 11, 2023 8:03am
This post has been removed in accordance with Community Policy
Comment by SunsetGrill on Sep 11, 2023 8:48am
0.02 cents from someone with no sense. BUTT has yet again shown his uncanny ability to predict the past; and seems to always be stuck in it. Unfortunately everyone else in the market looks forward.  
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