Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Well Health Technologies Corp. (T:WELL)

Business Focus: Healthcare Facilities & Services (NEC)

May 19, 2022 09:30 am ET
WELL HEALTH COMPLETES $34.5 MILLION BOUGHT DEAL OFFERING OF COMMON SHARES
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
May 18, 2022 07:00 am ET
OTC Markets Group Welcomes Well Health Technologies Corp. to OTCQX
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Well Health Technologies Corp. (TSX: WELL; OTCQX: WHTCF), a practitioner focused digital healthcare company,...
May 18, 2022 07:00 am ET
WELL Health Technologies Upgraded to the OTCQX Market
VANCOUVER, BC, May 18, 2022 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a digital health company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce that it has qualified to trade on the OTCQX Market and will begin trading today, May 18, 2022. 
May 18, 2022 07:00 am ET
WELL Health Technologies Upgraded to the OTCQX Market
VANCOUVER, BC, May 18, 2022 /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a digital health company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce that it has qualified to trade on the OTCQX Market and will begin trading today, May 18, 2022. 
May 11, 2022 05:04 pm ET
WELL Health Reports Record Quarterly Revenue reflecting 395% Growth for Q1-2022 Accelerating Organic Growth and Increases Annual Guidance
WELL reported record quarterly revenues of $126.5 million in Q1-2022 representing a 395% year-over-year (YoY) increase compared to Q1-2021, catapulting the Company to over $500 million annualized revenue run-rate. Revenues reflected accelerating organic growth to 15% on a YoY basis.WELL achieved Adjusted EBITDA(2) of $23.5 million in Q1-2022, compared to Adjusted EBITDA(2) of $0.5 million for Q1-2021.WELL reported Adjusted Net Income(3) of $8.6 million in Q1-2022, compared to Adjusted Net Loss(3) of $2.4 million in Q1-2021.WELL delivered 772,093 total omni-channel patient visits in Q1-2022,
May 11, 2022 05:04 pm ET
WELL Health Reports Record Quarterly Revenue reflecting 395% Growth for Q1-2022 Accelerating Organic Growth and Increases Annual Guidance
WELL reported record quarterly revenues of $126.5 million in Q1-2022 representing a 395% year-over-year (YoY) increase compared to Q1-2021, catapulting the Company to over $500 million annualized revenue run-rate. Revenues reflected accelerating organic growth to 15% on a YoY basis.WELL achieved Adjusted EBITDA(2) of $23.5 million in Q1-2022, compared to Adjusted EBITDA(2) of $0.5 million for Q1-2021.WELL reported Adjusted Net Income(3) of $8.6 million in Q1-2022, compared to Adjusted Net Loss(3) of $2.4 million in Q1-2021.WELL delivered 772,093 total omni-channel patient visits in Q1-2022,
May 11, 2022 04:55 pm ET
WELL Health Announces $30 Million Bought Deal Offering of Common Shares
WELL Health Technologies Corp. (TSX: WELL) (“WELL” or the “Company”) is pleased to announce that it has entered into an agreement pursuant to which Eight Capital and Stifel GMP as joint bookrunners and co-lead underwriters, together with a...
May 06, 2022 07:00 am ET
WELL Announces Conference Call for First Quarter 2022 Financial Results
VANCOUVER, BC, May 6, 2022 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (the "Company" or "WELL"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, will release its First Quarter 2022 financial results for the period ended March 31, 2022 before market open on Thursday, May 12, 2022. The Company will also hold a conference call and simultaneous webcast to discuss its results on the same day at 1:00 pm EST (10:00 am PST). The call will be hosted by Hamed Shahbazi, Chairman and Chief Executi
May 06, 2022 07:00 am ET
WELL Announces Conference Call for First Quarter 2022 Financial Results
VANCOUVER, BC, May 6, 2022 /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) (the "Company" or "WELL"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, will release its First Quarter 2022 financial results for the period ended March 31, 2022 before market open on Thursday, May 12, 2022. The Company will also hold a conference call and simultaneous webcast to discuss its results on the same day at 1:00 pm EST (10:00 am PST). The call will be hosted by Hamed Shahbazi, Chairman and Chief
Apr 26, 2022 07:00 am ET
WELL Health Announces Intention to Renew Normal Course Issuer Bid
VANCOUVER, BC, April 26, 2022 /CNW/ -  WELL Health Technologies Corp. (TSX: WELL) (the "Company" or "WELL"), a company focused on positively impacting health outcomes by leveraging technology to empower practitioners and their patients globally, today announced that it has filed its Notice of Intention to Make a Normal Course Issuer Bid ("NCIB") with the Toronto Stock Exchange ("TSX").
Apr 26, 2022 07:00 am ET
WELL Health Announces Intention to Renew Normal Course Issuer Bid
VANCOUVER, BC, April 26, 2022 /PRNewswire/ -  WELL Health Technologies Corp. (TSX: WELL) (the "Company" or "WELL"), a company focused on positively impacting health outcomes by leveraging technology to empower practitioners and their patients globally, today announced that it has filed its Notice of Intention to Make a Normal Course Issuer Bid ("NCIB") with the Toronto Stock Exchange ("TSX").
Apr 25, 2022 07:00 am ET
WELL Health Provides Business Update Reflecting Strong Growth and Enhanced Revenue Outlook for Q1-2022
WELL expects1 to announce strong financial results for Q1-2022 with another record performance as revenues are expected to be greater than $120 million in the quarter.Total omni-channel patient visits2 in Q1-2022 increased by 62% compared to Q1-2021 and reflected a 10% increase when compared to Q4-2021.WELL's US focused virtual patient services businesses continue to grow rapidly, with Circle Medical and Wisp exceeding $100 million in annualized revenue run-rate on a combined basis in March 2022, reflecting over 150% YoY growth and delivering positive Adjusted EBITDA3.The Ontario Medical Ass
Apr 25, 2022 07:00 am ET
WELL Health Provides Business Update Reflecting Strong Growth and Enhanced Revenue Outlook for Q1-2022
WELL expects1 to announce strong financial results for Q1-2022 with another record performance as revenues are expected to be greater than $120 million in the quarter.Total omni-channel patient visits2 in Q1-2022 increased by 62% compared to Q1-2021 and reflected a 10% increase when compared to Q4-2021.WELL's US focused virtual patient services businesses continue to grow rapidly, with Circle Medical and Wisp exceeding $100 million in annualized revenue run-rate on a combined basis in March 2022, reflecting over 150% YoY growth and delivering positive Adjusted EBITDA3.The Ontario Medical Ass
Apr 21, 2022 07:00 am ET
WELL Health to Present and Participate in the Bloom Burton & Co. Healthcare Investor Conference
VANCOUVER, BC, April 21, 2022 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce that Hamed Shahbazi, Chairman and CEO, will be participating in the Bloom Burton & Co. Healthcare Investor Conference.
Apr 21, 2022 07:00 am ET
WELL Health to Present and Participate in the Bloom Burton & Co. Healthcare Investor Conference
VANCOUVER, BC, April 21, 2022 /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce that Hamed Shahbazi, Chairman and CEO, will be participating in the Bloom Burton & Co. Healthcare Investor Conference.
Apr 13, 2022 07:00 am ET
WELL Health Makes Strategic Investment in Tali.ai to Develop an AI-Powered Voice Assistant for Practitioners
WELL has entered into a strategic alliance agreement with Tali.ai which allows WELL to commercialize Tali's AI technology across WELL's EMR portfolio. Tali's technology allows doctors to have a 'conversation with their EMR' to support patients with greater efficiency and deliver improved patient outcomes.WELL Health announces a minority investment through its WELL Ventures subsidiary in Tali.ai, a Canadian leader in artificial intelligence (AI) voice solutions for doctors and healthcare providersTali.ai is the latest application to be added to WELL's apps.health marketplace for integrated EM
Apr 13, 2022 07:00 am ET
WELL Health Makes Strategic Investment in Tali.ai to Develop an AI-Powered Voice Assistant for Practitioners
WELL has entered into a strategic alliance agreement with Tali.ai which allows WELL to commercialize Tali's AI technology across WELL's EMR portfolio. Tali's technology allows doctors to have a 'conversation with their EMR' to support patients with greater efficiency and deliver improved patient outcomes.WELL Health announces a minority investment through its WELL Ventures subsidiary in Tali.ai, a Canadian leader in artificial intelligence (AI) voice solutions for doctors and healthcare providersTali.ai is the latest application to be added to WELL's apps.health marketplace for integrated EM
Apr 05, 2022 07:00 am ET
WELL Health to Participate in Credit Suisse's Hidden Gems Conference
VANCOUVER, BC, April 5, 2022 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce that Hamed Shahbazi, Chairman and CEO, will be participating in Credit Suisse's The Investor Landscape: Hidden Gems Conference.
Apr 05, 2022 07:00 am ET
WELL Health to Participate in Credit Suisse's Hidden Gems Conference
VANCOUVER, BC, April 5, 2022 /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce that Hamed Shahbazi, Chairman and CEO, will be participating in Credit Suisse's The Investor Landscape: Hidden Gems Conference.
Apr 01, 2022 02:22 am ET
/C O R R E C T I O N from Source -- WELL Health Technologies Corp./
We are advised by WELL Health Technologies Corp. that -- The Company notes that in the prior version of this press release, Adjusted EBITDA attributable to WELL shareholders for Q4 2021 and full year 2021, and Adjusted EBITDA attributable to non-controlling interests for Q4 2021 and full year 2021 were inadvertently understated. The correct values, provided in the table at the bottom of the press release, demonstrate better performance than previously stated. There were no other changes to the press release presented below.
Apr 01, 2022 02:22 am ET
/C O R R E C T I O N from Source -- WELL Health Technologies Corp./
We are advised by WELL Health Technologies Corp. that -- The Company notes that in the prior version of this press release, Adjusted EBITDA attributable to WELL shareholders for Q4 2021 and full year 2021, and Adjusted EBITDA attributable to non-controlling interests for Q4 2021 and full year 2021 were inadvertently understated. The correct values, provided in the table at the bottom of the press release, demonstrate better performance than previously stated. There were no other changes to the press release presented below.
Mar 31, 2022 07:00 am ET
WELL Health Achieves Record Results Reflecting 573% YoY Revenue Growth and Positive Net Income in Q4-2021
WELL reported record quarterly revenues of $115.7 million in Q4-2021 representing a 573% year-over-year (YoY) increase compared to Q4-2020. WELL's annual revenue for 2021 was $302.3 million, an increase of 502% compared to the prior year.WELL achieved Adjusted EBITDA(2) of $25.7 million in Q4-2021, an increase of 324% as compared to Adjusted EBITDA(2) of $0.8 million for Q4-2020.WELL reported Adjusted Net Income(3) of $5.3 million in Q4-2021, and positive Net Income of $0.7 million for Q4-2021.WELL delivered 700,359 total omni-channel patient visits in Q4-2021, representing a YoY increase of
Mar 31, 2022 07:00 am ET
WELL Health Achieves Record Results Reflecting 573% YoY Revenue Growth and Positive Net Income in Q4-2021
WELL reported record quarterly revenues of $115.7 million in Q4-2021 representing a 573% year-over-year (YoY) increase compared to Q4-2020. WELL's annual revenue for 2021 was $302.3 million, an increase of 502% compared to the prior year.WELL achieved Adjusted EBITDA(2) of $25.7 million in Q4-2021, an increase of 324% as compared to Adjusted EBITDA(2) of $0.8 million for Q4-2020.WELL reported Adjusted Net Income(3) of $5.3 million in Q4-2021, and positive Net Income of $0.7 million for Q4-2021.WELL delivered 700,359 total omni-channel patient visits in Q4-2021, representing a YoY increase of
Mar 25, 2022 07:00 am ET
WELL Announces Conference Call for Fourth Quarter and Fiscal Year End 2021
VANCOUVER, BC, March 25, 2022  /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (the "Company" or "WELL"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce that WELL will release its Fourth Quarter and Fiscal Year End 2021 Audited Annual Financial Statements, for the period ended December 31, 2021, on Thursday, March 31, 2022.  The Company will also hold a conference call to discuss its results on the same day at 1:00 pm ET (10:00 am PT).  The call will be hosted by Ham
Mar 25, 2022 07:00 am ET
WELL Announces Conference Call for Fourth Quarter and Fiscal Year End 2021
VANCOUVER, BC, March 25, 2022  /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) (the "Company" or "WELL"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce that WELL will release its Fourth Quarter and Fiscal Year End 2021 Audited Annual Financial Statements, for the period ended December 31, 2021, on Thursday, March 31, 2022.  The Company will also hold a conference call to discuss its results on the same day at 1:00 pm ET (10:00 am PT).  The call will be hosted
Mar 15, 2022 07:00 am ET
WELL Health Provides Business Updates on its US Based Businesses Reflecting Continued Organic and Inorganic Growth
WELL's US based businesses continue to experience significant growth delivering their best performance ever with more than 105,000 patient visits in the month of January 2022 delivered by more than 1,100 healthcare practitioners.Circle Medical and Wisp are now exceeding US$70M USD in combined run-rate ARR based on January 2022 results. Both assets are exceeding 100% in combined YoY organic growth.WELL's wholly owned subsidiary, CRH Medical ("CRH"), opened its first Hemorrhoid banding clinic in the Chicago, IL. The clinic is performing ahead of plan and expected to generate positive cash flow
Mar 15, 2022 07:00 am ET
WELL Health Provides Business Updates on its US Based Businesses Reflecting Continued Organic and Inorganic Growth
WELL's US based businesses continue to experience significant growth delivering their best performance ever with more than 105,000 patient visits in the month of January 2022 delivered by more than 1,100 healthcare practitioners.Circle Medical and Wisp are now exceeding US$70M USD in combined run-rate ARR based on January 2022 results. Both assets are exceeding 100% in combined YoY organic growth.WELL's wholly owned subsidiary, CRH Medical ("CRH"), opened its first Hemorrhoid banding clinic in the Chicago, IL. The clinic is performing ahead of plan and expected to generate positive cash flow
Mar 10, 2022 06:00 am ET
WELL Health and its Team Members to Support UNICEF Humanitarian Efforts in Ukraine with $100,000 Donation Goal
WELL has established a combined goal of donating $100,000 between a committed $50,000 corporate donation and a donation matching program between WELL's team members and its CEO. The donations will contribute towards efforts to support the 7.5 million Ukrainian children in immediate danger.WELL is committed to working with Canadian authorities on supporting Ukrainians fleeing the war, with opportunities to work within our Canadian operations.WELL is also providing increased funding to support its more than 2,500 employees, healthcare providers and consultants in Canada who may be impacted by
Mar 10, 2022 06:00 am ET
WELL Health and its Team Members to Support UNICEF Humanitarian Efforts in Ukraine with $100,000 Donation Goal
WELL has established a combined goal of donating $100,000 between a committed $50,000 corporate donation and a donation matching program between WELL's team members and its CEO. The donations will contribute towards efforts to support the 7.5 million Ukrainian children in immediate danger.WELL is committed to working with Canadian authorities on supporting Ukrainians fleeing the war, with opportunities to work within our Canadian operations.WELL is also providing increased funding to support its more than 2,500 employees, healthcare providers and consultants in Canada who may be impacted by
Feb 17, 2022 06:00 am ET
WELL Health Provides Organic Growth Update for Ocean, WELL's Patient Engagement and eReferral Platform
CognisantMD achieved $4.3M in SaaS ARR(1) in January 2022 reflecting 73% YoY organic growth. The company also achieved $5.0M in CARR (Contracted Annual Recurring Revenue) in the same month and delivered approximately 95% gross margins with positive EBITDA profitability. CognisantMD's Ocean Platform currently exceeds 2,000 active clinics, representing an increase of 700 clinics year-over-year. With 10+ integrations underway, including leading Hospital Information Systems (HIS), Ocean continues to deepen its interoperability and actively expand its Health Information Exchange. VANCOUVER, BC,
Feb 17, 2022 06:00 am ET
WELL Health Provides Organic Growth Update for Ocean, WELL's Patient Engagement and eReferral Platform
CognisantMD achieved $4.3M in SaaS ARR(1) in January 2022 reflecting 73% YoY organic growth. The company also achieved $5.0M in CARR (Contracted Annual Recurring Revenue) in the same month and delivered approximately 95% gross margins with positive EBITDA profitability. CognisantMD's Ocean Platform currently exceeds 2,000 active clinics, representing an increase of 700 clinics year-over-year. With 10+ integrations underway, including leading Hospital Information Systems (HIS), Ocean continues to deepen its interoperability and actively expand its Health Information Exchange. VANCOUVER, BC,
Jan 20, 2022 06:00 am ET
WELL Health Provides Business Update Reflecting Strong Growth in Patient Visits and Enhanced Revenue Outlook for Q4-2021
WELL expects to announce strong, record financial performance for Q4-2021 with annualized revenue run-rate exceeding C$450 million, which is better than the previously provided guidance. WELL also expects to achieve annualized operating Adjusted EBITDA run-rate approaching C$100 million in Q4-2021.Total omni-channel patient visits(1) in Q4-2021 increased by 121% to 692,913 compared to Q4-2020, and reflected a 19% increase as compared to Q3-2021.CRH Medical ("CRH"), had a solid Q4-2021 and continues to execute to plan. The company is on track to deliver approximately US$43 million in free cas
Jan 20, 2022 06:00 am ET
WELL Health Provides Business Update Reflecting Strong Growth in Patient Visits and Enhanced Revenue Outlook for Q4-2021
WELL expects to announce strong, record financial performance for Q4-2021 with annualized revenue run-rate exceeding C$450 million, which is better than the previously provided guidance. WELL also expects to achieve annualized operating Adjusted EBITDA run-rate approaching C$100 million in Q4-2021.Total omni-channel patient visits(1) in Q4-2021 increased by 121% to 692,913 compared to Q4-2020, and reflected a 19% increase as compared to Q3-2021.CRH Medical ("CRH"), had a solid Q4-2021 and continues to execute to plan. The company is on track to deliver approximately US$43 million in free cas
Jan 14, 2022 06:00 am ET
WELL Health to Participate in Upcoming Investor Conferences
Echelon Wealth Partners Diversified Health Tech Conference 25th Annual CIBC Western Institutional Conference VANCOUVER, BC, Jan. 14, 2022 /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce Hamed Shahbazi, Chairman and CEO, will be presenting at the following upcoming virtual conferences:
Jan 14, 2022 06:00 am ET
WELL Health to Participate in Upcoming Investor Conferences
Echelon Wealth Partners Diversified Health Tech Conference 25th Annual CIBC Western Institutional Conference VANCOUVER, BC, Jan. 14, 2022 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce Hamed Shahbazi, Chairman and CEO, will be presenting at the following upcoming virtual conferences:
Dec 09, 2021 06:00 am ET
WELL Health Provides Update on Organic Growth of its US-Based Virtual Services Businesses
WELL Health's US-based Virtual Services businesses, which includes Circle Medical and WISP, experienced sequential organic growth in revenues of 38% for the trailing three months ending November 2021 and now exceeds an annualized revenue run rate of US$64 million. Circle Medical exceeded US$28 million in annualized revenue run rate in the month of November, which reflects greater than 195% in organic growth from the previous year and 70% sequential growth for the trailing three-month period ending November 2021. WISP exceeded US$36 million in annualized revenue run rate in the month of Novem
Dec 09, 2021 06:00 am ET
WELL Health Provides Update on Organic Growth of its US-Based Virtual Services Businesses
WELL Health's US-based Virtual Services businesses, which includes Circle Medical and WISP, experienced sequential organic growth in revenues of 38% for the trailing three months ending November 2021 and now exceeds an annualized revenue run rate of US$64 million. Circle Medical exceeded US$28 million in annualized revenue run rate in the month of November, which reflects greater than 195% in organic growth from the previous year and 70% sequential growth for the trailing three-month period ending November 2021. WISP exceeded US$36 million in annualized revenue run rate in the month of Novem
Dec 02, 2021 09:10 am ET
WELL Health Provides Update on the Organic Growth of its Virtual Services Business, and announces Tuck-in Acquisition of CognisantMD's Ocean Platform, Canada's Leader in Patient Engagement Technology
As of Q3 2021 and inclusive of recently completed acquisitions1, WELL's Virtual Services line of business2 had a run-rate revenue approaching $110M with over 50% Adjusted gross margins 3 and positive Adjusted EBITDA3. Organic Growth for Virtual Services was greater than 50%4 in Q3 2021. On December 1, WELL completed a 100% tuck-in acquisition of CognisantMD whose Ocean platform is the category leader in digital patient engagement technology and eReferral software in Canada. As an existing Apps.Health partner, Ocean adds best-in-class digital tools for patient engagement such as online bookin
Dec 02, 2021 09:10 am ET
WELL Health Provides Update on the Organic Growth of its Virtual Services Business, and announces Tuck-in Acquisition of CognisantMD's Ocean Platform, Canada's Leader in Patient Engagement Technology
As of Q3 2021 and inclusive of recently completed acquisitions1, WELL's Virtual Services line of business2 had a run-rate revenue approaching $110M with over 50% Adjusted gross margins 3 and positive Adjusted EBITDA3. Organic Growth for Virtual Services was greater than 50%4 in Q3 2021. On December 1, WELL completed a 100% tuck-in acquisition of CognisantMD whose Ocean platform is the category leader in digital patient engagement technology and eReferral software in Canada. As an existing Apps.Health partner, Ocean adds best-in-class digital tools for patient engagement such as online bookin
Nov 25, 2021 08:26 am ET
WELL Health Completes Oversubscribed $70 Million Bought Deal Offering of Convertible Debentures
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND MAY NOT BE DISTRIBUTED IN THE UNITED STATES OR DISSEMINATED ON UNITED STATES NEWSWIRE SERVICES./
Nov 15, 2021 05:08 pm ET
WELL Health Announces $65 Million Bought Deal Offering of Convertible Debentures
WELL Health Technologies Corp. (TSX: WELL) (“WELL” or the “Company”) is pleased to announce that it has entered into an agreement pursuant to which Eight Capital and Scotiabank as joint bookrunners, together with a syndicate of underwriters...
Nov 10, 2021 05:30 am ET
WELL Health Achieves Record Financial Results with Over $99M Quarterly Revenue and Over $22M Adjusted EBITDA in Q3-2021
WELL reported record quarterly revenues of $99.3 million in Q3-2021 reflecting a 711% year-over-year (YoY) increase compared to Q3-2020.  WELL's growth was primarily driven by the acquisitions of CRH Medical Corporation ("CRH") and MyHealth Partners Inc. ("MyHealth"), along with a 597% YoY increase in the Company's Virtual Services revenue(3) in the quarter.   WELL achieved Adjusted EBITDA(2) of $22.3 million in Q3-2021, compared to Adjusted EBITDA(2) loss of $0.2 million for Q3-2020. WELL expects to end the calendar year with proforma annualized revenue run-rate approaching $450 million and
Nov 10, 2021 05:30 am ET
WELL Health Achieves Record Financial Results with Over $99M Quarterly Revenue and Over $22M Adjusted EBITDA in Q3-2021
WELL reported record quarterly revenues of $99.3 million in Q3-2021 reflecting a 711% year-over-year (YoY) increase compared to Q3-2020.  WELL's growth was primarily driven by the acquisitions of CRH Medical Corporation ("CRH") and MyHealth Partners Inc. ("MyHealth"), along with a 597% YoY increase in the Company's Virtual Services revenue(3) in the quarter.   WELL achieved Adjusted EBITDA(2) of $22.3 million in Q3-2021, compared to Adjusted EBITDA(2) loss of $0.2 million for Q3-2020. WELL expects to end the calendar year with proforma annualized revenue run-rate approaching $450 million and
Nov 09, 2021 08:52 am ET
WELL Health to Participate in Upcoming Investor Conferences
VANCOUVER, BC, Nov. 9, 2021 /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce that Hamed Shahbazi, Chairman and CEO, will be participating in the following upcoming conferences: 
Nov 09, 2021 08:52 am ET
WELL Health to Participate in Upcoming Investor Conferences
VANCOUVER, BC, Nov. 9, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce that Hamed Shahbazi, Chairman and CEO, will be participating in the following upcoming conferences: 
Nov 04, 2021 10:47 am ET
WELL Health Announces Conference Call for Third Quarter 2021 Financial Results
VANCOUVER, BC, Nov. 4, 2021  /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, will release its Third Quarter 2021 financial results for the period ended September 30, 2021 before market open on Wednesday, November 10,  2021.  The Company will also hold a conference call and simultaneous webcast to discuss its results on the same day at 1:00 pm EST (10:00 am PST).  The call will be hosted by Hamed Shahbazi, Chai
Nov 04, 2021 10:47 am ET
WELL Health Announces Conference Call for Third Quarter 2021 Financial Results
VANCOUVER, BC, Nov. 4, 2021  /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, will release its Third Quarter 2021 financial results for the period ended September 30, 2021 before market open on Wednesday, November 10,  2021.  The Company will also hold a conference call and simultaneous webcast to discuss its results on the same day at 1:00 pm EST (10:00 am PST).  The call will be hosted by Hamed Shahbazi, Chairman an
Oct 28, 2021 07:00 am ET
WELL Health Forms Two Lines of Business for All Operations and Provides Key Progress Updates on CRH Medical and MyHealth
WELL has organized all its business operations in two key lines of business, Omni-Channel Patient Services and Virtual Services1 Omni-Channel Patient Services includes all patient services businesses that have exposure to in-person operations in addition to virtual care and/or other business models. Virtual Services are comprised of businesses that are almost entirely digital in nature inclusive of SaaS and services, revenues from the company's practitioner enablement platform or patient services businesses and have little to no exposure to in-person care. WELL acquired both CRH Medical or "
Oct 28, 2021 07:00 am ET
WELL Health Forms Two Lines of Business for All Operations and Provides Key Progress Updates on CRH Medical and MyHealth
WELL has organized all its business operations in two key lines of business, Omni-Channel Patient Services and Virtual Services1 Omni-Channel Patient Services includes all patient services businesses that have exposure to in-person operations in addition to virtual care and/or other business models. Virtual Services are comprised of businesses that are almost entirely digital in nature inclusive of SaaS and services, revenues from the company's practitioner enablement platform or patient services businesses and have little to no exposure to in-person care. WELL acquired both CRH Medical or "
Oct 21, 2021 07:00 am ET
WELL Health Reports 72% Increase in Mental Health Visits in Q3-2021 and Continues Investments to Meet Unprecedented Demand for Mental Health Services.
WELL Health unveiled new data reflecting 72% organic increase in mental health visits in its primary care business in Canada in Fiscal Q3-2021 as compared to pre-pandemic periods. WELL's data also demonstrated a strong bias for virtual care with 68% of mental health visits occurring via virtual care as compared to 44.5% for all visits. WELL's growing portfolio of virtual tools and technology enabled practitioners are working hard to meet the growing need as public health officials forecast that by the year 2030, mental health conditions will be the leading burden of disease globally. WELL re
Oct 21, 2021 07:00 am ET
WELL Health Reports 72% Increase in Mental Health Visits in Q3-2021 and Continues Investments to Meet Unprecedented Demand for Mental Health Services.
WELL Health unveiled new data reflecting 72% organic increase in mental health visits in its primary care business in Canada in Fiscal Q3-2021 as compared to pre-pandemic periods. WELL's data also demonstrated a strong bias for virtual care with 68% of mental health visits occurring via virtual care as compared to 44.5% for all visits. WELL's growing portfolio of virtual tools and technology enabled practitioners are working hard to meet the growing need as public health officials forecast that by the year 2030, mental health conditions will be the leading burden of disease globally. WELL re
Oct 18, 2021 08:30 am ET
Levitee Labs Announces Agreement with Adracare, a WELL Health Company, to Support Individuals with Addiction and Mental Health Conditions
Levitee Labs Inc. (the "Company" or "Levitee Labs”) (CSE: LVT) (OTC: LVTTF) (FSE: 7H7) an integrative wellness company with a diversified portfolio of healthcare and wellness assets, is pleased to announce a partnership with Adracare Inc....
Oct 15, 2021 07:00 am ET
WELL Announces ESG Program as an Integral Part of its Growth Strategy; Demonstrating a Commitment to People, Diversity, Inclusion, Equity and Data Privacy & Security
WELL embarks on an ongoing ESG strategy and reporting initiative, engages KPMG LLP, and establishes an ESG committee. WELL will take targeted actions to continue to support diversity, equity and inclusion within the workplace environment. WELL enforces commitment to elevating the privacy and security posture around patient data through its risk management processes. WELL will continue to contribute to reducing environmental impacts  by leveraging its own virtual and digital solutions across the health continuum of care. VANCOUVER, BC, Oct. 15, 2021 /PRNewswire/ - WELL Health Technologies C
Oct 15, 2021 07:00 am ET
WELL Announces ESG Program as an Integral Part of its Growth Strategy; Demonstrating a Commitment to People, Diversity, Inclusion, Equity and Data Privacy & Security
WELL embarks on an ongoing ESG strategy and reporting initiative, engages KPMG LLP, and establishes an ESG committee. WELL will take targeted actions to continue to support diversity, equity and inclusion within the workplace environment. WELL enforces commitment to elevating the privacy and security posture around patient data through its risk management processes. WELL will continue to contribute to reducing environmental impacts  by leveraging its own virtual and digital solutions across the health continuum of care. VANCOUVER, BC, Oct. 15, 2021 /CNW/ - WELL Health Technologies Corp. (T
Oct 07, 2021 07:00 am ET
WELL's CRH Medical Completes Majority Stake Acquisitions of Two Anesthesia Practices in the State of Florida
CRH Medical Corporation ("CRH"), a wholly owned subsidiary of WELL Health, through its existing subsidiary CRH Anesthesia of Florida, LLC, has completed two majority stake acquisitions for 70% of Destin Anesthesia, LLC ("Destin") and 51% of Pinellas County Anesthesia Associates, LLC ("PCAA"). Destin's current estimated annualized revenue run rate is approximately US$3.0M with EBITDA margins(1) of nearly 40%, while PCAA's current estimated annualized revenue run rate is approximately US$8.0 million with EBITDA margins(1) of approximately 50%. These two accretive acquisitions mark CRH's 9th an
Oct 07, 2021 07:00 am ET
WELL's CRH Medical Completes Majority Stake Acquisitions of Two Anesthesia Practices in the State of Florida
CRH Medical Corporation ("CRH"), a wholly owned subsidiary of WELL Health, through its existing subsidiary CRH Anesthesia of Florida, LLC, has completed two majority stake acquisitions for 70% of Destin Anesthesia, LLC ("Destin") and 51% of Pinellas County Anesthesia Associates, LLC ("PCAA"). Destin's current estimated annualized revenue run rate is approximately US$3.0M with EBITDA margins(1) of nearly 40%, while PCAA's current estimated annualized revenue run rate is approximately US$8.0 million with EBITDA margins(1) of approximately 50%. These two accretive acquisitions mark CRH's 9th an
Oct 01, 2021 07:00 am ET
WELL Health Completes Majority Stake Acquisition of WISP, a Rapidly Growing Digital Health Leader Specializing in Women's Health
Silicon Valley based WISP, Inc. ("WISP") is a leading national provider of telehealth and e-pharmacy solutions specializing in Women's Health, delivering solutions for female reproductive and sexual health ailments to patients across all 50 states in the US. WELL's US$41.3 million control investment in WISP was fully funded via a combination of US$27.7 million in cash from treasury, US$6.2 million in WELL common shares (issued at a price of $9.80/common share) and includes a multi-year performance earn-out up to a maximum of US$7.4 million. WISP's current annual revenue run-rate is approxima
Oct 01, 2021 07:00 am ET
WELL Health Completes Majority Stake Acquisition of WISP, a Rapidly Growing Digital Health Leader Specializing in Women's Health
Silicon Valley based WISP, Inc. ("WISP") is a leading national provider of telehealth and e-pharmacy solutions specializing in Women's Health, delivering solutions for female reproductive and sexual health ailments to patients across all 50 states in the US. WELL's US$41.3 million control investment in WISP was fully funded via a combination of US$27.7 million in cash from treasury, US$6.2 million in WELL common shares (issued at a price of $9.80/common share) and includes a multi-year performance earn-out up to a maximum of US$7.4 million. WISP's current annual revenue run-rate is approxima
Sep 30, 2021 07:00 am ET
WELL's Circle Medical Launches In New York State, Grows Revenue 346% YoY To Over US$20M Per Year and Plans To Be In 46 States By The End Of The Year
Circle Medical, a Silicon Valley based company that is majority owned by WELL, announces that it has launched in NY state with growth plans to have a presence in 46 states by the end of 2021. Circle Medical's current revenue run rate now exceeds US$20M reflecting 346% growth for the last month on a YoY basis and 275% growth for the last quarter on a YoY basis. Circle Medical is one of the first truly digital first Primary Care Practices in the US with 28,696 active patients, reflecting 191% YoY growth. Circle Medical now has 141 active care providers on the platform representing more than 64
Sep 30, 2021 07:00 am ET
WELL's Circle Medical Launches In New York State, Grows Revenue 346% YoY To Over US$20M Per Year and Plans To Be In 46 States By The End Of The Year
Circle Medical, a Silicon Valley based company that is majority owned by WELL, announces that it has launched in NY state with growth plans to have a presence in 46 states by the end of 2021. Circle Medical's current revenue run rate now exceeds US$20M reflecting 346% growth for the last month on a YoY basis and 275% growth for the last quarter on a YoY basis. Circle Medical is one of the first truly digital first Primary Care Practices in the US with 28,696 active patients, reflecting 191% YoY growth. Circle Medical now has 141 active care providers on the platform representing more than 64
Sep 23, 2021 09:04 am ET
Growth Momentum Leaders: CEO’s of Lightspeed Commerce, ESE Entertainment, WELL Health, and AI/ML Scaling Revenue Growth with Innovation, New Markets and M&A
Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: Lightspeed Commerce (NYSE: LSPD) (TSX: LSPD), ESE Entertainment (TSX.V: ESE) (OTC: ENTEF), WELL Health...
Sep 23, 2021 07:00 am ET
WELL Health to Acquire Aware MD, Canada's Largest Cardiology Specific Outpatient EMR to Better Support Cardiologists Across Canada
Aware MD Inc. ("Aware MD") is the owner of Cerebrum™ an enterprise class EMR provider with a focus on Cardiology in addition to other disease specialties including radiology, endocrinology, and rheumatology. Aware MD, Canada's largest cardiology specific outpatient EMR(2) supports approximately 400 healthcare specialists including over 300 cardiologists providing care for over 2 million patients in Ontario.  WELL plans to expand Cerebrum to practitioners throughout Canada. Over the past twelve months Aware MD generated approximately $2 million in revenues, with strong double-digit growth rat
Sep 08, 2021 07:30 am ET
HealthTech Leaders: Reliq, Teladoc, WELL Health and AI/ML Innovations; CEO’s Driving Revenue Growth Momentum & Digital Health Innovation
Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: Reliq Health Technologies (OTC: RQHTF) (TSX.V: RHT), Teladoc Health (NYSE: TDOC), AI/ML Innovations...
Sep 07, 2021 07:00 am ET
WELL Health Technologies Announces Inclusion in the S&P/TSX Composite Index
VANCOUVER, BC, Sept. 7, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (the "Company" or "WELL"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, announced today that its common shares will be added by Dow Jones Canadian Index Services to the S&P/TSX Composite Index effective Monday, September 20, 2021, prior to the open of trading on the Toronto Stock Exchange (the "TSX").
Sep 07, 2021 07:00 am ET
WELL Health Technologies Announces Inclusion in the S&P/TSX Composite Index
VANCOUVER, BC, Sept. 7, 2021 /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) (the "Company" or "WELL"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, announced today that its common shares will be added by Dow Jones Canadian Index Services to the S&P/TSX Composite Index effective Monday, September 20, 2021, prior to the open of trading on the Toronto Stock Exchange (the "TSX").
Sep 03, 2021 05:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index
TORONTO, Sept. 3, 2021 /CNW/ - As a result of the quarterly review, S&P Dow Jones Indices will make the following changes to the S&P/TSX Composite Index prior to the open of trading on Monday, September 20, 2021:
Sep 02, 2021 01:03 pm ET
WELL Health Continues US Expansion with Proposed Acquisition of Majority Stake in WISP, a Rapidly Growing National Telehealth Leader Specializing in Women's Health
Silicon Valley based WISP is a leading national provider of telehealth and e-pharmacy solutions specializing in Women's Health, delivering solutions for female reproductive and sexual health ailments to patients across all 50 states in the US.  WISP has served more than 200,000 patients to date. WISP's current annual revenue run-rate is approximately US$30 million(1) and represents greater than 100% YoY organic growth.  WISP has gross margins exceeding 65% and achieved positive EBITDA over the last few quarters. WELL's US$41 million control investment in WISP is fully funded via a combinatio
Sep 02, 2021 01:03 pm ET
WELL Health Continues US Expansion with Proposed Acquisition of Majority Stake in WISP, a Rapidly Growing National Telehealth Leader Specializing in Women's Health
Silicon Valley based WISP is a leading national provider of telehealth and e-pharmacy solutions specializing in Women's Health, delivering solutions for female reproductive and sexual health ailments to patients across all 50 states in the US.  WISP has served more than 200,000 patients to date. WISP's current annual revenue run-rate is approximately US$30 million(1) and represents greater than 100% YoY organic growth.  WISP has gross margins exceeding 65% and achieved positive EBITDA over the last few quarters. WELL's US$41 million control investment in WISP is fully funded via a combinatio
Aug 25, 2021 09:13 am ET
Teladoc, Reliq Health, CVS Health, and WELL Health CEO’s Driving Revenue Growth Through Innovation and New Markets
Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: CVS Health Corp. (NYSE: CVS), Reliq Health Technologies (OTC: RQHTF) (TSX.V: RHT), Teladoc Health (NYSE:...
Aug 12, 2021 06:30 am ET
WELL Health Achieves Record Revenue and Adjusted EBITDA in Q2-2021; with 484% YoY Revenue Growth; and 615% Growth in its Adjusted Gross Profit
WELL reported record quarterly revenues of $61.8 million in Q2-2021 reflecting a 484% year-over-year (YoY) increase compared to Q2-2020.  WELL's growth was mainly driven by the acquisition of CRH Medical Corporation ("CRH") combined with a 432% YoY increase in the Company's Virtual Services revenue(3) in the quarter.   WELL achieved its third quarter in a row of positive Adjusted EBITDA(2), with Adjusted EBITDA(2) of $11.9 million for Q2-2021, compared to Adjusted EBITDA(2) loss of $0.5 million for Q2-2020.  WELL's Adjusted Gross Profit(1) increased by 615% to $30.2 million in Q2-2021, as co
Aug 12, 2021 06:30 am ET
WELL Health Achieves Record Revenue and Adjusted EBITDA in Q2-2021; with 484% YoY Revenue Growth; and 615% Growth in its Adjusted Gross Profit
WELL reported record quarterly revenues of $61.8 million in Q2-2021 reflecting a 484% year-over-year (YoY) increase compared to Q2-2020.  WELL's growth was mainly driven by the acquisition of CRH Medical Corporation ("CRH") combined with a 432% YoY increase in the Company's Virtual Services revenue(3) in the quarter.   WELL achieved its third quarter in a row of positive Adjusted EBITDA(2), with Adjusted EBITDA(2) of $11.9 million for Q2-2021, compared to Adjusted EBITDA(2) loss of $0.5 million for Q2-2020.  WELL's Adjusted Gross Profit(1) increased by 615% to $30.2 million in Q2-2021, as co
Aug 10, 2021 07:00 am ET
WELL Health Announces Conference Call for Second Quarter 2021 Financial Results
VANCOUVER, BC, Aug. 10, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, will release its Second Quarter 2021 financial results for the period ended June 30, 2021 before market open on Thursday, August 12,  2021.  The Company will also hold a conference call to discuss its results on the same day at 1:00 pm EST (10:00 am PST).  The call will be hosted by: Hamed Shahbazi, Chairman and Chief Executive Officer and Eva Fong, Chief Financial Officer.  Plea
Aug 10, 2021 07:00 am ET
WELL Health Announces Conference Call for Second Quarter 2021 Financial Results
VANCOUVER, BC, Aug. 10, 2021 /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, will release its Second Quarter 2021 financial results for the period ended June 30, 2021 before market open on Thursday, August 12,  2021.  The Company will also hold a conference call to discuss its results on the same day at 1:00 pm EST (10:00 am PST).  The call will be hosted by: Hamed Shahbazi, Chairman and Chief Executive Officer and Eva Fong, Chief Financial Officer
Aug 06, 2021 07:00 am ET
WELL Health to Present at Canaccord Genuity's 41st Annual Growth Conference
VANCOUVER, BC, Aug. 6, 2021 /CNW/ - WELL Health Technologies Corp. (the "Company" or "WELL") (TSXV: WELL), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, is pleased to announce that it is participating in the 41st Annual Canaccord Genuity Growth Conference.
Aug 06, 2021 07:00 am ET
WELL Health to Present at Canaccord Genuity's 41st Annual Growth Conference
VANCOUVER, BC, Aug. 6, 2021 /PRNewswire/ - WELL Health Technologies Corp. (the "Company" or "WELL") (TSXV: WELL), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, is pleased to announce that it is participating in the 41st Annual Canaccord Genuity Growth Conference.
Aug 03, 2021 07:00 am ET
WELL's CRH Medical Acquires Majority Stake in Greater Washington Anesthesia
CRH Medical Corporation ("CRH"), a wholly owned subsidiary of WELL, completes majority stake acquisition for 51% of Greater Washington Anesthesia Associates, LLC.  ("GWAA") GWAA's current estimated annualized revenue run rate is approximately US$3.3 million and has operating EBITDA margins of approximately 50%.  This accretive acquisition marks CRH's 37th transaction and increases CRH's footprint to a total of 77 endoscopy sites across the United States.  VANCOUVER, BC, Aug. 3, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidat
Aug 03, 2021 07:00 am ET
WELL's CRH Medical Acquires Majority Stake in Greater Washington Anesthesia
CRH Medical Corporation ("CRH"), a wholly owned subsidiary of WELL, completes majority stake acquisition for 51% of Greater Washington Anesthesia Associates, LLC.  ("GWAA") GWAA's current estimated annualized revenue run rate is approximately US$3.3 million and has operating EBITDA margins of approximately 50%.  This accretive acquisition marks CRH's 37th transaction and increases CRH's footprint to a total of 77 endoscopy sites across the United States.  VANCOUVER, BC, Aug. 3, 2021 /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on con
Jul 21, 2021 06:00 am ET
WELL Health Launches "WELL Ventures" and Announces Investment in Bright
WELL has formed WELL Health Ventures Inc. or "WELL Ventures" to formalize its commitment to invest in and advance the digitization and modernization of healthcare in Canada and around the globe. WELL has an established track record of making successful venture-style investments in early-stage digital health companies such as Circle Medical and INSIG, each of whom are now an integral part of WELL's future growth. In addition, it has previously made strategic investments in emerging digital health companies such as Phelix.ai, Pillway and Twig Fertility. WELL has assembled a unique and diverse
Jul 21, 2021 06:00 am ET
WELL Health Launches "WELL Ventures" and Announces Investment in Bright
WELL has formed WELL Health Ventures Inc. or "WELL Ventures" to formalize its commitment to invest in and advance the digitization and modernization of healthcare in Canada and around the globe. WELL has an established track record of making successful venture-style investments in early-stage digital health companies such as Circle Medical and INSIG, each of whom are now an integral part of WELL's future growth. In addition, it has previously made strategic investments in emerging digital health companies such as Phelix.ai, Pillway and Twig Fertility. WELL has assembled a unique and diverse
Jul 15, 2021 09:26 am ET
WELL Health Completes Acquisition of MyHealth; Becoming Canada's Largest Outpatient Medical Clinic Owner-Operator and Leading Multi-Disciplinary Telehealth Service Provider
MyHealth Partners Inc. ("MyHealth") is a leading primary care, specialty care, telehealth services and accredited diagnostic health services provider that owns and operates 48 locations across Ontario. After this foundational acquisition, WELL is now the largest owner-operator of outpatient medical clinics in Canada with 74 combined clinics. Approximately 75% of MyHealth's medical consultations are currently conducted via telehealth, which when combined with WELL's multiple telehealth businesses now make WELL the leading multi-disciplinary telehealth service provider in Canada. WELL's combin
Jul 15, 2021 09:26 am ET
WELL Health Completes Acquisition of MyHealth; Becoming Canada's Largest Outpatient Medical Clinic Owner-Operator and Leading Multi-Disciplinary Telehealth Service Provider
MyHealth Partners Inc. ("MyHealth") is a leading primary care, specialty care, telehealth services and accredited diagnostic health services provider that owns and operates 48 locations across Ontario. After this foundational acquisition, WELL is now the largest owner-operator of outpatient medical clinics in Canada with 74 combined clinics. Approximately 75% of MyHealth's medical consultations are currently conducted via telehealth, which when combined with WELL's multiple telehealth businesses now make WELL the leading multi-disciplinary telehealth service provider in Canada. WELL's combin
Jun 29, 2021 09:36 am ET
Digital Transformation of Healthcare: Leaders of CloudMD, AI/ML, Reliq, and WELL Health Technologies Driving Explosive Revenue Growth with Innovation and M&A
Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: WELL Health Technologies (TSX: WELL) (OTC: WLYYF), AI/ML Innovations (OTC: AIMLF) (CSE: AIML), Reliq...
Jun 29, 2021 07:00 am ET
WELL Health Announces Appointment of Senior Vice President of Capital Markets
Jamil Nathoo, executive with over 16 years of experience in financial sector, to head up WELL's US capital markets expansion.
Jun 29, 2021 07:00 am ET
WELL Health Announces Appointment of Senior Vice President of Capital Markets
Jamil Nathoo, executive with over 16 years of experience in financial sector, to head up WELL's US capital markets expansion.
Jun 10, 2021 07:00 am ET
WELL Health Announces Appointment of New Chief People Officer
Shane Sabatino, human resource executive with 25 years of experience, to head up WELL's people and culture objectives to support the Company's rapid growth.
Jun 10, 2021 07:00 am ET
WELL Health Announces Appointment of New Chief People Officer
Shane Sabatino, human resource executive with 25 years of experience, to head up WELL's people and culture objectives to support the Company's rapid growth.
Jun 08, 2021 08:00 am ET
WELL Health Arranges C$200 Million Senior Secured Credit Facilities with The Royal Bank of Canada and a Syndicate of Lenders for its Proposed Acquisition of MyHealth
In conjunction with WELL's proposed acquisition of MyHealth Partners Inc. ("MyHealth"), the Royal Bank of Canada ("RBC") along with a syndicate of lenders have provided a commitment for C$140 million senior secured credit facilities and an additional C$60 million uncommitted accordion feature. This debt financing will be used to fund WELL's proposed acquisition of MyHealth in addition to future acquisitions. The debt is secured exclusively by the assets of MyHealth. VANCOUVER, BC, June 8, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused o
Jun 08, 2021 08:00 am ET
WELL Health Arranges C$200 Million Senior Secured Credit Facilities with The Royal Bank of Canada and a Syndicate of Lenders for its Proposed Acquisition of MyHealth
In conjunction with WELL's proposed acquisition of MyHealth Partners Inc. ("MyHealth"), the Royal Bank of Canada ("RBC") along with a syndicate of lenders have provided a commitment for C$140 million senior secured credit facilities and an additional C$60 million uncommitted accordion feature. This debt financing will be used to fund WELL's proposed acquisition of MyHealth in addition to future acquisitions. The debt is secured exclusively by the assets of MyHealth. VANCOUVER, BC, June 8, 2021 /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company fo
Jun 07, 2021 06:00 am ET
WELL Health to Acquire MyHealth and Become Largest Outpatient Medical Clinic Owner-Operator and Leading Multi-disciplinary Telehealth Service Provider in Canada
MyHealth Partners Inc. ("MyHealth") is a leading specialty care, telehealth services and accredited diagnostic health services provider that owns and operates 48 locations across Ontario. MyHealth is a Canadian healthcare powerhouse that has grown at a 40% revenue and EBITDA(1) CAGR over the past five years, including a 15% organic growth rate over that period and has completed 25 acquisitions in the past eight years.  This foundational acquisition positions WELL as the largest owner-operator of outpatient medical clinics in Canada with 74 combined clinics. Approximately 75% of MyHealth's me
Jun 04, 2021 07:00 am ET
WELL Health to Present at Upcoming 2021 LD Micro Invitational XI
VANCOUVER, BC, June 4, 2021 /CNW/ - WELL Health Technologies Corp. (the "Company" or "WELL") (TSX: WELL), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, is pleased to announce that Hamed Shahbazi, WELL's Chairman and CEO, will be participating in the following upcoming virtual conference:
Jun 02, 2021 07:00 am ET
WELL's DoctorCare Completes Majority Stake Acquisition of Doctors Services Group
Doctors Services Group Limited ("DSG") is a leader in the provision of uninsured services billing programs and a suite of additional tools and services to physicians that transform practice productivity and enhance patient care. DSG is expected to be an immediately accretive acquisition, generating over $450K of normalized EBITDA(1) per year. DSG complements and expands WELL's billing and back-office business unit initially formed in November 2020 with the acquisition of DoctorCare. VANCOUVER, BC and TORONTO, June 2, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Co
May 27, 2021 07:00 am ET
WELL's CRH Medical Acquires Majority Stake in Two Anesthesia Practices
CRH Medical Corporation ("CRH"), a wholly owned subsidiary of WELL Health, completes acquisitions of 51-per-cent stakes in both Northern Indiana Anesthesia Associates, LLC ("NIAA") in Indiana, and an add-on practice for FDHS Anesthesia, LLC ("FDHS") in Florida. NIAA's current estimated annualized revenue run rate is approximately US$2.1 million, while FDHS's current estimated annualized revenue run rate is approximately US$1.2 million. Both companies' combined revenue run rate of approximately US$3.3M has operating EBITDA margins of approximately 45%. These two accretive acquisitions mark CR
May 19, 2021 10:00 am ET
Infoway and Intrahealth Announce Rollout of PrescribeIT® in New Brunswick
TORONTO, May 19, 2021 /CNW/ - Canada Health Infoway (Infoway) and Intrahealth Canada Limited (Intrahealth) are pleased to announce that prescribers in New Brunswick will now have access to e-prescribing through Intrahealth's electronic medical record solution, Profile EMR.
May 11, 2021 07:00 am ET
WELL Health Achieves Record Revenue in Q1-2021 with 150% YoY Growth; led by Software and Services Revenue Increasing 345% YoY
WELL reported record quarterly revenues of C$25.6 million in Q1-2021 reflecting a 150% year-over-year increase.  WELL's growth was led by its Software and Services revenues which increased by 345% in Q1-2021 compared to the prior year.   WELL achieved its second quarter in a row of positive Adjusted EBITDA(2) as a result of strong contribution from its Canadian operations which achieved Adjusted EBITDA(2) of C$1.1 million. During the first quarter WELL announced the acquisition of CRH Medical or "CRH" which subsequently closed in the second quarter.  The acquisition which had a transaction v
May 10, 2021 07:00 am ET
WELL's CRH Medical Announces Acquisition of New England Anesthesia Associates
CRH Medical or "CRH", a wholly owned subsidiary of WELL Health, completes the acquisition of an 85% stake in New England Anesthesia Associates LLC ("NEAA"). NEAA's current estimated annualized revenue run-rate is approximately US$3.6 million with operating EBITDA(1) margins equal to approximately 40% which is generally consistent with other similar acquisitions made by CRH. This highly accretive acquisition marks CRH's fourth acquisition transaction so far in 2021 and represents the company's entry into Connecticut which increases its footprint to 16 states across the United States. Acquisit
May 10, 2021 06:45 am ET
WELL Health Announces Approval of Normal Course Issuer Bid
VANCOUVER, BC, May 10, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (the "Company" or "WELL"), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, today announced that the Notice of an Intention to Make a Normal Course Issuer Bid ("NCIB") it has filed with the Toronto Stock Exchange ("TSX") has been approved by the TSX.
May 07, 2021 09:00 am ET
WELL Health to Participate in Upcoming CIBC Virtual Technology & Innovation Conference 9.0
VANCOUVER, BC, May 7, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, today announced that Hamed Shahbazi, Chairman and CEO, will be participating in the upcoming CIBC Virtual Technology & Innovation Conference 9.0.
May 07, 2021 06:30 am ET
WELL Health Announces Conference Call for First Quarter 2021 Financial Results
VANCOUVER, BC, May 7, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, will release its First Quarter 2021 financial results for the period ended March 31, 2021 before market open on Tuesday, May 11, 2021.  The Company will also hold a conference call to discuss its results on the same day at 1:00 pm EST (10:00 am PST).  The call will be hosted by: Hamed Shahbazi, Chairman and Chief Executive Officer; Eva Fong, Chief Financial Officer; and Pardeep S.
May 05, 2021 07:00 am ET
WELL Health Offers Health Records on iPhone to Empower Patient Engagement, Becoming First Canadian EMR and Telehealth Platform to Offer Service in Canada
WELL Health today offers Health Records on iPhone, empowering patients to safely view and store their available medical records in the Health app on their iPhone with their privacy protected. The Health Records feature creates a direct, encrypted connection between a patient's iPhone and one or more healthcare organizations, allowing users to access a centralized view of their allergies, conditions, immunizations, lab results, medications, procedures, and vitals across multiple providers and to be notified when their data is updated. WELL's telehealth platform Tia Health will be the first te
May 03, 2021 07:00 am ET
WELL's Clinical Business Unit Expands Corporate and Executive Health Services with Completion of ExecHealth Acquisition
ExecHealth, a provider of primary care and executive health services in the Ottawa region, is WELL's first acquisition of clinical assets in the Province of Ontario. For the 12 months ended February 28, 2021, ExecHealth had unaudited revenues of approximately $3M, of which greater than two-thirds is considered recurring membership revenue with EBITDA(1) Margins exceeding 50%. ExecHealth is expected to be a highly accretive acquisition and has organically grown both its revenues and EBITDA at growth rates of over 20% over the past three years. ExecHealth represents WELL Health Clinic Network'
Apr 30, 2021 07:00 am ET
WELL's DoctorCare Expands Billing & Backoffice Services with Proposed Majority Stake Acquisition of Doctors Services Group
Doctors Services Group Limited ("DSG") is a leader in the provision of uninsured services billing programs and a suite of additional tools and services to physicians that transform practice productivity and enhance patient care. DSG is expected to be an immediately accretive acquisition, generating over $450K per year of normalized EBITDA(1) post-closing. DSG complements and expands WELL's billing and back-office business unit formed upon the acquisition of DoctorCare in November 2020. VANCOUVER, April 30, 2021 /CNW/ -  WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"),
Apr 28, 2021 07:00 am ET
WELL Health Announces Normal Course Issuer Bid
VANCOUVER, BC, April 28, 2021 /CNW/ - WELL Health Technologies Corp. (TSXV: WELL) (the "Company" or "WELL"), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, today announced that it has filed its Notice of an Intention to Make a Normal Course Issuer Bid ("NCIB") with the Toronto Stock Exchange ("TSX"). The NCIB remains subject to approval by the TSX.
Apr 26, 2021 07:00 am ET
WELL Health Reports on CRH Medical's Upsized US$300M Revolving Credit Facility with JP Morgan
Concurrent with the completion of WELL's acquisition of CRH Medical, JPMorgan Chase Bank ("JP Morgan") has provided CRH Medical with a US$300 million credit facility with joint book runners Canadian Imperial Bank of Commerce ("CIBC") and HSBC Bank Canada.  This credit facility replaces JP Morgan's previous US$200 million debt facility for CRH Medical.  The new US$300M credit facility includes a committed line of credit of US$175 million and an accordion of US$125 million, and provides CRH with substantial capital in addition to the current drawn balance to continue its disciplined and highl
Apr 23, 2021 07:00 am ET
WELL Health Completes Acquisition of CRH Medical
Monumental acquisition significantly boosts WELL's revenue and EBITDA(1) profile, dramatically enhances its U.S. operations, and provides WELL with additional inorganic and organic growth opportunities.WELL's technology and shared services teams will work with CRH to help digitize and modernize operations in a manner similar to how WELL has executed in the primary healthcare space in Canada.CRH recently reported its audited Q4 2020 results with US$36.8M in quarterly revenue reflecting 21% YoY growth.   CRH's adjusted operating EBITDA(2) for the same period was $16.1M, demonstrating strong 44
Apr 22, 2021 04:42 pm ET
WELL Health Completes Acquisition of CRH Medical
Monumental acquisition significantly boosts WELL's revenue and EBITDA(1) profile, dramatically enhances its U.S. operations, and provides WELL with additional inorganic and organic growth opportunities.WELL's technology and shared services teams will work with CRH to help digitize and modernize operations in a manner similar to how WELL has executed in the primary healthcare space in Canada.CRH recently reported its audited Q4 2020 results with US$36.8M in quarterly revenue reflecting 21% YoY growth. CRH's adjusted operating EBITDA(2) for the same period was $16.1M, demonstrating strong 44%
Apr 19, 2021 07:00 am ET
WELL Health Provides an Update on its Proposed Acquisition of CRH Medical
CRH Medical Corp.'s securityholders approved the acquisition of CRH by a subsidiary of WELL Health at the special meeting of CRH securityholders on Friday April 16, 2021. The transaction is expected to be completed on or about April 22, 2021 and represents WELL's largest acquisition to date with a total transaction value of approximately US$369.2 million. Upon closing, subscription receipts from WELL's previously announced C$302.5M equity offering will be exchanged into common shares of WELL. VANCOUVER, BC, April 19, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Co
Apr 15, 2021 08:00 am ET
WELL Health to Participate in Upcoming Planet MicroCap Showcase Virtual Event, Bloom Burton & Co. Healthcare Investor Conference and the Stifel GMP Canada CSI Conference
VANCOUVER, BC, April 15, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, today announced that Hamed Shahbazi, Chairman and CEO, will be participating in the following upcoming conferences:
Apr 12, 2021 07:00 am ET
WELL Health Advances Digital Health Interoperability for apps.health and its Global EMR Business with Adoption of 'Fast Healthcare Interoperability Resources' or FHIR Standard
WELL's apps.health marketplace and WELL EMR Group launch a new FHIR API or "Application Programming Interface" to accelerate the adoption of digital health innovation in healthcare with WELL's growing global Electronic Medical Records (EMR) footprint.  The adoption of key industry standards such as FHIR will allow digital health app developers to build integrations more easily to EMR platforms and make it easier for clinicians to launch digital health apps. With the adoption of FHIR, WELL will ensure strong programmatic connectivity between its global family of EMR products and its apps.heal
Apr 08, 2021 07:00 am ET
WELL Health Enters into Agreement to Acquire ExecHealth Inc., a Leading Omni-Channel Health Service Provider in Ontario
ExecHealth, a provider of primary care and executive health services in the Ottawa region, signifies WELL's first acquisition of clinical assets in the province of Ontario. For the 12 months ended February 28, 2021, ExecHealth had unaudited revenues of approximately $3M, of which greater than two-thirds is considered recurring membership revenue with EBITDA(1) Margins exceeding 50%. ExecHealth is expected to be a highly accretive acquisition, representing WELL's continued expansion into the premium margin corporate and executive health services market. ExecHealth is a high growth operation t
Apr 05, 2021 07:00 am ET
WELL Health Completes Acquisition of Intrahealth -Boosting its Digital Health SaaS Revenue and Expanding its EMR Business to International Markets
Intrahealth is a transformational acquisition for the WELL EMR Group as it transitions the business unit from solely providing OSCAR EMR(1) services to being a provider of multiple EMR product offerings in global markets. Intrahealth is an enterprise class EMR provider supporting approximately 15,000 clinicians providing care for millions of patients from small clinics to large health delivery organisations in its global network across Canada, Australia and New Zealand. Over the past 12 months Intrahealth generated approximately $9M in revenues with over 20% in EBITDA margin(2). Over 80% of
Mar 29, 2021 07:00 am ET
WELL Health to Participate in Upcoming Scotiabank and Laurentian Bank Investor Conferences
VANCOUVER, BC, March 29, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, today announced that Hamed Shahbazi, Chairman and CEO, will be participating in the following conferences: 
Mar 26, 2021 07:00 am ET
WELL Health Provides Corporate Update Demonstrating Strong Progress Across Digital and In-Person Channels
Thus far in Q1-2021, WELL has delivered 458,852 total patient visits across all channels, surpassing total patient visits delivered of 302,722 in all of Q4-2020. WELL's Canadian operations continue to show improvement in profitability and cash flows in Q1-2021 with the Company's Adjusted EBITDA contribution from Canadian operations expected to experience quarter-over-quarter improvement as compared to Q4-2020.  Circle Medical Technologies Inc. ("Circle Medical") is pleased to announce it has been approved by the state of California to receive and distribute vaccines to its patient population
Mar 18, 2021 06:30 am ET
WELL Health Achieves Record Revenue and Positive Adjusted EBITDA in Q4-2020 Driven by 400% YoY Growth of Software and Services Revenue
WELL achieved positive Adjusted EBITDA(2) in Q4-2020 for the first time, with Adjusted EBITDA(2) of $0.77 million as a result of significant revenue and EBITDA contribution from its acquisitions, greater contribution from higher margin Software and Services revenue and improved operating efficiencies. WELL reported record quarterly revenues of $17.2 million in Q4-2020 reflecting a 75% YoY increase. WELL's growth was led by its Software and Services revenues which increased by 400% in Q4-2020 to $5.8 million, as compared to Software and Services revenue of $1.2 million in Q4-2019. While total
Mar 17, 2021 06:00 am ET
WELL Health Announces Conference Call for Fourth Quarter and Fiscal Year End 2020 Financial Results
VANCOUVER, BC, March 17, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, will release its Fourth Quarter and Fiscal Year End 2020 financial results, for the period ended December 31, 2020, before market open on Thursday, March 18, 2021.  The Company will also hold a conference call to discuss its results on the same day at 1:00 pm ET (10:00 am PT).  The call will be hosted by Hamed Shahbazi, Chairman and Chief Executive Officer; Eva Fong, Chief Finan
Mar 15, 2021 07:00 am ET
WELL Health Provides Management Update and Makes Seed Investment in Fertility Start-up Venture
WELL is pleased to announce two important management updates: Atoussa Mahmoudpour has been promoted to the position of Company's Chief Legal Officer and Ammar Shah has been promoted to the position of Vice President of Mergers and Acquisitions. WELL also invested $250,000 in Twig Fertility Co (or "Twig") a new tech-enabled fertility clinic which will be opening in mid-town Toronto later in 2021. VANCOUVER, BC, March 15, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within th
Mar 11, 2021 06:00 am ET
WELL Health to Participate in 33rd Annual Roth Conference
VANCOUVER, BC, March 11, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, today announced that Hamed Shahbazi, Chairman and CEO, will be participating in the Virtual 33rd Annual Roth Conference. To be held March 15th – 17th, the Virtual 33rd Annual Roth Conference provides institutional investors, private equity and venture capital investors with access to growth companies from a broad range of industries.
Mar 10, 2021 06:00 am ET
WELL Health's Circle Medical to Offer Labcorp's At Home COVID-19 Self-Collection Test and Announces Clinical Expansion to Austin and San Diego Markets
At home based COVID-19 self-collection kits can now be ordered by a primary care provider via Circle Medical's telemedicine app.  There is no out-of-pocket cost for in-network Circle Medical patients and the self-collection kits are now available in select states in the U.S., with more states to follow. Circle Medical will be opening its third wholly owned clinic in Austin, Texas in Q2-2021. Circle Medical has also partnered with Kind Health Group of San Diego, California to be the first independent clinical practice to join the Circle Medical network and benefit from its digital tools and e
Mar 08, 2021 06:00 am ET
WELL Health to Boost its Digital Health SaaS Revenue and to Expand EMR Business to International Markets with Proposed Acquisition of Intrahealth
Intrahealth is an enterprise class EMR(1) provider with a deep IP portfolio and a highly customizable platform that supports a myriad of healthcare settings including health authorities, hospitals, public health outpatient centres, community health, home care, ambulatory care and diverse health care professionals. Intrahealth supports approximately 15,000 clinicians providing care for millions of patients in its combined databases across its global network of Canada, Australia and New Zealand. Over the past 12 months Intrahealth generated approximately $9M in revenues with over 20% in EBITD
Feb 17, 2021 06:00 am ET
WELL Health Announces Completion of Upsized C$302.5 million Equity Offering Led by Mr. Li Ka-Shing and Included Several Large Institutional Investors
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
Feb 08, 2021 05:30 am ET
WELL Health Announces Major Expansion into U.S. Market with Proposed Acquisition of CRH Medical and Concurrent C$295.5M Equity Offering Led by Mr. Li Ka-Shing at a 25% Premium to Market
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
Jan 19, 2021 06:00 am ET
WELL Health to Present at Upcoming 24th Annual CIBC Western Institutional Investor Conference
VANCOUVER, BC, Jan. 19, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, is pleased to announce Hamed Shahbazi, Chairman and CEO, will be presenting at the following upcoming virtual conference:
Jan 08, 2021 05:45 am ET
WELL Health Announces Two New Acquisitions into WELL EMR Group and Reaches 2,200 Clinics Under Management
VANCOUVER, BC, Jan. 8, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, is pleased to provide the following update related to its WELL EMR Group:
Jan 04, 2021 06:00 am ET
WELL Health Completes Acquisition of Adracare, Expanding into New Health Markets Around the Globe
VANCOUVER, BC and TORONTO, Jan. 4, 2021 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, is pleased to announce:
Dec 17, 2020 05:45 am ET
WELL Health to Acquire Adracare - A Comprehensive Omni-Channel Practice Management Platform for Allied Health Professionals Operating in Five Countries
VANCOUVER, BC AND TORONTO, Dec. 17, 2020 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, is pleased to announce that:
Dec 16, 2020 06:00 am ET
WELL Health Provides Corporate Update Demonstrating Acceleration of Revenues and Profitability in Q4
VANCOUVER, BC, Dec. 16, 2020 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, is pleased to provide the following corporate update based on preliminary results received to date: 
Dec 11, 2020 07:30 am ET
WELL Health Adds PrescribeIT to "apps.health" Marketplace and Launches National e-Prescribing Service with Canada Health Infoway
PrescribeIT® is a national e-prescription network spear-headed by the Federal Government's Canada Health Infoway. WELL has fully integrated PrescribeIT® within its OSCAR Pro EMR allowing participating physicians and clinicians to leverage the growing e-prescription ecosystem across Canada.  This service is now operational and available for immediate use. PrescribeIT® enables prescribers and pharmacists to electronically create, receive, renew and cancel prescriptions, while improving overall patient care through secure clinician messaging. PrescribeIT® joins the growing list of integrated ap
Dec 08, 2020 06:00 am ET
WELL Health Announces Expansion into Québec with Acquisition of ExcelleMD, a Leader in Omni-Channel Integrated Primary Care, Executive Health and Aesthetic Services
VANCOUVER, BC AND MONTREAL, QC, Dec. 8, 2020 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, is pleased to announce:
Dec 04, 2020 06:00 am ET
WELL Health to Present at Upcoming Virtual Investor Conferences Hosted by Stifel GMP and LD-Micro
VANCOUVER, BC, Dec. 4, 2020 /CNW/ - WELL Health Technologies Corp. (the "Company" or "WELL") (TSX: WELL), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, is pleased to announce that Hamed Shahbazi, WELL's Chairman and CEO will be participating in the following upcoming virtual conferences:
Dec 03, 2020 07:00 am ET
WELL Health Launches Direct-to-Consumer COVID-19 Antibody Tests in Ontario via Tia Health
VANCOUVER, BC and TORONTO, Dec. 3, 2020 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), is pleased to announce that:
Dec 03, 2020 06:00 am ET
WELL Health Announces Strategic Minority Investment in Pillway
VANCOUVER, BC, Dec. 3, 2020  /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, is pleased to announce the following:
Dec 02, 2020 06:00 am ET
WELL Health Completes Acquisition of Source 44, Enhancing its Cybersecurity Revenues and Expertise
VANCOUVER, BC, Dec. 2, 2020 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, is pleased to announce the following updates:
Nov 19, 2020 07:00 am ET
WELL Health Provides Corporate Update Demonstrating Acceleration of Business, New Innovative Testing Programs and a Strong M&A Pipeline
WELL is partnering with a leading national lab company, via its Tia Health subsidiary, and providing services to support patients who are interested in obtaining COVID-19 (SARS-CoV-2) testing. WELL is also working on offering its own direct-to-consumer offering for the sale and support of COVID-19 Antibody testing. Circle Medical, WELL's majority owned US subsidiary, has reported that its current month to date results in November reflect better than a 40% increase in revenues as compared to the previous month. If maintained, this would put Circle Medical's yearly revenue run-rate at more tha
Nov 13, 2020 07:00 am ET
WELL Health Enters US Market with Completion of Majority Stake Acquisition of Circle Medical Technologies
Silicon Valley based Circle Medical Technologies, Inc. ("Circle Medical") is a National US telehealth provider that also operates two brick and mortar medical clinics in the San Francisco Bay Area. WELL's aggregate control investment of approximately US$14.3M in Circle Medical included a subscription of US$5.0M in shares from Circle Medical's treasury and the purchase of shares from existing shareholders of Circle Medical in exchange for WELL shares and cash consideration. Circle Medical's current revenue run rate is approximately US$5.7M per year and growing quickly having recently experie
Nov 13, 2020 06:30 am ET
WELL Health to Acquire Source 44 to Enhance its Ability to Protect Healthcare Clinics and Their Data Across Canada
Source 44 provides cybersecurity products and services to businesses across Canada and will be WELL's second cybersecurity acquisition. This acquisition is intended to accelerate WELL's overall cybersecurity and risk management program and provides WELL with another compelling opportunity to build shareholder value through accretive and disciplined capital allocation in the cybersecurity space.  Over the past 12 months Source 44 generated more than $20M in revenues and over $2M in EBITDA.   Source 44's founders Peter Giannoulis and Robert Kostecki will continue to operate the company and wil
Nov 12, 2020 07:00 am ET
WELL's Diversified Businesses Deliver Record Third Quarter 2020 Results with New Acquisitions Driving Annualized Revenue Run-Rate to $68M
WELL achieved another record quarter for Q3-2020 with revenue of $12,245,735 and record Gross profit(1) of $5,045,440, representing 50% and 75% year-over-year ("YoY") growth respectively. Coupled with recently completed and announced acquisitions, WELL is currently on a ~$68M annualized revenue run-rate and growing quickly. During Q3-2020, WELL completed the acquisition of the Services Division of Cycura Inc. ("Cycura") and announced its entry into the US market with a majority stake acquisition of Circle Medical Inc. ("Circle Medical"). Subsequent to quarter end WELL completed: (i) the acqu
Nov 12, 2020 06:30 am ET
WELL Health Completes Acquisition of Insig Corporation, a Leader in Virtual Care and Digital Patient Engagement Services in Canada
INSIG Corporation ("INSIG") is a leading Canadian virtual care platform with a unique SaaS enabled marketplace currently supporting over 2,800 healthcare practitioners with approximately 200,000 virtual care appointments(1) served in the last 90 days. WELL has been leveraging INSIG's full stack platform to power digital patient engagement applications such as: telehealth, online patient booking, self-service check-in and intelligent questionnaires. WELL already owned approximately 40% of INSIG and has now acquired the remainder of the company. This acquisition is expected to result in the ad
Nov 10, 2020 10:30 am ET
Plurilock Security and Cycura to Co-Host Healthcare Cybersecurity Webinar
Five cybersecurity experts to form panel to discuss data breaches and attacks in the healthcare industry
Nov 09, 2020 06:30 am ET
WELL Health to Acquire 100% of INSIG Corporation, a Leader in Telehealth Services in Canada
INSIG is a leading Canadian virtual care platform with a unique SaaS-enabled marketplace currently supporting over 2,800 healthcare practitioners with approximately 200,000 virtual care appointments(1) served in the last 90 days.  The platform has been used by over 500,000 patients(2) since inception. WELL had previously developed its telehealth program known as VirtualClinic+ on INSIG's full-stack platform and tools.  WELL already owned/acquired ~40% of INSIG and is now acquiring the remainder of the company. This acquisition is expected to result in the addition of $6.5 million in annual t
Nov 04, 2020 07:00 am ET
WELL Health Announces Conference Call for Third Quarter Fiscal 2020 Financial Results
VANCOUVER, BC, Nov. 4, 2020 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, will release its Third Quarter Fiscal 2020 financial results before market open on Thursday, November 12, 2020.  The Company will also hold a conference call to discuss its results on the same day at 1:00 pm ET (10:00 am PT).  The call will be hosted by Hamed Shahbazi, Chairman and Chief Executive Officer; Eva Fong, Chief Financial Officer and Pardeep S. Sangha, Vice Presi
Nov 03, 2020 06:30 am ET
WELL Health Completes Acquisition of Majority Stake in Easy Allied Health
WELL completes majority acquisition of 51% ownership position in private company Easy Allied Health Inc. ("Easy Allied"), a provider of integrated allied health services. Easy Allied is comprised of a mobile network of health experts focused on the fields of physiotherapy, occupational therapy, kinesiology, and clinical counselling.  Easy Allied's mission is to provide a team of integrated health professionals to support the community in the most convenient way for clients to regain and maintain independence and manage pain. This transaction is immediately accretive to WELL.  Easy Allied's c
Nov 02, 2020 06:30 am ET
WELL Health Acquires DoctorCare - the Market Leader for 'Billing as a Service' for Canadian Doctors
DoctorCare uses proprietary software and systems to provide medical BAAS or "Billing as a Service" outsourcing services to over 2,000 physicians across Canada. DoctorCare's leading edge billing and back-office tools are designed to support doctors who don't have the benefit of a sophisticated back-office team. DoctorCare is a foundational acquisition for WELL as it serves as a new business unit focused on the North American medical billing and back-office marketplace. Led by Managing Directors Paulo Gomes and Adam Hutton, DoctorCare will serve as WELL's consolidation point for additional bil
Oct 30, 2020 07:30 am ET
WELL Health Introduces Six New Digital Health Applications on its "apps.health" Marketplace
WELL has introduced six new digital apps on its apps.health marketplace in the areas of doctor billing, COVID-19 screening, clinic directory, online booking and reminders. The apps.health marketplace now includes a total of 26 digital health applications. apps.health is a comprehensive digital health marketplace for EMR integrated apps that allows digital health software and technology companies to showcase their capabilities and connect with Canadian healthcare providers. The apps.health marketplace is a powerful platform for third party application developers who want to market their solut
Oct 23, 2020 08:15 am ET
WELL Health to Acquire Majority Stake in Easy Allied Health, a leader in providing Integrated Care
Easy Allied Health (or "Easy Allied") is comprised of a network of health experts focused on the fields of Physiotherapy, Occupational Therapy, Kinesiology, and Clinical Counselling. Easy Allied's mission is to provide a team of integrated health professionals to support the community in the most convenient way for clients to regain and maintain independence and manage pain. Easy Allied currently has a staff of 17 service providers that assist the community in distinct ways including in-clinic environments, via mobile services providing in-residence care and by providing care to independent
Oct 22, 2020 10:25 am ET
WELL Health Completes $80.5 Million Bought Deal Financing
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
Oct 02, 2020 01:21 am ET
/C O R R E C T I O N from Source -- WELL Health Technologies Corp./
In the news release: "WELL Health Announces Voting Results for Election of Directors", issued on Oct. 1, 2020 by WELL Health Technologies Corp. over CNW, we are advised by the company that there was a mistake in the total of common shares mentioned in the 2nd paragraph. "132,874,416 common shares" should have been "42,274,466 common shares". The complete corrected release follows:
Oct 01, 2020 10:45 pm ET
WELL Health Announces Voting Results for Election of Directors
VANCOUVER, BC, Oct. 1, 2020 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (the "Company" or "WELL"), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, is pleased to announce that at its annual general and special meeting held September 30, 2020 (the "Meeting"), all of the nominees for election as directors of the Company referred to in its notice of meeting and information circular dated August 31, 2020 for the Meeting were elected.
Oct 01, 2020 07:30 am ET
WELL Health Announces $70 Million Bought Deal Financing
WELL Health Technologies Corp. (TSX: WELL) (“WELL” or the “Company”) is pleased to announce that it has entered into an agreement pursuant to which Eight Capital and Stifel GMP, as co-lead underwriters and joint bookrunners, together with a...
Sep 30, 2020 08:00 am ET
WELL Health Announces Closing of $23M Private Placement with Group of Investors Led by Mr. Li Ka-shing
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
Sep 29, 2020 06:00 am ET
WELL Health Launches "apps.health", a Digital Health App Marketplace for EMR users
apps.health is a marketplace and innovation hub for digital health. Its mission is to connect healthcare professionals with new and pioneering solutions or "apps" which integrate securely and seamlessly with a clinic's Electronic Medical Record (EMR) software. apps.health is a platform for digital health technology companies and/or third-party software developers to collaborate with WELL to promote and accelerate the adoption of their products and services and by doing so accelerate adoption of improved healthcare experiences for both physicians and their patients. apps.health currently feat
Sep 28, 2020 07:30 am ET
WELL Health Forms New Business Unit Focused on Allied Health Services
WELL Health has formed "WELL Health Allied Care Inc." (or "WELL Allied"), a new subsidiary primarily focused on operating, investing in and/or unlocking opportunities associated with allied health offerings such as physiotherapy, rehabilitation, occupational therapy, chiropractic, dietary, mental health counselling and sleep related services. WELL Allied will be focused on: (i) empowering allied health professionals with digital resources such as WELL's Electronic Medical Record (EMR) and telehealth capabilities in order to advance their practices and allow them to better support patients; a
Aug 27, 2020 09:25 pm ET
WELL Health to Present at the LD 500 Virtual Conference
VANCOUVER, BC, Aug. 27, 2020 /CNW/ - WELL Health Technologies Corp. (the "Company" or "WELL") (TSX: WELL), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, is pleased to announce it will be participating in the LD 500 Virtual Conference.  WELL's Chairman and Chief Executive Officer, Hamed Shahbazi, is scheduled to present via videoconference to a live virtual audience on Wednesday, September 2, 2020 at 1:40pm ET (10:40am PT) on Track #4.   The Company is also participating in individual one-on-one virtual investor meetings i
Aug 11, 2020 07:30 am ET
Shift to Telehealth Drives Record Revenue and Gross Profit in Second Quarter 2020
WELL achieved record quarterly patient services revenues in the second quarter due to: (1) a successful shift to telehealth which included significant revenues from both VirtualClinic+ and phone consultations; (2) WELL's family practice business proved to be highly resilient; and (3) WELL's corporate-owned clinics remained open as a critical business throughout the COVID-19 pandemic. COVID-19 has caused an acceleration of WELL's telehealth business as patients observing physical distancing measures increasingly turned to telehealth during the pandemic. WELL's quarterly telehealth visits grew
Aug 06, 2020 07:06 pm ET
WELL Health Announces Conference Call for Second Quarter Fiscal 2020 and Presentation at the Canaccord Genuity Growth Conference
VANCOUVER, BC, Aug. 6, 2020 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, will release its Second Quarter Fiscal 2020 financial results before market open on Tuesday, August 11, 2020.  The Company will also hold a conference call to discuss its results on the same day at 1:00 pm ET (10:00 am PT).  The call will be hosted by Hamed Shahbazi, Chairman and Chief Executive Officer; Eva Fong, Chief Financial Officer and Pardeep S. Sangha, Vice Preside
Aug 05, 2020 09:00 am ET
LD Micro Announces Preliminary List of Presenters for the LD-500
LOS ANGELES, CA / ACCESSWIRE / August 5, 2020 / LD Micro today announced the initial list of companies slated to present at the upcoming LD 500, taking place September 1st-4th, 2020, exclusively online.
Aug 04, 2020 08:00 am ET
WELL Health Completes Acquisition of Cycura's Services Division and Forms New Cybersecurity Business Unit
Cycura is a leader in providing top-tier cyber security services, whose key principals have extensive experience in protecting patient health data in the provincial Ministry of Health and acute care hospital settings.The acquisition is intended to elevate WELL's overall cybersecurity and risk management program and provide WELL with another compelling opportunity to build shareholder value through accretive and disciplined capital allocation in the cybersecurity space. In the past 12 months, Cycura's Services Division has generated revenues of more than $1.7M with better than double digit EB
Jul 31, 2020 03:57 pm ET
WELL Health Announces Grant of RSUs, PSUs and Stock Options
VANCOUVER, BC, July 31, 2020 /CNW/ - WELL Heath Technologies Corp. (TSX: WELL) (the "Company" or "WELL"), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, is pleased to announce it has granted an aggregate of 363,845 restricted share units (each, a "RSU")and 136,923 performance share units (each, a "PSU") to certain non-insider employees and consultants of the Company pursuant to the Company's Long-Term Performance Incentive Plan (the "LTIP"). The Company also announces it has granted an aggregate of 255,000 stock options (e
Jul 31, 2020 08:00 am ET
WELL Health Announces Conversion of All Outstanding Debentures
WELL has provided written notice to its debenture holders, most of whom are long-term focused shareholders, that the Company will convert all outstanding debentures to common shares by the end of August. The conversion of the debentures will result in the Company having no other debt or debt instruments on its balance sheet. In addition, the Company continues to have more than $24M of cash to pursue future M&A opportunities. The conversion of the outstanding debentures will also reduce WELL's interest expenses, thereby improving the Company's profitability and cash flow.  VANCOUVER, BC,
Jul 30, 2020 10:08 am ET
McMaster Family Health Team selects VirtualClinic+ Telehealth Solution
McMaster Family Health Team ("MFHT") has selected WELL's VirtualClinic+ telehealth program as its preferred virtual care platform; thereby improving access for patients and giving its clinicians an easy and seamless experience of providing virtual care. MFHT has been using VirtualClinic+ and training its clinicians on the product for several weeks now with strong positive results. MFHT provides primary care to over 40,000 patients across three teaching clinics that also train Family Medicine residents and health professional learners.VirtualClinic+ is integrated with OSCAR(1) EMR, a key requ
Jul 24, 2020 08:00 am ET
WELL Health Forms New Business Unit Focused on Digital Health Apps and Provides Management Update
WELL Health has formed "WELL Digital Health Apps Inc." (or "WDHA"), a new subsidiary solely focused on developing, investing in and unlocking opportunities associated with digital health applications or "apps". WDHA will be focused primarily on establishing partnerships and/or investments with leading digital health apps that allow WELL to unlock the value of its EMR assets. WELL is the third largest EMR service provider in Canada supporting 10,000 doctors and over 1,900 clinics. WELL adds two new members to its management team. WELL appointed Shervin Bakhtiari to lead the WDHA business unit
Jul 08, 2020 09:20 am ET
WELL Health to Acquire Cycura's Services Division to Protect Personal Health Information
Cycura Inc. is a leader in providing top-tier cybersecurity services, whose key principals have extensive experience in protecting patient health data in the provincial Ministry of Health and acute care hospital settings.WELL's proposed acquisition of Cycura's Services Division supports two key objectives: 1- Elevates WELL's cybersecurity program with an industry leading team with extensive experience in the healthcare and technology sectors and 2- Creates a new key division where WELL will build a compelling portfolio of products/services and companies as part of its capital allocation prog
Jun 26, 2020 09:00 am ET
WELL Health Announces Postponement of Annual General Meeting and Information Circular Material
VANCOUVER, BC, June 26, 2020 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company") announces that in light of the COVID-19 public health emergency and related restrictions on gatherings, the Company intends to delay holding its annual general meeting of shareholders to a later date, but prior to December 31, 2020. The Company is relying on the temporary blanket relief provided by the Canadian Securities Administrators (including the exemptive relief contained in ASC Blanket Order 51-518, BC Instrument 51-516, FCAA General Order 51-502, MB Blanket Order 52-503, Ontario
Jun 01, 2020 09:46 am ET
WELL Health Completes its Seventh EMR Acquisition with the Closing of Indivica Acquisition
Indivica provides fully hosted Electronic Medical Records ("EMR") software and services to 390 clinics serving over 2,000 physicians and medical practitioners in Ontario. With the acquisition of Indivica, WELL expands its EMR services footprint to approximately 1,900 primary health medical clinics and 10,000 physicians across Canada. Indivica has a talented in-house development team that has built extensive intellectual property around making OSCAR(1) EMR systems more secure and capable in a fully hosted environment. Indivica is WELL's seventh EMR acquisition, further strengthening the Compa
May 27, 2020 08:00 am ET
WELL Health Announces Digital Health Investment and Strategic Partnership with Phelix.ai
WELL Health has made a $250,000 investment in Phelix.ai, a Toronto based digital health company. Phelix.ai is a technology service provider that has developed an AI or artificial intelligence powered clinical assistant. Phelix.ai's software allows health care clinics to automate key workflows and administration tasks so that non-medical staff can focus on higher value tasks. WELL Health has also entered into a strategic alliance agreement with Phelix.ai which grants WELL broad rights to use and sublicense Phelix.ai's clinical assistant automation software in all aspects of its business inclu
May 22, 2020 09:40 am ET
WELL Health Completes $14.4 Million Bought Deal Financing
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
May 20, 2020 08:00 am ET
WELL Health Announces Agreement to Acquire Indivica Inc.; Increasing its EMR Footprint to More Than 10,000 Physicians Across Canada
Indivica provides fully hosted Electronic Medical Records ("EMR") software and services to 390 clinics serving over 2,000 physicians and medical practitioners in Ontario With the proposed acquisition of Indivica, WELL expects to expand its EMR services footprint to approximately 1,900 primary health medical clinics and 10,000 physicians across Canada. Indivica has a talented in-house development team that has built extensive intellectual property around making OSCAR(1) EMR systems more secure and capable in a fully hosted environment Upon closing, Indivica will be WELL's seventh EMR acquisit
May 15, 2020 07:00 am ET
WELL Health Reports Record Revenue in First Quarter 2020 with 918% Increase in Digital Services Revenue
WELL achieved record quarterly revenue of $10,227,000 during the 3 months ended March 31, 2020 representing 38% YoY growth, with an Adjusted EBITDA(1) loss of $245,932. WELL EMR Group digital services revenue was $1,704,299 for the quarter representing 918% YoY growth. These revenues are predominantly high margin recurring SaaS revenue from the Company's OSCAR EMR(2) related services. WELL's VirtualClinic+ telehealth service is experiencing strong growth as the Company has now onboarded well over 800 healthcare practitioners since launching at the beginning of March and has now surpassed ove
May 08, 2020 07:00 am ET
WELL Health to Host First Quarter 2020 Investor Conference Call
VANCOUVER, May 8, 2020 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, will release its Fiscal First Quarter 2020 financial results before market open on Friday, May 15, 2020.  The Company will also hold a conference call to discuss its results on the same day at 1:00 pm ET (10:00 am PT).  The call will be hosted by Hamed Shahbazi, Chairman and Chief Executive Officer; Eva Fong, Chief Financial Officer and Pardeep S. Sangha, Vice President Corpora
May 05, 2020 07:56 am ET
WELL Health Technologies Corp. Announces $12.5 Million Bought Deal Common Share Financing
WELL Health Technologies Corp. (TSX: WELL) (“WELL” or the “Company”), is pleased to announce that it has entered into an agreement pursuant to which Eight Capital and Stifel GMP, as co-lead agents and joint bookrunners, together with a syndicate of...
May 04, 2020 07:00 am ET
WELL Health Completes Acquisition of MedBASE's OSCAR EMR Business
MedBASE Software Inc. provides OSCAR(1) Electronic Medical Record (EMR) services to 61 medical clinics in Ontario. With the acquisition of MedBASE's OSCAR EMR business, WELL has increased its EMR footprint to supporting over 1,500 primary health medical clinics across Canada. MedBASE is WELL's sixth acquisition of an OSCAR EMR service provider, which further strengthens the Company's position as both the largest provider of OSCAR EMR services as well as overall the third largest EMR service provider in Canada. VANCOUVER, May 4, 2020 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (the "C
May 01, 2020 11:00 am ET
WELL Health Announces Strategic Alliance with McMaster University to Support Canadian Doctors and Patients
VANCOUVER, May 1, 2020 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (the "Company" or "WELL"), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, is pleased to announce it has entered into a Memorandum of Understanding (the "MOU") with McMaster University's Department of Family Medicine ("McMaster") that authorizes WELL to use the OSCAR brand in perpetuity, including exclusive use of "OSCAR Pro", "OSCAR Professional" and "OSCAR McMaster Professional Edition".  OSCAR, an acronym for "Open Source Clinical Application Resou
Apr 27, 2020 07:00 am ET
WELL Health Appoints Tara McCarville to Board of Directors
VANCOUVER, April 27, 2020 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (the "Company" or "WELL"), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, is pleased to announce it has appointed Tara McCarville to its board of directors.
Apr 08, 2020 07:30 am ET
WELL Health Closes Strategic Investment in Insig Corporation and Rapidly Expands VirtualClinic+ Telehealth Program
WELL Health has closed its previously announced share exchange acquisition of approximately $3.94M in Insig shares and WELL's CEO Hamed Shahbazi has joined Insig's board of directors. This investment brings WELL's total investment in Insig to approximately $5.94M, including the previously announced $2M secured, convertible promissory note. Assuming the note will be fully converted, WELL becomes the largest shareholder of Insig. In addition, in accordance with its strategic alliance agreement with Insig, WELL continues to rapidly grow and expand "VirtualClinic+", WELL's own telehealth program
Mar 31, 2020 08:29 am ET
WELL Health Reports 2019 Annual Audited Results; Revenues More Than Triple
Yearly revenue more than tripled to $32,810,782 in the 12-month period ended December 31, 2019 versus the comparable period ended December 31, 20181. Subsequent to the end of the fiscal year, WELL expanded its EMR network to 1446 clinics by completing the acquisition of Trinity Healthcare Technologies ("THT"). WELL also announced the proposed acquisition of MedBASE Software Inc. ("MedBASE") which shall boost the company's EMR network to over 1,500 clinics across Canada. Also subsequent to the end of the fiscal year, WELL successfully launched VirtualClinic+ a unique and comprehensive telehea
Mar 27, 2020 07:30 am ET
WELL Health Announces Automated Phone, SMS and Web-based COVID-19 Triage Tool for Canadians
WELL launches "ACTT" or Automated COVID-19 Triage Tool that includes scalable automated phone, SMS and web capabilities that enable government and healthcare organizations on the front lines to effectively communicate and triage COVID-19 symptoms with Canadian citizens. ACTT includes an automated phone triage tool that triages COVID-19 symptoms, social and travel history over a 3 to 5 minute phone call with an AI powered automated attendant. The system utilizes the latest clinical pathways and know-how for COVID-19 symptoms. ACTT includes a web triage tool that leverages a highly configurabl
Mar 26, 2020 11:14 am ET
WELL Health Announces $5.94M Strategic Investment in Insig Corporation, a Leader in Telehealth Services to support Canadian Doctors and Patients
WELL Health to make a $5.94M investment in Insig Corporation, a Canadian leader in telehealth services. The investment includes a direct acquisition of approximately $3.94M in Insig shares and a secured convertible promissory note in the amount of $2M. With this investment, and assuming the note is converted, WELL becomes the largest shareholder of Insig Corp. WELL Health has also entered into a strategic alliance agreement with Insig which allows WELL to commercialize the Insig platform on a private label basis under the brand "VirtualClinic+". This investment and partnership with Insig pos
Mar 24, 2020 06:15 pm ET
WELL Health to Host 2019 Annual and Fourth Quarter Investor Conference Call
VANCOUVER, March 24, 2020 /CNW/ - WELL Health Technologies Corp. (TSX.V: WELL) ("WELL" or the "Company"), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, will hold a conference call to discuss its 2019 Annual and Fourth Quarter financial results on Tuesday, March 31, 2020 at 1:00pm ET (10:00 am PT). The call will be hosted by Hamed Shahbazi, Chairman and Chief Executive Officer; Eva Fong, Chief Financial Officer and Pardeep S. Sangha, Vice President Corporate Strategy and Investor Relations.
Mar 23, 2020 07:00 am ET
WELL Health Announces Normal Course Issuer Bid
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
Mar 17, 2020 08:35 am ET
WELL Health Applauds Regulatory Changes in British Columbia and Ontario designed to enhance funding for Doctors to support patients due to COVID-19 Pandemic
This past weekend, The Minster of Health in Ontario made an order to temporarily provide coverage under the Province's Health Insurance Act for the provisioning of healthcare consultations for insured Ontarians by mode of telephone or video, otherwise known as telehealth Yesterday, the Doctors of BC and the Government of BC agreed to billing rule changes that expanded the scope of the types of consultations that would be covered under the province's existing telehealth fee code. The BC billing rule changes also enacted modifications that enhanced support for doctors who provide in-person car
Mar 16, 2020 08:39 am ET
WELL Health Announces Closing of Second Tranche of Upsized $11M Private Placement of Convertible Debentures Including Mr. Li Ka-shing
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
Mar 13, 2020 08:07 am ET
WELL Health Provides Corporate Update: Core Clinic and SaaS EMR Revenues Prove to be Resilient and Growing While Telehealth Ramps Up Significantly
WELL is significantly ramping up efforts with its recently launched VirtualClinic+ telehealth service due to the COVID-19 pandemic. VirtualClinic+ allows patients to have a video, phone or secure messaging consultation with a doctor from anywhere which reduces the burden on primary care outpatient clinics. WELL has already activated 40 doctors on the program with another 60 queued up to join in the coming days and weeks. WELL recently strengthened its already solid balance sheet in order to continue to execute on its acquisition growth strategies as a result of the $11.0 million financing an
Mar 12, 2020 08:00 am ET
WELL Health Announces Upsize of Private Placement Of Convertible Debentures to $11.0 Million To Include Mr. Li Ka-shing
WELL also announces the closing of the previously announced first tranche of $10M Private Placement of Convertible Debentures
Mar 10, 2020 09:00 am ET
WELL Health Announces Flu Surveillance Partnership with McMaster University and the Public Health Agency of Canada
McMaster University partners with WELL to launch "FAST", the innovative "Flu Automated Surveillance Tool" for FluWatch, a program of the Public Health Agency of Canada or "PHAC" FAST is unique due to its ability to provide PHAC with real-time identification of patients with flu-like symptoms without sharing of any patient health data, enabling PHAC to act more quickly to emerging risks of outbreaks FAST is fully compatible with OSCAR. WELL plans to deploy FAST to a number of its Ontario clinics within the next three months. VANCOUVER, March 10, 2020 /CNW/ - WELL Health Technologies Corp. (T
Mar 10, 2020 07:00 am ET
WELL Health Announces $10.0 Million Private Placement of Convertible Debentures
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
Mar 02, 2020 08:30 am ET
WELL Health Launches "VirtualClinic+", A Comprehensive Telehealth Program Across Canada
VirtualClinic+ by WELL Health gives Canadians across the country convenient access to telehealth services. To get started please visit virtual.wellclinics.ca. There is no need to download or configure an app. VirtualClinic+ provides physicians a platform to add telehealth consultations as a convenient enhancement to their existing family practice. It also allows physicians to offer primary care for unattached patients. There are an estimated 4.8 million Canadians1 who are currently without a family doctor. Due to the COVID-19 epidemic, WELL plans to rapidly ramp up the program in order to me
Feb 21, 2020 07:38 am ET
WELL Health Recognized as a TSX Venture 50 Company for the Third Year in a Row
WELL was the top ranked company in the Diversified Industries Sector with a market cap increase of 385% and a share price increase of 247% in 2019. VANCOUVER, Feb. 21, 2020 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (the "Company" or "WELL"), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, is pleased to announce it has been named as one of the Venture 50 Companies for 2020 by the TSX Venture Exchange. WELL was the top ranked company in the Diversified Industries Sector with a market cap increase of 385% and a share
Feb 12, 2020 06:56 am ET
WELL Health Announces Agreement to Acquire MedBASE's OSCAR EMR Business
MedBASE provides OSCAR1 Electronic Medical Record (EMR) services to 61 medical clinics in Ontario. With the proposed acquisition of MedBASE, WELL is expecting to grow its EMR footprint to supporting approximately 1,507 primary health medical clinics across Canada. MedBASE will be WELL's sixth EMR acquisition, expanding the Company's footprint as the third largest EMR service provider in Canada. VANCOUVER, Feb. 12, 2020 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (the "Company" or "WELL"), a company focused on consolidating and modernizing clinical and digital assets within the prima
Feb 07, 2020 08:00 am ET
TMX Group Equity Financing Statistics - January 2020
Toronto Stock Exchange, TSX Venture Exchange
Feb 06, 2020 08:11 pm ET
WELL Health to Present at the Third Annual Gravitas Growth Conference
VANCOUVER, Feb. 6, 2020 /CNW/ - WELL Health Technologies Corp. (the "Company" or "WELL") (TSX: WELL), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, is pleased to announce it will be participating in the Third Annual Gravitas Growth Conference taking place February 20th, 2020 at the Fairmont Pacific Rim Hotel in Vancouver, BC.  WELL's Chairman and Chief Executive Officer, Hamed Shahbazi, is scheduled to present on Thursday, February 20th, 2020 at 11:00am. In addition, Mr. Shahbazi will also be speaking at the Lunch Keynote
Feb 03, 2020 06:00 am ET
WELL Health Completes Acquisition of Trinity Healthcare Technologies
WELL Health closes previously announced acquisition of Trinity Healthcare Technologies ("THT"), Canada's second largest OSCAR1 EMR (Electronic Medical Record) Service provider THT is WELL's fifth acquisition of an EMR service provider, further solidifying the Company's position as the third largest provider of EMR services in Canada. THT significantly increases WELL EMR Group's footprint to over 1,000 clinics in the province of Ontario and approximately 1,446 clinics supported nationally across Canada. This acquisition increases WELL's high margin Software as a Service (SaaS) revenue and was
Jan 10, 2020 11:51 am ET
WELL Health Technologies Corp. Opens the Market
TORONTO, Jan. 10, 2020 /CNW/ - Hamed Shahbazi, Chief Executive Officer, Chairman and Director, WELL Health Technologies Corp. (WELL), joined Michael Kousaie, Vice-President, Strategy and Product Innovation, Toronto Stock Exchange and TSX Venture Exchange, to open the market. WELL is a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector. WELL owns and operates 20 medical clinics, is a majority owner of SleepWorks Medical and provides digital Electronic Medical Records (EMR) software and services to 946 medical clinics across Canada
Jan 09, 2020 07:00 am ET
WELL Health Receives Final Approval to Graduate to the TSX and will Ring Opening Bell at TSX
VANCOUVER, Jan. 9, 2020 /CNW/ - WELL Health Technologies Corp. (the "Company" or "WELL") (TSX.V: WELL), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, is pleased to announce it has received final approval from the Toronto Stock Exchange (the "TSX") to list its common shares on the TSX and delist from the TSX Venture Exchange (the "TSX-V"). WELL's common shares will commence trading on the TSX at the market open on Friday, January 10, 2020.  WELL's common shares will trade on the TSX under the stock symbol "WELL", and the C
Dec 20, 2019 06:00 am ET
WELL Health Receives Conditional Approval to Graduate to the TSX
VANCOUVER, Dec. 20, 2019 /CNW/ - WELL Health Technologies Corp. (the "Company" or "WELL") (TSX.V: WELL), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, is pleased to announce it has received conditional approval from the Toronto Stock Exchange (the "TSX") to list its common shares on the TSX and delist from the TSX Venture Exchange (the "TSX-V").  Final approval of the listing is subject to the Company meeting certain standard TSX listing requirements.  
Dec 04, 2019 06:00 am ET
WELL Health to Present at the LD Micro Main Event in Bel Air, California
VANCOUVER, Dec. 4, 2019 /CNW/ - WELL Health Technologies Corp. (the "Company" or "WELL") (TSX.V: WELL), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, is pleased to announce it will be participating in the 12th Annual LD Micro Main Event taking place December 10-12th, 2019 at the Luxe Sunset Hotel in Bel Air, California.  
Dec 02, 2019 08:15 am ET
WELL Health Completes Acquisition of Majority Stake in Spring Medical Centre
WELL completes 51% majority ownership acquisition of Spring Medical Centre Ltd. ("Spring Medical"), a private company that is one of BC's leading providers of integrative health services. Spring Medical is an innovative integrated health clinic that broadens WELL's footprint of medical clinics and materially expands the number of healthcare services offered by WELL. This transaction is immediately accretive to WELL as Spring Medical has generated more than $2.3 million in revenues with EBITDA1 margins exceeding 10% over the past 12 months. VANCOUVER, Dec. 2, 2019 /CNW/ - WELL Health Technol
Dec 02, 2019 06:00 am ET
WELL Health Completes Acquisition of EMR Service Provider OSCARwest EMR Services
OSCARwest EMR Services Inc. ("OSCARwest") is WELL's fourth acquisition of an OSCAR1 Electronic Medical Records (EMR) service provider, and completes WELL's acquisition of all three Chartered OSCAR service providers in the province of British Columbia. OSCARwest provides OSCAR EMR services to 90 medical clinics in British Columbia, supporting over 1,100 registered physicians and practitioners. With the acquisition of OSCARwest, and the proposed acquisition of Trinity Healthcare Technologies previously announced on November 21, 2019, WELL is expecting to significantly grow its EMR network foot
Nov 22, 2019 07:00 am ET
/R E P E A T -- WELL Health to Acquire Trinity Healthcare Technologies, Canada's Second Largest OSCAR Provider/
Trinity Healthcare Technologies ("THT") provides OSCAR1 based Electronic Medical Records (EMR) services to over 500 clinics in Ontario, supporting approximately 2,280 registered physicians and other healthcare practitioners. This proposed acquisition significantly expands WELL's EMR business to over 1,000 clinics supported in the province of Ontario and to 1,446 clinics2 nationally across Canada. Upon closing, this acquisition will positively impact WELL's high margin recurring Software as a Service (SaaS) revenue and be immediately accretive to earnings. The proposed acquisition of THT will
Nov 21, 2019 07:31 pm ET
WELL Health to Acquire Trinity Healthcare Technologies, Canada's Second Largest OSCAR Provider
Trinity Healthcare Technologies ("THT") provides OSCAR1 based Electronic Medical Records (EMR) services to over 500 clinics in Ontario, supporting approximately 2,280 registered physicians and other healthcare practitioners. This proposed acquisition significantly expands WELL's EMR business to over 1,000 clinics supported in the province of Ontario and to 1,446 clinics2 nationally across Canada. Upon closing, this acquisition will positively impact WELL's high margin recurring Software as a Service (SaaS) revenue and be immediately accretive to earnings. The proposed acquisition of THT will
Nov 19, 2019 04:26 pm ET
WELL Health Announces Completion of Time-Based Earn Out Payment in Connection with Previously Announced Acquisition of Private HealthCare Clinics
VANCOUVER, Nov. 19, 2019 /CNW/ - WELL Health Technologies Corp. (TSX.V: WELL) (the "Company" or "WELL"), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, announces, further to its new release November 4, 2019, the Company received approval for the issuance of 16,754 shares from the TSX Venture Exchange and issued the shares on November 13, 2019. These shares are issued in accordance with the acquisition agreements announced November 1, 2018, whereby the Company acquired all of the issued and outstanding shares of 13 target c