WELL is adding 10 primary care medical clinics operating under the name "The Health Clinic by Shoppers TM " to its national primary care network. The 10 clinics are located in Ontario and BC and include over 35 physicians. WELL expects the clinics to contribute approximately $8M in annual revenue. VANCOUVER, BC and TORONTO , April 16, 2024 /CNW/ - WELL Health Clinic Network Inc. ("WELL"), a subsidiary of WELL Health... Read More

WELL Health applauds recent actions by the provinces of Ontario , Alberta , and Manitoba to increase reimbursement rates affecting primary care, specialized care, and diagnostic consultation codes. These new multi-pronged investments support a holistic approach to care that mirrors WELL's own values in assisting the entire healthcare sector. Improvements in reimbursement are an important and needed strategy to support... Read More

WELL achieved record annual revenue of $776.1 million for 2023, an increase of 36% compared to the prior year. WELL achieved record quarterly revenues of $231.2 million in Q4-2023, an increase of 48% as compared to Q4-2022. For the full year, WELL achieved record annual Adjusted EBITDA (1) of $113.4 million , an increase of 8% as compared to 2022. WELL achieved record Adjusted EBITDA (1) of $30.8 million in Q4-2023, an... Read More

VANCOUVER, BC , March 18, 2024 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) ("WELL" or the "Company"), a digital healthcare company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce that the Company will release its Fiscal Fourth Quarter and Year End 2023 financial results for the period ended... Read More

OceanMD, Canada's leading digital health interoperability platform has scaled to include over 4,700 clinics and hospitals throughout Canada , with more than 37,000 active users 1 on the platform. This represents 78% YoY growth in total sites and 65% YoY growth in active users. Over 1.2 million referrals are sent on the Ocean Platform annually 2 , reflecting 50% YoY growth. The Ocean network now includes nine of the ten... Read More

WELL continues to focus on integrating and streamlining its operating businesses and is pleased to provide a number of related updates that supports its goal of improved profitable growth. All of WELL's Canadian clinical operating businesses including primary care, executive health, allied health, Longevity+ and MyHealth Centre specialized care offerings are included as part of the WELL Clinics Corp Operating entity and will... Read More

WELL has created a dedicated public sector focused group to support large scale health systems and care delivery networks that underpin the public sector. The objective of this group is to combine and deliver product offerings that are specifically suited for public sector's unique scale and requirements. WELL's public sector offerings leverage WELL's operating strengths which include Canada's leading provider-centric... Read More

VANCOUVER, BC , Feb. 1, 2024 /CNW/ - WELL Health Technologies Corp. (" WELL "), of 550-375 Water Street, Vancouver, B.C. , V6B 5C6, issues this press release as required by National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and National Instrument 62-104 – Take Over Bids and Issuer Bids with respect to the acquisition of securities in HEALWELL AI Inc. (the " Company... Read More

The newly funded facility continues to be led and managed by JPMorgan Chase Bank, N.A. and includes a primary $175M credit facility, with an additional $125M accordion for future growth and flexibility and includes two new syndicate members. There were no material changes from the terms of the previous credit facility, exemplifying continued strong financial performance. VANCOUVER , BC and ATLANTA , Jan. 31, 2024 /CNW/ -... Read More

HEALWELL enters into agreement to acquire Intrahealth, a SaaS based enterprise class multi-national EHR (Electronic Health Record) provider supporting approximately 15,000 clinicians providing care for millions of patients from small clinics to large health delivery organizations in its global network across Canada, Australia and New Zealand. Intrahealth is expected to generate over $12 million in revenues in 2024, which... Read More

WELL expects to announce positive EPS or Earnings Per Share on an adjusted and unadjusted basis for Q4-2023. 1 WELL expects to announce its 20 th consecutive quarter of record quarterly revenue in Q4-2023, underpinned by record care metrics which includes record patient visits of over 1.22 million and almost 1.87 million Total Care Interactions in the quarter with both metrics representing 18% sequential QoQ growth. 2,3 This... Read More

WELL's clinic recruitment, absorption and acquisition program has demonstrated substantial growth and capital efficiency having added two Canadian clinics in Q4-2023 generating approximately $28 million in annualized revenues for total consideration of less than $400,000 and are expected to positively contribute to EBITDA in 2024. WELL now operates 167 clinics in 98 facilities across Canada WELL has initiated an... Read More

WELL has been independently certified as a Great Place to Work® by Great Place to Work Institute® Canada , an achievement that reflects the company's strong commitment to creating a workplace culture centered on trust, inclusivity, and employee well-being, aligning with its 'Healthy Place to Work' ESG strategy pillar. Three of WELL's portfolio companies, Insig, Adracare, and OceanMD, have achieved ISO 27001 certification,... Read More

WELL Health Medical and Longevity Centres and the Vancouver Canucks elevate player health and fan experience through unique partnership. The partnership ushers in a new standard of healthcare for athletes with WELL Health Medical & Longevity Centres providing comprehensive care including advanced diagnostic imaging, pain management, sport cardiology, and the innovative WELL Longevity+ program for preventative care to players... Read More

HEALWELL completes acquisition of a majority stake of Pentavere, a healthcare artificial intelligence (AI) company who has built a best-in-class AI engine to help solve some of healthcare’s toughest data challenges. Pentavere has developed and validated leading capabilities in data structuring and abstraction; a key capability to unlocking clinical value and unmet needs for patients and providers. The Pentavere acquisition... Read More

WELL Ventures is pleased to report that its portfolio companies continue to raise funds at attractive valuations with high quality capital allocators globally. Sun Life has invested $9.5 million in Pillway, a move that reinforces the value of Pillway's digital pharmacy platform within Sun Life's benefits management program. WELL Ventures has completed a new investment in ORX AI, a company that is leveraging advanced AI to... Read More

WELL launches WELL AI Inbox Admin, a powerful AI-powered system that creates efficient custom workflows to help optimize clinical operations and manage incoming documents such as faxes which are still prevalent in Canada's healthcare ecosystem. WELL AI Inbox Admin seamlessly integrates with 'EMR' or Electronic Medical Records systems such as WELL's OSCARPro EMR, enabling quick patient information retrieval and the ability to... Read More

HEALWELL enters into agreement to acquire a majority stake of Pentavere, a healthcare artificial intelligence (AI) company whose DARWEN™ AI technology has been validated by some of the largest pharmaceutical companies in the world and whose research and validation has been published by some of the most prestigious publications globally. Pentavere has developed and validated best in class capabilities in data structuring and... Read More

HEALWELL AI (formerly known as MCI Onehealth Technologies Inc.), achieved revenue of $2.8 million from continuing operations in Q3-2023. Subsequent to the end of the quarter, HEALWELL completed a strategic transaction with WELL Health Technologies Corp. (TSX: WELL) (“WELL”), resulting in the sale of a significant portion of HEALWELL’s clinical assets to a wholly owned subsidiary of WELL and the re-capitalization of the... Read More

WELL achieved record quarterly revenues of $204.5 million and record Adjusted EBITDA (1) of $28.2 million in Q3-2023. This was WELL's 19 th consecutive quarter of record revenue performance. WELL surpassed a total of 1.03 million patient visits ( 2) in Q3-2023, and the Company achieved almost 1.58 million total care interactions (2) representing approximately 6.32 million care interactions on an annualized run-rate basis.... Read More

HEALWELL has made a strategic investment in doctorly GmbH ("doctorly"), an innovative provider of comprehensive practice management software based in Germany as part of doctorly’s recently completed new round of funding. HEALWELL has also entered into a strategic alliance agreement with doctorly which provides HEALWELL with access to doctorly’s rapidly growing healthcare provider base and facilitates healthcare provider... Read More

WELL Health announces the launch of the WELL Longevity+ Program, enhancing preventative health with advanced precision diagnostics and AI technologies for the early detection of serious health conditions. The WELL Longevity+ preventative care program uses the latest cutting-edge diagnostic technology to dramatically improve early diagnosis of major chronic diseases, which are often the leading causes of death and disability,... Read More

WELL expects to announce record quarterly revenue in Q3-2023, underpinned by record care metrics which includes record patient visits 1 of over 1.03 million and almost 1.58 million Total Care Interactions 3 , which now includes Billed Provider Hours. This quarter's strong performance was driven by organic growth as well as a full quarter of recently announced acquisitions. Q3-2023 will be WELL's 19th consecutive quarter of... Read More

WELL's Cybersecurity Business Unit, Cycura, has acquired Seekintoo, a provider of Cybersecurity Operations Center services, ensuring enterprise clients receive 24/7 vigilant threat protection through managed detection. Cycura has also acquired Proack, a premier provider of offensive security assessments, including high quality penetration testing, red teaming, social engineering, and infrastructure testing. WELL is pleased... Read More

WELL announces the launch of WELL AI Decision Support, to assist healthcare providers in improving early disease diagnosis and preventative health. WELL is exclusively partnering with HEALWELL AI, a leader in AI enabled disease diagnosis to power its solutions both in Canada and the US. WELL's goal is to make AI Enabled Decision Support a core offering to all physicians supported by its fully managed and SaaS platforms which... Read More

WELL Health completes the previously announced acquisition of HEALWELL's performing clinical assets in Ontario adding more than $21 million in yearly revenues to WELL's clinical business. WELL Health invests $4 million as the lead investor of HEALWELL's convertible debenture offering of $10M . WELL becomes the largest shareholder of HEALWELL on an as-converted basis. WELL Health and HEALWELL forge strategic alliance to... Read More

Orion Health is a leading open healthcare platform provider committed to unifying data across complex health systems serving 12 countries and over 60 health systems. Orion Health and WELL announced that they are collaborating on enhancing product offerings by leveraging each other's platforms in order to deliver more robust offerings for health systems around the world. VANCOUVER, BC and TORONTO , Sept. 8, 2023 /CNW/ - WELL... Read More

WELL achieved record quarterly revenues of $170.9 million and record Adjusted EBITDA (1) of $27.8 million in Q2-2023. This was WELL's 18 th consecutive quarter of record revenue performance. WELL surpassed a total of 1 million patient visits ( 2) for the first time in Q2-2023. The Company also almost achieved 1.5 million total patient interactions (2) representing approximately 5.9 million patient interactions on an... Read More

WELL's subsidiary OceanMD has signed a $38.5 million contract with British Columbia's Provincial Health Services Authority to provide an array of digital services, such as eReferrals, eConsults, and eOrders to help further empower providers with best-in-class digital interoperability tools. This is the third Canadian province, in addition to Ontario and Nova Scotia , that has materially partnered with OceanMD to enable... Read More

WELL expects to announce another record performance with over 1 million total patient visits 1 and almost 1.5 million total patient interactions 2 in Q2-2023. This is the first quarter where WELL has exceeded 1 million patient visits, setting a remarkable record for the Company. Driven by the record patient volumes, WELL also expects to announce record revenues for Q2-2023, with strong performances from its Canadian Primary... Read More

WELL Health announced that it has re-branded CRH Medical Corporation as WELL Health USA . WELL Health USA's goal is to mirror WELL's mission of tech enabling care providers in the United States while digitizing and modernizing healthcare businesses. In addition, WELL Health USA will leverage its deep US based healthcare expertise and structural advantages to create a whole new category of shared services that will benefit... Read More

WELL is entering into a strategic alliance with MCI that includes the acquisition of certain clinic assets of MCI that are expected to generate annual revenues of more than $21M and contribute positive EBITDA in fiscal year 2024. WELL will also lead a new round of investment into MCI, which will be strategically focused on its leading AI, Data Science and Rare & Complex Disease Detection Platform. WELL and MCI will enter... Read More

WELL has completed the acquisition of Atlanta based CarePlus Management ("CarePlus") through its CRH Medical subsidiary The acquisition of CarePlus provides CRH with a platform for provider recruitment and locum tenens staffing. The acquisition will also expand CRH's US geographical footprint of Anesthesia providers and add revenue cycle management (RCM) services. CarePlus positions CRH to provide more shared services to... Read More

WELL's strategy to deliver societal value is primarily focused on empowering and supporting healthcare providers to deliver the best patient outcomes humanly possible. Key Highlights from the new ESG report include: increased digitization and efficiency in our care delivery using AI and other leading-edge technologies, our enhanced efforts to help the healthcare industry improve its security and privacy posture and a... Read More

CRH Medical has made a strategic investment in Graphium Health a leading EMR or Electronic Medical Records company focused on Anesthesia Practices. The investment is part of a Strategic Alliance designed to further digitize and modernize CRH's billing and back-office processes. Based on a recent pilot project with Graphium Health, CRH has demonstrated that it improved its time to capture billable charges by 58% or 5.6 days... Read More

VANCOUVER, BC , June 16, 2023 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (the " Company " or " WELL "), company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce that at its annual general and special meeting held June 15, 2023 (the " Meeting "), all of the nominees for election as directors of the Company... Read More

VANCOUVER, BC , June 2, 2023 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) ("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 a team from WELL Health including Hamed Shahbazi , Founder and CEO, will be participating in the Eight Capital innoVIII: AI:... Read More

VANCOUVER, BC , May 31, 2023 /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, announced today that it has entered into an automatic share purchase plan (" ASPP ") with a broker in order to facilitate repurchases of the Company's common shares (" Common... Read More

VANCOUVER, BC , May 31, 2023 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) (" 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 the Notice of Intention to Make a Normal Course Issuer Bid (" NCIB ") it filed with the Toronto Stock Exchange... Read More

WELL Health is acquiring five multi-disciplinary primary care clinics based in Calgary, Alberta from MCI Onehealth. The five clinics include over 50 physicians and based on historical results, WELL expects the assets to contribute approximately $10M in revenue. WELL will pay $2.0 million , subject to post-closing adjustments and holdbacks. VANCOUVER, BC , May 19, 2023 /CNW/ - WELL Health Technologies Corp. (TSX: WELL)... Read More

WELL achieved record quarterly revenues of $169.4 million in Q1-2023, an increase of 34% as compared to Q1-2022 driven by accelerating organic growth of 21%. WELL achieved Adjusted EBITDA (1) of $26.7 million in Q1-2023, an increase of 14% as compared to Q1-2022. WELL achieved a total of 1.4 million patient interactions (3) in Q1-2023 representing an annualized run-rate of approximately 5.6 million. WELL increases its 2023... Read More

WELL AI Voice is a transformational product that leverages generative AI to dramatically reduce a provider's administrative burden by privately and securely capturing a patient encounter conversation and automatically generating a succinct and medically relevant chart note giving doctors up to 30% of their practicing time back. WELL AI Voice is the first of many future products/services launched under the new WELLHealth.ai... Read More

VANCOUVER, BC , May 5, 2023 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) (" 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 the Company will release its First Quarter 2023 financial results for the period ended March 31, 2023, on Friday, May... Read More

WELL expects to announce another record performance for total patient interactions 1 of ~1.4 million in Q1-2023 reflecting a YoY increase of approximately 27%, primarily driven by organic growth. WELL also achieved combined 975,500 patient visits 2 in Canada and the United States for Q1-2023, an increase of 25% as compared to Q1-2022. WELL's patient interactions 1 and patient visits 2 metrics are an important leading... Read More

WELL to invest in and help proliferate AI inspired applications that support healthcare providers with next generation tools. WELL's goal is to make a minimum of 10 AI related investments of at least $250k each. VANCOUVER, BC and TORONTO , April 26, 2023 /CNW/ - WELL Ventures a subsidiary of WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) (the " Company " or " WELL "), a digital healthcare company focused on... Read More

OceanMD, a subsidiary of WELL Health Technologies, has been selected by the Province of Nova Scotia to make surgical consult referrals easier and reduce wait times for patients. The eReferral software will allow primary care providers to send their requests to surgeons through the Ocean e-Referral network instead of faxing, emailing or mailing. Ocean's industry leading e-Referral network is now powering more than 1M patient... Read More

Speaking on a healthcare related panel at the Laurentian Bank Securities Diversified Virtual Technology Conference on April 12 th . Presenting the Company at the Bloom Burton & Co. Healthcare Investor Conference on April 26 th . VANCOUVER, BC , March 31, 2023 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) ("WELL" or the "Company"), a company focused on positively impacting health outcomes by leveraging... Read More

WELL achieved record annual revenue of $569.1 million for 2022, an increase of 88% compared to the prior year. WELL achieved record quarterly revenues of $156.5 million in Q4-2022, an increase of 35% as compared to Q4-2021. For the full year, WELL achieved record annual Adjusted EBITDA of $104.6 million , an increase of 73% as compared to 2021. WELL achieved Adjusted EBITDA (1) of $27.2 million in Q4-2022, an increase of 6%... Read More

VANCOUVER, BC , March 14, 2023 /CNW/ - W ELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) ("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 the Company will release its Fiscal Fourth Quarter and Year End 2022 financial results for the period ended December... Read More

doctorly GmbH ("doctorly"), is an innovative provider of comprehensive practice management software based in Germany . WELL Ventures, the venture capital arm of WELL, is leading an investment round in doctorly alongside Horizons Ventures and a syndicate of leading venture capital firms. As part of the investment and strategic alliance agreements, the Ocean platform, created by WELL's wholly owned subsidiary, CognisantMD,... Read More

WELL's Omni-channel patient visits 1 and interactions metrics are an important leading indicator to demonstrate the health of WELL's operational and financial performance. The Company expects to announce another record performance for total omni-channel patient visits 1 in Q4-2022 reflecting approximately a YoY increase of 42% and a QoQ growth of 11%. WELL's growth was primarily driven by organic growth. The Company also... Read More

VANCOUVER, BC , Feb. 17, 2023 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) (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 it has established a combined goal of donating $50,000 to support the Red Cross in its efforts to support the millions of Turkish... Read More

The Ontario Government announced a multi-pronged strategy to reduce wait-times by partnering with independent service providers for Ontarians in several areas including areas associated with MRI, CT, colonoscopy, and endoscopy services. WELL's Ontario based MyHealth Partners is the largest single license holder and service provider for Specialty clinics providing diagnostics in the province of Ontario and is keen to support... Read More