STOCK TITAN
  1. Home
  2. News
  3. WHTCF

WELL Health Technologies Corp - WHTCF STOCK NEWS

Welcome to our dedicated news page for WELL Health Technologies (Ticker: WHTCF), a resource for investors and traders seeking the latest updates and insights on WELL Health Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect WELL Health Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of WELL Health Technologies's position in the market.

News
WELL Health Applauds Improvements in Reimbursement Recently Announced from Key Provinces and Speaks to Improvements in Organic Growth in its Primary Care Business
Rhea-AI Summary
WELL Health Technologies Corp. supports increased reimbursement rates in Ontario, Alberta, and Manitoba to enhance healthcare delivery. The provinces' investments aim to address inflation challenges and attract skilled physicians, benefiting WELL's clinic growth and organic expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
Tags
none
-
News
WELL Health to Announce Fourth Quarter and Year End 2023 Financial Results on March 21, 2024
Rhea-AI Summary
WELL Health Technologies Corp. will release its Fiscal Fourth Quarter and Year End 2023 financial results on March 21, 2024. The conference call will be hosted by Hamed Shahbazi, Chairman and CEO, and Eva Fong, CFO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.32%
Tags
earnings
-
News
WELL';s OceanMD Experiences Significant User Growth and Announces Upcoming Launch of New 'Health Messenger' to Help Care Providers Communicate Securely and Efficiently
Rhea-AI Summary
WELL Health Technologies Corp. announces significant growth milestones for its subsidiary, OceanMD, with over 4,700 clinics and hospitals and 37,000 active users in Canada. The company saw 78% YoY growth in total sites and 65% YoY growth in active users. Ocean Platform sends over 1.2 million referrals annually, reflecting a 50% YoY increase. The upcoming launch of Health Messenger in Q2-2024 aims to improve healthcare provider-patient communications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
Tags
none
News
WELL Provides Integration Update with Focus on Streamlining Business Operations for Improved Profitable Growth
Rhea-AI Summary
WELL Health Technologies Corp. announces integration update to streamline operations and drive profitable growth. The company restructures its business into three key components overseen by key leaders to enhance synergies and innovation. The PR highlights revenue forecasts, cost optimization programs, and strategic initiatives for growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
Tags
none
-
News
WELL Health Announces the Creation of a Dedicated Public Sector Group to Help Tech Enable Public Health Systems Operating at Scale
Rhea-AI Summary
WELL Health Technologies Corp. has announced the creation of a dedicated public sector group to provide support to large scale health systems and care delivery networks in Canada. The company aims to combine and deliver product offerings specifically suited for the public sector's unique scale and requirements, leveraging its operating strengths, including Canada's leading provider-centric technology platform and the largest network of outpatient clinics in the country. WELL has appointed Shane Sabatino as head of public sector partnerships to oversee this division.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
Tags
none
-
News
WELL Health USA Announces Successful Refinancing of US $300M Credit Facility with JPMorgan Chase Bank, N.A., Demonstrating a Healthy Balance Sheet and Substantial Room for Growth
Rhea-AI Summary
WELL Health Technologies Corp. (WELL) has successfully closed the refinancing of a new credit facility for its subsidiary, WELL Health USA. The facility, led by JPMorgan Chase Bank, N.A., includes a primary $175M credit facility with an additional $125M accordion for future growth. The refinanced credit facility matures in three years and carries a floating interest rate. The arrangement enhances WELL USA's financial flexibility, essential for executing its strategic growth plans and maintaining its commitment to financial discipline. The syndicate includes JPMorgan Chase Bank, N.A., CIBC, HSBC Canada, The Bank of Nova Scotia, The Bank of Montreal, and The Export Development Corporation. The CEO, Hamed Shahbazi, expressed gratitude for the support and leadership of the syndicate members.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
News
WELL Health Announces Record Patient Visits and Total Care Interactions for Q4-2023 and Projects Record Revenue and Positive EPS for the Quarter
Rhea-AI Summary
WELL Health Technologies Corp. expects to announce record quarterly revenue and positive EPS for Q4-2023. The company achieved its 20th consecutive quarter of record quarterly revenue, driven by double-digit YoY organic growth and inorganic growth in both US and Canadian patient visits. The BC clinics achieved a record Net Promoter Score of 80% in Q4-2023 compared to the industry average of 34% for the Canadian healthcare sector. WELL's patient visits and Total Care Interactions metrics are expected to report record revenue for Q4-2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.65%
Tags
none
-
News
WELL Health Provides Business Update Demonstrating Focus on Profitable and Capital Efficient Growth
Rhea-AI Summary
WELL Health Technologies Corp. (WELL) has announced substantial growth through its clinic recruitment, absorption, and acquisition program, adding two Canadian clinics generating $28 million in annualized revenues for less than $400,000 in Q4-2023. The company operates 167 clinics in 98 facilities across Canada and has initiated an enterprise-wide cost optimization initiative to improve cost efficiency and operating cash flow. Additionally, its subsidiary, OceanMD, has started a collaboration with the Provincial Health Services Authority in British Columbia, signaling significant growth opportunities in the public sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.83%
Tags
none
-
News
WELL Health Achieves Great Place to Work® Certification, and Strengthens Data Security with ISO 27001 Certifications
Rhea-AI Summary
WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) has been certified as a Great Place to Work® by Great Place to Work Institute® Canada, and three of its portfolio companies, Insig, Adracare, and OceanMD, have achieved ISO 27001 certification, reinforcing WELL's commitment to workplace culture, trust, inclusivity, and data protection in telehealth and digital patient engagement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.79%
Tags
none
News
WELL Health Selected by the Vancouver Canucks as Official Medical Services Provider
Rhea-AI Summary
WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) partners with Vancouver Canucks to provide advanced healthcare services, including WELL Longevity+ program for athletes and premium seat holders, as well as the launch of the WELL Health President's Club.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
Tags
none
Stock WHTCF logo
WELL Health Technologies Corp

OTC:WHTCF

WHTCF Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

WHTCF Stock Data

653.37M
225.69M
6.84%
4.56%
Offices of Physicians (except Mental Health Specialists)
Health Care and Social Assistance
Link
Canada
Vancouver