Welcome to our dedicated page for Well Health Tech news (Ticker: WHTCF), a resource for investors and traders seeking the latest updates and insights on Well Health Tech stock.
WELL Health Technologies Corp. reports developments across a Canadian outpatient healthcare platform, digital health software and related technology-enabled services. The company operates a large owned clinic network in Canada and reports recurring updates on patient visits, Canadian Patient Services, primary care and specialty care performance, acquisitions, clinic transformation activity and financial results.
WELL’s news also covers WELLSTAR healthcare technology products, including electronic medical records, AI-powered clinical tools, patient engagement, eReferral and IT managed services. Other recurring themes include HEALWELL AI, CYBERWELL cybersecurity services, virtual cardiology through CardiologyNow, partnerships for remote cardiac monitoring, conference participation and financing capacity for the company’s healthcare operations.
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WELL Health Technologies Corp.'s subsidiary, CRH Medical, has made a strategic investment in Graphium Health, a leading EMR provider for anesthesia practices. This investment is part of CRH's ongoing efforts to digitize and modernize its billing and back-office processes. A recent pilot project with Graphium demonstrated significant improvements, including a 58% reduction in time to capture billable charges and a 24% reduction in overall accounts receivable balance at pilot sites.
CRH plans to expand this initiative to at least 54 additional ambulatory surgical centers over the next three years. The investment aligns with WELL's original thesis for acquiring CRH, emphasizing the realization of digitization benefits across the CRH Medical platform. This strategic move is expected to drive improved collections and enhance data mining capabilities for better analytics across the platform.
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