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WELL Health Technologies Corp. - $WHTCF STOCK NEWS

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

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.

Rhea-AI Summary
WELL Health Technologies Corp. announces the launch of WELL AI Decision Support, a new service for healthcare providers in partnership with HEALWELL AI.
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Rhea-AI Sentiment
End-of-Day
-2.4%
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AI
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Rhea-AI Summary
WELL Health completes acquisition of HEALWELL's clinical assets in Ontario, adding over $21 million in yearly revenues. WELL invests $4 million in HEALWELL's convertible debenture offering. Strategic alliance formed to position HEALWELL as a healthcare technology leader. WELL appoints two representatives to HEALWELL's Board of Directors.
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Rhea-AI Sentiment
End-of-Day
0.95%
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Rhea-AI Summary
WELL Health Technologies Corp. and Orion Health announce strategic global partnership to enhance health integration tools
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-- %
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partnership
Rhea-AI Summary
WELL Health Technologies Corp. (TSX: WELL) achieved record quarterly revenues of $170.9 million and record Adjusted EBITDA of $27.8 million in Q2-2023. The company surpassed 1 million patient visits for the first time and signed a $38.5 million contract for eReferral and eOrder technology services in British Columbia. WELL upgraded its 2023 revenue guidance to be in the upper half of $740 million to $760 million. The company also announced several key initiatives related to Artificial Intelligence, including WELL AI Voice and the WELL AI Investment Program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.49%
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none
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Rhea-AI Summary
WELL's subsidiary OceanMD has signed a $38.5 million contract with British Columbia's Provincial Health Services Authority to provide digital healthcare services. The Ocean Platform will streamline healthcare processes, improve efficiency for providers, and grant patients easier access to their health data.
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Rhea-AI Sentiment
End-of-Day
5.49%
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none
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Rhea-AI Sentiment
End-of-Day
0.35%
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none
Rhea-AI Summary
WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) has re-branded CRH Medical Corporation as WELL Health USA, aiming to mirror its mission of tech enabling care providers in the US while digitizing and modernizing healthcare businesses. WELL Health USA is a highly profitable and rapidly growing multi-disciplinary healthcare business with operating run-rate revenues of approximately CAD$500 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
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none
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Rhea-AI Summary
WELL Health Technologies Corp. has entered into a strategic alliance with MCI Onehealth Technologies Inc. The alliance includes the acquisition of certain clinic assets of MCI, which are expected to generate annual revenues of over $21M. WELL will also lead a new round of investment into MCI, focusing on its AI and disease detection platform. The acquisition will position MCI as a key leader in the disease detection marketplace in Canada. WELL will acquire a significant portion of MCI's clinical assets, adding over 130 physicians to its network. The clinics are expected to contribute positive Adjusted EBITDA in 2024. WELL plans to integrate leading-edge software and workflows from its Practitioner Enablement Platform.
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End-of-Day
-3.29%
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End-of-Day
10.17%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
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WELL Health Technologies Corp.

OTC:WHTCF

WHTCF Rankings

WHTCF Stock Data

653.37M
225.69M
6.84%
4.56%
Offices of Physicians (except Mental Health Specialists)
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