Core Insights - HEALWELL AI Inc. and WELL Health Technologies Corp. have launched WELLTRUST™, a platform designed for secure, consent-driven patient identification for clinical research within WELL-operated clinics in Canada [1][10]. Company Overview - HEALWELL AI focuses on preventative care through healthcare artificial intelligence, aiming to improve healthcare outcomes by early disease detection and clinical decision support systems [7]. - WELL Health Technologies aims to empower healthcare providers through technology, operating over 240 clinics in Canada and serving more than 43,000 healthcare providers across North America [8]. Platform Features - WELLTRUST accelerates clinical research recruitment by allowing patients to consent to future outreach for clinical trials, combining WELL's clinical footprint with HEALWELL's AI capabilities [2][10]. - The platform provides a privacy-preserving infrastructure that enables ethical patient identification and research acceleration while allowing patients to opt-out if they choose [2][11]. - WELLTRUST includes a robust governance and compliance framework to meet Canadian privacy standards, facilitating partnerships with pharmaceutical sponsors and research organizations [11]. Leadership Commentary - Dr. Alexander Dobranowski from HEALWELL emphasized the platform's commitment to responsible AI in healthcare, aiming to enhance patient access to innovations while maintaining privacy [3]. - Dr. Michael Frankel from WELL highlighted the importance of technology in improving healthcare outcomes and empowering patients to participate in research safely [5].

VANCOUVER, British Columbia--(BUSINESS WIRE)--WELL Health Technologies Corp. (TSX: WELL, OTCQX: WHTCF) (the "Company†or "WELL†), a digital healthcare company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to provide a corporate update highlighting the expansion and extension of its senior secured credit facility and the completion of the strategic acquisition of a leading e-consult platform in Alberta, Ca ...

Core Insights - WELL Health Technologies Corp. has announced the completion of a previously announced Series by its majority-owned subsidiary WELLSTAR Technologies Corp. [1] Company Overview - WELL Health Technologies Corp. is a digital healthcare company focused on improving health outcomes through technology [1] - The company aims to empower healthcare practitioners and their patients globally [1] Subsidiary Information - WELLSTAR Technologies Corp. is a majority-owned subsidiary of WELL Health Technologies Corp. [1] - The completion of the Series indicates progress in WELLSTAR's operational and financial strategies [1]

Core Insights - WELL Health Technologies Corp. is experiencing strong momentum in its Canadian Patient Services business, driven by organic growth and improvements in clinic digitization [1] Group 1: Company Performance - The company is focused on leveraging technology to enhance health outcomes for healthcare practitioners and patients globally [1] - There have been meaningful improvements in clinic digitization, which is contributing to the overall growth of the business [1] Group 2: Business Strategy - The successful execution of the company's strategic plans is a key factor in its continued momentum [1]

Core Insights - WELL Health Technologies Corp. provides a corporate update on its subsidiary WELLSTAR Technologies, highlighting significant organic and inorganic growth, including a $62 million Series B financing round and strategic acquisitions [2][3][12]. WELLSTAR's Growth and Strategy - WELLSTAR has established itself as Canada's leading digital health platform, driven by organic growth and a growing recurring revenue base [3]. - The company aims for a potential public listing in 2026 while focusing on empowering clinicians with advanced digital tools [3]. OceanMD eReferral Platform - OceanMD has secured a significant eReferral contract, increasing WELLSTAR's Annual Recurring Revenue (ARR) by 16% [4][5]. - The platform now facilitates over 1.7 million eReferrals annually, supported by more than 20,000 physicians and 3,800 clinics across Canada [5][6]. - OceanMD has demonstrated improvements in patient care, including a 12% reduction in unnecessary MRIs and a 20% reduction in surgical wait times [7]. Recent Acquisitions - WELLSTAR has signed agreements to acquire two billing assets expected to generate approximately $4 million in annualized revenue with margins exceeding 20% [9]. - The acquisition of Mutuo Health Solutions enhances WELLSTAR's AI capabilities and aligns its products with clinical workflows [10]. Financial Performance - WELLSTAR reported Q3 revenue of $18.3 million, a 67% increase year-over-year, with organic growth of 26% [11]. - The company's ARR grew 63% year-over-year, indicating a scalable and durable business model [11]. Future Growth Plans - Following the $62 million financing, WELLSTAR is pursuing strategic acquisitions to expand its technology suite and aims for a $100 million annualized run rate [12]. - The company is actively advancing its M&A pipeline and has added a new member to its corporate development team [12].

Core Insights - WELL Health Technologies Corp. reported strong interim consolidated financial results for the quarter ended September 30, 2025, indicating positive growth and performance [1] Financial Performance - The company experienced significant growth in its financial metrics, reflecting a successful quarter driven by strategic initiatives [1] - Specific financial figures and percentage changes were not detailed in the provided text, but the overall performance was characterized as excellent [1] Strategic Focus - WELL Health Technologies is focused on leveraging technology to enhance health outcomes for healthcare practitioners and patients globally, emphasizing its commitment to digital healthcare solutions [1]

Core Insights - HEALWELL AI has completed strategic divestments to transition into a pure-play SaaS, services, and AI business focused on preventative healthcare [3][4][5] - The transactions include the sale of non-core assets to WELL Health Technologies Corp. and the establishment of a clinical research joint venture [3][4][5] Transaction Details - HEALWELL sold its Polyclinic Family Medicine and Specialty Clinics Group to WELL Clinics, which has managed these clinics since January 2024 [5][7] - The company divested its 58.66% interest in Mutuo Health Solutions to WELLSTAR Technologies, allowing HEALWELL to concentrate on its core digital healthcare solutions [5][8] - A 50/50 clinical research joint venture was formed with WELL Health Technologies, aimed at advancing clinical research initiatives [5][9] Financial Impact - The transactions are expected to add approximately $9.4 million in cash to HEALWELL's balance sheet upon closing [4] - HEALWELL's revenue run rate is projected to be around $120 million annually, with profitability on an Adjusted EBITDA basis [5] Strategic Focus - The company aims to enhance its focus on high-margin AI and software services for large enterprise customers globally [4][6] - HEALWELL is committed to integrating validated AI solutions with its healthcare software segment to achieve margin expansion and organic growth [6] Governance and Compliance - A special committee was formed to assess the transactions, ensuring fairness and compliance with regulations [10][11][15] - The transactions were approved under the TSX Company Manual and are exempt from certain formal valuation requirements due to their aggregate fair market value [16][17]

Core Points - WELL Health Technologies Corp. will announce its Fiscal Third Quarter 2025 financial results on November 6, 2025, before market opens [1] - A conference call will be held on the same day at 1:00 PM ET to discuss the results, hosted by the CEO and CFO [2][3] Company Overview - WELL Health is a digital healthcare company focused on improving health outcomes through technology, serving over 42,000 healthcare providers across the US and Canada [4] - The company operates the largest owned and operated healthcare ecosystem in Canada, with more than 220 clinics providing various healthcare services [4] - WELL's solutions target specialized markets in the US, including gastrointestinal health, women's health, primary care, and mental health [4]

Company Overview - WELL Health Technologies Corp. is a digital healthcare company focused on improving health outcomes through technology, operating over 220 clinics and supporting more than 42,000 healthcare providers across Canada and the US [5][6] - WELLSTAR Technologies Corp., a majority-owned subsidiary of WELL, is a leading provider of interoperable technology solutions for healthcare providers in Canada [1][6] Upcoming Conference Participation - WELL and WELLSTAR will participate in the 2025 Cantech Investment Conference on October 9, 2025, in Toronto, Ontario [1][3] - The conference will feature presentations from WELL's CEO Hamed Shahbazi and WELLSTAR's CEO Amir Javidan, focusing on WELL's growth strategy and WELLSTAR's technological capabilities [2][3] Presentation Details - WELL's presentation is scheduled for 1:30 PM EST, while WELLSTAR's presentation will take place at 4:00 PM EST on the same day [3] - The conference is seen as an opportunity to highlight the companies' progress and build relationships with the investment community [3][4] Strategic Focus - WELL aims to reduce administrative burdens, increase provider efficiency, and improve patient care through the use of WELLSTAR and HEALWELL AI technologies [3][4] - The company emphasizes its role as the largest provider of outpatient services in Canada, showcasing its comprehensive healthcare and digital platform [5][6]

Core Insights - HEALWELL AI Inc. reported a record revenue growth of 645% in Q2-2025, achieving quarterly revenue of $40.5 million compared to $5.4 million in Q2-2024, primarily driven by the acquisition of Orion Health [4][7][8] - The company achieved its first positive Adjusted EBITDA of $1.9 million in Q2-2025, a significant improvement from an Adjusted EBITDA loss of $3.7 million in Q2-2024, reflecting strong operational fundamentals [4][7][8] - HEALWELL's strategy is focused on becoming a pure-play software and services company, divesting its clinical research and patient services business units to enhance its AI and data science offerings [3][4][5] Financial Highlights - Revenue for Q2-2025 was $40.5 million, a 645% increase from $5.4 million in Q2-2024, with the Healthcare Software business experiencing a 1,064% year-over-year increase [4][7][13] - Gross Profit reached $21.3 million in Q2-2025, up 764% from $2.5 million in Q2-2024, resulting in a Gross Margin of 52.5%, compared to 45.2% in Q2-2024 [7][8][13] - The company had $19 million in cash as of June 30, 2025, an increase from $9.4 million at the end of 2024, positioning it well for future growth and acquisitions [5][7] Business and Operational Highlights - The acquisition of Orion Health, completed on April 1, 2025, is expected to contribute approximately $100 million in annual SaaS and services revenue, enhancing HEALWELL's global reach and customer base [4][7][8] - HEALWELL's AI segment achieved revenues of $5.1 million in the first half of 2025, representing a 223% year-over-year growth [8] - The company has identified several potential tuck-in M&A opportunities as part of its growth strategy [3][4] Strategic Initiatives - HEALWELL is focusing on integrating its AI solutions into public and private health systems, leveraging existing customer bases to accelerate adoption [3][4] - The company officially entered the U.S. healthcare market on June 11, 2025, launching AI-enabled tools targeting health systems and life sciences organizations [7][8] - The Board of Directors is exploring strategic alternatives for the clinical research and patient services business units to streamline operations and focus on high-margin software and services [4][5]