Business
WELL Health Provides Business Updates on its US Based Businesses Reflecting Continued Organic and Inorganic Growth
WELL Health Provides Business Updates on its US Based Businesses Reflecting Continued Org...
About this update from Well Health Technologies Corp.
[{"type":"text","content":"\n \n \n \n WELL Health Provides Business Updates on its US Based Businesses Reflecting Continued Organic and Inorganic Growth\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n WELL's US based businesses continue to experience significant growth delivering their best performance ever with more than 105,000 patient visits in the month of\n \n January 2022\n \n delivered by more than 1,100 healthcare practitioners.\n \n \n \n \n Circle Medical and Wisp are now exceeding\n \n US$70M USD\n \n in combined run-rate ARR based on\n \n January 2022\n \n results. Both assets are exceeding 100% in combined YoY organic growth.\n \n \n \n \n WELL's wholly owned subsidiary, CRH Medical (\"\n \n CRH\n \n \"), opened its first Hemorrhoid banding clinic in the\n \n Chicago, IL.\n \n The clinic is performing ahead of plan and expected to generate positive cash flow in its first year. CRH expects to open seven more banding clinics across\n \n the United States\n \n this year.\n \n \n \n \n CRH has acquired Greater Connecticut Anesthesia Associates (\"\n \n GCAA\n \n \") in an all-cash deal. GCAA expects to generate annual revenue near\n \n US$6M\n \n , and EBITDA of more than\n \n US$3M\n \n .\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n March 15, 2022\n \n \n /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (\"\n \n WELL\n \n \" or the \"\n \n Company\n \n \"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to provide an update for its US operations.  The growth and momentum realized in 2021 continues to progress well into 2022, with WELL's US bu...