Business
WELL Health Provides Corporate Update Highlighting Canadian Clinics Growth Momentum and Record Pipeline of Canadian Public Sector Business Opportunities Amidst Surge of 'Buy Canadian' Sentiment
WELL Health Provides Corporate Update Highlighting Canadian Clinics Growth Momentum and Record Pi...
About this update from Well Health Technologies Corp.
[{"type":"text","content":"\n\n\n\n WELL Health Provides Corporate Update Highlighting Canadian Clinics Growth Momentum and Record Pipeline of Canadian Public Sector Business Opportunities Amidst Surge of 'Buy Canadian' Sentiment\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.prnsbbb1{\nBORDER-BOTTOM:black 1pt\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnsbtb1{\nBORDER-TOP:black 1pt\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnrbrb1{\nBORDER-RIGHT:black 1pt\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n WELL announces it has added 11 clinics to its Canadian Clinics network since\n \n February 1, 2025\n \n . This included 9 acquired clinics and 2 absorbed clinics. The combined revenues from the added clinics is approximately\n \n $29 million\n \n with\n \n $2 million\n \n of EBITDA.\n \n\n WELL Canadian clinics grew organically at 24% for the full year in 2024. This figure included 12% in same clinic revenue growth and 12% in organic absorption.\n \n\n WELL highlights that its pipeline of Canadian public sector opportunities for technology services is now tracking almost 70 separate opportunities across all Canadian provinces and federally worth more than\n \n $300M\n \n in deal size\n \n (1)\n \n . This figure reflects more than triple the size of its public sector pipeline one year ago and represents the largest public sector opportunity pipeline in the Company's history.\n \n\n WELL's combined Canadian Clinic acquisition growth pipeline currently includes 34 opportunities generating\n \n $450M\n \n in revenues.\n \n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n March 4, 2025\n \n\n /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) (\"\n \n WELL\n \n \" or the \"\n \n Company\n \n \"), a digital healthcare company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients glob...