Business
WELL Health Provides Corporate Updates including a Ramp-up in M&A, and the Formation of its Provider Solutions Business Unit
WELL Health Provides Corporate Updates including a Ramp-up in M&A, and the Formation ...
About this update from Well Health Technologies Corp.
[{"type":"text","content":"\n \n \n \n WELL Health Provides Corporate Updates including a Ramp-up in M&A, and the Formation of its Provider Solutions Business Unit\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 \n \n \n \n \n WELL Health Provides Corporate Updates including a Ramp-up in M&A, and the Formation of its Provider Solutions Business Unit\n \n \n Canada NewsWire\n \n \n \n \n \n \n WELL's M&A Program is ramping up with multiple signed and actionable LOIs demonstrating its ability to execute on highly accretive capital allocation opportunities.\n \n \n \n \n WELL forms\n \n \n Provider Solutions Business Unit combining WELL EMR Group, Billing & RCM, and Digital Apps businesses into a robust practitioner enablement platform led by industry veterans\n \n Adam Hutton\n \n and\n \n Paulo Gomes\n \n .\n \n \n \n \n WELL launches comprehensive operating cost optimization initiative designed to derive greater synergies to improve operating cashflow\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n May 25, 2022\n \n \n /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) (the \"\n \n Company\n \n \" or \"\n \n WELL\n \n \") — a practitioner focused digital health company that is positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to provide a number of key business updates including a ramp-up in the Company's M&A program and the formation of its Provider Solutions Business Unit.\n \n \n \n \n \n \n \n \n \n \n WELL is Ramping up M&A and Increasing Its Efforts to Grow and Produce Cashflow:\n \n \n \n Following the completion of its recent oversubscribed bought deal private placement led by several large institutional investors, WELL confirms that it is ramping up its M&A program with multiple signed and actionable letters of intent (\"LOIs\"), demonstrating the Company's ability to execute on highly accretive capital allocation opportunities.\n \n \n \"We recently made the timely and important decision to add significant cash to our balance sheet. Additionally, WELL ha...