Business
WELL Health Provides Update on Organic Growth of its US-Based Virtual Services Businesses
WELL Health Provides Update on Organic Growth of its US-Based Virtual Services Businesses...
About this update from Well Health Technologies Corp.
[{"type":"text","content":"\n \n \n \n WELL Health Provides Update on Organic Growth of its US-Based Virtual Services Businesses\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 \n Canada NewsWire\n \n \n \n \n \n WELL Health's US-based Virtual Services businesses, which includes Circle Medical and WISP, experienced sequential organic growth in revenues of 38% for the trailing three months ending\n \n November 2021\n \n and now exceeds an annualized revenue run rate of\n \n US$64 million\n \n .\n \n \n Circle Medical exceeded\n \n US$28 million\n \n in annualized revenue run rate in the month of November, which reflects greater than 195% in organic growth from the previous year and 70% sequential growth for the trailing three-month period ending\n \n November 2021\n \n .\n \n \n WISP exceeded\n \n US$36 million\n \n in annualized revenue run rate in the month of November, which reflects greater than 117% in organic growth from the previous year and 20% sequential growth for the trailing three-month period ending\n \n November 2021\n \n .\n \n \n Circle Medical looks to continue its growth through assisting its patients with primary care and behavioral health concerns. WISP's continued growth in 2022 is intended to come in part from the launch of its services in\n \n Canada\n \n where the company looks to launch its industry leading women's reproductive and sexual health-related products and services.\n \n \n \n \n VANCOUVER, BC\n \n and\n \n SAN FRANCISCO\n \n ,\n \n Dec. 9, 2021\n \n /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (the \"\n \n Company\n \n \" or \"\n \n WELL\n \n \"), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, today shares an update on the organic growth progress of its US-based virtual services line of business, including Circle Medical Technologies, Inc. (\"\n \n Circle Medical\n \n \") and Wisp Inc. (\"\n \n WISP\n \n \").\n \n \n \n \n \n \n \n \n \n \"WELL's US-based virtual services businesses have performed exceptionally well in the past few months,\" sa...