Business
WELL Health to Boost its Digital Health SaaS Revenue and to Expand EMR Business to International Markets with Proposed Acquisition of Intrahealth
WELL Health to Boost its Digital Health SaaS Revenue and to Expand EMR Business to Intern...
About this update from Well Health Technologies Corp.
[{"type":"text","content":"\n \n \n \n WELL Health to Boost its Digital Health SaaS Revenue and to Expand EMR Business to International Markets with Proposed Acquisition of Intrahealth\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.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnbcc{\nBORDER-TOP:0pt solid; BORDER-RIGHT:0pt solid; BORDER-COLLAPSE: COLLAPSE; BORDER-BOTTOM:0pt solid; BORDER-LEFT:0pt solid\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n \n Intrahealth is an enterprise class EMR\n \n (1)\n \n provider with a deep IP portfolio and a highly customizable platform that supports a myriad of healthcare settings including health authorities, hospitals, public health outpatient centres, community health, home care, ambulatory care and diverse health care professionals.\n \n \n Intrahealth supports approximately 15,000 clinicians providing care for millions of patients in its combined databases across its global network of\n \n Canada\n \n ,\n \n Australia\n \n and\n \n New Zealand\n \n .\n \n \n Over the past 12 months Intrahealth generated approximately\n \n $9M\n \n in revenues with over 20% in EBITDA margin\n \n (2)\n \n . Over 80% of Intrahealth's revenue is high margin recurring revenue.\n \n \n Intrahealth will be a transformational acquisition for the WELL EMR Group as it will transition the business unit from solely providing OSCAR\n \n (3)\n \n EMR services to being a provider of multiple EMR product offerings in global markets.\n \n \n WELL also anticipates integrating Intrahealth to the\n \n \n apps.health\n \n \n marketplace in the coming months, paving the way for third party app developers to have their digital health applications available on both OSCAR Pro and Intrahealth platforms.\n \n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n March 8, 2021\n \n /CNW/ -\n \n WELL Health Technologies Corp\n \n . (TSX: WELL) (\"\n \n WELL\n \n \" or the \"\n \n Company\n \n \"), a company focused on consolidating and modernizing clinical and digit...