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WELL Makes Investment in doctorly and Launches Strategic Alliance, to tech enable German Doctors
WELL Makes Investment in doctorly and Launches Strategic Alliance, to tech enable German Doctors ...
About this update from Well Health Technologies Corp.
[{"type":"text","content":"\n \n \n \n WELL Makes Investment in doctorly and Launches Strategic Alliance, to tech enable German Doctors\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 doctorly GmbH (\"\n \n doctorly\"\n \n ), is an innovative provider of comprehensive practice management software based in\n \n Germany\n \n .\n \n \n WELL Ventures, the venture capital arm of WELL, is leading an investment round in doctorly alongside Horizons Ventures and a syndicate of leading venture capital firms.\n \n \n As part of the investment and strategic alliance agreements, the Ocean platform, created by WELL's wholly owned subsidiary, CognisantMD, will be used as the exclusive booking and practice engagement platform for doctorly. This will be WELL's first commercial launch into the European market.\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n March 1, 2023\n \n \n /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) (Frankfurt: W7V.F) (\"\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 providers and their patients globally, is pleased to announce it has made a strategic investment, through its wholly owned subsidiary, WELL Ventures, in doctorly GmbH (\"\n \n doctorly\n \n \"), a medical practice management software provider based in\n \n Germany\n \n . WELL Ventures is investing as part of a syndicate of investors including of some of the world's most renowned venture capital firms such as Horizons Ventures, The Delta Force AG, Speedinvest, UNIQA Ventures, Calm Storm and Seedcamp.\n \n \n \n \n \n \n \n \n \n doctorly was founded in 2018 to overhaul the highly regulated medical practice software industry. doctorly's home market of\n \n Germany\n \n still heavily relies on software built in the 1980's and lags behind global competitors. Antiquated software and a lack of innovation has led to material inefficiencies. According to the Kassenärztliche Bundesvereinigung' (\"\n \n KBV\n \n \"), the regulator for state practicin...