Business
WELL's Circle Medical Launches In New York State, Grows Revenue 346% YoY To Over US$20M Per Year and Plans To Be In 46 States By The End Of The Year
WELL's Circle Medical Launches In New York State, Grows Revenue 346% YoY To Over US$20M P...
About this update from Well Health Technologies Corp.
[{"type":"text","content":"\n \n \n \n WELL's Circle Medical Launches In New York State, Grows Revenue 346% YoY To Over US$20M Per Year and Plans To Be In 46 States By The End Of The Year\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 PR Newswire\n \n \n \n \n \n Circle Medical, a Silicon Valley based company that is majority owned by WELL, announces that it has launched in NY state with growth plans to have a presence in 46 states by the end of 2021.\n \n \n Circle Medical's current revenue run rate now exceeds\n \n US$20M\n \n reflecting 346% growth for the last month on a YoY basis and 275% growth for the last quarter on a YoY basis.\n \n \n Circle Medical is one of the first truly digital first Primary Care Practices in the US with 28,696 active patients, reflecting 191% YoY growth.\n \n \n Circle Medical now has 141 active care providers on the platform representing more than 644% YoY growth as compared to September of 2020.\n \n \n \n \n VANCOUVER, BC\n \n and\n \n SAN FRANCISCO\n \n ,\n \n Sept. 30, 2021\n \n /PRNewswire/ - 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, announced today that its majority owned business Circle Medical has launched in\n \n New York\n \n (NY) state with plans to be in 46 states of\n \n the United States\n \n by the end of the year.  Circle Medical is one of the first truly digital first primary care platforms in\n \n the United States\n \n , having cared for over 47,000 patients since inception.\n \n \n \n \n \n \n \n \n \n \"On behalf of the WELL team, we're excited to welcome Circle Medical to NY and witness their breakneck growth,\" said\n \n Hamed Shahbazi\n \n , CEO and Founder of WELL.  \"While other episodical focused telemedicine players are slowing down, Circle Medical's unique virtual primary care model is gaining speed and accelerating.  Circle Medical continues to make tremendous progress with its seamless onboarding process o...