Investment Thesis
Well Health Technologies (WLYYF or WELL) is a Canadian owner and operator of a portfolio of primary healthcare facilities (i.e. medical clinics) and EMR software (i.e. Electronic Medical Record software). The company has an interesting business model whereby it looks to consolidate the fragmented primary healthcare clinic space along with vertical integration via acquisition of EMR and other health IT technologies. The goal is to drive operational efficiencies by creating shared service capabilities and through the use of technology with the thesis that most Canadian clinics lag behind when it comes to