WELL Health Improves Guidance Based on WELL Canada Achieving $100 Million in Annualized Adjusted EBITDA Run-Rate Ahead of Schedule
Summary
WELL Health says it reached its $100 million annualized Adjusted EBITDA run-rate goal for WELL Canada three quarters ahead of schedule. Strong organic growth and two immediately accretive acquisitions in Ontario and Québec drove the result. The company closed the OID Group and a majority stake in UnionMD, expanding its Canadian clinic network to about 270 locations. WELL expects the acquisitions to support further integration, synergies, and margin expansion across its healthcare platform.
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Healthcare Software
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Health Tech
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WELL Health Technologies Corp
$500M to $1B