- WELL Health Technologies (WELL, WHTCF) reported over 1.6 million patient visits in Q1 2025, a 24% year-over-year increase.
- Canadian clinics achieved a 30% YoY growth in patient visits, contributing significantly to the overall growth.
- Q1 2025 earnings to be released on May 14, 2025, with a conference call at 1:00 PM ET.
WELL Health Technologies Corp. (WELL, WHTCF), a leader in digital healthcare solutions, has announced record operational results for the first fiscal quarter of 2025. The company achieved over 1.6 million patient visits, marking a robust 24% year-over-year growth. This surge is spearheaded by substantial gains in its Canadian operations, which saw a 30% increase in patient visits, including a 12% rise from organic growth.
The company's innovative approach, integrating technology with healthcare delivery, has significantly improved both efficiency and patient outcomes. WELL's technology interactions grew by 53%, reaching 856,659, while billed provider hours increased by 53% to 132,146 hours, underscoring the effectiveness of their digital platforms.
On May 14, 2025, WELL will release its Q1 financial results and will hold a webcast at 1:00 PM ET to discuss the outcomes. Investors can join the call by dialing 1-800-717-1738 or register for the webcast through the company's website.
Despite a temporary deferred revenue impact of approximately $6.5 million due to IFRS regulations on its Circle Medical subsidiary, WELL remains optimistic about its continued growth trajectory, driven by both organic and inorganic strategies.
