- WELL invests in and supports the adoption of AI-inspired applications that support healthcare providers with next-generation tools.
- WELL’s goal is to make at least 10 AI-related investments. $250,000 each.
Vancouver, British Columbia and Toronto, April 26, 2023 /PRNewswire/ – WELL Ventures is a subsidiary of WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) (“company” again “good“) is a digital healthcare company focused on using technology to positively impact health outcomes by empowering healthcare professionals and their patients around the world, powered by artificial intelligence (“AI ) and its applications to help support healthcare providers with next-generation tools.
The WELL AI Investment Program will focus on early-stage AI companies that demonstrate promising innovation, offering innovative tools or technologies designed to help improve efficiency and accuracy and ultimately provide better patients. A clear focus on the use of AI technology that can assist healthcare providers in applications. result. Data protection and cybersecurity applications are also considered. This is because it is an important part of WELL’s Practitioner Assistance Platform.
“The pervasiveness of AI technology in healthcare is likely to increase in terms of providing and supporting healthcare providers with tools that can help significantly improve patient outcomes while improving the accuracy, efficiency and proactiveness of care. It brings the most transformative technology ever seen.” Hamed Shabazi, Founder and CEO of WELL Health Technologies. “WELL wants to ensure that we are at the forefront of this movement, not only as a developer and user of AI, but also as a partner to other innovative companies looking to advance the medical technology industry. What makes the AI investment program unique, in addition to being the first healthcare-centric AI investment program, CanadaIn other words, WELL will not only provide capital, but also leverage its products, distribution, and scale and scale to accelerate the adoption of AI-inspired, best-health-focused technology. that’s what you’re aiming for. “
The WELL AI Investment Program not only provides funding to investees, but also provides extensive support from WELL’s ecosystem to develop, test, refine, protect, de-risk, and invest in Canada’s most promising technologies. Helping you integrate into the healthcare ecosystem at scale. In addition, WELL will provide investees with access to over 23,000 care providers leveraging the apps.health ecosystem operated by the Provider Solutions Business Unit.
In recognition of WELL’s longstanding collaboration with Canada Health Infoway (Infoway), an independent, federally funded non-profit organization, Infoway has announced interoperability as part of the WELL AI Investment Program in Canadian Startups. Work with WELL to facilitate. Infoway provides guidance on security, privacy, interoperability, and other data standards. This partnership ensures that the resulting products and services meet standards across Canada and effectively meet the needs of healthcare providers and patients.
Through its investment program, WELL’s aims to achieve:
- Make at least 10 AI-related investments $250,000 Each of the companies advancing healthcare applications and protecting data.
- Ensure each investee has a strategic partnership agreement with WELL that enables them to benefit from WELL’s healthcare ecosystem, including:
- Its apps.health ecosystem is Canada’s The only app marketplace for integrated EMR apps; and/or
- Access to a network of over 23,000 providers supported by WELL’s digital and service tools and over 2,800 providers operating internally in WELL’s own patient service business.
WELL Ventures has already raised sufficient funding to make these investments directly from WELL’s overall financial position. There is no clear timeline for these investments, but WELL plans to make a number of these investments in 2023.
WELL is a technology-enabled healthcare leader in Canada and, through WELL Ventures, is already an early-stage company focused on providing tools and enablement (including AI) to Canadian healthcare providers. We make a lot of investments. Canadathe United States, and overseas.
For more information on the WELL AI investment program or to express your interest, please email us. [email protected] For more information on WELL Ventures, please visit https://well.ventures.
About Well Health Technologies
WELL is a practitioner-centric digital healthcare company. WELL’s overarching mission is to use technology to empower healthcare professionals and their patients around the world to positively impact health outcomes. WELL exists to provide healthcare professionals with access to best-in-class technology and services. WELL has built the most comprehensive end-to-end healthcare system. Canada It includes the nation’s largest network of clinics supporting primary care, specialty care and diagnostic services.of usa, WELL provides omnichannel healthcare services and solutions for specialty markets such as gastrointestinal, women’s health, primary care and psychiatric disorders. In addition to providing patient services, WELL develops, integrates, and markets a proprietary suite of technology software and solutions to medical clinics and healthcare professionals. WELL’s practitioner support platforms include electronic medical records (“EMR”), telemedicine platforms, practice management, billing, revenue cycle management (“RCM”), digital health apps and data protection solutions. WELL is traded on the Toronto Stock Exchange under the symbol “WELL” and on the OTC Exchange under the symbol “WHTCF”. For more information about the company, please visit www.well.company.
Source WELL Health Technologies Corp.
