WELL is an active acquirer of both digital assets and primary healthcare services. Our acquisition targets are highly accretive physical and digital assets. We are the largest single chain of primary healthcare clinics in British Columbia, which gives WELL both the scale and experience necessary to integrate, optimize, and ultimately productize effectively.
The current healthcare industry suffers significantly from interoperability challenges. Although acquisitions help us obtain many of the important pieces needed, it is essential that they work well within the context of primary healthcare practices. By focusing on the integration of technology into its own practice’s existing EMR and daily operations, we can reduce integration and implementation friction at the point of care.
Implementation in our own clinic network creates a real-time feedback loop allowing for iterative development and improvement of our software and technology solutions. Patient and healthcare professional feedback provides invaluable insight allowing for optimization of our products and services.
WELL strongly believes in sharing our findings and innovations with the rest of the world. Once optimized, WELL can productize and package its solutions and offer them to clinics and healthcare providers outside of our clinic network. This allows clinics who are struggling with many of the same primary healthcare challenges to benefit from our efforts.
Advancing Canada’s healthcare system is achieved by addressing its main problem: fragmentation. In smaller scale clinics, patients are often unattached and as a result are the recipients of inconsistent care. Through productization, we expand our reach and increase the scale of our business. A larger network creates the opportunity for the secure permissions-based sharing of patient healthcare records within each patient’s personal healthcare network and reduction of healthcare record fragmentation. This creates opportunities for personalized care which in turn improves healthcare outcomes.