WELL Health Technologies is at it again.

The publicly traded company (TSX.V: WELL) focused on consolidating and modernizing clinical and digital assets within the healthcare sector, has acquired Trinity Healthcare Technologies (THT) is a mostly cash transaction for $7,225,000.

“We are excited to welcome the talented team at THT to the WELL Family. As Canada’s second largest OSCAR service provider, THT will be a key asset in our consolidation of the OSCAR EMR marketplace and substantially increases our footprint in Ontario with over 500 clinics in its service portfolio,” said Hamed Shahbazi, Chairman and CEO of WELL.

“THT is our fifth planned acquisition in Canada’s OSCAR EMR marketplace and further solidifies our position as the third largest EMR service provider in Canada supporting over 8,000 healthcare practitioners and their operations.”

OSCAR, an acronym for “Open Source Clinical Application Resource”, was developed by McMaster University Department of Family Medicine to inspire collaboration between the wide spectrum of health professionals with the goal to drive downstream benefits to patient care.

THT, founded in 2007 and based in Mississauga, is a provider of OSCAR based Electronic Medical Records (EMR) software and services and has more than 2,280 physicians and healthcare practitioners using its solutions.

Post acquisition, WELL will increase its EMR business to approximately 1,446 healthcare clinics servicing over 8,280 physicians and healthcare practitioners across Canada.

Before starting WELL Shahbazi founded TIO Networks which was acquired by PayPal in 2017 for $304 million.