WELL Health Technologies has created a new subsidiary primarily focused on operating, investing in and/or unlocking opportunities associated with allied health offerings such as physiotherapy, rehabilitation, occupational therapy, chiropractic, dietary, mental health counselling and sleep related services.
Allied health professions are health care professions distinct from dentistry, nursing, medicine, and pharmacy. They provide a range of diagnostic, technical, therapeutic, and support services in connection with health care.
The new operating unit called WELL Health Allied Care will be initially overseen by WELL’s Chief Medical Officer Dr. Michael Frankel and supported by WELL’s professionally managed shared services teams.
“The overarching goal of WELL Allied is to empower allied health professionals with leading edge digital tools that allow them to advance their businesses and provide patients with the very best integrated care possible,” said Hamed Shahbazi, Chairman and CEO of WELL.
“We view allied health as an exciting opportunity to not only grow as a company but also improve continuity of care and positively impact health outcomes. WELL Allied is seeking to establish investments and commercial agreements with leading allied care providers from across Canada.”
WELL Allied is WELL’s fifth business unit, augmenting the company’s current business units: WELL Health Clinic Network, WELL EMR Group, WELL Digital Health Apps and Cycura.
WELL’s objective is to be a disciplined and strategic allocator of capital to themes and opportunities that benefit from the digitization of healthcare.