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WELL Health's Subsidiary WELLSTAR Provides Corporate Update on its Recent Acquisitions and Announces Strategic Additions to its Management Team

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WELL Health Technologies Corp. (TSX: WELL, OTCQX: WHTCF) has announced significant updates for its subsidiary WELLSTAR Technologies Corp. The company has appointed Sarah Xu as VP of Growth Operations and Frank Seiferth as VP of Product, both bringing extensive experience from companies like Google and BlueDot.

WELLSTAR has completed two strategic acquisitions: Microquest, a leading EMR provider serving 375 clinics and 1,600 providers in Alberta, and Bluebird iT, Canada's largest provider of IT solutions for outpatient healthcare clinics, supporting over 700 medical clinics and hospitals. WELL has acquired a 51% stake in Bluebird iT.

With these acquisitions, WELLSTAR now delivers technology solutions to over 40% of all physicians in Canada through its 330+ team members. The company offers solutions including provincially integrated EMRs, revenue optimization, patient engagement solutions, and AI-enabled automation tools.

WELL Health Technologies Corp. (TSX: WELL, OTCQX: WHTCF) ha annunciato aggiornamenti significativi per la sua controllata WELLSTAR Technologies Corp. L'azienda ha nominato Sarah Xu come VP delle Operazioni di Crescita e Frank Seiferth come VP del Prodotto, entrambi con una vasta esperienza in aziende come Google e BlueDot.

WELLSTAR ha completato due acquisizioni strategiche: Microquest, un fornitore leader di EMR che serve 375 cliniche e 1.600 fornitori in Alberta, e Bluebird iT, il più grande fornitore canadese di soluzioni IT per cliniche sanitarie ambulatoriali, supportando oltre 700 cliniche mediche e ospedali. WELL ha acquisito una partecipazione del 51% in Bluebird iT.

Con queste acquisizioni, WELLSTAR ora offre soluzioni tecnologiche a oltre il 40% di tutti i medici in Canada grazie ai suoi oltre 330 membri del team. L'azienda offre soluzioni che includono EMR integrate a livello provinciale, ottimizzazione dei ricavi, soluzioni per il coinvolgimento dei pazienti e strumenti di automazione abilitati all'IA.

WELL Health Technologies Corp. (TSX: WELL, OTCQX: WHTCF) ha anunciado actualizaciones significativas para su filial WELLSTAR Technologies Corp. La empresa ha nombrado a Sarah Xu como VP de Operaciones de Crecimiento y a Frank Seiferth como VP de Producto, ambos con amplia experiencia en empresas como Google y BlueDot.

WELLSTAR ha completado dos adquisiciones estratégicas: Microquest, un proveedor líder de EMR que atiende a 375 clínicas y 1,600 proveedores en Alberta, y Bluebird iT, el proveedor de soluciones IT más grande de Canadá para clínicas de atención ambulatoria, apoyando a más de 700 clínicas y hospitales médicos. WELL ha adquirido una participación del 51% en Bluebird iT.

Con estas adquisiciones, WELLSTAR ahora ofrece soluciones tecnológicas a más del 40% de todos los médicos en Canadá a través de su equipo de más de 330 miembros. La empresa ofrece soluciones que incluyen EMR integrados a nivel provincial, optimización de ingresos, soluciones de compromiso del paciente y herramientas de automatización habilitadas por IA.

WELL Health Technologies Corp. (TSX: WELL, OTCQX: WHTCF)는 자회사 WELLSTAR Technologies Corp.에 대한 중요한 업데이트를 발표했습니다. 회사는 Sarah Xu를 성장 운영 부사장으로, Frank Seiferth를 제품 부사장으로 임명했으며, 두 사람 모두 Google과 BlueDot과 같은 회사에서 풍부한 경험을 가지고 있습니다.

WELLSTAR는 두 가지 전략적 인수 작업을 완료했습니다: Microquest, 앨버타에서 375개의 클리닉과 1,600명의 제공자를 지원하는 선도적인 EMR 제공업체와 Bluebird iT, 캐나다 최대의 외래 의료 클리닉을 위한 IT 솔루션 제공업체로 700개 이상의 의료 클리닉과 병원을 지원합니다. WELL은 Bluebird iT의 51% 지분을 인수했습니다.

이러한 인수로 WELLSTAR는 이제 330명 이상의 팀원을 통해 캐나다의 모든 의사의 40% 이상에 기술 솔루션을 제공합니다. 이 회사는 주정부 통합 EMR, 수익 최적화, 환자 참여 솔루션 및 AI 지원 자동화 도구를 포함한 솔루션을 제공합니다.

WELL Health Technologies Corp. (TSX: WELL, OTCQX: WHTCF) a annoncé des mises à jour significatives pour sa filiale WELLSTAR Technologies Corp. L'entreprise a nommé Sarah Xu au poste de VP des Opérations de Croissance et Frank Seiferth au poste de VP Produit, tous deux apportant une vaste expérience d'entreprises telles que Google et BlueDot.

WELLSTAR a finalisé deux acquisitions stratégiques : Microquest, un fournisseur leader d'EMR servant 375 cliniques et 1 600 fournisseurs en Alberta, et Bluebird iT, le plus grand fournisseur canadien de solutions informatiques pour les cliniques de soins ambulatoires, soutenant plus de 700 cliniques médicales et hôpitaux. WELL a acquis une participation de 51 % dans Bluebird iT.

Avec ces acquisitions, WELLSTAR fournit désormais des solutions technologiques à plus de 40 % de tous les médecins au Canada grâce à ses plus de 330 membres d'équipe. L'entreprise propose des solutions comprenant des EMR intégrées au niveau provincial, l'optimisation des revenus, des solutions d'engagement des patients et des outils d'automatisation alimentés par l'IA.

WELL Health Technologies Corp. (TSX: WELL, OTCQX: WHTCF) hat bedeutende Aktualisierungen für ihre Tochtergesellschaft WELLSTAR Technologies Corp. bekannt gegeben. Das Unternehmen hat Sarah Xu zur VP für Wachstumsoperationen und Frank Seiferth zur VP für Produkte ernannt, beide bringen umfangreiche Erfahrungen aus Unternehmen wie Google und BlueDot mit.

WELLSTAR hat zwei strategische Übernahmen abgeschlossen: Microquest, einen führenden EMR-Anbieter, der 375 Kliniken und 1.600 Anbieter in Alberta bedient, und Bluebird iT, den größten Anbieter von IT-Lösungen für ambulante Gesundheitskliniken in Kanada, der über 700 medizinische Kliniken und Krankenhäuser unterstützt. WELL hat eine Beteiligung von 51 % an Bluebird iT erworben.

Mit diesen Übernahmen bietet WELLSTAR nun Technologie-Lösungen für über 40 % aller Ärzte in Kanada über sein Team von mehr als 330 Mitgliedern an. Das Unternehmen bietet Lösungen an, die integrierte EMRs auf Provinzebene, Umsatzoptimierung, Lösungen zur Patientenbindung und KI-gestützte Automatisierungstools umfassen.

Positive
  • Acquisition of 51% stake in Bluebird iT, Canada's largest healthcare IT solutions provider
  • Market dominance with 40% of Canadian physicians using WELLSTAR solutions
  • Strategic expansion through Microquest acquisition, adding 375 clinics and 1,600 providers
  • Strong leadership additions with experienced executives from Google, BlueDot, and Ambience Healthcare
Negative
  • Potential integration challenges with multiple recent acquisitions
  • 49% ownership remains with Bluebird iT founders, limiting full control
  • WELLSTAR has made two key additions to its management team, Sarah Xu has joined as Vice President of Growth Operations and Frank Seiferth has joined as Vice President of Product. Sarah and Frank bring deep industry experience and leadership backgrounds including Google, Ambience Healthcare, Blue-Dot and Amdocs.
  • WELLSTAR also welcomes the operators and teams behind its newest acquisitions and partnerships, Microquest and Bluebird iT. Microquest is a leading EMR provider serving the Province of Alberta with over 375 clinics and 1600 providers. Bluebird iT supports over 700 medical clinics and hospitals across Canada, making it the largest provider of IT solutions and services to outpatient healthcare clinics in Canada, and the leading deployment provider of technology solutions for Canadian doctors.
  • WELLSTAR delivers technology solutions to over 40% of all physicians in Canada and is committed to further expansion through organic and inorganic growth, underpinned by continuing to deliver tangible, innovative and valuable tools to healthcare providers nationwide.

VANCOUVER, BC, Feb. 19, 2025 /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) ("WELL" or "the Company"), a digital healthcare company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce key updates regarding its subsidiary WELLSTAR Technologies Corp. ("WELLSTAR"), the leading provider of healthcare technology solutions in Canada. WELLSTAR announces key additions to its management team, Sarah Xu as Vice President of Growth Operations and Frank Seiferth as Vice President of Product. The Company also provides an update on its recent acquisitions of Microquest and Bluebird iT.

Amir Javidan, CEO of WELLSTAR, commented, "As WELLSTAR scales its operations and prepares to be spun out of WELL, as a separate public company that will be majority owned and controlled by WELL, we are delighted to announce the recent addition of tremendously talented senior leaders to the WELLSTAR team. Sarah and Frank have been appointed to new senior roles within the company, while Brandon Blanck, CEO of Microquest and John Solomos, CEO of Bluebird iT, have joined us through the acquisitions of those two companies. In previous roles, Sarah spent significant time and effort at Google in global business strategy and operations, using her knowledge of customer acquisition to help scale some of the most important and valuable brands we see in the HCIT marketplace. Frank, as Head of Product at BlueDot, leveraged AI to anticipate, understand, and respond to threats by building a best-in-breed infectious disease intelligence provider."

Mr. Javidan further adds, "We are also very pleased to welcome Brandon Blanck and John Solomos, as well as their talented teams to the WELLSTAR family. Brandon and John will stay in their current operator roles and focus on growing their businesses while delivering value to their customers and ecosystem partners. Microquest and Bluebird iT are proving to be key assets that expand WELLSTAR's footprint across Canada and complement our existing solutions."

Microquest is a leading EMR solution serving 375 clinics and 1,600 providers in the province of Alberta. Bluebird iT is the largest provider of IT services to outpatient healthcare clinics in Canada, making it the leading deployment provider of technology for Canadian doctors.

Bluebird iT supports over 700 clinics and hospitals across Canada and will be looking to expand organically and inorganically as a trusted, vendor-agnostic provider that delivers exceptional technology solutions and services to its clinic customers. WELL has acquired a 51% stake with founder ownership maintaining 49%.

With these acquisitions, WELLSTAR now has over 330 team members and delivers technology solutions to over 40% of all physicians in Canada, reinforcing its position as an enabling force in digital health. The Company's experienced leadership team is focused on driving innovation, expanding technology offerings, and strengthening relationships with healthcare providers. WELLSTAR's goal is to support providers in overcoming the significant administrative burden they currently face through the use of next-generation digital and AI-enabled software solutions. WELLSTAR supports one of the largest ecosystems of solutions for the digital enablement of healthcare in Canada, including:

  • Provincially integrated primary and specialty-care EMRs.
  • Revenue optimization, including automated insured and uninsured billing management.
  • Patient engagement solutions, including online booking, secure messaging, and E-referrals.
  • AI-enabled automation solutions, including ambient scribe, inbox management, and rare and chronic disease decision support tools.

By delivering scalable, interoperable solutions, the Company is committed to enhancing practice efficiency, improving patient care, and creating long-term value for Canadian healthcare.

WELLSTAR is pleased to announce that it has appointed two new leaders to key posts in the company's senior leadership team:

Sarah Xu – Vice President Growth Operations

Sarah Xu brings extensive experience in growth strategy, business intelligence, and healthcare technology. As VP of Growth Operations at WELL, she will play a key role in scaling WELLSTAR's market presence and optimizing growth initiatives across its portfolio.

Sarah is a healthcare go-to-market leader with a proven track record of scaling growth-stage companies and startups across Google, Ambience Healthcare, and Circle Medical. She has rejoined WELL, having previously led Circle Medical as Head of Growth, where she built the growth engine that profitably drove 10X revenue growth over 18 months and scaled the company from 8 to 200+ clinicians. Sarah led companies through hypergrowth at Google, partnering closely to identify and execute transformative strategies that unlocked 2X-10X profitable growth. Her success in consistently driving outsized revenue growth and identifying opportunities to profitably leverage Google's machine learning capabilities across its SEO and paid acquisition channels enabled her to scale companies in the D2C and enterprise SaaS space effectively.

Sarah most recently brought to market leading healthcare AI technology at US-based Ambience Healthcare, where she established the sales and marketing teams and successfully launched the non-founder sales motions driving the first seven-figure sales of ambient scribing tools with leading enterprise health systems in the US. Sarah joined the company pre-revenue as its first business hire and led its go-to-market function through its USD$70M Series B led by Kleiner Perkins and OpenAI.

At WELLSTAR, Sarah is focused on accelerating growth initiatives, optimizing data-driven strategies, and expanding market penetration through strategic partnerships and operational efficiencies. Her expertise in scaling healthcare technology businesses will be instrumental in driving WELLSTAR's next growth phase.

Frank Seiferth – Vice President of Product

Frank is a seasoned SaaS product leader with over 25 years of experience driving innovation, growth, and market expansion across health-tech, cybersecurity, e-commerce, and supply chain. He has successfully led multiple companies through high-growth transitions, IPOs, and successful exits, shaping product strategy and execution. At health-tech Bluedot, he led the product strategy for its AI-driven disease outbreak intelligence, enabling the company to detect COVID-19 in China first—nine days ahead of global health organizations.

Previously, Frank held senior product leadership roles at Tecsys and Amdocs, where he spearheaded digital transformation initiatives, expanded market presence, integrated acquisitions, and drove product innovation. Known for building high-performance teams and fostering innovation, he excels in scaling products, leading AI-driven transformation, and driving product-led growth. Frank is an inventor with multiple patents and holds a master's degree in Communication Technology (Diplom-Ingenieur FH) from the University of Zwickau, Germany.

At WELLSTAR, Frank will be responsible for leading product strategy and execution across all the portfolio of products, including EMR, digital apps, AI tools, medical billing and clinic back-office solutions.

WELL HEALTH TECHNOLOGIES CORP.

Per: "Hamed Shahbazi"

Hamed Shahbazi

Chief Executive Officer, Chairman and Director

About WELL Health Technologies Corp.

WELL's mission is to tech-enable healthcare providers. We do this by developing the best technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. WELL's comprehensive healthcare and digital platform includes extensive front and back-office management software applications that help physicians run and secure their practices. WELL's solutions enable more than 38,000 healthcare providers between the US and Canada and power the largest owned and operated healthcare ecosystem in Canada with more than 200 clinics supporting primary care, specialized care, and diagnostic services. In the United States WELL's solutions are focused on specialized markets such as the gastrointestinal market, women's health, primary care, and mental health. WELL is publicly traded on the Toronto Stock Exchange under the symbol "WELL" and on the OTC Exchange under the symbol "WHTCF". To learn more about the Company, please visit: www.well.company

About WELLSTAR

WELLSTAR (WELLSTAR.health) empowers healthcare providers with innovative technology and services to enhance patient care and operational efficiency. WELLSTAR offers a comprehensive suite of solutions tailored to meet the needs of healthcare providers, including: (i) Electronic Medical Records (EMR) software for primary care and specialist providers; (ii) Digital Health Apps including OceanMD and a suite of AI automation solutions, as well as the apps.health marketplace; and (iii) Medical billing and back-office solutions including revenue cycle management (RCM) and technology solutions. WELLSTAR's comprehensive range of products and solutions are designed to streamline care delivery, integrate fragmented healthcare systems, reduce provider burnout, and improve patient healthcare experiences and outcomes.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/well-healths-subsidiary-wellstar-provides-corporate-update-on-its-recent-acquisitions-and-announces-strategic-additions-to-its-management-team-302379839.html

SOURCE WELL Health Technologies Corp.

FAQ

What percentage of Canadian physicians now use WELLSTAR's technology solutions?

WELLSTAR now delivers technology solutions to over 40% of all physicians in Canada following its recent acquisitions.

How many clinics and providers does Microquest serve in Alberta?

Microquest serves 375 clinics and 1,600 providers in the province of Alberta.

What is WELL Health's (WHTCF) ownership stake in Bluebird iT?

WELL Health has acquired a 51% stake in Bluebird iT, with founder ownership maintaining 49%.

How many medical facilities does Bluebird iT support across Canada?

Bluebird iT supports over 700 medical clinics and hospitals across Canada.

What is the current size of WELLSTAR's team following recent acquisitions?

WELLSTAR now has over 330 team members following its recent acquisitions.

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