WELL Health’s buying spree continues with a major acquisition with C$302.5M financing led by Mr. Li Ka-shing. The acquisition will add annual revenue of US$100M with a run-rate of US$120 million to Well Health’s books. CRH currently has an EBITDA operating margin of 40%. [more]
This past quarter, the HealthTech industry experienced a significant boost in activity and growth as the pandemic stimulated the digitization of various healthcare services. However, companies working directly with patients for physical appointments experienced various complications due to procedures being postponed. [more]
Despite the third day in a row of a decreasing number of new coronavirus cases, the virus could yet turn into an uncontrollable global pandemic. Bill Gates worries that the virus, if it reaches Africa, could wipe out ten million people. [more]
The healthcare industry has a strong need for improved workflow efficiency, better equipment, and more efficient administration standards. [more]
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