WELL is a purpose-driven organization located at the “Heart of Healthcare” committed to empowering practitioners, protecting patient privacy and a healthy workplace!
VANCOUVER, BC, June 17, 2022 /PRNewswire/ – WELL health technologies (TSX: GOOD) (OTCQX: WHTCF) (“WELL” or “the enterprise‘), a digital health company focused on improving health outcomes through the use of technology to empower physicians and their patients worldwide, is pleased to announce the release of its first ESG (Environmental, Social, and Governance ) to announce, highlighting the company’s ESG practices. Covering the year ended December 31, 2021, the report describes WELL’s continued commitment to empower practitioners and positively impact health outcomes, while also highlighting highlights the company’s commitment to improving and improving its practices in the areas of environmental protection, social awareness and corporate governance.
“We are proud to present our first ESG report, demonstrating our commitment, efforts and responsibility to drive real positive societal change for all of our stakeholders,” said Hamed Shahbazi, CEO and Founder. “WELL’s outlook remains positive on all aspects of our business, including the execution of our strategic ESG priorities. For 2022, our goals include improving our ESG performance indicators, continuing to build a world-class employee experience, and continuing to meet our goal of positively impacting health outcomes through the use of technology to empower healthcare professionals and their patients.”
Shane SabatinoChief People Officer at WELL and responsible for WELL’s ESG strategy, said: “This report represents a significant step forward in our commitment to environmental, social and governance issues and provides clarity to stakeholders on how we are addressing them At the heart of everything we do, ESG will continue to grow as a key focus for WELL, and we look forward to providing future updates and building on our sustainable strategies.”
WELL’s 2021 ESG Report aligns with several global ESG standards, including the Global Reporting Initiative (GRI) Standards, the Sustainability Accounting Standards Board (SASB) Health Care Delivery and Software & IT Services Industry Standards, and the Goals of the United Nations Sustainable Development (UN SDGs). ). The report provides a detailed overview of ESG matters that the company believes are most relevant to our stakeholders, while ensuring that there is a foundation of good corporate governance in everything we do, including the following ESG Priorities (highlights and achievements):
Priority #1: Support for practitioners and digital empowerment
- WELL is a technology-enabled healthcare company that helps physicians achieve better healthcare outcomes.
- Our offering provides all the benefits of a fully managed hybrid environment, including brick-and-mortar and/or virtual delivery capabilities, including online and offline medical practice assistant support, billing and back-office management, and referral flow support. It ensures healthcare providers can streamline their schedules so they can spend more time with their patients and less time on administrative tasks.
- WELL’s digital offerings reduce wait times, travel times (greenhouse gas reductions), and other traditional socioeconomic barriers often associated with access to in-person care.
Priority #2: Protect patient data
- Preserving the privacy and security of our patients’ data while empowering them to proactively use their health information is a core element to fulfilling our mission to positively impact health outcomes.
- Continued investment in WELL’s cybersecurity approach to build and improve capabilities
- 100% of WELL’s EMR group is ISO27001, ISO13284 or ISO13485 certified
- WELL had no reportable data breaches in 2021
Priority #3: A healthy workplace
- Diversity is highlighted in the ESG report as an invaluable strength of WELL. Currently, WELL has 70% of senior executive team members who are a visible minority. In addition, WELL has committed to having at least 33% women on the Management Board by the end of 2022.
- Developed a comprehensive COVID-19 response to protect patients and staff across WELL’s clinics, resulting in zero COVID-19 outbreaks
- Ongoing support for a range of wellbeing initiatives available to all team members and business units to help team members stay physically and mentally healthy in a psychologically safe work environment
The detailed report can be found at esg.well.company and in the Investor Relations section of the Company’s website.
WELL HEALTH TECHNOLOGIES CORP.
Per: “Hamed Shahbazi”
Chief Executive Officer, Chairman and Director
About WELL Health Technologies Corp.
WELL is a technology-enabled healthcare company whose overarching goal is to positively impact healthcare outcomes to empower and support physicians and their patients. WELL has built an innovative practitioner enablement platform that includes comprehensive end-to-end practice management tools including virtual care and digital patient engagement capabilities, as well as electronic medical records (EMR), revenue cycle management (RCM) and privacy services. WELL uses this platform to support healthcare professionals both inside and outside of WELL’s own omni-channel patient service offerings. As such, WELL owns and operates canada largest network of outpatient medical clinics providing primary and specialty healthcare services and is the provider of a leading multinational, multidisciplinary telemedicine offering. WELL will be publicly traded on the Toronto Stock Exchange under the symbol “WELL” and on OTCQX under the symbol “WHTCF“. To learn more about the company, please visit: www.well.company.
This press release may contain “forward-looking information” within the meaning of applicable Canadian securities laws, including but not limited to: information regarding the Company’s objectives, strategies and growth plans; including but not limited to WELL’s diversity goal for the Board. Forward-looking information is necessarily based on a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking information can generally be identified through the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe”. ‘ or ‘continue’ or the negation thereof, or similar variations. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause future results, performance or achievements to differ materially from the estimated future results, performance or achievements expressed or implied by the forward-looking and forward-looking information are not a guarantee of future performance. Statements made by WELL, expressed or implied in this forward-looking information, are subject to a number of risks, uncertainties and conditions, many of which are beyond WELL’s control, and such statements should not be relied upon. Forward-looking information is characterized in its entirety by inherent risks and uncertainties, including: direct and indirect material adverse effects of the COVID-19 pandemic; adverse market conditions; risks inherent in the primary healthcare sector in general; regulatory and legal changes; that future results may differ from historical results; inability to obtain required future financing on reasonable terms; any inability to realize anticipated benefits and synergies from acquisitions; that market competition may affect WELL’s business, results and financial condition and other risk factors identified in documents filed by WELL under its profile on www.sedar.com, including its most recent annual information form. Except as required by securities laws, WELL undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise.
SOURCE WELL Health Technologies Corp.