WELL Health introduces new business unit
July 29, 2020
VANCOUVER – WELL Health Technologies Corp., has announced the formation of its new business unit called WELL Digital Health Apps Inc. (WDHA) and the appointment of Shervin Bakhtiari (pictured) as GM of WDHA, to lead this new business unit.
The overarching goal of WDHA is to establish investments and/or commercial agreements with best in class digital health companies to ensure that clinicians in WELL’s EMR Group have access to applications or apps that help them support their patients in a manner that optimizes health outcomes while operating clinics in the most efficient way possible. WDHA will be a consolidation point for a number of key operating activities and investments including relationships such as Insig Corp. and Phelix AI. The Company’s plans are to also offer a broad array of patient facing apps and capabilities that empower patients to better manage their health and seek the best care available.
WDHA is the Company’s fourth business unit, augmenting the current business units: WELL Health Clinic Network, WELL EMR Group and the recently announced Cybersecurity division which includes the proposed acquisition of Cycura’s Services Division.
Mr. Bakhtiari has over 20 years of experience spanning senior business and technology commercialization roles at both startups and Fortune 500 companies in Canada and Silicon Valley. He has been involved in the full innovation commercialization cycle from market strategy, product management, Sales & Business Development, strategic channels/partnerships, technology scouting and Investment/M&A across various verticals including Digital Health. Mr. Bakhtiari previously held senior positions at Dialogic (acquired by Enghouse), Actel Consulting, iMediHome, eMotive Communications, Avaya, Ubiquity Software, Cisco Systems, and Brooks Automation. Mr. Bakhtiari holds both a Bachelor’s and Master’s Degree of Engineering from the University of British Columbia in Vancouver, Canada.
WELL is also pleased to announce the addition of Michael Goodman as head of Acquisitions in Eastern Canada. Mr. Goodman is an experienced senior executive with close to 20 years of experience in strategy and corporate development. He previously served as head of Strategy for ELNA Medical Group, where he principally led ELNA’s national M&A activities, equity financing strategy, and stakeholder relations. Prior to transitioning into healthcare, Mr. Goodman was a partner at Richardson Financial Group’s RGMP, where he held the title of vice-president and played a pivotal role in founding the first nationwide institutional offering of Family Office services (RGMP-PFO). Mr. Goodman serves on the Board of Directors of Autism Speaks Canada and McGill University Health Centre (MUHC) Foundation. He is a graduate of The Ivey Business School and The Institute of Family Enterprise Advisors FEA designation program.
“We are really excited to be adding both Shervin and Michael to our management team,” said Hamed Shahbazi, chairman and CEO of WELL. “Shervin is an experienced executive who will be responsible for expanding our digital health services. Meanwhile, Michael’s prior M&A experience will be an invaluable asset as we have a very strong pipeline of potential M&A opportunities across all of our business unit focus areas.”
WELL is an omni-channel digital health company that operates primary healthcare facilities, is the third largest digital Electronic Medical Records (EMR) supplier in Canada and is a national provider of telehealth services. WELL owns and operates 20 medical clinics, provides digital EMR software and services to over 1,900 medical clinics across Canada and is a majority owner of SleepWorks Medical. WELL’s overarching objective is to empower doctors to provide the best and most advanced care possible while leveraging the latest trends in digital health. To access the Company’s telehealth service, visit virtualclinics.ca and for corporate information, visit www.WELL.company.