'We are proud to introduce our inaugural ESG Report that showcases our commitments, efforts, and responsibilities to drive real positive societal change for all of our stakeholders,' said
WELL's 2021 ESG Report is guided by several global ESG standards, including
Priority #1: Practitioner support and digital enablement
Helping practitioners deliver improved health outcomes, WELL is a tech-enabled healthcare company that empowers physicians with a powerful line-up of digital tools and services we refer to as our practitioner enablement platform.
Our offering provides all the benefits of a fully managed hybrid environment inclusive of brick and mortar and/or virtual delivery capabilities including online and offline medical office assistant support, billing & back-office management, and referral workflow support. It ensures healthcare providers can optimize their schedules so they can spend more time with their patients and less time doing administrative work.
WELL's digital offerings reduce wai times, travel times (reducing GHGs), and other traditional socio-economic barriers that are often associated with accessing in-person care.
Priority #2: Safeguarding patient data
Safeguarding the privacy and security of our patients' data while empowering them to proactively leverage their health information is a core element to achieving our mission to positively impact health outcomes.
Continued investment into WELL's cybersecurity approach to build and improve capabilities
100% of
WELL had zero reportable data breaches in 2021
Priority #3: A healthy place to work
Diversity is highlighted in the ESG report as an invaluable strength at WELL. Currently WELL has 70% of Senior Executive team members representing a visible minority. Furthermore, WELL is committed to achieving at least 33% female representation on its board by the end of 2022.
Developed a comprehensive COVID-19 response to protect patients and staff in all WELL owned clinics, which resulted in zero COVID-19 outbreaks
Continued support for a range of well-being 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 full-length report can be found at esg.well.company and on the investor relations section of the company's website.
About
WELL is a technology enabled healthcare company whose overarching objective is to positively impact health outcomes to empower and support healthcare practitioners and their patients. WELL has built an innovative practitioner enablement platform that includes comprehensive end to end practice management tools inclusive of virtual care and digital patient engagement capabilities as well as Electronic Medical Records (EMR), Revenue Cycle Management (RCM) and data protection services. WELL uses this platform to power healthcare practitioners both inside and outside of WELL's own omni-channel patient services offerings. As such, WELL owns and operates
Forward-Looking Information
This news release may contain 'Forward-Looking Information' within the meaning of applicable Canadian securities laws, including, without limitation: information regarding the Company's goals, strategies and growth plans; including but not limited to WELL's diversity target for the board. Forward- Looking Information are necessarily based upon 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 generally can be identified by the use of forward-looking words such as 'may', 'should', 'will', 'could', 'intend', 'estimate', 'plan', 'anticipate', 'expect', 'believe' or 'continue', or the negative 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 be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking and the Forward-Looking Information does not guarantee of future performance. WELL's statements expressed or implied by these Forward-Looking Information are subject to a number of risks, uncertainties, and conditions, many of which are outside of WELL 's control, and undue reliance should not be placed on such statements. Forward-Looking Information is qualified in its entirety by inherent risks and uncertainties, including: direct and indirect material adverse effects from the COVID-19 pandemic; adverse market conditions; risks inherent in the primary healthcare sector in general; regulatory and legislative changes; that future results may vary from historical results; inability to obtain any requisite future financing on suitable terms; any inability to realize the expected benefits and synergies of acquisitions; that market competition may affect the business, results and financial condition of WELL and other risk factors identified in documents filed by WELL under its profile at www.sedar.com, including its most recent Annual Information Form. Except as required by securities law, WELL does not assume any obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise.
Contact:
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E: investor@well.company
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