Calgary-based Wello brings with it over 350 corporate customers, which use it to provide virtual health-care appointments for their employees, Maple said in announcing the deal. The company wouldn’t disclose the terms of the agreement except to say Wello’s previous owner, Coril Holdings, is becoming a Maple shareholder. (The Logic)
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Calgary-based Wello brings with it over 350 corporate customers, which use it to provide virtual health-care appointments for their employees, Maple said in announcing the deal. The company wouldn’t disclose the terms of the agreement except to say Wello’s previous owner, Coril Holdings, is becoming a Maple shareholder. (The Logic)
Talking point: Telemedicine exploded early in the pandemic as public health plans began covering virtual visits, but Maple’s offerings are primarily private, with patients paying either out of pocket or through workplace benefits. It attracted a $75-million investment from Loblaw in 2020 and was rumoured to be planning an IPO in 2021, though CEO Brett Belchetz doused that talk in July. The company told The Logic in a statement Wednesday that it’s focused on growth and service improvements for now.
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