Welltower Inc. (WELL) News
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WELL News Highlights
- For WELL, its 30 day story count is now at 40.
- Over the past 21 days, the trend for WELL's stories per day has been choppy and unclear. It has oscillated between 1 and 33.
- LOAN, SHO and AA are the most mentioned tickers in articles about WELL.
Latest WELL News From Around the Web
Below are the latest news stories about Welltower Inc that investors may wish to consider to help them evaluate WELL as an investment opportunity.
WELL Health Posts 150% Revenue Growth In 1Q; Shares Drop 4%Shares of WELL Health Technologies Corp (WELL) fell more than 4% in early trading Tuesday despite the strong growth in revenues in the first quarter of 2021. The omnichannel digital health company’s revenue for 1Q 2021 came in at C$25.6 million, an increase of 150% from the C$10.2 million revenue reported in 1Q 2020. WELL Health’s solid first-quarter performance was driven by its Software and Services 345% revenue growth year-over-year. Meanwhile, adjusted EBITDA was C$0.5 million for 1Q 2021, compared to a loss in adjusted EBITDA of C$0.2 million for 1Q 2020. WELL Health's Canadian operations provided a positive contribution to the results, achieving an adjusted EBITDA of C$1.1 million. |
WELL Health’s CRH Medical Acquires New England Anesthesia Associates.WELL Health Technologies Corp (WELL) announced that it has recently completed a transaction to acquire an 85% stake in New England Anesthesia Associates (NEAA), effective May 1, 2021. NEAA provides anesthesia services to an outpatient surgery center in Guilford, Connecticut, and other staffing services that serve the surrounding area. WELL Health Chairman and CEO Hamed Shahbazi said, "We are very excited to complete the first acquisition by CRH after joining WELL just a couple of weeks ago. |
Have Insiders Been Buying Welltower Inc. (NYSE:WELL) Shares?It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that... |
WELL Health Closes ExecHealth AcquisitionWELL Health Technologies Corp. (WELL) announced it has completed its acquisition of ExecHealth, a primary care and executive health services provider in the Ottawa area. The transaction is valued at C$12.6 million. ExecHealth is WELL’s first acquisition of clinical assets in Ontario and is expected to be highly accretive. Indeed, it has organically grown both revenue and EBITDA at growth rates of over 20% over the past three years. ExecHealth represents the continued expansion of the WELL Health Clinic Network into the premium margin corporate and executive health segment. (See WELL Health Technologies stock analysis on TipRanks.) WELL’s Chief Medical Officer Dr. |
Welltower Reports First Quarter 2021 ResultsTOLEDO, Ohio , April 28, 2021 /PRNewswire/ -- Welltower Inc. (NYSE: WELL ) today announced results for the quarter ended March 31, 2021 . Recent Highlights Reported net income attributable to common stockholders of $0.17 per diluted share Reported normalized FFO attributable to common stockholders of $0.80 per diluted share As of April 23, 2021 , occupancy for our Seniors Housing Operating ("SHO") portfolio increased approximately 60 basis points ("bps") from the pandemic-low on March 12, 2021 , led by our U.K. and U.S. portfolios with occupancy gains of 120 bps and 90 bps, respectively Year-to-date, completed $1.3 billion of pro rata gross investments exclusive of development funding through April 27, 2021 On April 27, 2021 , we completed a £540 million ( $750 million ) participating s... |
Welltower Announces the Completion of Two Next Generation Medical Office Buildings Leased to Atrium HealthCHARLOTTE, N.C. and TOLEDO, Ohio , April 28, 2021 /PRNewswire/ -- Welltower Inc. (NYSE: WELL ) announced today the completion of two recently developed medical office buildings in Charlotte, NC , totaling over 280,000 square feet. The properties were delivered in March 2021 and master leased to Atrium Health (Moody's: Aa3; S&P: AA-) under a 15-year triple-net lease. Located in Midtown Charlotte, minutes from Atrium's Main Campus, the projects were developed by Charlotte -based Pappas Properties, LLC, who will remain strategic partners with Welltower on the planned 9-acre health care anchored, mixed-use campus and future developments. Mark Furlan , Healthcare Managing Director at Pappas, stated, "We are … Full story available on Benzinga.com |
Welltower Partners with Safanad-led Investment Group to Recapitalize HC-OneTOLEDO, Ohio , April 28, 2021 /PRNewswire/ -- Welltower®Inc (NYSE: WELL ) today announced that it has partnered with a Safanad-led investment group to recapitalize HC-One, the largest UK-based seniors housing operating platform. This recapitalization will de-leverage HC-One, extend its debt maturity by five years and inject significant new equity in the company, enabling it to invest in its communities and people, enhance resident experience, and augment its operating and technology platform. Welltower provided a £540 million ( $750 million ) senior secured loan backed by HC-One's real estate and other assets in addition to a £55 million ( $76 million ) equity investment. Welltower also provided a delayed draw capital expenditure facility which will allow HC-One to continue to invest in... |
Is Recovery in the Cards for Welltower (WELL) in Q1 Earnings?Despite increased coverage of vaccine administration among senior housing residents, Welltower (WELL) witnesses a significant occupancy decline at its senior housing operating portfolio in Q1. |
WELL Health Closes CRH Medical’s AcquisitionWELL Health Technologies Corp. announced it has completed its acquisition of CRH Medical Corporation, a company that provides of anesthesia services to the GI (Gastroenterologist) community. The transaction, valued at $372.9 million, improves the omnichannel digital health company's free cash flow profile and its U.S. operations. CRH marks WELL Health’s (WELL) largest acquisition to date, with the company paying $4.00 per share for a total equity consideration of $286.6 million. The purchase price climbs to the aforementioned $372.9 million once the outstanding credit facilities assumed by WELL Health are factored in. |
WELL Health Announces Shareholder Approval Of CRH Medical AcquisitionWELL Health Technologies announced that on April 16, shareholders of CRH Medical Corporation (CRH) voted in favor of WELL's acquisition of CRH for $4 per share in cash. This is WELL Health’s (WELL) largest acquisition to-date, with a transaction value of approximately $369.2 million. The deal is expected to close on or around April 22. CRH Medical provides products and services to gastroenterologists throughout the United States. |