09:12:40 EST Tue 25 Nov 2025
Enter Symbol
or Name
USA
CA



Loblaw Companies Ltd
Symbol L
Shares Issued 1,182,674,731
Close 2025-11-24 C$ 61.89
Market Cap C$ 73,195,739,102
Recent Sedar Documents

Globe says Well Health faces Bureau investigation

2025-11-25 07:11 ET - In the News

See In the News (C-WELL) Well Health Technologies Corp

The Globe and Mail reports in its Tuesday, Nov. 25, edition that the Competition Bureau is investigating Well Health Technologies for potentially reducing competition in artificial intelligence transcription and medical-record software through its recent acquisitions. The Globe's Chris Hannay writes that the Bureau filed an application in Federal Court on Nov. 12 for a court order to obtain information from Well Health, with a hearing set for Dec. 9. Well Health acquired a controlling interest in Healwell AI on April 1, while Healwell simultaneously acquired Orion Health Holdings, a major medical record software provider in New Zealand. Well Health told The Globe it was "working collaboratively" with the bureau to resolve the investigation. Well Health owned 227 medical clinics as of Sept. 30. Well Health, along with Telus Health and Loblaw-owned QHR Technologies, is one of Canada's three major providers of medical record software for doctors' offices. It earned $1-billion in revenue for the first nine months of 2025, most of which came from patient services, and posted a net loss of $27.5-million. Well Health said it plans to take software subsidiary Wellstar public next year.

© 2025 Canjex Publishing Ltd. All rights reserved.