Li Ka-Shing’s Canadian Bet Aims to Halt Doctors’ Paper Trails

It’s an unexpected bet by Hong Kong’s richest man: a penny stock seeking to modernize clinics for Canada’s overstretched family doctors, many of whom are stuck in the age of paper charts.

Billionaire Li Ka-shing is the biggest outside investor in Well Health Technologies Corp., a Vancouver-based startup that’s acquiring clinics and electronic medical records providers to bring Canada’s highly fragmented primary care market into the digital era. Its shares have more than doubled this year, making it one of the top-performing health-care stocks on the TSX Venture Exchange.

Source: https://www.bloomberg.com/news/articles/2019-07-04/li-ka-shing-s-canadian-bet-aims-to-halt-doctors-paper-trails?utm_campaign=socialflow-organic&utm_medium=social&cmpid=socialflow-twitter-business&utm_content=business&utm_source=twitter

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