VANCOUVER, BC and TORONTO, Feb. 27, 2024 /CNW/ - WELL Health Technologies Corp. ("WELL") (TSX: WELL) (OTCQX: WHTCF), a digital healthcare company focused on positively impacting health outcomes by leveraging technology to empower healthcare providers and their patients globally, and HEALWELL AI Inc. ("HEALWELL") (TSX: AIDX) (OTCQX: HWAIF), a healthcare technology company focused on AI and data science for preventative care, are pleased to announce the appointment of Hamed Shahbazi as Chairman of the Board of HEALWELL. Mr. Hamed Shahbazi is currently the Chairman and CEO of WELL, Canada's largest owner operator of outpatient medical clinics and leading digital health service providing software and services to more than one third of all Canadian physicians. Mr. Shahbazi has served on the Board of HEALWELL since its launch on October 1, 2023. Mr. Shahbazi's appointment to Chairman of HEALWELL is strategically important for shareholders of both WELL and HEALWELL given WELL's equity ownership of HEALWELL, its option to become a controlling shareholder based on an option to acquire multi-voting shares (see details below) and the shared objective between the companies to leverage AI and other leading-edge technologies to support healthcare providers.