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Canadian start-up company WELL Health Technologies (WELL) just crossed the threshold a month ago to become the world’s first billion-dollar open source electronic medical records (EMR) company. WELL, based in Vancouver, British Columbia, has accomplished this milestone less than three years after its founding. WELL’s market cap is currently hovering between $1.2 and $1.3 billion. The company has developed a disruptive digital health platform model with an open source EMR core, and a firm focus on improving clinical outcomes by using the technology to assist physicians and patients focus on health and wellness. Its goal is to shift the industry from a highly fragmented and expensive sick-care system to a health care system.

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