Skylight

FLC Credit Partners Provides US$20 Million Acquisition Facility to Skylight Health Group

Retrieved on: 
Wednesday, May 11, 2022
Hospitals, Professional Services, Health, Finance, NASDAQ, LLC, Company, VBC, FLC, Patient, Central, Acquisition, Family, Credit, CEO, FFS, Entrepreneurship, TTM, Financial services, Healthcare, Skylight

FLC Credit Partners, a private credit fund manager specializing in family and entrepreneur-owned businesses, announced that it has provided a US$20 million acquisition facility to Skylight Health Group Inc (Skylight) (NASDAQ:SLHG; TSXV:SLHG).

Key Points: 
  • FLC Credit Partners, a private credit fund manager specializing in family and entrepreneur-owned businesses, announced that it has provided a US$20 million acquisition facility to Skylight Health Group Inc (Skylight) (NASDAQ:SLHG; TSXV:SLHG).
  • Providing Skylight with acquisition capital will accelerate its positive impact on patient health outcomes, said Hendrik Jordaan, Chairman of FLC Credit Partners.
  • Family Legacy Capital Credit Management, LLC, operating under the brand FLC Credit Partners, is the private credit fund manager of Family Legacy Capital.
  • Skylight Health Group (NASDAQ:SLHG;TSXV:SLHG) is a healthcare services and technology company, working to positively impact patient health outcomes.

Skylight Health Completes Largest Acquisition to date and Enters Medicare Advantage Global Risk

Retrieved on: 
Friday, May 6, 2022
TSX Venture Exchange, U.S. Securities and Exchange Commission, Medicare, Neighbor, NASDAQ, GLOBE, Company, VBC, Contract, Time, FLC, Patient, Security (finance), MA, Acquisition, Leadership, Canadian Securities Administrators, NMD, Capitation fee, SOFR, CEO, FFS, Â, Entrepreneurship, Skylight, TTM, Humana, Health insurance

TORONTO, May 06, 2022 (GLOBE NEWSWIRE) -- Skylight Health Group Inc. (NASDAQ:SLHG; TSXV:SLHG) (“Skylight Health” or the “Company”), a multi-state primary care management group in the United States, is pleased to announce that further to its press release dated May 3, 2022, it has completed the deal to acquire NeighborMD (NMD) for $8 million and a debt facility of US $20 million.

Key Points: 
  • We are very pleased to close our largest acquisition to date and welcome the team at Neighbour MD into the Skylight Health Group, says Prad Sekar, CEO and Co-Founder of Skylight Health.
  • We are now strongly positioned with risk contracts to begin focusing on our pipeline within Florida that will present Medicare and MA growth.
  • The expected expansion of the risk contracts to existing Skylight practices in Florida represent a significant organic growth opportunity.
  • Skylight Health Group (NASDAQ:SLHG;TSXV:SLHG) is a healthcare services and technology company, working to positively impact patient health outcomes.

Skylight Health Executes Definitive Agreement to Acquire NeighborMD to Expand in Florida and Enters Medicare Advantage Global Risk

Retrieved on: 
Tuesday, May 3, 2022
Medicare, NASDAQ, GLOBE, Company, Contract, Time, MA, Knowledge, Leadership, NMD, Creditor, Capitation fee, SOFR, CEO, CHS, Growth, TTM, Risk, Acquisition, Health insurance, Risk management, Skylight, Humana

TORONTO, May 03, 2022 (GLOBE NEWSWIRE) -- Skylight Health Group Inc. (NASDAQ: SLHG; TSXV: SLHG) (“Skylight Health” or the “Company”), a multi-state primary care management group in the United States, today announces the execution of a definitive agreement to acquire NeighborMD (NMD) which will close concurrently with a debt facility of US $20 million that the Company has arranged with a New York-based lender.

Key Points: 
  • NeighborMD (NMD) will add 9 practices across Central and Southern Florida with over 2,400 owned and affiliated global capitated risk lives.
  • Based in central and southern Florida, NMD operates 9 owned practices offering primary care services to over 5,000 lives.
  • Within these, NMD has over 1,100 MA lives in full-risk contracts with two leading healthcare payors in Florida, Humana, and CarePlus.
  • The expected expansion of the risk contracts to existing Skylight practices in Florida represents a significant organic growth opportunity.

Accedian's New Research Reveals How Private 5G Helps Modernize Healthcare

Retrieved on: 
Tuesday, April 26, 2022
Pressure, Research, Health care, Surgeon, Adoption, Health, Industry, Research report, Hospital, Partnership, Reading, Datatec, Skylight, Health insurance, Retail, Accedian

MONTREAL, April 26, 2022 /PRNewswire/ -- Accedian, a leader in performance analytics and end user experience solutions, today announced the results of new research that reveals how healthcare leaders are using private 5G to drive digital transformation in delivering patient care. The findings deliver insights that service providers can use to drive successful engagements and partnerships with healthcare organizations. The research report and infographic are available for download at https://accedian.com/industries/healthcare/(link).

Key Points: 
  • MONTREAL, April 26, 2022 /PRNewswire/ -- Accedian , a leader in performance analytics and end user experience solutions, today announced the results of new research that reveals how healthcare leaders are using private 5G to drive digital transformation in delivering patient care.
  • The findings deliver insights that service providers can use to drive successful engagements and partnerships with healthcare organizations.
  • This research highlights the many ways that private 5G networks benefit the healthcare sector as they race to meet the digital needs of those they serve."
  • The survey was conducted in partnership with Analysys Mason through 2021, titled "Study of state of play enterprise adoption for private 5G use cases".

New Accedian Research Finds Transport and Logistics ready to move for 5G

Retrieved on: 
Wednesday, February 16, 2022
Adoption, TMT, MEC, Transport and Logistics Centre, Datatec, VP, Skylight, Transport, Hope, Awareness, Technology, CSP, Airport, Partnership, Automation, Research, Eye, Logistics, Industry, Risk management, Warehouse, Renewable energy, Accedian

MONTREAL, Feb. 16, 2022 /PRNewswire/ -- Accedian, a leader in performance analytics, cybersecurity threat detection and end user experience solutions, today released a new research study on the future of 5G in the transportation industry. Conducted in partnership with Analysys Mason, a leading management consultancy focused on telecoms, media and technology (TMT), the research found that an overwhelming number of transport and logistics enterprises (92%) plan to deploy private 5G by 2024.

Key Points: 
  • Conducted in partnership with Analysys Mason, a leading management consultancy focused on telecoms, media and technology (TMT), the research found that an overwhelming number of transport and logistics enterprises (92%) plan to deploy private 5G by 2024.
  • But barriers still remain: transport enterprises are concerned about the management and deployment complexity of private 5G networks.
  • It also helps us better prepare to accelerate and assist the adoption of 5G by our valuable Transport and Logistics customers."
  • Key highlights from the transport research include:
    The vast majority are motivated by security and the hope that 5G will be more secure with enhanced authentication and encryption features.

New Accedian Research Finds Transport and Logistics ready to move for 5G

Retrieved on: 
Wednesday, February 16, 2022
Adoption, TMT, MEC, Transport and Logistics Centre, Datatec, VP, Skylight, Transport, Hope, Awareness, Technology, CSP, Airport, Partnership, Automation, Research, Eye, Logistics, Industry, Risk management, Warehouse, Renewable energy, Accedian

Conducted in partnership with Analysys Mason, a leading management consultancy focused on telecoms, media and technology (TMT), the research found that an overwhelming number of transport and logistics enterprises (92%) plan to deploy private 5G by 2024.

Key Points: 
  • Conducted in partnership with Analysys Mason, a leading management consultancy focused on telecoms, media and technology (TMT), the research found that an overwhelming number of transport and logistics enterprises (92%) plan to deploy private 5G by 2024.
  • But barriers still remain: transport enterprises are concerned about the management and deployment complexity of private 5G networks.
  • It also helps us better prepare to accelerate and assist the adoption of 5G by our valuable Transport and Logistics customers."
  • Key highlights from the transport research include:
    The vast majority are motivated by security and the hope that 5G will be more secure with enhanced authentication and encryption features.

Skylight Health Group Completes Divestiture of Legacy Business to New Frontier Data

Retrieved on: 
Wednesday, December 15, 2021
U.S. Securities and Exchange Commission, Consultant, Company, Canadian Securities Administrators, Sale, VBC, CAD, USD, FFS, NASDAQ, Patient, Security (finance), Skylight, TSX Venture Exchange, GLOBE, HEALTH, TSX, Bank, Healthcare, Health insurance

TORONTO, Dec. 15, 2021 (GLOBE NEWSWIRE) -- Skylight Health Group Inc. (NASDAQ: SLHG; TSXV:SLHG) (Skylight Health, Skylight or the Company), a multi-state primary care group in the United States, today announced the closing and divestiture of its Canna Care Docs and Relaxed Clarity (Legacy Business) to New Frontier Data.

Key Points: 
  • TORONTO, Dec. 15, 2021 (GLOBE NEWSWIRE) -- Skylight Health Group Inc. (NASDAQ: SLHG; TSXV:SLHG) (Skylight Health, Skylight or the Company), a multi-state primary care group in the United States, today announced the closing and divestiture of its Canna Care Docs and Relaxed Clarity (Legacy Business) to New Frontier Data.
  • Skylight Health Group is well positioned to support, navigate, and lead alongside physician-owned primary care practices towards a radically changing primary care market.
  • Finally, the Skylight Health Group announces the grants of 219,318 shares issued to directors pursuant to the restricted stock unit plan as part of their annual compensation.
  • ABOUT SKYLIGHT HEALTH GROUP INC.
    Skylight Health Group (NASDAQ:SLHG;TSXV:SLHG) is a healthcare services and technology company, working to positively impact patient health outcomes.

Tito Puente's Memory is Honored by Yolanda Duke - The Voice of the World - & Tito Puente Jr.

Retrieved on: 
Thursday, December 2, 2021
Rain, Singing, Music, Skylight, Doral, Radio, Rotation, GLOBE, Yolanda, Dominican Republic, Dominican, The King, YouTube

To enhance the audience of El Bribon de Aguacero, Yolanda and her team filmed a music video that was shot primarily in #Times Square and #Brooklyn NY. The video--directed by her husband/manager Andy Grullon--showcases Yolanda while out on the town and singing in the rain, as a nearby talented dancer #KatherineJimenez_official, expresses her own interpretation of the song. Tito Puente Jr. is also seen throughout, pushing the rhythm with his trademark timbales. The video will be available to be viewed on YouTube and other digital platforms on Dec. 03, 2021.

Key Points: 
  • Yolanda Duke recorded El Bribon del Aguacero at Skylight Recording Studio in Union, New Jersey,with renowned multi-Grammy winning engineer Guido Diaz.
  • She breathes new life into the popular song, with an exuberant vocal delivery that perfectly captures the essence of the tune.
  • Tito Puente Jr. is also seen throughout, pushing the rhythm with his trademark timbales.
  • The video will be available to be viewed on YouTube and other digital platforms on Dec. 03, 2021.

Skylight Health Group Executes Definitive Asset Purchase Agreement to Divest Legacy Business to New Frontier Data

Retrieved on: 
Friday, October 29, 2021
FFS, Skylight, USD, Technology, United, TSX Venture Exchange, Industry, Canadian Securities Administrators, Data collection, Security (finance), U.S. Securities and Exchange Commission, Patient, NASDAQ, Policy, HEALTH, Intelligence, Company, Solution, VBC, GLOBE, Sale, Bank, Healthcare, Drug

TORONTO, Oct. 29, 2021 (GLOBE NEWSWIRE) -- Skylight Health Group Inc. (NASDAQ: SLHG; TSXV:SLHG) (Skylight Health, Skylight or the Company), a multi-state primary care group in the United States, today announced the execution of a Definitive Agreement with New Frontier Data to divest 100% of assets related to its legacy businesses Canna Care Docs and Relaxed Clarity (Legacy Business).

Key Points: 
  • TORONTO, Oct. 29, 2021 (GLOBE NEWSWIRE) -- Skylight Health Group Inc. (NASDAQ: SLHG; TSXV:SLHG) (Skylight Health, Skylight or the Company), a multi-state primary care group in the United States, today announced the execution of a Definitive Agreement with New Frontier Data to divest 100% of assets related to its legacy businesses Canna Care Docs and Relaxed Clarity (Legacy Business).
  • This is an important move forward for all team members of Skylight Health Group, said Prad Sekar, chief executive officer.
  • ABOUT SKYLIGHT HEALTH GROUP INC.
    Skylight Health Group (NASDAQ:SLHG;TSXV:SLHG) is a healthcare services and technology company, working to positively impact patient health outcomes.
  • Founded in 2014, New Frontier Data is headquartered in Washington, D.C. with a presence in Europe, Latin America and Africa.

Skylight Health Partners with Major National Direct Contracting Entity for Value-Based Care Participation

Retrieved on: 
Thursday, October 7, 2021
NASDAQ, Company, National, Center, MSSP, Risk, Model, Telehealth, Contract, Medicaid, Direct, De novo, Centers for Medicare & Medicaid Services, GLOBE, CMMI, Growth, Population, HEALTH, CMS, Skylight, Agreement, Medicare, ACO, Participation, CEO, Mark (given name), Acquisition, Patient, DCE, Accountable care organization, Health insurance, Pharmaceutical industry

TORONTO, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Skylight Health Group Inc. (NASDAQ: SLHG; TSXV:SLHG) (Skylight Health, Skylight or the Company), a multi-state primary care group in the United States, today announced the execution of a Participation Provider Contract with a leading national healthcare organization who is a recipient of a Direct Contracting Entity (DCE) license, with Skylight Healths participation beginning in 2022.

Key Points: 
  • TORONTO, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Skylight Health Group Inc. (NASDAQ: SLHG; TSXV:SLHG) (Skylight Health, Skylight or the Company), a multi-state primary care group in the United States, today announced the execution of a Participation Provider Contract with a leading national healthcare organization who is a recipient of a Direct Contracting Entity (DCE) license, with Skylight Healths participation beginning in 2022.
  • The DCE entity that Skylight will be partnering with brings several years of value-based care programs managing over 200,000 value based patient lives annually.
  • By partnering with a National entity, Skylight can expect to receive infrastructure and capability support to accelerate its shift to risk.
  • ABOUT SKYLIGHT HEALTH GROUP INC.
    Skylight Health Group (NASDAQ:SLHG; TSXV:SLHG) is a healthcare services and technology company, working to positively impact patient health outcomes.