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Premier Health Announces the Appointment of Bruno Morel as its New CTO

Retrieved on:

Monday, April 8, 2024

PHA, Health, Corporation, App Store (iOS/iPadOS), AI, DevOps, Management

MONTRÉAL, April 08, 2024 (GLOBE NEWSWIRE) -- Premier Health of America Inc. (TSXV: PHA) (the “Corporation” or “Premier Health”), a leading Canadian Health tech company, announces the appointment of Bruno Morel as the Corporation’s new Chief Technology Officer, effective immediately.

Key Points:

MONTRÉAL, April 08, 2024 (GLOBE NEWSWIRE) -- Premier Health of America Inc. (TSXV: PHA) (the “Corporation” or “Premier Health”), a leading Canadian Health tech company, announces the appointment of Bruno Morel as the Corporation’s new Chief Technology Officer, effective immediately.
“We are very excited to have Bruno join Premier Health.
Bruno has over 20 years of experience building complex software and managing development and operation teams in fast developing technology companies.
Current Chief Technology Officer Éric Dupont, who joined Premier Health in December 2021, will continue with the Corporation for a transition period.

Premier Health Reports 2024 First Quarter Results

Retrieved on:

Monday, February 26, 2024

Acquisition, MD, SSI, Premier Health Partners, CHCA, PHA, Adjustment, Bank statement

Adjusted EBITDA for the quarter was $2.6M ($1.5M for the same period in 2022), despite acquisition costs of around $650K in the quarter and only 52 days of contribution from SSI.

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Adjusted EBITDA for the quarter was $2.6M ($1.5M for the same period in 2022), despite acquisition costs of around $650K in the quarter and only 52 days of contribution from SSI.
Net Loss for the quarter was $0.2M ($0.4M for the same period in 2022); resulting from acquisition costs and higher financing costs.
The first quarter of 2024 was marked by the largest acquisition and refinancing PHA has completed so far.
In that context there is still a lot of consolidation possible in Canada and we are eager to pursue our growth outside Quebec,” said Martin Legault, CEO of Premier Health.

Premier Health Reports 2023 Fourth Quarter Results

Retrieved on:

Tuesday, December 12, 2023

Travel, Indigenous Services Canada, Social services, Acquisition, Premier Health Partners, Bank statement, CHCA, PHA, SSI

Adjusted EBITDA for the quarter was $2.1M ($2.2M for the same period in 2022).

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Adjusted EBITDA for the quarter was $2.1M ($2.2M for the same period in 2022).
During the fourth quarter of 2023, PHA suffered a slight decrease in Adjusted EBITDA when compared to last year.
This quarter was generally in line with management’s expectations, although a goodwill impairment loss was recorded against the Code Bleu agency.
Our eyes remain open to consolidate more assets in Ontario and the rest of Canada, and we feel there are still good opportunities available,” said Martin Legault, CEO of Premier Health.

Duchesnay Inc. is seeking Health Canada approval for a segesterone acetate/ethinyl estradiol contraceptive vaginal system, a new option for women

Retrieved on:

Thursday, November 30, 2023

Marketing, Regulation, Partnership, Government, Commercial, Woman, Research, FDA, Hormone, Health, DPG, Health Canada, Population Council, Birth, Strategy, NDS, Food and Drug Administration, Pharmaceutical industry

With its long-acting properties, this product is another step toward bringing contraceptive choice, convenience and control to women around the world.

Key Points:

With its long-acting properties, this product is another step toward bringing contraceptive choice, convenience and control to women around the world.
RingzaTM * is a soft reusable silicone vaginal ring which combines two hormones, a novel progestin (segesterone acetate) and a widely used estrogen (ethinyl estradiol), which are diffused at a slow, steady rate in the bloodstream.
“Our partnership with Population Council and the submission of this novel contraceptive method is in line with our research interests and global expansion efforts.
The product’s safety and efficacy are still under investigation of Health Canada and marketing authorization has not yet been granted.

Premier Health’s Subsidiary Canadian Health Care Agency Awarded Contracts Valued at $23m

Retrieved on:

Wednesday, November 22, 2023

First Nations, Indigenous Services Canada, Nurse practitioner, ISC, PHA, MB, Registered nurse, Nursing

MONTREAL, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Premier Health of America Inc. (TSXV: PHA) (the “Corporation” or “Premier Health”), a leader in healthcare services and technologies, is pleased to announce that its wholly-owned subsidiary, Cambridge based Canadian Health Care Agency (“CHCA”), has been retained as a primary contractor for 4-year contracts with Indigenous Services Canada (“ISC”).

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MONTREAL, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Premier Health of America Inc. (TSXV: PHA) (the “Corporation” or “Premier Health”), a leader in healthcare services and technologies, is pleased to announce that its wholly-owned subsidiary, Cambridge based Canadian Health Care Agency (“CHCA”), has been retained as a primary contractor for 4-year contracts with Indigenous Services Canada (“ISC”).
The contracts were awarded on November 3 and are to transition in early 2024.
Indigenous Services Canada (ISC) works collaboratively with partners to improve access to high quality services for First Nations, Inuit, and Métis.
ISC’s vision is to support and empower Indigenous people to independently deliver and address the socio-economic conditions in their communities.

Premier Health Completes the Previously Announced Acquisition of British Columbia Based Solutions Staffing Inc.

Retrieved on:

Thursday, November 9, 2023

Acumen, EBITDA, SSI, Acquisition, Premier Health Partners, Licensed practical nurse, Transaction, Organization, PHA, Corporation, Tax, Registered nurse, Environment, Travel, Bank, Nursing

As a result of the Transaction, Solutions Staffing has become a wholly owned subsidiary of the Corporation and will continue its business which consists in providing specialized healthcare staffing services.

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As a result of the Transaction, Solutions Staffing has become a wholly owned subsidiary of the Corporation and will continue its business which consists in providing specialized healthcare staffing services.
Concurrently with the Transaction, the Corporation is also reaching financial close on the $50 million financing announced on October 30, 2023.
“We are very excited with the opportunity to continue growing Solutions Staffing’s travel nurse operations with its experienced management team.” said Martin Legault, CEO of Premier Health.
Solutions Staffing is active in British Columbia, Alberta, Saskatchewan, Northwest Territories, Nunavut, and Yukon.

Premier Health Secures Debt Financing for its Previously Announced Acquisition

Retrieved on:

Monday, October 30, 2023

TSX Venture Exchange, Term Asset-Backed Securities Loan Facility, PHA, Policy, Business Development Bank of Canada, PPM America, Inc., Acquisition, Association of British HealthTech Industries, Transaction, Security (finance), Royal Bank, BDC, Banking in Canada

MONTREAL, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Premier Health of America Inc. (TSXV: PHA) (“Premier Health” or the “Corporation”), a leading Canadian Healthtech company, is announcing a $50 million secured credit package (the “Secured Financing”) aimed at closing the acquisition of Solution Staffing Inc. (the “Transaction”), which was announced on July 4th, 2023, including a refinancing of its current revolving facility and new term loans to finance the Transaction.

Key Points:

MONTREAL, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Premier Health of America Inc. (TSXV: PHA) (“Premier Health” or the “Corporation”), a leading Canadian Healthtech company, is announcing a $50 million secured credit package (the “Secured Financing”) aimed at closing the acquisition of Solution Staffing Inc. (the “Transaction”), which was announced on July 4th, 2023, including a refinancing of its current revolving facility and new term loans to finance the Transaction.
The other three loans have fixed rates averaging 14.3%.
The Secured Financing is led by the Royal Bank of Canada and BDC Capital Inc., sole affiliate of the Business Development Bank of Canada and is subject to certain conditions precedents, mainly the conclusion of the Transaction and other customary conditions.
Collateral security for the Secured Financing will be provided by PHA and its subsidiaries.

Bath Depot Celebrates Its 15th Anniversary: A Decade and a Half of Innovation and Success

Retrieved on:

Monday, October 2, 2023

Lighting, Face, Evolution, History, Bath, Trust, Origin, Growth, Retail, The Maritimes

In the face of competition from large retailers, we stood out by offering specialized and high-quality products.

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In the face of competition from large retailers, we stood out by offering specialized and high-quality products.
Over the past 15 years, Bath Depot has continually evolved to meet the changing needs of its customers.
On this 15th anniversary, Bath Depot extends warm thanks to its customers, employees, and partners for their unwavering trust and support.
For more information about Bath Depot and our products, please visit our website at: www.bathdepot.ca

Ramping up: Volvo starts serial production of electric trucks in Ghent

Retrieved on:

Thursday, September 14, 2023

Tax, Volvo Trucks, CO2, Safety, Truck, Volvo, Tuve, Automotive industry, Rail transport

GOTHENBURG, Sweden, Sept. 14, 2023 /PRNewswire/ -- Volvo Trucks ramps up electric truck volumes and starts serial production of heavy battery electric trucks at the Ghent factory in Belgium.

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GOTHENBURG, Sweden, Sept. 14, 2023 /PRNewswire/ -- Volvo Trucks ramps up electric truck volumes and starts serial production of heavy battery electric trucks at the Ghent factory in Belgium.
Now even more transport companies can go electric with Volvo," says Roger Alm, President Volvo Trucks.
Three different electric models will be built in Ghent – the Volvo FH, the Volvo FM and the Volvo FMX Electric.
The Ghent factory is the largest Volvo Trucks production site with a yearly capacity of around 45 000 trucks.

Premier Health Reports Third Quarter Results

Retrieved on:

Thursday, August 24, 2023

“We are pleased to show improved results driven by a return to normal of our gross margins.

Key Points:

“We are pleased to show improved results driven by a return to normal of our gross margins.
Our eyes remain open to consolidate more assets in Ontario and the rest of Canada,” said Martin Legault, CEO of Premier Health.
“We’ll continue to rigorously manage our existing assets, as we monitor the evolving Quebec market.”
The Corporation provided 217,100 hours of service during the quarter.
The special measures imposed by the Ministry of Health last year were lifted as of January 1st, 2023.