Associated tags: Trinity Health Mid-Atlantic, UT Health East Texas, HCA, Premier Health Partners, University of Kansas Health System, Hospital, Urgent Care Association, Ardent, Health, PHA, Corporation, Nursing, Federation, Association of British HealthTech Industries, CHCA
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.
Retrieved on:
Monday, February 26, 2024
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.
Key Points:
- 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.
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Tuesday, December 12, 2023
Adjusted EBITDA for the quarter was $2.1M ($2.2M for the same period in 2022).
Key Points:
- 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.
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Wednesday, November 22, 2023
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”).
Key Points:
- 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.
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Thursday, November 9, 2023
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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.
Key Points:
- 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.
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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.
Retrieved on:
Thursday, September 14, 2023
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Nursing FORT COLLINS, Colo., Sept. 14, 2023 /PRNewswire-PRWeb/ -- Premier Health and U.S. Career Institute have partnered to bring Employment Solutions to Urgent Care Facilities across the United States through education. The goal of this partnership is to solve current healthcare industry staffing challenges through innovative solutions in the urgent care industry. Like healthcare providers nationwide, urgent care operators need long-term solutions to keep facilities operating efficiently, safely and with excellent patient care and outcomes.
Key Points:
- The goal of this partnership is to solve current healthcare industry staffing challenges through innovative solutions in the urgent care industry.
- FORT COLLINS, Colo., Sept. 14, 2023 /PRNewswire-PRWeb/ -- Premier Health and U.S. Career Institute have partnered to bring Employment Solutions to Urgent Care Facilities across the United States through education.
- The goal of this partnership is to solve current healthcare industry staffing challenges through innovative solutions in the urgent care industry.
- "I am excited about this partnership with U.S. Career Institute "stated Jared LeDoux, VP of Human Resources at Premier Health.
Retrieved on:
Thursday, August 24, 2023
RFP,
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Health “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.
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Life insurance MONTRÉAL, July 04, 2023 (GLOBE NEWSWIRE) -- Premier Health of America Inc. (TSXV: PHA) (“Premier Health” or the “Corporation”), a leading Canadian Healthtech company, is pleased to announce that it has signed this day a binding share purchase agreement (the “Agreement”) to acquire 100% of the outstanding shares of Solutions Staffing Inc. (“Solutions Staffing” or “SSI”) from its current shareholders (the “Transaction”).
Key Points:
- MONTRÉAL, July 04, 2023 (GLOBE NEWSWIRE) -- Premier Health of America Inc. (TSXV: PHA) (“Premier Health” or the “Corporation”), a leading Canadian Healthtech company, is pleased to announce that it has signed this day a binding share purchase agreement (the “Agreement”) to acquire 100% of the outstanding shares of Solutions Staffing Inc. (“Solutions Staffing” or “SSI”) from its current shareholders (the “Transaction”).
- As a result of the Transaction, Solutions Staffing will become a wholly owned subsidiary of the Corporation and will continue its business which consists in providing specialized healthcare staffing services.
- “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.
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Corporation,
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Ministry of Health (New Zealand),
National Assembly of Quebec,
Adjustment,
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Property management,
LIPH,
Health “We are happy to report improved results for this quarter.
Key Points:
- “We are happy to report improved results for this quarter.
- Our gross margins remain within our target range while CHCA continues to deliver results in-line with the expectations we had when we purchased it last year.
- We are thrilled about the diversification it brings to our portfolio and eager to add 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 212,600 hours of service during the quarter.
