Premier Health Announces $18M Paratransit Tender Win
05 März 2021 - 2:30PM
Premier Health of America Inc. (TSXV:
PHA)
(“
Premier Health” or the
“
Corporation”), a leading Canadian Healthtech
company, is pleased to announce that it was awarded two five years
paratransit contracts by the Government of Quebec for a total value
of approximately $18M (the “
Contracts”). The
Contracts awarded cover the Laurentians and Lanaudière
administrative regions and are expected to start in the course of
2021. The Contracts represent together an estimated 28,000
transport segments per year.
Paratransit service is a non-ambulatory adapted
medical transport required for specialized treatments, medical
appointments and transfer between facilities in vehicles with
dedicated equipment such as multi-position chairs, bariatric
chairs, vital signs monitors, and central oxygen devices.
The Corporation acquired a commercial license in
2019 and has been operating a limited number of paratransit units
to acquire a good understanding of the cost structure and the
technology requirements for this business segment. The Corporation
intends to manage the service using its PSweb platform which recent
version includes applications developed specifically for this
service, including dispatching and monitoring features.
“The rationale behind this new business unit is
to be able to provide additional services to current customer
organizations while using our existing technology infrastructure,”
Said Martin Legault, CEO of Premier Health. “The operating metrics
we acquired over the last two years gave us enough key performance
indicators to be successful with the tender process.”
About Premier Health
Premier Health is a leading Canadian Healthtech
company that provides a comprehensive range of outsourced services
solutions for healthcare needs to governments, corporations, and
individuals. Premier Health uses its proprietary PSweb software
platform to lead the healthcare services sector digital
transformation to provide patients with faster, cheaper and more
accessible care services.
For Further Information Please
Contact:
Mr. Jean-Robert Pronovost Vice-President, Corporate
DevelopmentPremier Health of America Inc.
jrpronovost@premierhealth.ca / 1 800 231 9916
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
INFORMATION:
This press release contains forward-looking
information based on current expectations. Statements about the
date of trading of the Corporation’s common shares on the Exchange
and final regulatory approvals, among others, are forward-looking
information. These statements should not be read as guarantees of
future performance or results. Such statements involve known and
unknown risks, uncertainties and other factors that may cause
actual results, performance or achievements to be materially
different from those implied by such statements. The Corporation
assumes no responsibility to update or revise forward-looking
information to reflect new events or circumstances unless required
by law. These factors and others are more fully discussed in the
filings of the Corporation with Canadian securities regulatory
authorities available at www.sedar.com.
Premier Health of America (TSXV:PHA)
Historical Stock Chart
Von Dez 2024 bis Jan 2025
Premier Health of America (TSXV:PHA)
Historical Stock Chart
Von Jan 2024 bis Jan 2025