CHCA | Jotup

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.

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.

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).

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.

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.

Dairy Council of California Awarded $250,000 Grant From Legacy Health Endowment in Support of Nutrition Security in the First 1,000 Days of Life

Retrieved on:

Wednesday, July 19, 2023

Partnership, Nutrition, Life, Parent, Legacy Health, Health equity, CHCA, Dairy Council of California, Mother, Growth, Health, Hunger, Community, Caregiver, Dairy, Nursing

SACRAMENTO, Calif., July 19, 2023 (GLOBE NEWSWIRE) -- To support its efforts to improve nutrition security during the earliest stages of life, Dairy Council of California is thrilled to partner with Community Health Centers of America on a $250,000 grant awarded by the Legacy Health Endowment in Turlock.

Key Points:

SACRAMENTO, Calif., July 19, 2023 (GLOBE NEWSWIRE) -- To support its efforts to improve nutrition security during the earliest stages of life, Dairy Council of California is thrilled to partner with Community Health Centers of America on a $250,000 grant awarded by the Legacy Health Endowment in Turlock.
"The Legacy Health Endowment is pleased to award a grant to Community Health Centers of America and Dairy Council of California, long known for their commitment to collaboration and dedication to improving nutrition security and championing community health.
Funds will be used to highlight the importance of dairy as part of healthy eating patterns to underserved communities in the critical first 1,000 days of life,” states Jeffrey Lewis, CEO, Legacy Health Endowment.
Dairy Council of California CEO Amy DeLisio explains further: “We are deeply honored for the collaboration with CHCA and to be awarded the grant from the Legacy Health Endowment.

Premier Health Reports Second Quarter Results

Retrieved on:

Monday, May 29, 2023

Structure of the Canadian federal government, CHCA, National Assembly, Ministry, Federation, Corporation, Rupture, Premier Health Partners, Ministry of Health (New Zealand), National Assembly of Quebec, Adjustment, Automation, 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.

Premier Health’s Subsidiary Canadian Health Care Agency Signs 2-year Agreement in British Columbia

Retrieved on:

Thursday, May 11, 2023

Structure of the Canadian federal government, Federation, Frontier Nursing Service, PHA, CHCA, Registered nurse, Versata Development Group, Inc. v. SAP America, Inc., Nurse practitioner, Nursing

MONTRÉAL, May 11, 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 contractor for a 2-year agreement in British Columbia.

Key Points:

MONTRÉAL, May 11, 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 contractor for a 2-year agreement in British Columbia.
CHCA has been retained as a contractor to provide nursing agency services in geographical areas where the contracted nurses will provide care primarily in rural, remote, isolated, and semi-isolated communities in British Columbia.
The 2-year agreement, for a value of up to $2,000,000, is expected to start on May 1, 2023.
CHCA started its operations in Northern Ontario and quickly expanded its activities to providing services in Nunavut, Northern Manitoba, and British Columbia.

Premier Health Reports First Quarter Results

Retrieved on:

Wednesday, February 22, 2023

Federation, Ministry, Corporation, Ministry of Health (New Zealand), SAP ERP, Ministry of Health, Automation, SAP, Growth, Government, CHCA, Structure of the Canadian federal government, Premier Health Partners, Nursing, Rupture, Health insurance, Health, LIPH

The gross margin for the quarter was 23.5% slightly below our long-term target of 25%, but in-line with expectations for the first quarter.

Key Points:

The gross margin for the quarter was 23.5% slightly below our long-term target of 25%, but in-line with expectations for the first quarter.
Ministry of Health regular changes in operational directives in Quebec related to the state of health emergency continued to affect revenues in Q1-2023.
Acquisition of Ontario based CHCA in the third quarter of FY2022 continues to contribute positively to earnings.
The Ontario agency was acquired in April and contributed to the company’s results for the full first quarter of 2023.

Premier Health Reports Revenues of $80.5M for FY2022

Retrieved on:

Thursday, December 22, 2022

Federation, Ministry, SAP, Ministry of Health (Ontario), United States federal government credit-rating downgrades, SAP ERP, Growth, OTC, Hospital, Nursing, CHCA, Health insurance, Medicine, Health

Revenue and margin volatility related to Ministry of Health regular changes in operational directives in Quebec.

Key Points:

Revenue and margin volatility related to Ministry of Health regular changes in operational directives in Quebec.
Acquisition of Ontario based CHCA in the third quarter of FY2022.
In the course the fiscal year Premier Health Nordik signed new contractual arrangements with eleven hospitals, mainly in Northern Ontario and was recently awarded a 2-year contract for an approximative value of $500,000.
We now anticipate over 25% of our revenues to be generated outside of Quebec going forward.

Community Health Centers of Arkansas Selects HealthTalk A.I. For Patient Engagement

Retrieved on:

Wednesday, September 14, 2022

Health care in Sweden, PCA, CHCA, Museum of Black Arkansans and Performing Arts Center, Organization, Population, Partnership, Community, Language, Patient, Omnichannel, CEO, PCAS, CHC, Communication, Medicine, Healthcare, LinkedIn

RESTON, Va., Sept. 14, 2022 /PRNewswire-PRWeb/ -- HealthTalk A.I., a leading patient engagement company, today announced it has been selected as the patient engagement vendor of choice by Community Health Centers of Arkansas (CHCA).

Key Points:

RESTON, Va., Sept. 14, 2022 /PRNewswire-PRWeb/ -- HealthTalk A.I., a leading patient engagement company , today announced it has been selected as the patient engagement vendor of choice by Community Health Centers of Arkansas (CHCA).
CHCA is a Primary Care Association (PCA) that provides advocacy, training, and support for community health centers (CHCs) located throughout Arkansas.
platform, helping CHCA member health centers improve access to care and reduce health disparities for underserved Arkansans.
About Community Health Centers of Arkansas:
Community Health Centers of Arkansas (CHCA) provides advocacy, training, and support for 12 CHC organizations and their 190+ service locations.

Premier Health Reports FY2022 Third Quarter Results

Retrieved on:

Wednesday, August 24, 2022

During the third quarter our Premier Soin business units revenue remained stable while Code Bleus business unit revenues decreased by 5.7%.

Key Points:

During the third quarter our Premier Soin business units revenue remained stable while Code Bleus business unit revenues decreased by 5.7%.
The decrease in revenue at Code Bleu was mainly due to a temporary shift in the business mix during the quarter as well as absenteeism, a situation previously experienced by Premier Soin in the second quarter.
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 platform to lead the healthcare services sector digital transformation to provide patients with faster, cheaper and more accessible care services.