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Premier Health of America Inc T.PSN


Primary Symbol: V.PHA

Premier Health of America Inc. is a Canadian healthtech company. The Company provides a comprehensive range of outsourced service solutions for healthcare needs to governments, corporations, and individuals. The Company uses its proprietary LiPHe platform to lead the healthcare services sector in digital transformation to provide patients with more accessible care services. The Company operates through two segments: Per Diem and Travel Nurses. The Per Diem segment includes Premier Soin and Code Bleu, two of its Quebec subsidiaries that offer their respective services for nursing and assistance by profile and by region. The Travel nurse segment includes Canadian Health Care Agency, Premier Soin Nordik, Solutions Nursing as well as Solutions Staffing, four of its subsidiaries that offer their respective services to the federal and provincial governments for nursing and assistance, including in remote regions.


TSXV:PHA - Post by User

Post by jstinveston Nov 17, 2012 12:57pm
295 Views
Post# 20613706

Dividend declared and Accounts Receivable:

Dividend declared and Accounts Receivable:

The A/R write down should have some strings attached to it meaning it's not all lost. At some point in the future, they should be able to get the money owed unless all the companies owing them go bankrupt - even in that case they will not be at bottom of food chain to collect their money through court. A couple of positives is that natural gas prices are picking up and rig counts in the US will start going up again meaning they could have a write up on those receivables a lot quicker once their customers become profitable again. Another positive is that the dividend is already declared for Nov and Dec plus insiders own a significant amount of shares with no selling:

https://www.stockhouse.com/news/canadianreleasesdetail.aspx?n=8643429

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