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Premier Health of America Inc T.PSN


Primary Symbol: V.PHA

Premier Health of America Inc. is a Canada-based healthtech company. The Company is a specialized healthcare services company that provides a range of staffing and outsourced service solutions for healthcare needs to governments, corporations, and individuals. The Company operates through two segments: Per Diem and Travel Nurse. The Company’s Per diem segment includes staff who work on an as-needed basis, sometimes for multiple health care institutions and are typically assigned shifts at the last minute and paid directly tied to worked hours. Its Travel Nurse segment includes healthcare professionals who work in temporary positions, carrying out short- and medium-term assignments that require travel, especially in remote areas. Its services are provided through its LiPHe platform developed with the objective of optimizing and streamlining the business-to-customer relationship and product offering through the use of business process automation and business intelligence applications.


TSXV:PHA - Post by User

Comment by thetis88on Nov 29, 2012 1:54am
212 Views
Post# 20658515

RE: RE: Was this the reason it was spun out??

RE: RE: Was this the reason it was spun out??

mj

fourth glass now

yes you do age receivables if they are not due

over 180 days means they are oustanding for 180 days

might be due in 210 days

but the age of that receivable is 180 days- read report again

if you have an accounting policy that allows you to set up sales in advance in accounts receivable the amounts are set in advance,  and in many cases they could be due to be paid  180 days- thus your receivable is 180  days old

thats not a collection issue

thats a revenue recognition issue

thats it

on to glass five

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