H-Source Holdings Ltd V.HSI.H

Alternate Symbol(s): HSCHF

H-Source Holdings Ltd. is a Canada-based technology company operating within the healthcare industry through its wholly owned subsidiary, H-Source, Inc. The Company has developed a technology solution that provides a private, secure and software as a Service (SaaS) platform for members to buy, sell, track, and transfer medical supplies, pharmaceuticals, capital equipment and supplies. integrated artificial intelligence (AI) and business intelligence (BI) enhance the data analytics for supply chain optimization. Members can conduct secure transactions within integrated delivery networks (IDNs), group purchasing organizations (GPOs), the complete healthcare standards institute (HSI) network, or customize their own group of hospitals using the Company’s built-in filters. Its platform is designed to enhance supply chain efficiency.

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H-Source Holdings Ltd

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Post by fischervilleon May 30, 2018 9:16am

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Post# 28098111

V.HSI posts 39% revenue growth for Q1

Operational Highlights

Q1 revenue growth increased sequentially by 39% to $294,458 consisting of $241,361 as revenue and net commission sales of $53,097;
Contracted facilities that have signed up to participate on the network increased by 4% to 1105; platform participants now include IDNs, hospital associations, surgery centers, post-acute and hospital pharmacies;
Active facilities that have bought or sold on the network reached 215 a 12% increase over Q4;
Total value of inventory on the platform available for sale grew to $1,643,100 at the end of Q1.

https://www.newswire.ca/news-releases/h-source-reports-q1-2018-financials-with-growing-revenue-and-healthcare-facility-usage-683920801.html

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