Empower Clinics are opening up in Toronto MedX featuredhttps://stockhouse.com/news/press-releases/2022/03/09/empower-clinics-opens-flagship-location-and-8th-clinic-in-greater-toronto-area
Here is the reference in the announcement; Co-located with an independent pharmacy business, the new 3500 square feet flagship Etobicoke clinic will offer family medicine and serve as a hub for tele-dermatology in partnership with MedX Health Corp (MDX.V) and paramedical services such as chiropractor and physiotherapy. There are currently four family doctors on staff with plans to hire general practice and specialist physicians to accommodate additional services in the coming months.
The key to the announcement, every clinic they open MedX is included. This will increases MedX patient accessability. If Medx has millions of patients by years end that can gain access to their technology it means their recurring revenue model will become much more predictable and reliable. This wil translate to a higher multiple on the SaaS revenue.
Here is a guideline for calculating SaaS revenue; https://flowcap.com/4-key-metrics-to-calculate-a-private-saas-valuation/