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Premier Health of America Inc 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 stockrook86on Aug 25, 2023 7:44am
57 Views
Post# 35604937

RE:RE:Not impressed with the press release

RE:RE:Not impressed with the press release All reads good to me, CHCA down a bit but Quebec looking a lot less dire than Bill 10 might imply. EBITDA at over $10 million annual run rate right now.

I also was a little worried about 45 day timing, but seems in progress to close by the end of september. My most important takeaway is the note that they expect to finance with lenders, and a global redo of the debt probably makes sense since it was due in 2024. Tells me no straight equity dilution, maybe some convertible debt, but could very well just be a straight debt financed deal.
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