Empower Clinics Inc EPWCF

Healthcare

Empower Clinics Inc. is a Canada-based integrated healthcare and medical device company with multi-disciplinary clinics. The Company provides body and mind wellness for patients through its medical clinics, digital and telemedicine care, medical diagnostics laboratories, and sale of medical devices. Its segments include Health & Wellness, comprising clinic operations, patient visits, and telemedicine services; Diagnostics & Technology, comprising the diagnostic testing services provided by Kai Medical, and the sale of medical equipment by Kai Medical Canada Corp. and MediSure; and Corporate. It is focused on offering clinical trial services, such as clinical trial design, patient recruitment, data management and regulatory compliance for the pharmaceutical, biotechnology and medical device industries. It has two clinical research sites in Dallas, Texas, becoming a site management organization (SMO) with six principal investigators (PI) with multiple clinical trials under application.

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Empower Clinics Inc > Not everyday has to be green

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Comment by inviolablspiriton Nov 25, 2020 11:50pm

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RE:RE:RE:RE:RE:RE:RE:RE:Not everyday has to be green

Patient visits may have been down from Q3 2019, but not by much considering COVID and people isolating in 2020. Yet patients spent more money per visit. In Q3 2019 they spent on average $114 vs $124 in Q3 2020. This is certainly positive, considering the current situation, but also keep in mind that the current situation will bring in far more for Empower in the coming months in other areas of their business.

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