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Empower Clinics Inc EPWCF

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.


GREY:EPWCF - Post by User

Post by Smokey1958on Aug 11, 2021 6:58pm
129 Views
Post# 33689434

Doctors in Ontario....

Doctors in Ontario.........and why Empowers' clinic expansion will be incredibly successful is, in a word ....about money. One of the most challenging aspects of being a doctor in Canada is remuneration relative to the costs of starting up and sustaining an office. Even within a much larger clinic, actual costs to individuals physicians and other health practioners will be significantly less than each having their own office. The idea of "joining forces" and sharing costs is not new ....it just hasn't been carried out on this scale and with this paradigm shift before. Among others, veterinarians and dentists have done this and now a company forging ahead with clinics offering a multitude of medical services ....all in one space.

To suggest the potential for this in terms of patient care, practioner affordability and shareholder value is misguided, demonstrates a clear failure to honestly assess this potential and the "facts" behind it. No, it may not be moving as fast as some would like ....but that, in no way, reduces the potential for Empower in the longterm.

GLTE .....holding patiently!!!
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