Launches Its Second Paratransit Contract MONTREAL, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Premier Health of America Inc. (TSXV: PHA) (“Premier Health” or the “Corporation”), a leading Canadian Healthtech company, is pleased to announce that it’s launching its second five-year paratransit contract. The two contracts awarded by the Government of Quebec in March 2021 (the “Contracts”) cover two distinct Quebec administrative regions and represent together an estimated 28,000 transport segments per year for a total value of approximately $18M.
Paratransit service is a non-ambulatory adapted medical transport required to transfer patients for treatments and medical appointments between facilities in light vehicles with specialized equipment such as multi-position chairs, bariatric chairs, vital signs monitors, and central oxygen devices. The Corporation carries out the service using its PSweb platform which recent version includes dispatching and monitoring features. Each transport is accompanied by a nurse provided by the Corporation resulting in an increase in organic growth for PHA’s main business segment.
“The rationale behind this service is to accelerate organic growth by being able to provide additional services to existing customer organizations while using our existing technology infrastructure and our qualified nurses” said Martin Legault, CEO of Premier Health.
https://www.globenewswire.com/news-release/2021/10/05/2308634/0/en/Premier-Health-Launches-Its-Second-Paratransit-Contract.html