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Premier Health of America Inc PRHAF


Primary Symbol: V.PHA

Premier Health of America Inc. is a Canadian healthtech company. The Company provides a comprehensive range of outsourced service solutions for healthcare needs to governments, corporations, and individuals. The Company uses its proprietary LiPHe platform to lead the healthcare services sector in digital transformation to provide patients with more accessible care services. The Company operates through two segments: Per Diem and Travel Nurses. The Per Diem segment includes Premier Soin and Code Bleu, two of its Quebec subsidiaries that offer their respective services for nursing and assistance by profile and by region. The Travel nurse segment includes Canadian Health Care Agency, Premier Soin Nordik, Solutions Nursing as well as Solutions Staffing, four of its subsidiaries that offer their respective services to the federal and provincial governments for nursing and assistance, including in remote regions.


TSXV:PHA - Post by User

Comment by colouramaon Aug 25, 2022 12:31am
91 Views
Post# 34918889

RE:A solid quarter

RE:A solid quarter Thanks for your analysis Torontojay. One perhaps small thing that I liked in their MD&A is that they (bilaterally) agreed to terminate one of the two non-emergency ambulatory service contracts without penalty and disposed of 19 transports after realizing that they had no visiblity of their order of new leased vehicles from the supplier.

This will allow them to dump non-profitable revenue and not waste time and resources trying to fix up this vertical, which would have been promising except for the supply chain issues outside their control.

This should improve the bottom line and free up more resources to focus on their core business area. I am happy they made this decision rather than fall to the "sunk cost" fallacy.
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