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Premier Health of America Inc 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 May 10, 2023 1:04pm
85 Views
Post# 35441089

RE:Fundamentals is thrown out the window

RE:Fundamentals is thrown out the window
Torontojay, have you seen the post on their website published on April 28?

https://www.premierhealthgroup.ca/2023/04/28/our-perspective-on-bill-10/

In their post they don't provide specifics I suspect because detailed regulations have yet to be published, although Bill 10 has been passed.

However, they comment that "Premier Health of America is confident in its capacity to adapt to the changing political environment, and we are determined to continue helping people within the province of Quebec and elsewhere in Canada."

They also say that "We believe that Bill 10 and the current political exercise could eventually have a positive impact on our sector by setting a clear framework for agencies and independent workforce. Such a framework would improve the competitive landscape and favor those like us who are capable and willing to work within a well-defined environment for the long term."

Further: "Working conditions and flexibility are by far the most important considerations that leads medical personnel to find alternatives to the public network. In this context, operationalization of Bill 10 implies exhaustive negotiations with unions and professional associations regarding the modernisation of collective agreements with the objective to offer more flexibility and better working conditions to healthcare professionals. We salute the pursuit of this objective but anticipate the time frame for a resolution to be long."

It seems also that Bill 10 has a clause that "By regulation, the Minister grants himself a discretionary power that allows him to establish exceptions to use agencies."

So the Minister grants himself the power to eliminate agencies, but also establish exceptions to use agencies.

So I guess they could "implement" the bill while still retaining "exceptions".






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