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Premier Health of America Inc V.PHA

Alternate Symbol(s):  PRHAF

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 Jul 28, 2023 5:02pm
77 Views
Post# 35562386

RE:RE:RE:RE:Stock price

RE:RE:RE:RE:Stock priceBigmac, in short, the Quebec government has been unhappy at the predatory private staffing agencies (not PHA as I understand) charging excessive rates that have been operating during Covid in Quebec, and so has introduced and passed a bill to eliminate the use of private staffing agencies in the province over a few years.

The bill has no specifics on how they plan to achieve this, and it is extremely unclear whether such an aim is at all feasible without significant detriments to the Quebec health system, so the speculation is that they may instead introduce a cap on rates that private staffing agencies can charge to combat this predatory activity. Such a cap is likely to be beneficial to PHA as it will eliminate the smaller predatory agencies which won't be able to compete.

You say that you know SSI in depth - would you care to elaborate your viewpoint on Solutions Staffing? I agree that it is a game changer - just curious what your perspective is since you mention you are extremely familiar with SSI.

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