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Premier Health of America Inc V.PHA

Healthcare
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

Premier Health of America Inc > Results
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Comment by apainteron Dec 14, 2023 11:28am
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Post# 35784525

RE:RE:RE:RE:RE:RE:Results

RE:RE:RE:RE:RE:RE:ResultsAlso Q4 Rev was 23.4M while the receivable is 20.66M so the outstanding is for about 90 days
Further more, the notes to FS says this about trade recievables-
Based on the Company’s business model, expected credit losses over the life of the trade receivables are considered immaterial since the potential for default at any time during the life of the financial instrument is deemed almost nil, based on past experience.

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