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Premier Health of America Inc
Symbol PHA
Shares Issued 56,233,936
Close 2023-11-22 C$ 0.35
Market Cap C$ 19,681,878
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Premier Health unit wins $23-million in ISC contracts

2023-11-22 18:01 ET - News Release

Mr. Jean-Robert Pronovost reports

PREMIER HEALTH'S SUBSIDIARY CANADIAN HEALTH CARE AGENCY AWARDED CONTRACTS VALUED AT $23M

Premier Health of America Inc.'s wholly owned subsidiary, Cambridge-based Canadian Health Care Agency (CHCA), has been retained as a primary contractor for four-year contracts with Indigenous Services Canada (ISC).

CHCA has been retained as a primary contractor in Ontario, and as backup stream in Manitoba and Alberta, to provide nursing services and care primarily in remote, isolated and semi-isolated communities. The contracts have an initial term of four years, for an initial estimated value of $23.4-million, and includes four one-year extension options, that, if exercised, could increase the total value of the contracts over the full eight-year period. The contracts were awarded on Nov. 3 and are to transition in early 2024. Indigenous Services Canada (ISC) works collaboratively with partners to improve access to high-quality services for first nations, Inuit and Metis. ISC's vision is to support and empower indigenous people to independently deliver and address the socioeconomic conditions in their communities.

CHCA is a provider of specialized nursing services that focuses on the recruitment, training and placement of registered nurses and nurse practitioners for expanded roles and essential services to indigenous communities across Canada's North. CHCA is based in Cambridge, Ont., and was founded in 2001 in response to severe staffing shortages in Canada's northern regions.

"We are pleased to have been selected to continue working with ISC. Our exceptional health care and administrative professionals are excited about the contract award and appreciate the trust placed in CHCA to continue providing health care services to remote, isolated and semi-isolated first nations communities in Ontario, Manitoba and Alberta," said Giovanni Garay, general manager of CHCA.

About Premier Health of America Inc.

Premier Health is a leading Canadian health tech company that provides a comprehensive range of outsourced services solutions for health care needs to governments, corporations and individuals. Premier Health uses its proprietary LiPHe platform to lead the health care services sector digital transformation to provide patients with faster, cheaper and more accessible care services.

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