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Premier Health of America Inc
Symbol PHA
Shares Issued 45,897,047
Close 2021-03-05 C$ 1.27
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Premier Health wins $18M in medical transport contracts

2021-03-05 09:13 ET - News Release

Mr. Martin Legault reports

PREMIER HEALTH ANNOUNCES $18M PARATRANSIT TENDER WIN

Premier Health of America Inc. has been awarded two five-year paratransit contracts by the government of Quebec for a total value of approximately $18-million. The Contracts awarded cover the Laurentians and Lanaudiere administrative regions and are expected to start in the course of 2021. The contracts together represent an estimated 28,000 transport segments per year.

Paratransit service is a non-ambulatory adapted medical transport required for specialized treatments, medical appointments and transfer between facilities in vehicles with dedicated equipment such as multiposition chairs, bariatric chairs, vital sign monitors and central oxygen devices.

The corporation acquired a commercial licence in 2019 and has been operating a limited number of paratransit units to acquire a good understanding of the cost structure and the technology requirements for this business segment. The corporation intends to manage the service using its PSweb platform, which recent version includes applications developed specifically for this service, including dispatching and monitoring features.

"The rationale behind this new business unit is to be able to provide additional services to current customer organizations while using our existing technology infrastructure," said Martin Legault, chief executive officer of Premier Health. "The operating metrics we acquired over the last two years gave us enough key performance indicators to be successful with the tender process."

About Premier Health of America Inc.

Premier Health is a leading Canadian health technology company that provides a comprehensive range of outsourced services solutions for health care needs to governments, corporations and individuals. Premier Health uses its proprietary PSweb software 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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