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Great News Yesterday: Premier Health Group to Expand Scope of Practice by Launching a Cannabis Clinic for Patients
CNW Group CNW GroupNovember 15, 2018
VANCOUVER , Nov. 15, 2018 /CNW/ - Premier Health Group (PHGI.CN) (PHGRF) (6PH.F) (the "Company" or "Premier Health"), a Company focused on developing innovative approaches that combine human skill based expertise with emerging technologies for the healthcare industry, is pleased to announce that as a part of its expansion plans, Premier Health will enter the Cannabis clinic space by a series of acquisitions, partnerships and/or launching a new Canada -based chain in the first half of 2019.
"The role of Cannabis in treating medical conditions is continuously expanding. Our doctors have had success treating their patients with various ailments from chronic pain to cancer related symptoms. Unfortunately, there is a gap between the patient's need for medical marijuana, and the family doctor's comfort and knowledge to prescribe it. We are looking to fill that gap with various forms of clinics and services to help our patients and healthcare workers," said Dr. Essam Hamza , Chief Executive Officer of Premier Health.
"Cannabis clinics fit in perfectly with our existing Telemedicine services and comprehensive app plans. The patient will not only be able to see their family doctor with our app, but also connect with their Cannabis clinic healthcare worker, the education nurse and eventually even the pharmacy or LP that is providing the prescription. This team based and encompassing approach will provide the best and most convenient care for our patients."
The Canadian medical cannabis clinic market is estimated to be worth approximately $2.35 billion by 2025.
The Company expects to provide additional updates on acquisitions in Q4-18 and Q1-19.
On Behalf of the Board of Directors
"Dr. Essam Hamza , MD"
Chief Executive Officer
"Premier Health Group (PHGI.CN) (PHGRF) (6PH.F) (the "Company" or "Premier Health")....is pleased to announce that as a part of its expansion plans, Premier Health will enter the Cannabis clinic space by a series of acquisitions, partnerships and/or launching a new Canada -based chain in the first half of 2019."
About Premier Health Premier Health is a Canadian company that is strategically poised to take advantage of business opportunities in the global health care industry. We are developing innovative health care approaches that combine human skill based expertise with emerging technologies, and will set the gold standard for services in locations of interest worldwide. Premier Health's subsidiary, HealthVue is focused on developing proprietary technology to deliver quality healthcare through the combination of connected primary care clinics with telemedicine and artificial intelligence (AI). We currently have an ecosystem of over 100,000 active patients and have plans to rapidly increase that number both domestically and internationally. The HealthVue team has a strong track record of successfully creating value in healthcare and technology enterprises. The Management team has deep clinical, financial and operational expertise and a passion for improving healthcare for all patients.
Crap a lttle afternoon dip in the red. But this will spring back by close IMHO.
Volumes has been increasing steadily. Nice to see it staying above green.
Talk about the fruits of technology! Primary healthcare and cannabis at the stroke of a touchscreen from an app on your phone. This feels like it just became front line news.
Great News: Premier Health Group to Expand Scope of Practice by Launching a Cannabis Clinic for Patients
CNW Group CNW GroupNovember 15, 2018
VANCOUVER , Nov. 15, 2018 /CNW/ - Premier Health Group (PHGI.CN) (PHGRF) (6PH.F) (the "Company" or "Premier Health"), a Company focused on developing innovative approaches that combine human skill based expertise with emerging technologies for the healthcare industry, is pleased to announce that as a part of its expansion plans, Premier Health will enter the Cannabis clinic space by a series of acquisitions, partnerships and/or launching a new Canada -based chain in the first half of 2019.
"The role of Cannabis in treating medical conditions is continuously expanding. Our doctors have had success treating their patients with various ailments from chronic pain to cancer related symptoms. Unfortunately, there is a gap between the patient's need for medical marijuana, and the family doctor's comfort and knowledge to prescribe it. We are looking to fill that gap with various forms of clinics and services to help our patients and healthcare workers," said Dr. Essam Hamza , Chief Executive Officer of Premier Health.
"Cannabis clinics fit in perfectly with our existing Telemedicine services and comprehensive app plans. The patient will not only be able to see their family doctor with our app, but also connect with their Cannabis clinic healthcare worker, the education nurse and eventually even the pharmacy or LP that is providing the prescription. This team based and encompassing approach will provide the best and most convenient care for our patients."
The Canadian medical cannabis clinic market is estimated to be worth approximately $2.35 billion by 2025.
The Company expects to provide additional updates on acquisitions in Q4-18 and Q1-19.
On Behalf of the Board of Directors
"Dr. Essam Hamza , MD"
Chief Executive Officer
Premier Health reportedly has "no debt and is well captialized to strategically aquire additional clinics as well as build out new locations." I'd love to hear more from $PHGRF pertaining to that.
And best of all the aquiring of HealthVue brings with it first mover advantage.
I agree, its really a marketing of convenience. And what a huge leap from having to take the morning off of work to connecting with a doctor from an app on your phone at anytime from anywhere in the world. $PHGRF is really sitting on a goldmine.
The big question for me is how well can that translate to the USA market.
HealtVue is the wholly owned subsidiary of Premier Health Group INC, with a focus on the telemedical sector.
The shortage of primary care physicians and nurses in Canada make HealthVue a perfect fit for that market.
Looking forward to a strong day tommorow, With all this low level accumulation that pop should come sooner or later.
For routine things like precription renewals, the HealthVue telemedical network is the perfect alternative to a trip to the doctors office or having to sit in the waiting room forever.
The growing Telemedical field has the potential to revolutionize the consumer prescription market unlike anything the sector has seen in years.
$SING slotted for up to $5mill in financing for new aquisitions. Check it out.
$PHGRF still holding onto green.
Premier Health synopsis: "About Premier Health
Premier Health is a Canadian company that is strategically poised to take advantage of business opportunities in the global health care industry. We are developing innovative health care approaches that combine human skill based expertise with emerging technologies, and will set the gold standard for services in locations of interest worldwide. Premier Health’s subsidiary, HealthVue is focused on developing proprietary technology to deliver quality healthcare through the combination of connected primary care clinics with telemedicine and artificial intelligence (AI). We currently have an ecosystem of over 100,000 active patients and have plans to rapidly increase that number both domestically and internationally. The HealthVue team has a strong track record of successfully creating value in healthcare and technology enterprises. The Management team has deep clinical, financial and operational expertise and a passion for improving healthcare for all patients."
Latest PR here, from about a week ago: Premier Health Group Inc. Announces Plans to Enter Canadian Pharmacy & Drug Store Market
GlobeNewswire•November 5, 2018
VANCOUVER, British Columbia, Nov. 05, 2018 (GLOBE NEWSWIRE) -- Premier Health Group (CSE: PHGI, OTCQB: PHGRF, Frankfurt: 6PH) (the “Company” or “Premier Health”), a Company focused on developing innovative approaches that combine human skill based expertise with emerging technologies for the healthcare industry, is pleased to announce that as a part of its expansion plans it will enter the Pharmacy market via acquisition and/or launching a new Canada based pharmacy in H1-2019.
“Pharmacy is a critical component in our commitment to providing patients with best in class primary care that is accessible and efficient in its delivery. Having the ability to prepare and deliver prescription and non-prescription pharmaceuticals and other health products to patients with ease, and having it as a part of our comprehensive technology solution for primary care, is something we are very excited to roll-out to patients,” said Dr. Essam Hamza, CEO of Premier.
The Company is actively reviewing a pipeline of additional pharmacy partners which include bricks and mortar locations for acquisition and strategic new retail opportunities for pharmacies. “It is our position that the emergence of technology such as the ability for patients to electronically send their prescription(s) to a pharmacy for fulfillment and pick up at a later time or delivery directly to them at home or work will result in increased patient and consumer enrollment in apps that offer this type of functionality,” added Dr.Hamza.
The Canadian retail pharmacy market is estimated to be $44 billion (Source:IBISWorld). It is expected the industry sector will continue to allow for favourable economics for pharmacy operators as baby boomer’s demand increases for prescriptions and operators expand scope of practice to include preventative services.
The Company expects to provide additional updates on acquisitions in Q4-18 and Q1-19.
ON BEHALF OF THE BOARD OF DIRECTORS
“Dr. Essam Hamza, MD"
Chief Executive Officer
Morning GemsBond!
$PHGRF green opening should be in store .
Telemedicine is a sign of the times. You can manage your finances, read books, graphic design, and trade stocks from an app on your connected device, so why not link that convenience to receiving treatment from your primary healthcare provider? That's exactly what HealthVue does. You can connect to an available physician within seconds anywhere in the world and at anytime. This makes a huge impact on how a patient/customer can manage routine visits for things like prescription renewal. $PHGRF has a great market.
$PHGRF subsidiary HealthVue already has 100,000 active patients in the network. This is not mere development stage brainstorming. They are actively providing solutions to issues like 66% of all Canadian senior citizens being unable to get same day or even next day physician appointments under the current system. The market is ripe.
That investors deck is super strong. Once PHGRF starts getting their ducks in a row to really springboard off the new market access they will have with this newly acquired DTC eligibility, I'd like to see an updated website featuring a more proprietary download option for that investors deck than a facebook link. Coming soon I would imagine.
The more I research telemedicine the more I realize that its a long overdue concept. Its taking off in Canada, but the concept could really be huge to alleviate some of the burden in the USA system of paying another copay and spending an afternoon off work at the doctor's office everytime you have have to do something routine like renew a prescription. $PHGRF has solutions that make alot more sense for the patients time and pocketbook.
The Canadian health system infrastructure is really ripe for the picking. All that patient info and subscription data already on shared database.
$TWOH needs to be on your radar.
$QPRC I hope youve been tracking this, massive multi bagger playing out over last few days.
I cant get the link to work. Do you have one off facebook?
Up 1% green but we need the volume to get turned on.
Yean I'd like to see the information channels from $PHGRF to us investors lubed up. More of a social media presence maybe. And that website needs to be updated. With a nice big clear tab to download that investors deck. Golden.
Not gonna lie not so thrilled about this lateral action.
How can you get medical treatment over a phone app? LOL. If you are choking on your lunch they can't exactly perform the heimlich manoever over the internet?
So the telemedicine concept is basically about having an app on your phone that connects you to locally available healthcare? Is it like a review website? Like a Yelp for doctors?
Yeah its much bigger than I realized. And the part that got me interested is $PHGRF already has 100,000 active patients in the network. This is not just a novel concept.
I would call this the tail end of the pre awareness phase. $PHGRF only recently got their DTC eligibility. Ink is barely dry on that one. Once they get all their i's dotted and t's crossed the USA awareness should pop.
418 telemedicine visits provided already. $PHGRF is strong on proof of concept in my view.
NIce move up 5.5% $PHGRF
Lot of good DD on the website: https://www.healthvue.com