Home > Boards > US Listed > Medical - Healthcare > Med Emerge (MDER)

A New Direction in Health Care"

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
healthguru2001 Member Profile
Member Level 
Followed By 1
Posts 4
Boards Moderated 0
Alias Born 01/16/01
160x600 placeholder
healthguru2001 Member Level  Thursday, 01/18/01 11:52:01 AM
Re: None
Post # of 13 
A New Direction in Health Care"

Ontario is a province of over 11,000,000 residents with a socialized medicare system which is the provincial government's most expensive program. Due to increasing government fiscal restraint, Ontario's health care system is currently undergoing a significant restructuring.

The Province of Ontario recently enacted legislation establishing the Health Services Restructuring Commission which has decision making authority over every aspect of a public hospital's operations, from how much public funding a given hospital will receive to whether a hospital should cease its operations.

The commission's goals are to improve quality of health care, while installing efficiencies of cost in delivery of medical services.

Med-Emerg International Inc, an Ontario-based health services company with a core expertise in the staffing and administration of Critical Care facilities, has successfully completed its IPO and is now traded on Nasdaq. The trading symbols for the Med-Emerg common stock is MDER.

The proceeds from this offering will be used to continue the development of a chain of privately owned Urgent Care Centres and for the expansion of Med-Emerg's Emergency Services Division. Med-Emerg also plans to use part of the proceeds to fund acquisitions in Canada and the United States.

For more information please contact
Kathryn Gamble at (905) 858-1368 .

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences