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Multi-Trillion Dollar Industry Providing Massive Opportunity in 2019 & Beyond

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According to [1] Deloitte, global health care spending is projected to reach $8.7 trillion by 2020. This growing, multi-trillion-dollar industry is evolving to meet the demand of global consumers.

The way people receive health care is evolving. Advancements in telemedicine and artificial intelligence are making way for innovative health care approaches that combine human skill-based expertise with emerging technologies.

Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) is a Canadian publicly traded company strategically poised to take advantage of business opportunities in the global health care industry.

THE PROBLEM: The Health Care System is Dated & Broken!

  • Rising Costs: Governments and payors facing increasing costs that are simply unsustainable.
  • Inefficient Use of Resources: 39% of Canadians who visited an ER indicated that they could have avoided the visit if they had better access to primary care.
  • Doctor Supply: A shortage of primary care doctors and nurses, especially in remote and rural communities, leads to clinician burn out and patients frustrated by long wait times. Newly licensed doctors are avoiding primary care because of these dynamics, which increases the pressure on an already stressed system.
  • Accessibility: Approximately 15% of Canadians aged 12 and older don’t have a primary care physician. Nearly two-thirds (59%) of seniors are unable to get a same-or next-day appointment. Almost 7 in 10 Canadians avoid seeing a doctor when they are sick.

THE PREMIER HEALTH SOLUTION:

Premier Health’s Future Is Happening Right Now!

HealthVue, a subsidiary of Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) currently has an ecosystem of over 100,000 active patients and plans to rapidly increase that number both domestically and internationally.

Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) is rapidly expanding. On 12/10/2018 the company signed a binding Letter of Intent to acquire a Vancouver, British Columbia based pharmacy. Premier Health expects the acquisition to close in or about Q1-19. It’s worth mentioning that this is not just a “startup pharmacy” Premier Health is aiming to buy. For the fiscal year 2017/18, this pharmacy has revenues of approximately $1MM and an adjusted EBITDA of about 30%.

Just the Tip of the Iceberg

On its own, Premier Health currently has 4 medical clinics and 20+ licensed medical professionals. In 2018 the company has reported 36,521 patient visits, 6869 online bookings and 418 of telemedicine visits.

On December 17, 2018, Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) announced that it had signed a binding LOI to acquire all the outstanding securities of Cloud Practice Inc. And on January 10, Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) signed a definitive agreement to solidify this acquisition!

This Acquisition Comes With:

  • Juno EMR (Electronic Medical Record) Cloud-Based Solution.
  • ClinicAid, a Medical Billing Software.
  • MyHealthAccess, an Online Patient Portal.

Juno’s EMR would give Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) access to a system that is currently used by:

  • 287 Clinics
  • 3,000+ Licensed Practitioners
  • 1,500 Medical Staff
  • 2,870,000 Registered Patients

This Gets So Much Better…

ClinicAid, processes upwards of $30,000,000 in payments to over 3000 health providers on a monthly basis. This new potential acquisition would give Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) immediate access to added cash flow and earnings growth.

The Cannabis Connection

On November 15, 2018, Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) announced plans to expand the scope of its practice by launching a Cannabis Clinic for patients.

Dr. Essam Hamza, Chief Executive Officer of Premier Health said, “The role of Cannabis in treating medical conditions is continuously expanding. Our doctors have had success in 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”

“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.

According to [2] Dr. Essam Hamza the Company expects to provide additional updates on Cannabis related acquisitions in Q4-18 and Q1-19.

A Man of His Word

On [3] November 26, 2018, Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) provided an update on its expansion into Cannabis Clinics for Patients. The company announced that it had engaged discussions with Licensed Producers under the Access to Cannabis for Medical Purposes Regulation (ACMPR), other licensed medical cannabis companies and government officials in order to establish a framework for both patient and physician education.

Dr. Essam Hamza, CEO of Premier Health said, “With over 110,000 active patients in our clinic ecosystem it is important that we provide them with the best possible information that allows them to make informed decisions about their personal and family’s health.  Providing our family physicians with the appropriate tools and knowledge to prescribe cannabis or with the ability to refer patients to a specialist within our clinics is a key outcome of this initiative.

The 11/26/2018 Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) news release went on to announce that the company is actively recruiting additional physicians for its existing clinics and a cannabis-focused physician that is licensed in Canada.

Follow the Cannabis Market Leaders

The major cannabis companies can forge the road ahead. Companies like Aurora Cannabis are going after pharmacies with its recent acquisition of Farmacias Magistrales in Mexico. In its latest financial report, Aurora Cannabis reported 67,484 active registered patients and this was up from roughly 43,000 during the prior quarter.

Another cannabis industry leader Canopy Growth reported 84,400 registered patients on September 30, 2018.

For What it’s Worth

Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) has an opportunity via its recently announced potential acquisitions, to access a pool that reaches roughly 3 million patients. Comparatively speaking, how do these numbers compare to the current aforementioned “cannabis market leaders”?

The Premier Opportunity

As stated before, according to [1] Deloitte. global health care spending is projected to reach $8.7 trillion by 2020. This growing multi-trillion-dollar industry is evolving to meet the demand of global consumers.

The way people receive health care is evolving. Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) is utilizing advancements in telemedicine and artificial intelligence to make way for innovative health care approaches that combine human skill-based expertise with emerging technologies.


See Why MARIJUANASTOCKS.COM is Calling Premier Health Group Inc. The New Healthcare Stock for 2019 Has Ties to Cannabis & Huge Potential for Early Investors – CLICK HERE TO READ THE FULL ARTICLE ON MARIJUANASTOCKS.COM


Endnotes:
[1]
2018 Global health care outlook: https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Life-Sciences-Health-Care/gx-lshc-hc-outlook-2018.pdf

[2] Premier Health Group to Expand Scope of Practice by Launching a Cannabis Clinic for Patients: https://finance.yahoo.com/news/premier-health-group-expand-scope-080500501.html

[3] Premier Health Group Inc. Provides Update on Expansion into Cannabis Clinic for Patients: https://finance.yahoo.com/news/premier-health-group-inc-provides-123000166.html

DISCLAIMER: Pursuant to an agreement between MIDAM VENTURES, LLC  and Premier Health Group Inc. we were hired for a period from 10/1/2018 – 4/1/2019 to publicly disseminate information about Premier Health Group Inc. including on the Website and other media including Facebook and Twitter. We were paid $300,000 (CASH) for & were paid “500,000” shares of restricted common shares (as of 1/2/2019). Midam has been compensated an additional $100,000 by Premier Health Group to extend the period of coverage to June 1, 2019. We own zero shares of Premier Health Group Inc., which we purchased in the open market. Once the (6) Six-month restriction is complete on 4/1/2019 we plan to sell the “500,000” shares of Premier Health Group Inc. that we hold currently in restricted form during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of Premier Health Group Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information.  FULL DISCLAIMER HERE

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Facebook Gives User Passwords Out Like Candy

Daniel Chase

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We’ve all become slaves to our social media accounts, there’s truly no denying of this fact. I know people, who will remain anonymous at the risk of any one of you going to their house and judging them publicly, who care more about the amount of followers they have on Instagram (FB) than the amount of credit card debt they’re currently drowning in. For one reason or another, we are enamored with the vanity that is social networking. Sticking with the Insta example for a moment, if someone posts a perfectly edited photo of themselves sipping on a glass of rose in Europe, we automatically assume they have it all, but, in actuality, this person may be severely depressed. Also, its likely that their “perfect photo” took twenty minutes to get just right. 

Though humanity is truly addicted to various social platforms, it’s not the fault of the consumer, but more so the companies responsible for creating sites and applications that are so captivating. Not only are they fun to use, but these applications require our personal information, so its only natural that we’re constantly checking our profiles to see what’s being done with our data. Having said that, tech companies do a pretty solid job of convincing us that our information is completely safe, without any possibility of a breach, that is, until a data breach takes place. 

Facebook (FB) is one such social media company that just cannot seem to catch a break, whether it’s their own fault or otherwise. To be fair, you, as the largest social media platform in the universe, partner up with consulting firm who lied about their intentions to perform psychological research on 270,000 but ended up selling user data from 50 million profiles to help the Republican Party take the 2016 election, it’s completely justifiable that you catch flack from the media. 

After months of silence, it would seem that Facebook (FB) needs to tear down their “days since last incident” counter and start all over. The Company confirmed Thursday in a blog post, that during a routine security review in January, they found “that some user passwords were being stored in a readable format within their own internal data storage systems.” 

In an attempt to dissuade the likely onslaught of internet rage from angry Facebook (FB) users, and other callous trolls, the Company tried to explain themselves.

“To be clear, these passwords were never visible to anyone outside of Facebook and we have found no evidence to date that anyone internally abused or improperly accessed them. We estimate that we will notify hundreds of millions of Facebook Lite users, tens of millions of other Facebook users, and tens of thousands of Instagram users…”

Facebook official statement regarding recent password breach 

According to recent statistics regarding Facebook’s (FB) password announcement, as many as 600 million users could be affected — roughly 20% of Facebook’s user base, but Facebook (FB) has yet to confirm these numbers. 

Putting it as plainly as can be, data breaches are not an attractive look for any company, especially one that has been in the spotlight for potentially helping foreign entities interfere with domestic politics. One would think that Mark Zuckerberg, Chief Executive Officer and Founder of Facebook (FB), would guide his company in a safer direction, and tighten up the loose screws. Nevertheless, he is one of the richest people on the planet and I’m sure he knows what he’s doing. 

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Virtual Care Will Improve Patient Access

Daniel Chase

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The global healthcare industry is changing faster than most of us can keep track, but the bright side is that these changes are meant to improve our quality of life. Over time, healthcare providers have worked with in collaboration with the tech industry to incorporate technological advancements to allow for medical practices to keep up with the times. While many of these medical innovations are exciting and demonstrate that the healthcare industry will progress into the future, the issue is that inequities exist amid the global healthcare system

According to recent statistics, as many as 57 million Americans live in a rural location, resulting in decreased access to primary care physicians and hospitals. Given that domestic population numbers increase on a daily basis, we are seeing a drastic clinician shortage across the nation, and patients in rural regions suffer even greater consequences because of this. The data suggests that the patient-to-physician ratio in rural areas is roughly 39 physicians per 100,000 people, according to statistics from the National Rural Health Association. 

Multi-Trillion Dollar Industry Providing Massive Opportunity in 2019 & Beyond

In an effort to close care gaps caused by geographical obstacles, healthcare providers are investing in telemedical technologies to allow patients to connect with doctors without the need for traveling a far distance to a clinic or hospital. Companies in the healthcare sector have focused their resources on implementing virtual healthcare into their care offerings. What’s astounding about virtual health tech is that it allows providers to broadly expand their ability to treat more patients, allowing for a more connected, coordinated care framework. 

Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F), a company focused on developing innovative approaches that combine human skill-based expertise with emerging technologies to provide the best possible care solutions for their patients, yesterday announced that the Company will be launching a range of virtual and remote services to be offered to its network of primary clinics, including nurses, medical office assistants and office managers. Per the details of the announcement, the initial launch will focus on current Juno EMR clients in British Columbia with plans to roll out to other provinces by the end of Q2 2019.

Considering the amount of family physicians retiring and/or burning out, high-fixed overhead and a dwindling amount of business support represent major deterrents to recruiting young doctors to take over private practices. Through Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F)‘s implementation of virtual care and remote services will increase the clinics billings revenue by allowing physicians to be dedicated to seeing patients while reducing the clinic’s fixed labor cost. In some cases, where smaller clinics don’t have the resources for adequate patient follow-up, implementing an automatically-prompted and systematic process could significantly improve the quality of care and improve patient health outcomes.

Following the announcement, Dr. Essam Hamza, Chief Executive Officer of Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F), said, “from my own clinical experience, I see the benefit of offering these services to other privately-owned clinics. We have successfully integrated shared resources across our four HealthVue Medical clinics. With rising labour costs, many clinics simply cannot afford dedicated staffing. With our recent acquisition of Cloud Practice, we have the opportunity to provide virtual and remote services to the 287 clinics currently using Juno EMR.”

Pursuant to an agreement between MIDAM VENTURES, LLC  and Premier Health Group Inc. we were hired for a period from 10/1/2018 – 4/1/2019 to publicly disseminate information about Premier Health Group Inc. including on the Website and other media including Facebook and Twitter. We were paid $300,000 CASH for & were paid “500,000” shares of restricted common shares (as of 1/2/2019). Midam has been compensated an additional $100,000 by Premier Health Group to extend the period of coverage to June 1, 2019. We own zero shares of Premier Health Group Inc., which we purchased in the open market. Once the (6) Six-month restriction is complete on 4/1/2019 we plan to sell the “500,000” shares of Premier Health Group Inc. that we hold currently in restricted form during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of Premier Health Group Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. 

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Google Fined $1.7 Billion By European Commision​

Daniel Chase

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You know that shady character that lives down the street from your apartment, and every time you see him, you give him the change in your pocket, but you always question what he’s really up to? Well, that may be due to a number of reasons, namely that something may have occurred in your childhood which has subsequently caused you to either fear the homeless or have trust issues. In some scenarios, an individual could have both fear and mistrust in their hearts.

As time has progressed and technological advancements have followed suit, societal trust in tech companies has dwindled. Though we expect the brilliant minds of this generation and the next to pioneer technologies to improve our lives for the better, secretly, like the man down the street, we question what they’re really up to. 

Back in December, just before the strike of the new year, Google (GOOGL), the Company heralded for providing the world with access to information in less time than it takes America to forget about a natural disaster, shared with the world that the personal data of 52.5 million Google + users  was comprised due  to a bug discovered in connection with a Google + API. Suffice to say, the search engine-backed tech behemoth quickly addressed the issue, especially given the rising fears of consumers in regards to what websites do with their personal data. 

It seemed, at least for the last few months, that Google (GOOGL) was in the clear. The Company yesterday made headlines with its announcement of of a video game streaming service called Stadia which will allow users to play the game that they love without the need for purchasing wallet-emptying consoles or computers. 

Per the details of the official announcement, with Stadia, YouTube watchers will be able to click “Play now” at the end of a video and their game will start within five seconds. Perhaps the craziest part about Stadia is that the “data center is the platform,” meaning that players can start at one platform and continue where they left off on any advice capable of connecting to Google. 

However, we’ve come to learn that behind all the glitz and glamor, some tech companies are always up to no good. On Wednesday, the European Commission slapped Google (GOOGL) with a fine for breaching EU antitrust rules. According to the official press release regarding the matter, Google has abused its market dominance by imposing a number of restrictive clauses in contracts with third-party websites which hinders any rival of the Company from placing their own ads on these sites. 

In other words, Google (GOOGL) has structured the online advertising playing field in their favor. 

“Today the commission has fined Google €1.49 billion for illegal misuse of its dominant position in the market for the brokering of online search adverts. Google has cemented its dominance in online search adverts and shielded itself from competitive pressure by imposing anti-competitive contractual restrictions on third-party websites. This is illegal under EU antitrust rules. The misconduct lasted over 10 years and denied other companies the possibility to compete on the merits and to innovate – and consumers the benefits of competition…”

Margrethe Vestager, Commissioner, European Commission 

The European Commission shared that over the course of the last few years, through AdSense for Search, Google (GOOGL) has held market shared above 90% in the national markets for general search, making it near impossible for competitors in online search advertising to sell ad space within Google’s search engine results pages. 

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