Premier Health of America - CEO, Martin Legault
CEO, Martin Legault
Sourced: Premier Health of America
  • The Government of Quebec has awarded Premier Health (PHA) with two paratransit contracts totaling C$18 million
  • The contracts cover the Laurentians and Lanaudière administrative regions and represent an estimated 28,000 transport segments per year
  • The company intends to manage paratransit service using its proprietary PSweb platform
  • Premier Health is a Canadian healthtech company that provides outsourced services solutions for healthcare needs
  • Premier Health of America (PHA) is up 6.67 per cent and is currently trading at C$1.28 per share

The Government of Quebec has awarded Premier Health (PHA) with two paratransit contracts totaling C$18 million.

The contracts cover the Laurentians and Lanaudière administrative regions and are expected to start later in 2021.

Together they represent an estimated 28,000 transport segments per year.

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

Premier Health has been operating a limited number of paratransit units since 2019 to acquire a better understanding of the cost structure and the technology requirements behind this business segment.

According to Martin Legault, CEO of Premier Health,

“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.”

The company intends to manage paratransit service using its PSweb platform, which was developed to optimize and streamline the business-to-customer relationship through automation and business intelligence applications.

Premier Health is a Canadian healthtech company that provides a comprehensive range of outsourced services solutions for healthcare needs to governments, corporations and individuals.

The company uses its proprietary PSweb software platform to lead the healthcare services sector digital transformation by providing patients with faster, cheaper and more accessible care services.

Premier Health of America (PHA) is up 6.67 per cent and is currently trading at C$1.28 per share as of 11:29 am EST.

More From The Market Online

Avicanna launches 10% CBD (THC free) formula in Canada

Avicanna (TSX:AVCN) launches RHO Phyto Micro Drop 100, a 10 per cent CBD (THC free), proprietary oral formulation in Canada.

Theratechnologies phases down preclinical oncology research

Biopharmaceutical company Theratechnologies (TSX:TH) announced it will phase down its preclinical oncology research activities.