Get the Latest Investment Ideas Delivered Straight to Your Inbox.

News Update


Healthcare Innovator to Acquire Canadian Telehealth Firm
News Update


The purchase price for the company is 4.5 million shares.

Photo courtesy of IntelFreePress, Wikimedia Commons

Premier Health Group Inc. (PHGI:CSE; PHGRF:OTCQB; 6PH:FSE) announced in a news release it entered an agreement to acquire Livecare Health Canada.

For the asset, Premier Health will issue to Livecare shareholders up to 4.5 million common Premier Health shares at $0.40 per share, subject to adjustment. Premier Health will assume all of Livecare's outstanding liabilities and its subsidiary.

Livecare is a Canadian telehealth company founded and operated by physicians. Since inception, it provided more than 27,000 telemedicine visits and serviced more than 500 independent health practitioner accounts. The firm uses secure, encrypted, face-to-face video and messaging as well as the electronic medical records system, kindredPHR.

"With a track record providing health solutions to rural communities, remote work camps and First Nations communities, Livecare's technology has proven to be a key enabler for sustainable health in geographically disperse populations," the release noted.

Premier Health CEO Essam Hamza said in the release that "key aspect of integration will be Livecare's workflow for video consults, specializing in real-time assessments with devices like Bluetooth-enabled stethoscopes and otoscopes for physical examination of patients remotely."


1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Premier Health Group Inc. Please click here for more information. Within the last six months, an affiliate of Streetwise Reports has disseminated information about the private placement of the following companies mentioned in this article: Premier Health Group Inc.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Premier Health Group Inc., a company mentioned in this article.
6) This article does not constitute medical advice. Officers, employees and contributors to Streetwise Reports are not licensed medical professionals. Readers should always contact their healthcare professionals for medical advice.

Learn More about Which Online Broker is Right for You?

Want to read more about Healthcare Services investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe