Streetwise Reports Examines a Small-Cap Company That Could Be the Face of the Future of Medicine

Loading...
Loading...

SAN FRANCISCO, Dec. 12, 2018 (GLOBE NEWSWIRE) -- A company in Canada is changing the paradigm for providing healthcare in Canada and potentially elsewhere by integrating technology and artificial intelligence.

Company mentioned:  Premier Health Group Inc. CSE

Medical costs continue to spiral up in Canada, and an aging population puts greater demands on the medical system. At the same time, the country is facing a shortage of primary care doctors and nurses, with rural areas being especially hard hit.

Premier Health Group is working to find solutions to these challenges by combining human expertise with emerging technologies such as telemedicine and artificial intelligence.

This summer, Premier Health acquired HealthVue, an operator of four high-tech clinics with 110,000 patients in British Columbia, for CA$1 million in cash and CA$3 million in Premier Health common shares. Dr. Essam Hamza, founder of HealthVue, has become Premier's CEO. He has long championed the use of telemedicine for his patients.

"The present system is inefficient and unsustainable," Dr. Hamza told Streetwise Reports. "Some 39% of emergency room visits, which are very expensive, could be prevented if patients had better access to primary care."

"We are developing an app that uses artificial intelligence to triage patients and uses telemedicine to connect medical personnel with the patient," Dr. Hamza explained.

Continue reading this article: Small-Cap Company Could Be the Face of the Future of Medicine

About Streetwise Reports

Streetwise Reports shares investment ideas in many sectors. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

Loading...
Loading...

DISCLOSURE:

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 Inc. Please click here for more information. An affiliate of Streetwise Reports is conducting a digital media marketing campaign for this article on behalf of Premier Health Inc. 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.

The full disclosure is provided at the article's end: Small-Cap Company Could Be the Face of the Future of Medicine

For more information, please contact Carmen Guzman, Cguzman@streetwisereports.com.

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...