Five High-Growth Primary Care Stocks All Investors Should Consider September 15, 2021 - Baystreet.ca At the moment, our U.S. healthcare system is fragmented, which “adversely impacts quality, cost, and outcomes. Eliminating waste from unnecessary, unsafe care is crucial for improving quality and reducing costs-and making the system financially sustainable,” says The American Journal of Managed Care (AJMC). Fortunately, with primary care companies, like Skylight Health Group Inc. (TSXV:SLHG)(OTCQB:CBIIF), Oak Street Health Inc. (NYSE:OSH), 1Life Healthcare Inc. (NASDAQ:ONEM), WELL Health Technologies Corp. (TSX:WELL)(OTC:WLYYF), and Community Health Systems Inc. (NYSE:CYH) stepping in to help, that could soon change. In fact, according to Canaccord Genuity analyst Richard Close, as quoted by Fierce Healthcare, “Studies have shown the value of primary care through lower healthcare spending and improved health outcomes. But there has been an underinvestment in primary care in the U.S. compared to other developed countries and there is a shortage of primary care providers.” Skylight Health Group Just Entered New State Acquiring Pennsylvania Clinic Skylight Health Group Inc. (NASDAQ:SLHG)(TSXV:SLHG), a multi-state primary care management group in the United States, today announces execution of definitive agreements to acquire Aspire Health Concepts, Inc., a primary care group in Pennsylvania with 2 locations. The acquisition expands the Company’s primary care services into a new state and grows its patient base by over 10,000 per year. Aspire has been operating a multi-disciplinary network of clinics for over 12 years in Harrisburg, PA. Skylight will immediately take over the primary and urgent care components of the business. The acquisition is immediately accretive to the Company as it expands its market share into a new state with an established patient base. Skylight expects full continuity of the Aspire leadership and clinical teams post-acquisition. Prad Sekar, CEO, Skylight said “This is a very exciting acquisition for us. Skylight enters a new market with a clinic group that is well established and well regarded, at a time when growth in the primary care sector is strong and patients are seeking a higher level of care. As we continue to integrate our growing number of clinics across the US, the Aspire acquisition is certainly an excellent fit to the Skylight family.” “We’ve spent the last 12 years building strong relationships with our patients in eastern Pennsylvania, and we’re proud and excited to align ourselves with Skylight as we now transition our patients to an even more comprehensive healthcare model,” said Dr. David A. White, MD. and Dr. Richard Rayner, MD., Founders of Aspire. “We fully support the Skylight executive and leadership team, and believe that with their centralized services and technology, they have the tools and vision for us to take this business to the next level.” The Company has acquired a controlling interest of 70% of Aspire. The remaining 30% of Aspire will be retained by the two Founding physicians subject to Skylight’s call option that matures on the five-year anniversary of the closing. Skylight expects this structure will enhance alignment between Skylight and the Founding physicians. The Company expects to close this transaction no later than September 17th. Other related developments from around the markets include: 1Life Healthcare Inc., a leading human-centered and technology-powered national primary care organization, announced it has completed the acquisition of Iora Health, a human-centered, value-based primary care organization with built-for-purpose technology focused on serving Medicare populations. “One Medical is now even better positioned to deliver better health, better care, and lower costs across every stage of life,” said Amir Dan Rubin, Chair & CEO of One Medical. “One Medical will extend its reach from children and adults to even more seniors, across 28 existing and announced combined geographies encompassing approximately 40% of the U.S. population, with a national potential addressable market of approximately $870 billion. One Medical’s demonstrated ability to delight and attract members, enable improved health outcomes, reduce the cost of care, and simultaneously deliver results for multiple key stakeholders will now be extended further in pursuit of our mission to transform healthcare.” Oak Street Health Inc., a network of value-based primary care centers for adults on Medicare, is expanding access to more older adults with today’s opening of its new Toledo Northside center located at 553 E. Manhattan Blvd. This is the 11th Oak Street Health center in Ohio, joining centers in existing markets of Akron, Cincinnati, Cleveland, Dayton and Youngstown. “We are excited to expand access to our high-quality, value-based care to members of the Toledo community with the opening of this new center,” said Dr. Olaoluwa Fayanju, Regional Medical Director at Oak Street Health.“The majority of older adults we care for have two or more chronic conditions, making this kind of care so important. As our organization continues its mission to rebuild healthcare as it should be, we look forward to improving patient outcomes in Ohio and helping older adults live their healthiest lives.” WELL Health Technologies Corp., a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, announced today that its common shares will be added by Dow Jones Canadian Index Services to the S&P/TSX Composite Index effective Monday, September 20, 2021, prior to the open of trading on the Toronto Stock Exchange. Community Health Systems Inc. announced financial and operating results for the three and six months ended June 30, 2021. Net operating revenues for the three months ended June 30, 2021, totaled $3.007 billion, a 19.4 percent increase compared with $2.519 billion for the same period in 2020. Net income attributable to Community Health Systems, Inc. common stockholders was $6 million, or $0.04 per share (diluted), for the three months ended June 30, 2021, compared with $70 million, or $0.61 per share (diluted), for the same period in 2020. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Skylight Health Group Inc. by Skylight Health Group Inc. We own ZERO shares of Skylight Health Group Inc. Please click here for full disclaimer. Contact Information: 2818047972 ty@LifeWaterMedia.com
Five High-Growth Primary Care Stocks All Investors Should Consider September 15, 2021 - Baystreet.ca At the moment, our U.S. healthcare system is fragmented, which “adversely impacts quality, cost, and outcomes. Eliminating waste from unnecessary, unsafe care is crucial for improving quality and reducing costs-and making the system financially sustainable,” says The American Journal of Managed Care (AJMC). Fortunately, with primary care companies, like Skylight Health Group Inc. (TSXV:SLHG)(OTCQB:CBIIF), Oak Street Health Inc. (NYSE:OSH), 1Life Healthcare Inc. (NASDAQ:ONEM), WELL Health Technologies Corp. (TSX:WELL)(OTC:WLYYF), and Community Health Systems Inc. (NYSE:CYH) stepping in to help, that could soon change. In fact, according to Canaccord Genuity analyst Richard Close, as quoted by Fierce Healthcare, “Studies have shown the value of primary care through lower healthcare spending and improved health outcomes. But there has been an underinvestment in primary care in the U.S. compared to other developed countries and there is a shortage of primary care providers.” Skylight Health Group Just Entered New State Acquiring Pennsylvania Clinic Skylight Health Group Inc. (NASDAQ:SLHG)(TSXV:SLHG), a multi-state primary care management group in the United States, today announces execution of definitive agreements to acquire Aspire Health Concepts, Inc., a primary care group in Pennsylvania with 2 locations. The acquisition expands the Company’s primary care services into a new state and grows its patient base by over 10,000 per year. Aspire has been operating a multi-disciplinary network of clinics for over 12 years in Harrisburg, PA. Skylight will immediately take over the primary and urgent care components of the business. The acquisition is immediately accretive to the Company as it expands its market share into a new state with an established patient base. Skylight expects full continuity of the Aspire leadership and clinical teams post-acquisition. Prad Sekar, CEO, Skylight said “This is a very exciting acquisition for us. Skylight enters a new market with a clinic group that is well established and well regarded, at a time when growth in the primary care sector is strong and patients are seeking a higher level of care. As we continue to integrate our growing number of clinics across the US, the Aspire acquisition is certainly an excellent fit to the Skylight family.” “We’ve spent the last 12 years building strong relationships with our patients in eastern Pennsylvania, and we’re proud and excited to align ourselves with Skylight as we now transition our patients to an even more comprehensive healthcare model,” said Dr. David A. White, MD. and Dr. Richard Rayner, MD., Founders of Aspire. “We fully support the Skylight executive and leadership team, and believe that with their centralized services and technology, they have the tools and vision for us to take this business to the next level.” The Company has acquired a controlling interest of 70% of Aspire. The remaining 30% of Aspire will be retained by the two Founding physicians subject to Skylight’s call option that matures on the five-year anniversary of the closing. Skylight expects this structure will enhance alignment between Skylight and the Founding physicians. The Company expects to close this transaction no later than September 17th. Other related developments from around the markets include: 1Life Healthcare Inc., a leading human-centered and technology-powered national primary care organization, announced it has completed the acquisition of Iora Health, a human-centered, value-based primary care organization with built-for-purpose technology focused on serving Medicare populations. “One Medical is now even better positioned to deliver better health, better care, and lower costs across every stage of life,” said Amir Dan Rubin, Chair & CEO of One Medical. “One Medical will extend its reach from children and adults to even more seniors, across 28 existing and announced combined geographies encompassing approximately 40% of the U.S. population, with a national potential addressable market of approximately $870 billion. One Medical’s demonstrated ability to delight and attract members, enable improved health outcomes, reduce the cost of care, and simultaneously deliver results for multiple key stakeholders will now be extended further in pursuit of our mission to transform healthcare.” Oak Street Health Inc., a network of value-based primary care centers for adults on Medicare, is expanding access to more older adults with today’s opening of its new Toledo Northside center located at 553 E. Manhattan Blvd. This is the 11th Oak Street Health center in Ohio, joining centers in existing markets of Akron, Cincinnati, Cleveland, Dayton and Youngstown. “We are excited to expand access to our high-quality, value-based care to members of the Toledo community with the opening of this new center,” said Dr. Olaoluwa Fayanju, Regional Medical Director at Oak Street Health.“The majority of older adults we care for have two or more chronic conditions, making this kind of care so important. As our organization continues its mission to rebuild healthcare as it should be, we look forward to improving patient outcomes in Ohio and helping older adults live their healthiest lives.” WELL Health Technologies Corp., a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, announced today that its common shares will be added by Dow Jones Canadian Index Services to the S&P/TSX Composite Index effective Monday, September 20, 2021, prior to the open of trading on the Toronto Stock Exchange. Community Health Systems Inc. announced financial and operating results for the three and six months ended June 30, 2021. Net operating revenues for the three months ended June 30, 2021, totaled $3.007 billion, a 19.4 percent increase compared with $2.519 billion for the same period in 2020. Net income attributable to Community Health Systems, Inc. common stockholders was $6 million, or $0.04 per share (diluted), for the three months ended June 30, 2021, compared with $70 million, or $0.61 per share (diluted), for the same period in 2020. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Skylight Health Group Inc. by Skylight Health Group Inc. We own ZERO shares of Skylight Health Group Inc. Please click here for full disclaimer. Contact Information: 2818047972 ty@LifeWaterMedia.com