Skylight Health Announces Closing of Tennessee Clinic with $2.2 Million in Revenue and Positive EBITDA
Company closes acquisition of Tennessee-based Perimeter Pain and Primary Care Clinic previously announced on December 3, 2020
Tennessee-based Perimeter Pain and Primary Care Clinic is an established medical practice servicing over 12,000 patients per year.
In 2019, the clinic generated CAD 2.2 million in revenues and CAD 400,000 in EBITDA.
This transaction will be immediately accretive to the Company adding complementary services and insurable revenue to the existing primary care model across 15 States.
TORONTO, Dec. 30, 2020 (GLOBE NEWSWIRE) Skylight Health Group Inc (CSE: SHG; OTCQX: SHGFF) (“SHG” or the “Company”), one of the largest multi-specialty healthcare systems in the United States, is pleased to announce that it has closed on the acquisition of Healthcare Resources Management LLC (“HRM”) which operates Perimeter Pain and Primary Clinic (“Perimeter
Skylight Health Announces Closing of Tennessee Clinic Acquisition
Skylight Health Announces Closing of Tennessee Clinic with $2.2 Million in Revenue and Positive EBITDA
Company closes acquisition of Tennessee-based Perimeter Pain and Primary Care Clinic previously announced on December 3, 2020
Tennessee-based Perimeter Pain and Primary Care Clinic is an established medical practice servicing over 12,000 patients per year.
In 2019, the clinic generated CAD 2.2 million in revenues and CAD 400,000 in EBITDA.
This transaction will be immediately accretive to the Company adding complementary services and insurable revenue to the existing primary care model across 15 States.
TORONTO, ON - December. 30, 2020 - Skylight Health Group Inc (CSE:SHG; OTCQX: SHGFF) ( SHG or the Company ), one of the largest multi-specialty healthcare systems in the United States, is pleased to announce that it has closed on the acquisition of Healthcare Resources Management LLC ( HRM ) which operates Peri