Positioned To Be A Leader In The Integrated Healthcare Space

Offering innovative and rapid COVID-19 testing solutions, Telemedicine and state of the art technology layer

Sponsored
Empower Clinics Inc Profile

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BREAKING: Empower Partners with Rexall To Launch Integrated Healthcare Centres

  • Rexall and Empower have identified numerous initial locations throughout Ontario, spanning from Ottawa to London and around the GTA
  • The size of the locations can range from 1,500 to 4,000 square feet
  • Primary care services include: Family physicians, Walk-in physicians, Tele-medicine and virtual care
  • Paramedical services include: Chiropractic, Physiotherapy, Registered Massage Therapy, Chiropody, Acupuncturists, Osteopaths, Nutritionists

"To say this is the Company's biggest announcement in its history would not be an over statement..." said Steven McAuley, Chairman & CEO.

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Empower (CBDT: CSE) (EPWCF:OTCQB) (8EC:Frankfurt)  provides body and mind wellness for more than 200,000 patients through its clinics in the United States, a telemedicine platform and a world-class medical diagnostics laboratory in Texas.  …. but that’s not all. In an effort to combat COVID-19 the company’s physician staffed clinics are also generating significant revenue and growth as follows: 

  • Providing physician health and wellness services to patients
  • Re-purposed its pre-existing diagnostic testing to serve the massive demand for national COVID testing in the US.
  • Covid-19 Testing for individuals and families
  • Covid-19 Testing for local businesses and employees 
  • Covid-19 Testing for enterprise level organizations across the country 
  • Acquisition high complexity CLIA certified lab in Dallas that can process 4,000 COVID-19 RT-PCR tests per day. RT-PCR tests are considered the gold standard of COVID-19 testing
    • KAI Medical Laboratory surpasses 1,000 COVID-19 tests in a day for the first time ever. KAI Laboratory now tripling in size in anticipation of test volumes by end of Q1
  • In partnership with Loop Insights Inc., Empower provides a safe and viable economic recovery solution for American companies.
    • Created a system built on the pillars of:
      • Venue Tracing
      • Frequent testing with rapid results
      • Real-time reporting to ensure the travel bubble
  • Entering Canadian market with acquisition that includes 7 clinics and incentives to open additional 30 clinics

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How significant is this acquisition? At the lowest price of $USD 80 per test and operating on just 1,000 tests per day, the clinic would deliver $USD 80,000 in revenue PER DAY.

Kai Medical Lab Received Record Order in Excess of $1,000,000 USD for COVID-19 Tests from Film and Television Production

9,000 TEST ORDER FOR FILM & TELEVISION PRODUCTION REPRESENTS A RECORD ORDER

KAI /Empower announced an agreement to process approximately 1,000 COVID-19 RT-PCR tests for a major film & TV production over a 30-day period, with the possibility of more business upon successful completion of the initial tests.

  • Represents a repeat and significantly higher purchase order of 9,000 RT-PCR tests to be processed over a four-month period by Kai Medical Laboratory
  • The total revenue from this order is anticipated to be in excess of $USD 1,000,000.

REVENUE GROWTH USD

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PATIENT GROWTH

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PEER COMPARABLES

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As at March 4, 2021

SUMMARY

  • Positioned to be a leader in the integrated healthcare space
  • Offering innovative and rapid COVID-19 testing solutions
  • Telemedicine and state of the art technology layer
  • Traction and regulatory-approved medical operations in massive US market
  • Engaged in aggressive growth of clinical and digital presence across the US and Canada

Oh, and did we mention that CEO Steven McAuley is Six Sigma certified under the quality initiative of legendary GE (General Electric) Chairman Jack Welch? We've never seen a Six Sigma certified CEO in the Canadian small cap markets. Never.  Which explains how McAuley has been able to guide Empower Clinics through the most disruptive retail environment in recent history and turn it into significant growth.  

Last changed at 18-Mar-2021 10:11PM by AGORACOM