Business
LevelJump Corporate Update
Toronto, Ontario--(Newsfile Corp. - August 10, 2021) - LevelJump Healthcare Corp. (TSXV: JUMP)...
About this update from Leveljump Healthcare Corp.
[{"type":"text","content":"LevelJump Corporate UpdateToronto, Ontario--(Newsfile Corp. - August 10, 2021) - LevelJump Healthcare Corp. (TSXV: JUMP) (OTCQB: JMPHF) (FSE: 75J) (\"LevelJump\" or the \"Company\"), a Canadian leader in B2B telehealth solutions, is pleased to provide a corporate update as part of its communication with existing shareholders and the broader markets.CTS Operations continue to be strong throughout the first 7 months of the year, despite extensive lockdowns in the Ontario region that have recently been lifted. Emergency care has continued to be in high demand, and now that elective procedures are resuming, the demand for radiology reading is increasing. The company also notes a greater acceptance of telehealth services within both the healthcare ecosystem and within government, which may benefit operations in the future. CTS has begun migrating its largest network of hospitals over to its new PACS workflow system that was previously announced. The extensive project should be completed in the fourth quarter and will help reduce costs and effect greater care for emergency room patients. Additionally, CTS continues to increase its gross margins with new radiologists that have joined the company. Leveljump is working to identify potential acquisitions as we look to expand. With both organic growth and acquisitions, the company should be able to expand its healthcare services.\"Today's update demonstrates the strength of the services we provide and the continuation of our vision to grow our company and increase profitability,\" said Mitch Geisler, CEO. \"As we return to more active lifestyles once again, we can see need for more of our teleradiology services and see potential opportunities for the future growth.\"About LevelJump HealthcareLevelJump Healthcare Corp., (TSXV: JUMP) is building a national medical diagnostic imaging company and brand, primarily by providing teleradiology (remote radiology) services to its client hospitals and imaging centers. Additionally, JUMP plans to expand through the acquisition of independent healthcare facilities focused on diagnostic imaging as well as acquiring new disruptive imaging technologies.ON BEHALF OF THE BOARD OF DIRECTORS OFLEVELJUMP HEALTHCARE CORP.Mitchell Geisler, Chief Executive [email protected](833) 840-2020CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATIONT...