Business
Nova Leap Health Corp. Files Annual Consolidated Financial Statements
(via TheNewswire) Dartmouth, Nova Scotia / TheNewswire / March 9, 2017 - Nova Leap Hea...
About this update from Nova Leap Health Corp.
[{"type":"text","content":"Nova Leap Health Corp. Files Annual Consolidated Financial Statements(via TheNewswire)\n\n \nDartmouth, Nova Scotia / TheNewswire / March 9, 2017 - Nova Leap Health Corp. (Nova Leap) (TSX VENTURE: NLH), a company focused on the home care industry is pleased to announce the release of financial results for the the period from the date of incorporation, November 16, 2015, to December 31, 2016 with revenue of $39,991 and net loss of $489,519 for the period (All amounts are in U.S. dollars). \n\n\n \n\"I am pleased with the progress we have made since the date of incorporation to the end of 2016\", said Chris Dobbin, President & CEO of Nova Leap. We have achieved several key milestones in a relatively short period of time including the initial funding of Nova Leap, our IPO and the closing of our Qualifying Transaction (\"QT\"). I look forward to the coming year as we begin to move toward a growth oriented company. \n\n\n \nThis news release should be read in conjunction with the consolidated financial statements for the period from the date of incorporation, November 16, 2015, to December 31, 2016, notes to the financial statements, and management's discussion and analysis for the the period from the date of incorporation, November 16, 2015, to December 31, 2016, which have been filed on SEDAR.\n\n\n \nAbout Nova Leap\n\n\n \nThe Home Care Providers industry is becoming one of the fastest growing healthcare industries in Canada and the United States. Home care saves patients billions of dollars every year by treating them in their own homes instead of in hospitals. An aging population, the prevalence of chronic disease, growing physician acceptance of home care, medical advancements and a movement toward cost-efficient treatment options from public and private payers have all fostered industry growth. Nova Leap is focused on a highly fragmented market of small privately-held companies providing patients one on one care in their homes. Nova Leap's post acquisition organic growth strategy is to increase annual revenue per location through a combination of increased employee investment, including training, focused sales and marketing efforts, billing rate increases, expansion of geographical coverage, and improved referral sources.\n\n\n \nForward-Looking Statements\n\n\n \nCertain statements contained in this press release may con...