- Provider of interdisciplinary care in chronic pain management, spinal injuries, sport medicine, and concussions
- Leading pain, spine, and sport medicine clinic in Edmonton, Alberta
- Generated revenue of approximately $9 million with positive EBITDA in 2020
- Transaction will be immediately accretive and will improve NeuPath’s Annual Revenue Run Rate(1) to approximately $57 million
- Acquisition is an important first step in NeuPath’s national expansion strategy
TORONTO–(BUSINESS WIRE)–February 8, 2021–NeuPath Health Inc. (TSXV:NPTH) (“NeuPath” or the “Company”), Canada’s largest provider of chronic pain management services, is pleased to announce the acquisition of HealthPointe Medical Centres Ltd. (“HealthPointe”), a leading pain, spine, and sport medicine clinic located in Edmonton, Alberta.
HealthPointe operates a 20,000 square foot facility in Edmonton, offering physician-based care services for a wide range of injuries and issues including chronic pain management, spinal injuries, sport medicine, and concussions. Patients receive interdisciplinary care from HealthPointe’s roster of Physiatrists, Neurologists, Medication Management Physicians, Athletic Therapists, and Nurses. In addition to the medical clinic, HealthPointe also holds a minority equity interest in two physiotherapy and sport medicine clinics in Alberta.
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