Centric Health Corporation (TSX:CHH) reported its financial returns for the second quarter of 2017.
As quoted in the press release:
“The continued growth in Adjusted EBITDA we have achieved over the past several quarters is the result of the successful realignment of our business and the positive contributions from accretive acquisitions made in 2016,” said David Cutler, President and Chief Executive Officer of Centric Health. “These results will be bolstered in the second half of the year as we on-board the remaining beds in our national long-term care pharmacy contract.”
“We are also very pleased with the higher surgical volume experienced in our SmartShape facility,” Mr. Cutler added. “We have Canada’s only centre of excellence for bariatric surgery which we expect will drive further volume growth and increased utilization at the facility.”