TORONTO, Aug. 30, 2017 /CNW/ - Syncordia
Technologies and Healthcare Solutions, Corp. (TSXV: SYN)
("Syncordia" or the "Company") today announced that it will be
reporting its first quarter fiscal 2018 results before markets open
on Wednesday, August 30th, 2017 and
will plan to host a conference call in early September (Details to
Follow Shortly). The call will be hosted by Michael Franks, Chief Executive Officer,
Chris Martin, Chief Financial
Officer and Bartley Heath Interim Chief Financial Officer. All
interested parties are invited to participate.
With our continual efforts to rationalize overhead and reduce
costs based on our current plans, we would like to announce a
reduction in force pertaining to our chief financial officer,
Stephen Gledhill. Gledhill's
responsibilities which have been on a part-time basis, will be
assumed by Bartley Heath full time,
pending Toronto stock exchange
approval, who has been with Syncordia over the last 2.5 years and
is very familiar with the operations of the business. Mr. Heath
holds a CPA certification, has a Bachelor of Science degree in
Computer Science Engineering from North
Carolina State University and an MBA from East Carolina University.
Mr. Heath, has already been involved in Syncordia's reporting
previously, for many quarters and has the necessary experience to
continue to provide Syncordia with the required support previously
provided by Stephen Gledhill. The
Company would like to thank Stephen for his help and assistance
over the last few months while Syncordia transitioned to this more
appropriate structure.
Syncordia would also like to announce Gordon Forsythe as a new Director. Mr. Forsythe
is an accomplished senior executive and entrepreneur who has a
substantial record of leading and inspiring organizations across a
number of verticals to extraordinary growth, dramatically improving
profits and operations, and creating shareholder value at Companies
such as Accu-Link, Bell Canada Enterprises, Accutel, Ascom Canada
Ltd. a division of a Swiss conglomerate. Mr. Forsythe is a graduate
of York University (Hons. B.A.) and the
Ivey School of Business at the University of
Western Ontario (M.B.A.) Current
Board roles and volunteer engagements include, current
member of YPO Young Presidents Organization, where he recently
served as Chairman of the Toronto
chapter and currently sits on the national board, Board Member at
Iotum Corporation, Board Member at North 60 technology,
Entrepreneur-in-Residence at Richard Ivey School of Business,
MaRS: Advisor, Information Technology, Communication and
Entertainment (ICE), Next 36 Mentor: The Next 36 is a national
program with the goal of nurturing and transforming Canada's most talented undergraduates into
high impact entrepreneurs. Mr. Forsythe, previously served on the
Board of Directors of King Products Inc., a publicly- listed
company based in Toronto.
About Syncordia Technologies and Healthcare Solutions,
Corp.
We are a technology enhanced revenue cycle management
("RCM") company focused on underserved niche segments of the
healthcare industry. We are building a diversified software and
services business by consolidating healthcare billing providers.
Our growth strategy is to acquire RCM businesses with and without
software and improve their profitability by increasing revenues and
operating efficiencies using our software, and in time,
commercializing Platform Syncordia, our cloud-based software
offering, to provide customer demanded turn- key solutions from a
single provider and to address compelling RCM market opportunities
.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Forward Looking Statements
Certain statements herein may be "forward looking" statements
that involve known and unknown risks, uncertainties and other
factors that may cause the actual results, performance or
achievements of Syncordia or the industry to be materially
different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Forward
looking statements involve significant risks and uncertainties,
should not be read as guarantees of future performance or results,
and will not necessarily be accurate indications of whether or not
such results will be achieved. A number of factors could cause
actual results to vary significantly from the results discussed in
the forward-looking statements. These forward-looking statements
reflect current assumptions and expectations regarding future
events and operating performance and are made as of the date hereof
and we assume no obligation, except as required by law, to update
any forward looking statements to reflect new events or
circumstances.
SOURCE Syncordia Technologies and Healthcare Solutions,
Corp.