--000000000000527aed05d4c9c3d8 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Tim, Thanks for following up. Melanie had sent me her materials with a secondary email address that went to my spam. After reviewing, she is smaller than what she verbally shared and appears to be 50% government reimbursement so not currently a target (I shared this news with her recently). I spoke with Ian Moodie and HCS and he also said that due to covid he is smaller than our acquisition requirement. Really appreciate these leads and of course if anyone else comes to mind (regardless of geography), I'd love for you to send my way as you have been. Hope you had a safe and fun New Year with the family. Best, Tim On Tue, Jan 4, 2022 at 4:32 PM Timothy Thomas wrote: > Hi Tim, > > I heard from Melanie at Altomedic. She mentioned that she sent in her > information but hadn't heard back. > > Can you clarify. > Thanks! > Tim > > On Thu, Dec 2, 2021 at 4:39 PM Tim Specht > wrote: > >> Hi Timothy, >> >> Thank you for the rundown and flagging this one. I will reach out to >> M=C3=A9lanie to discuss and see if this is viable. Will keep you updated= . >> >> Best, >> Tim >> >> On Thu, Dec 2, 2021 at 4:02 PM Timothy Thomas >> wrote: >> >>> Altomedic is a care management company. They handle both private pay an= d >>> government pay contracts. They then refer the care contracts out to >>> agencies and take a 15% commission on billings. As I understand it, >>> Altomedic works with a dozen or so agencies across greater Montreal to >>> deliver home care. >>> >>> The clients that they refer to us are typically as follows. When a >>> patient who resides in a semi autonomous facility requires more care th= en >>> that facility can provide, they need to be transferred to a government = run >>> long term care home (CHSLD). As there are currently long wait times for >>> CHLSD beds, the government will pay for private care. Many of these >>> contracts are 24/7. They can last anywhere from a few weeks to a few >>> months. >>> >>> They have great relationships with the public system which could be >>> quite valuable. >>> >>> I realize it's not a typical acquisition target, but it might make sens= e >>> from a business development perspective. >>> >>> Let me know what you think. >>> Timothy. >>> >>> On Thu, Dec 2, 2021 at 12:42 PM Lucas Motro >> lmotro@homecareassistance.com> wrote: >>> >>>> Timothy, thanks. Can you describe the company/services in more detail? >>>> >>>> Tim - Let's let Timothy respond first but if a fit you can own reachou= t. >>>> >>>> Thanks. >>>> >>>> On Wed, Dec 1, 2021 at 1:21 PM Timothy Thomas >>> tt@homecareassistance.com> wrote: >>>> >>>>> Hi Lucas, >>>>> >>>>> I've been working with a company named Altomedic for a few years now. >>>>> They're a referral source that has to date given us approximately 325= k in >>>>> business. Altomedic sits between the government and private agencies, >>>>> doling out private pay contracts and t