--000000000000c6efeb05d230a1f1 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable 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 and > 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 patien= t > who resides in a semi autonomous facility requires more care then that > facility can provide, they need to be transferred to a government run lon= g > 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 a= re > 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 sense > from a business development perspective. > > Let me know what you think. > Timothy. > > On Thu, Dec 2, 2021 at 12:42 PM Lucas Motro > 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 reachout. >> >> Thanks. >> >> On Wed, Dec 1, 2021 at 1:21 PM Timothy Thomas >> 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 325k = in >>> business. Altomedic sits between the government and private agencies, >>> doling out private pay contracts and taking a 15% cut. They're for sale= and >>> the owner would be an amazing addition to our team. She could also help= us >>> unlock the francophone / government referral market for private care. >>> >>> Could someone from your team reach out? Her English is basic so let me >>> know if you need me to help out. >>> >>> M=C3=A9lanie Dor=C3=A9 - melanie.dore@altomedic.ca >>> >>> Thanks! >>> Tim >>> >>> -- >>> Timothy Thomas >>> Regional Operations Manager >>> Home Care Assistance of Westmount >>> Office: 514-907-5065 >>> Fax: 514-221-4265 >>> 4464 Ste Catherine West >>> Westmount, QC, H3Z1R7 >>> HomeCareAssistanceMontreal.ca >>> --- >>> Read Our Testimonials >>> >>> We Are Hiring! >>> >>> >>> >>> >>> Champions of Longevity >>> >> >> >> -- >> Lucas Motro >> Director of Corporate Development >> Home Care Assistance >> www.homecareassistance.com >> --- >> Read Our Testimonials >> Join Our Newsletter >> >> We Are Hiring! >> [image: https://www.linkedin.com/company/home-care-assistance/] >> >> >> Champions of Aging Well >> > > > -- > Timothy Thomas > Regional Operat