Empower Clinics Inc has announced the grand opening of its NEXT "The Medi-Collective" (TMC) clinic in Etobicoke, Ontario.
The company said the clinic currently is fully operational and accepting new patients and walk-in appointments.
The 2,600 square-foot facility will connect Etobicoke residents with four family doctors, two specialists offering nephrology and internal medicine services, and a full-service Rexall Pharmacy.
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Empower said the additional staff brings TMC's medical professional team to over two dozen experienced physicians. The Etobicoke Brown's Line location will also offer paramedical services such as physiotherapy, chiropractor, registered massage therapy, custom bracing orthotics, and Medx Teledermatology.
The company said it anticipates revenue between $2.56 million to $3.6 million annually. TMC is actively working to grow its in-house specialty services to meet other in-demand healthcare needs through its existing telemedicine capacities.
"I'm proud of the Empower team who has forged ahead to provide Canadians with cutting edge integrated healthcare that provides family medicine, pharmaceutical and specialty healthcare services under one roof," said Empower CEO Steven McAuley in a statement.
"Working with national and local pharmacy partners is proving to be a successful endeavour for both our patients and shareholders. I'm confident in our national expansion strategy and optimistic for the future as we continue to execute against our medium and long-term growth plans."
In the meantime, the company told shareholders that its pipeline of clinics continues to progress. TMC remains on track to expand beyond Ontario and into Alberta, British Columbia, and New Brunswick in the coming months.
Empower added that it continues to project a new opening every three weeks through the end of 2021 and into the first quarter of 2022, with its next opening scheduled for November 1 in Mississauga, Ontario.
The status of its 33-clinic pipeline in Canada is as follows:
- Operational - 4
- In development and construction - 8
- In due diligence - 21
The company said advanced discussions continue for additional locations across various provinces.
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