Think Research (TSX-V:THNK) Corporation announced that its Clinic 360 Inc subsidiary has entered into a patient-sharing arrangement with Peel Weight Loss Clinic to better meet the needs of its gastric sleeve patients.
Clinic 360, already a Canadian leader in bariatric surgeries, will expand with a new office in Brampton, Ontario.
Under the agreement, Peel Weight Loss Clinic will transfer existing and future patients to Clinic 360.
Surgeon and Peel Weight Loss Clinic owner Dr. Pavi Kundhal will join the team of 360 Sleeve bariatric surgeons at Clinic 360 and perform surgeries, manage patient consultations and after-surgery care.
READ: Think Research selected to launch virtual walk-in mental health platform for children and youth in Ontario
"This partnership further cements Clinic 360 as a Canadian leader for important gastric sleeve weight loss surgery in Ontario,” said Think CEO Sachin Aggarwal in a statement.
“We are excited for the surgical team and staff to support more patients in their weight loss journey through gastric sleeve surgery. This comes at a critical time with significant backlogs in the Canadian public healthcare system leading to high demand for the services offered by Clinic 360."
Think acquired Toronto-based Clinic 360 in 2021 and it is a key brand in the company's consumer health portfolio. Clinic 360 provides bariatric and elective surgery and operates two world-class surgical suites.
"I have long had an outstanding working relationship with the staff and surgeons at Clinic 360, and this new partnership builds on that while ensuring our patients receive the best possible care and continue to live a healthy life through weight loss," said Dr. Kundhal.
The patient-sharing arrangement is expected to increase bariatric patient volumes at Clinic 360 by up to 25% over its 2021 patient volumes.
Contact the author: patrick@proactiveinvestors.com
Follow him on Twitter @PatrickMGraham