Skylight Health Group is not your ordinary company, no way! Let us begin to look at the facts; for one, it is in the disruptive sector and of course every person that is reading this at the moment is turning their eyes and saying, DUH!
“I get it I get it. I was only covering the obvious but it still had to be stated, yeesh, tough crowd”!
The second reason is their compassion; Skylight Health Group has put humanity front and centre, while still maintaining solid financials, generating profits and growth!
Third, their ability to grow exponentially while increasing the bottom line, improving their system, expanding clinical care and still be a symbol of hope for the people!
This is usually an oxymoron, focus on profits while being compassionate and a beacon of hope! You would think I’m talking about a .org company for those of you that do not know, .orgs just won a case that all .org companies should be non profit. This is all part of an internet bigger picture agenda I have been talking about since 2017 but we’ll get into that in another article.
Thats right, this is not a .org corporation, they are not a non profit, they are a profit style company and have to ensure that the shareholders are happy type old fashioned company with modern day technology that has allowed them to establish a medical system in the USA that all Americans can profit from…(did you get the pun there).
Thats right, all Americans can profit whether they are a shareholder or your average American citizen in need of help!
For Shareholders its a company that through their Telehealth can have margins top to 80%, if you dont believe me, go look up the small cap conference and listen to Prad Sekar talk (that’s the awesome CEO behind this), that’s insane, 80% margins and they have footprint clinics too and plan on being in every state across America.
Ok so naturally we see why SkylightHealth can benefit when it comes to the bottom line but to get to my second point as to where investors could enjoy shareholder experience is the compassion area while making money through intrinsic philantrophy.
Did you know that most Americans can not afford to see a doctor that most can not afford to pay their medical bills once they do see a doctor or can not afford prescription drugs, how can this be in the leading economical country in the world.
All that is about too change, the USA does spend an insane amount of money on their citizens nearly…here let the experts tell you, “NHE grew 4.6% to $3.8 trillion in 2019, or $11,582 per person, and accounted for 17.7% of Gross Domestic Product (GDP). Medicare spending grew 6.7% to $799.4 billion in 2019, or 21 percent of total NHE. Medicaid spending grew 2.9% to $613.5 billion in 2019, or 16 percent of total NHE“. that is a high cost to GDP ratio and unsustainable, its too expensive and a structural change was and is needed in order to fix the issues from ground up.
Skylight Health Group is in our opinion is the answer for all Americans. It is the hope for all those people afraid of getting sick, the beacon of light to have children again and not worry. It is peace of mind that they will no longer have to pay medical bills if their children get sick because children get sick all the time, for those of us with children in daycare and primary school, we know the drill.
Skylight Health group is stating that if a child is under the age of 8 year old they will give that child free access to a doctor, if you take the 198$ a year plan. Imagine having a 5 year old, a 3 year old and a baby and you now have access to doctors in the USA at a simple one time price of 198$ a year…WHAT, a year, WHAT, 198$ a year and all children under 8 years old free…WHAT?! Children from 8 to 18 pay half rates add a family member at the same rate…WHAT?! It also renews at the same prices unlike some of its competitors or you do not need insurance first to get you proper Telehealth coverage as some of its competitors.
Let us now focus on the family plan, they will offer at a one time price of 599$ a year unlimited access to doctors fro two (2) adults, two Children under the age of 18 and all children under the age of 8 unlimited access under the family plan.
This includes to exclude all extra fees and copays, which means you need a doctors note, to see a doctor for prescription refill, birth control etc…no extra cost, all included…
Its low cost for all Americans to live with a sort of relief that they can help their children when they are sick, because feeling helpless is every parents worry!
Let us not forget that they will also be serving you a card once you join their corporation that will allow you 80% off all generic drugs and brand names selections.
This is another part of their business model that is so important to the average citizen that we can not describe, the best way to put it is that some Americans die because they can not afford an epipen, imagine, an epipen!
Well that is all changed now, not really now, because this company is in its infant stages and just moved up form .cn to the venture market recently and is planning to uplist to the NASDAQ in Q2 2021, this is where the real growth occurs.
they may have to do a reverse merger for a few reasons to be in accordance with Nasdaq price policy and to make the stock look more attractive to the institutional investors, with that you have a company that is in good hands when it comes to its financial statements and they already have more institutional and companies involved as their shareholders.
Let us factor in some important facts;
- SKylightHealth has strong financials.
- SkylightHealth has an aggressive CEO but with a head on his shoulders (love it).
- SkylightHealth has an ethical business model for Americans.
- SkylightHealths payment structure in the USA beats all Canadian Telehealth payment structures when it comes to Telehealth, the only exception CloudMD (imagine in canada where healthcare is free, Telehealth companies in Canada charge big money for limited visits)!
- SkylightHealth plan on going international.
- SkylightHealth have high profit margins.
- SkylightHealth open their application (app) in a state before having a footprint clinic but they have footprint clinics as they already do and they even have emergency clinics!
- SkylightHealth allow citizens to reduce their insurance plan because with Skylight Health group you can eliminate the need for a doctor for the small things and you can eliminate the high cost of insurance for pharmaceutical drugs, it is all included in Skylight Healths groups package, (so you get to save one place drastically reducing your insurance and premium as you only take an insurance for the big things, who knows the savings may pay for the cost of membership and even put money in your pocket, I’m nearly sure if you have multiple children, you see big time with your insurance and it pays off the membership easily).
- SkylightHealth of the philantrophy behind this, how many times have we heard the super rich state they want to give back, they give to these causes because, people should have access to medical, think about when this does hit the nasdaq, I would think those people that want to give back, the big deep pockets in corporations and in government would want to involve themselves too getting rid of the American dilemma and create wealth all at the same time!
On top of their incredible Telehealth platform, they “network of over 35 medical clinics across 15 states in the US, providing integrative, primary and urgent care services to over 150,000 patients annually”…skylighthelathgroup.
I haven’t even started on what Skylight Health Group offers business!
Skylight Health Group have packages that spill over into the household, they offer different packages for companies of all sizes!
They have a 3 pronged approach to growth:
1 STRATEGIC AND ACCRETIVE ACQUISITIONS
2 EXPANSION OF SERVICES
TO EXISTING CUSTOMER BASE
• Primary Care to expand current per patient economic revenue of $150 to $1000 per year through insurable services.
3 SUBSCRIPTION TO UN/UNDER INSURED PATIENTS
• Skylight Health’s $199 annual subscription telemedicine program to address 40 million uninsured Americans.
Information provided by skylight health groups Q1 2021 presentation…SKYLIGHTHEALTHGROUP
With over 20 million cash on hand and over 25 million run rate, they have the room to continued growth and strategic acquisitions.
Let us take a look what makes up the management team:
Pradyum Sekar
CEO & Co-Founder
Over 15 years experience in Canadian Healthcare in technology, practice management and large multi-disciplinary health centers.
Kash Qureshi
President & Co-Founder
Over 20 years experience in Canadian Healthcare in technology, wellness development practice management and commercial banking.
Dan Thompson
Chief Corporate Officer
Over 20 years experience in technology, healthcare and retail industries with a focus on marketing and communications in both public and private companies.
Raheel Lalani
VP Finance
Qualified CPA with over 12 years of progressive experience in accounting and finance across professional services, industry and public company environments. Formerly associated with one of the big 4 accounting firms.
Pam Galassini
Chief Business Dev Officer
Over 20 years experience in the pharmacy benefit management, insurance payor insights and pharmaceutical manufacturer industries including at Medco Health Solutions.
Stephanie Gluchacki
SVP, Compliance
Over 10 years experience in the US healthcare sector with multi-state management of medical clinics with a focus on governance, regulations and financial management.
Dr. Richard Koff
Medical Director
Over 25 years experience in the US healthcare sector as a primary care and family medicine specialist as well as a leader in alternative and complementary treatments and therapies.
- Experienced management team in the medical field
- Experienced in the Technology field
- Banking
- Experienced in big 4 accounting firms
- insurance an pharmaceutical
- Financial management
These are only some key points.
Let us take a look at what makes up the Board of directors:
Norton Singhavon
Chairman of the Board
Former founder and partner of Doventi Capital with extensive experience in capital markets, M&A activity and consolidation.
Grace Mellis
Independent Director
Decade-long career at JP Morgan Chase as MD and Head of Int’l Strategy and deep financial and capital markets experience including as CFO of NASDAQ-listed Greendot Corp (US$3.1B MCap).
Peter Cummins
Independent Director
Former Johnson & Johnson Executive with leadership roles in research & development, innovation and regulatory affairs globally.
Tom Brogan
Independent Director
Former founder of Brogan Consulting – now IQVIA (NSE:IQV) – now a $11B global healthcare technology and research firm.
Pradyum Sekar
CEO & Co-Founder of Skylight
Over 15 years experience in Canadian Healthcare in technology, practice management and large multi- disciplinary health centers.
Kash Qureshi
President & Co-Founder of Skylight
Over 20 years experience in Canadian Healthcare in technology, wellness development practice management and commercial banking.
As we can see the talent is here!
Did I mention its seriously undervalued and its going to uplist to the NASDAQ Q2 2021!
In our Opinion:
We here at betweenplays see SkylightHealth Group going the distance, in our opinion, they will be a challenging player in the USA and worldwide markets.
As on their website:
Let’s make Healthcare a Human Right Together!
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