TORONTO--(BUSINESS WIRE)--Jack Nathan Medical Corp. (TSXV:JNH) (“Jack Nathan Health” “JNH” or the “Company”) announced today that internationally recognized Chief Medical Officer Dr. Glenn Copeland has joined Jack Nathan Health to lead & expand its new strategic initiative in practice management & clinic operations, driving new operational revenues. Dr. Copeland’s focus on world-class multi-disciplinary healthcare will include: Primary care, family health & urgent care, integrated with corporate & executive health, women’s healthcare, cardiology and cardiac prevention, orthopedic and sports medicine, physiotherapy, chiropractic, medispa, etc.
“Jack Nathan Health is fortunate to add someone of Dr. Copeland’s calibre to our leadership team,” said George Barakat CEO & Co-Founder of Jack Nathan Health. “Dr. Copeland has a depth of knowledge and experience that makes him unique in our industry and comes with a proven track record of building multi-disciplinary health care institutions. Under his stewardship, we will operate, integrate and standardize healthcare services across the JNH network, accelerating topline growth while providing consistent, high-quality care.”
Dr. Glenn Copeland career highlights and contributions:
Dr. Copeland brings extensive business operational experience honed over a 45-year career, including a unique combination of excellence in orthopaedic treatment and sports medicine:
- Business operations excellence: He is internationally recognized for his work as the former founder, chairman and CEO of the renowned Cleveland Clinic Canada, was the founder and former CEO of Feet First and Founder and CEO of Footmaxx International. In 2008 he established the Rehab and Wellbeing Centre and Sports Medicine Centre at Mount Sinai Hospital in Toronto.
- A leader in sports medicine: Dr Copeland has treated several high-profile professional athletes over his career and has been a consulting orthopedic podiatrist with the Toronto Blue Jays since 1980. He is also the medical director for Ottawa Sports and Entertainment Group, the Ottawa Redblacks and is a foot and ankle consultant for the Atlanta Braves of Major League Baseball.
- Outstanding orthopaedic knowledge: He has pioneered advancements in both surgical and non-surgical procedures of the foot and ankle and is the author of five Canadian best-selling books on foot care including “The Foot Doctor” and “Healthy Feet” which has been translated into 12 languages.
“I’m thrilled to join Jack Nathan Health and help deliver a new standard in healthcare based on a shared vision of patient-centric services,” said Dr. Glenn Copeland. “This is a unique opportunity to create industry-leading approaches to medical treatment in an established network of existing clinics as well as the many new locations on the JNH roadmap.”
“We are very excited to welcome Dr. Glenn Copeland to the JNH family as we continue to evolve the Company in pursuit of delivering exceptional healthcare to millions of patients around the globe,” said Mike Marchelletta President & Co-Founder of Jack Nathan Health.
JNH has formed a new subsidiary, Jack Nathan Functional Health Inc., that will be responsible for all corporate run clinical operations. Dr. Copeland will have a 20% equity stake with JNH owning 80% of this new subsidiary. In addition, the Company has granted Dr. Copeland 1 million share purchase options under the Company’s Option Plan, with an exercise price of $1.15, vesting over 2 years and expiring in 7 years.
Jack Nathan Health continues to expand its footprint delivering exceptional, state-of-the-art, turn-key medical centres in 76 Walmart locations across Canada, including British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, and Quebec. Jack Nathan Health also has six existing locations in Mexico and plans to open 50 new medical clinics through Walmart Mexico.
About Jack Nathan Medical Corp.
Jack Nathan Medical Corp., operating as Jack Nathan Health®, is one of Canada’s largest health care networks. Jack Nathan Health® is an innovative health care company that is improving access for millions of patients by co-locating physician and ancillary medical services conveniently located inside Walmart® stores.
Jack Nathan Health® provides an exceptional level of patient care, made possible through patient-centric physicians, a variety of medical services, technology and programs, designed to put patients first. Our mission is to provide everyone access to the finest quality retail medical centres, with both in-clinic physicians and digital telemedicine, so you and your loved ones can “Live Your Best Life”.
Jack Nathan Health® was established in 2006 and continues to expand its international footprint, delivering exceptional, state-of-the-art, turn-key medical centres in 76 Walmart locations across Canada including British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec, as well as six locations in Mexico.
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Certain statements contained in this press release constitute "forward-looking information" as such term is defined in applicable Canadian securities legislation. The words "may", "would", "could", "should", "potential", "will", "seek", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions as they relate to Jack Nathan are intended to identify forward-looking information. All statements other than statements of historical fact may be forward-looking information. Such statements reflect the Company's current views and intentions with respect to future events, and current information available to them, and are subject to certain risks, uncertainties and assumptions Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. Such factors include but are not limited to: changes in economic conditions or financial markets; increases in costs; litigation; legislative and other judicial, regulatory, political and competitive developments; the economic and business impact of Covid19 and operational difficulties. This list is not exhaustive of the factors that may affect forward-looking information. These and other factors should be considered carefully, and readers should not place undue reliance on such forward-looking information. Should any factor affect the Company in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, the Company does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law.