Spectrum Patient Services to acquire Community Patient Transfer Group
PRESS RELEASE: FOR IMMEDIATE RELEASE
Spectrum Patient Services To Acquire Community Patient Transfer Group
(Toronto, Ontario) Tuesday, May 21, 2015. Spectrum Patient Services is pleased to announce that it has entered into an agreement to acquire Niagara based, Community Patient Transfer Group (CPTG) inclusive of Niagara Patient Transfer and Sports Medic. CPTG is the second largest provider of patient transfer services throughout Ontario. Closing of the acquisition is expected to take place by June.
“The acquisition of CPTG represents Spectrum’s continuing efforts and commitment to growing and diversifying our health services businesses.” said Lori Lord, CEO of Spectrum Health Care, parent company of Spectrum Patient Services. “We are excited to expand our client base and geographic reach in the non-urgent patient transfer and event medical services businesses and welcome the breadth of knowledge and expertise that CPTG and its employees bring to Spectrum Patient Services’ innovative services delivery model.”
CPTG and Niagara Patient Transfer will be integrated and rebranded into Spectrum Patient Services and will continue to provide quality non-urgent patient transfer services to hospitals, retirement homes, long term care/ health care facilities and residents. With this acquisition Spectrum Patient Services becomes the largest provider of non-urgent patient transfer services in Ontario. Sports Medic will be integrated and rebranded into Spectrum Health Care’s event medical services business, Spectrum Event Medical Services.
“Spectrum Patient Services is a leader in the patient transfer industry and we are excited that our employees will be joining a dynamic organization” said Casey Mcnab, President of CPTG.
Spectrum Patient Services will continue to focus on growing its non-urgent patient transfer business and remains committed to providing the highest quality client centred care in concert with Spectrum Health Care’s home care business and Spectrum Event Medical Services and Seniors for Seniors.