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Jack Nathan Health Appoints Marcy Herriman as New Chief Operating Officer
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary
Jack Nathan Medical Corp. (TSXV: JNH, OTCQB: JNHMF) has announced the appointment of Marcy Herriman as the new Chief Operating Officer (COO), effective immediately. Herriman, who joined the company in 2020 as Vice President of Clinic Operations, has extensive experience in medical operations and business development. Dr. Glenn Copeland, CEO, expressed confidence in her leadership and contributions to the company's expansion. Under her guidance, Jack Nathan Health aims to strengthen its presence and services in Canada and Mexico, positioned for growth despite the challenges posed by the COVID-19 pandemic.
Positive
Appointment of Marcy Herriman brings extensive operational experience.
Expected to enhance growth trajectory with new clinics and services.
Strengthened leadership with a proven track record in the industry.
Negative
Concerns about continuity and experience gaps following management changes.
TORONTO--(BUSINESS WIRE)--
Jack Nathan Medical Corp. (TSXV: JNH, OTCQB: JNHMF) (“Jack Nathan Health”, “JNH” or the “Company”), a provider of primary care medical clinics located in Walmart® Supercentres under the Jack Nathan Health® brand in Canada and Mexico, today announced the appointment of Marcy Herriman as its new Chief Operating Officer (“COO”), effective immediately.
Ms. Herriman joined Jack Nathan Health in 2020, serving as the Company’s Vice President, Clinic Operations. In this role, she was responsible for overseeing clinic development and expansion, working closely with Dr. Glenn Copeland, Chief Executive Officer and Chief Medical Officer and the Jack Nathan Health team. She collaborated with Walmart in facility expansion plans, spearheaded recruitment programs for medical professionals and support staff, and led the team that oversaw the acquisition and buildout of ancillary services including MedSpa and Rehab.
Ms. Herriman brings to Jack Nathan Health over 10 years of medical and operational experience. Prior to joining the Company, she served as Director of Business Development and Operations at Performance Orthotics/Centric Health, a provider of comprehensive health care management services in Canada and the United States. She was part of the leadership team that led to the expansion of its services in more than 45 clinics throughout North America. She was promoted to President in January 2020 and served as a Board Member. Marcy brings extensive experience in opening and managing multidisciplinary medical clinics, mergers and acquisitions, and business development. Ms. Herriman received her Master of Science (“MS”) from Boston University, and her Bachelor of Arts (“BA”) from Northeastern University. She also served as an Adjunct Professor at Sargent College of Health and Rehabilitation Services.
Dr. Glenn Copeland, Chief Executive Officer and Chief Medical Officer stated, “We are very excited for Marcy and congratulate her as our new Chief Operating Officer. She is a proven leader with the respect of her colleagues and peers and has succeeded in every endeavor she has encountered. I’ve had the privilege of working with Marcy for years and recruited her for the Company when I joined as I know firsthand, what she brings to an organization. She has helped us expand our Canadian footprint, enhance our Walmart relationship, build our network of doctors and Allied Service providers, and has led the charge in our facilities’ expansion. Her leadership skills, knowledge of our business and markets, and her experience will be invaluable in the coming years.”
Ms. Herriman added, “I take on this role with great excitement and look forward to working alongside Dr. Copeland, the JNH leadership team and all of our partners, as we make Jack Nathan Health synonymous with high-quality healthcare. We have grown significantly over the past year, despite the impact of the COVID-19 pandemic, and our growth trajectory is even stronger with new clinics coming to market, and new medical services being added. This is an exciting time for our Company, and I am fortunate to be working with a talented team to help JNH achieve its vision of becoming the dominant provider of omnichannel healthcare services to the populations we serve.”
About Jack Nathan Medical Corp.
Jack Nathan Medical Corp., operating as Jack Nathan Health®, is one of Canada’s largest healthcare networks. Jack Nathan Health® is an innovative healthcare 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 Canada, the Company has 76 clinics in Walmart locations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, and Quebec, and is contracted to open three more new clinics in 2021/22. In Mexico, the Company owns 115 corporate owned and operated clinics in Walmart locations. For more information, visit www.jacknathanhealth.com or www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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 COVID-19 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.
What is the significance of Marcy Herriman's appointment as COO for JNHMF?
Marcy Herriman's appointment is significant as she brings valuable operational expertise and a history of successful leadership in the healthcare sector, which is expected to help Jack Nathan Medical Corp. drive growth.
How does Marcy Herriman's background benefit Jack Nathan Medical Corp. (JNHMF)?
Herriman's background in clinic operations and business development will enhance JNHMF's operational efficiency and strategic expansion efforts, particularly in its partnership with Walmart.
What are the expected impacts of the new COO on JNHMF's growth strategy?
The new COO is expected to lead initiatives that accelerate the opening of new clinics and the introduction of additional services, contributing to the company's growth trajectory in Canada and Mexico.
How has Jack Nathan Medical Corp. adapted despite the COVID-19 pandemic?
Jack Nathan Medical Corp. has adapted to the COVID-19 pandemic by expanding its clinic network and services, positioning itself for stronger growth moving forward.
