GreenStone Healthcare Corp. (GRST)

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GreenStone Healthcare Corp. (GRST)

Postby QualityStocks » Sun Jan 29, 2017 6:25 pm

GreenStone Healthcare Corp., through its subsidiaries, provides medical services in the city of Toronto and the regional municipality of Muskoka, Ontario, Canada.

Located 90 minutes north of Toronto in Muskoka, GreenStone Healthcare's Addiction and Rehabilitation Treatments segment offers out-patient counseling, coaching, intervention, psychological assessment, and other related services.

GreeneStone Muskoka employs the best principles and practices currently available in the treatment of individuals with addiction. To ensure the most comprehensive and effective treatment for its clients, GreenStone Muskoka treats underlying or co-occurring disorders in tandem with the treatment of addiction.

The 36-bed addiction treatment center offers a holistic, individualized treatment approach to recovery. These private, paid programs vary in length from 45-90 days, depending on the unique needs of each resident and their response to the treatment.

GreenStone Muskoka also provides education and counseling sessions to educate the family members of its residents with the objective of helping them better understand the disease of addiction and how they should support their loved one throughout and after their recovery efforts.

GreenStone Healthcare President Shawn Leon has more than 25 years of experience managing public and private development-stage companies for various industries, including industrial minerals, aggregates, oil and gas, mining, financial, technology, hospitality and medical. He has provided financing and capital markets oversight for a number of these ventures, many of which have involved negotiations for mergers and acquisitions. He is joined by Vice President Dr. Anita Teslak, whose 25 years of combined experience as a CEO, psychologist and leadership provides valuable insight into a successful business model.
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Re: GreenStone Healthcare Corp. (GRST)

Postby QualityStocks » Wed Feb 01, 2017 5:32 pm

GreeneStone Healthcare Corp. (GRST) is “One to Watch”

GreeneStone Healthcare Corp. (OTCQB: GRST), through its subsidiaries, provides medical services in the city of Toronto and the regional municipality of Muskoka, Ontario, Canada.

Located 90 minutes north of Toronto in Muskoka, GreeneStone Healthcare’s Addiction and Rehabilitation Treatments segment offers out-patient counseling, coaching, intervention, psychological assessment, and other related services.

GreeneStone Muskoka employs the best principles and practices currently available in the treatment of individuals with addiction. To ensure the most comprehensive and effective treatment for its clients, GreeneStone Muskoka treats underlying or co-occurring disorders in tandem with the treatment of addiction.

The 36-bed addiction treatment center offers a holistic, individualized treatment approach to recovery. These private, paid programs vary in length from 45-90 days, depending on the unique needs of each resident and their response to the treatment.

GreeneStone Muskoka also provides education and counseling sessions to educate the family members of its residents with the objective of helping them better understand the disease of addiction and how they should support their loved ones throughout and after their recovery efforts.

GreeneStone Healthcare President Shawn Leon has more than 25 years of experience managing public and private development-stage companies for various industries, including industrial minerals, aggregates, oil and gas, mining, finance, technology, hospitality and medical. He has provided financing and capital markets oversight for a number of these ventures, many of which have involved negotiations for mergers and acquisitions. He is joined by Vice President Dr. Anita Teslak, whose 25 years of combined experience as a CEO, psychologist and executive provides valuable insight into a successful business model.

For more information, visit the company’s website at www.GreeneStone.net
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Re: GreenStone Healthcare Corp. (GRST)

Postby QualityStocks » Wed Mar 01, 2017 4:36 pm

New Opportunities for Affordable Care in Treatment of Substance Use Disorder

The behavioral health industry has mushroomed in recent years, largely driven by an alarming rise in the misuse and abuse of opioids. In 2010, the Patient Protection and Affordable Care Act (ACA) opened the door to a new way of handling substance abuse by integrating substance use disorder (SUD) treatment into the main health care system. The result has been an expansion in facilities to treat substance abuse and addiction. Today, opportunities for affordable care in the behavioral health system have never looked better thanks to a mix of large and small companies like Greenestone Healthcare Corp. (GRST), (GRST Profile) Universal Health Services, Inc. (UHS), Universal Health Realty Income Trust (UHT), Acadia Healthcare Company Inc. (ACHC) and American Addiction Centers AAC Holdings Inc. (AAC).

In the past, SUD treatment regimens were ‘carved out’ from the main health care system and concentrated on acute interventions to reduce costs and improve care for the more serious cases of abuse and addiction. But SUD requires a longer-term focus since it is a chronic condition. As any alcoholic will readily admit, he may have stopped drinking but he is not “cured.”

A chronic care regimen integrated into the main health care system has the benefit of identifying at-risk patients and providing services that reduce the risk of relapse. Integrated systems have produced better outcomes, as a number of studies have shown (1). And such programs are facilitated by the ACA, which mandates that insurance coverage for SUD treatment be “no more restrictive” than any other medical or surgical procedure.

Years after the passage of this provision, it finally bared its teeth. Last fall, after pressure from New York’s Attorney General, Eric T. Schneiderman, Cigna dropped a requirement that doctors should seek ‘prior authorization’ before prescribing medications to treat withdrawal systems and other drug abuse and addiction conditions (http://nnw.fm/V1mTm). Other insurance companies have taken note. In January, Anthem followed suit. And, more recently, so did Aetna.

The rule has long had its critics. Physicians argue that telling an addict to return tomorrow or next week to start a recovery program most likely means never seeing that person again, and that it is, in effect, an institutionalized system of procrastination that raises both the dollar and human costs of SUD treatment. With this hurdle now out of the way, there is likely to be a substantial expansion of substance abuse and addiction services in facilities across the nation, allowing companies like GreeneStone Healthcare (GRST) to stretch its legs.

GreeneStone, with a market cap of over $7 million, operates in the behavioral healthcare space, specifically in the treatment of SUDs. The company has developed a unique style of treatment, and within the last six years reports great success with in-patient treatment for adults.

The company recently announced an initiative designed to strengthen its balance sheet and position it for sustainable growth in the U.S. health care market. The strategy started with GreeneStone’s acquisition of Cranberry Cove Holdings, which owns the real estate used by GreeneStone’s addiction treatment facility in Muskoka, Canada. GreeneStone then sold the operational assets of its Muskoka clinic, and through its newly acquired subsidiary will continue to own and lease the clinic building. GreeneStone then acquired the business and real estate assets of Seastone addiction treatment center in Delray Beach, Florida. The treatment model is an individualized program based on and in-depth assessment to identify root causes of addiction and co-occurring disorders – an approach well aligned with the previously mentioned benefits of integrating a chronic care regimen into the main health care system.

Another player in the behavioral health sector is Universal Health Services (UHS), one of the largest hospital management companies in the United States. Through its subsidiaries, UHS operates 24 inpatient acute care hospitals, three free-standing emergency departments, 213 inpatient and 16 outpatient behavioral health care facilities located in 37 states, Washington, D.C., the United Kingdom, Puerto Rico and the U.S. Virgin Islands. The company has a market cap exceeding $12 billion. With a consensus price target of over $134, the stock is currently trading around $125.

Universal Health Realty Income Trust (UHT), which commenced operations on December 24, 1986, is a real estate investment trust specializing in healthcare and human service related facilities. As of September 30, 2016, the trust had 65 investments in 20 states, including acute care hospitals, medical office buildings, rehabilitation hospitals, sub-acute care facilities, freestanding emergency departments and childcare centers. Based in King of Prussia, Pennsylvania, it has a market cap of around $853 million. The stock, currently trading at about $64, has a consensus target price of $93.

American Addiction Centers, going by the name, AAC Holdings (AAC) is a leading provider of inpatient substance abuse treatment services. Its facilities offer treatment to adults struggling with drug addiction, alcohol addiction, and co-occurring mental/behavioral health issues. The company has a market cap of around $183 million. Its stock, currently trading just under $8, has been set a consensus price target of $13.

With a market cap of roughly $3.8 billion, Acadia Healthcare Company (ACHC) rests on the heavy end of the primary behavioral health players. Its stock, currently trading around $45, has had a consensus target price of $51 set by industry analysts. The company is a provider of inpatient behavioral healthcare services. It operates a network of 568 behavioral healthcare facilities with approximately 16,900 beds in 39 states, the United Kingdom and Puerto Rico. Acadia provides behavioral health and addiction services to its patients in a variety of settings, including inpatient psychiatric hospitals, residential treatment centers, outpatient clinics and therapeutic school-based programs. Acadia recently posted fourth-quarter revenue of $702.9 million, up 41.9 percent compared to $495.3 million for the fourth quarter of 2015. Net income from continuing operations attributable to Acadia stockholders was $41.8 million, up 21.1% from $34.5 million for the fourth quarter of 2015.

Source: 1. http://nnw.fm/semM8

For more information on GreeneStone please visit: GreeneStone Healthcare (GRST)
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Re: GreenStone Healthcare Corp. (GRST)

Postby QualityStocks » Mon Mar 13, 2017 3:55 pm

GreeneStone Healthcare Corp. (GRST) Bringing Unique Substance Abuse Recovery Approach to Florida

Substance abuse and addiction remain a serious problem across the United States, generating more than $700 billion a year in expenses related to health care, crime, work productivity and more, according to the National Institute on Drug Abuse (http://nnw.fm/9IpUl). Abuse of tobacco, illicit drugs and alcohol remains high, along with the number of prescription drug users nationwide. Unfortunately, not all people suffering from a substance abuse problem get the treatment they need, or perhaps access to any kind of treatment at all, with potentially lethal consequences. GreeneStone Healthcare Corp. (OTCQB: GRST), a Canadian-founded provider of healthcare services, with a focus on addiction and mental health, is hoping to change this as it enters the U.S. market with a unique and tested approach to the substance abuse recovery process.

The company recently sold its Canadian addiction business and is planning to open a new treatment center in Florida after acquiring the real estate assets and business of Delray Beach-based Seastone addiction center. Known as a leading and first addiction treatment of the kind in Canada, GreeneStone has used modern philosophies and techniques to successfully treat hundreds of patients, and it has been planning to expand its operations to the U.S. as well. The first step is the Florida clinic, where the company hopes to use the skills acquired in Canada to revolutionize addiction treatment.

According to the Addiction Blog (http://nnw.fm/IFs1A), Florida has a severe substance problem and one of the highest overdose mortality rates in the United States. With more than 300 illegal methamphetamine labs seized and almost 3,000 drug induced deaths per year, the need for comprehensive and effective substance abuse and addiction treatment is evident. In addition, Florida also prescribes up to 10 times more oxycodone pills than all the other states combined, which in turn causes a major increase in the number of addiction patients throughout the state.

GreeneStone’s unique approach to substance abuse recovery is based on the best practices and principles available and focuses on treating not only the addiction problem but also any co-occurring and underlying disorders that enabled the addiction behavior in the first place. GreeneStone applies unique assessment tools to evaluate the extent and nature of the brain disorders in its clients so that it may effectively tailor the treatment plan. With a non-judgmental, client-centered approach that respects the need for privacy, independence and autonomy and embraces diversity, GreeneStone is developing personalized, holistic treatments for its patients, based on their individual beliefs and situation.

Additionally, all treatments are results oriented and based on the idea of inclusion – meaning that each client benefits from core team support consisting of friends or family. Counseling and education are also provided to family members and friends who are part of patients’ support teams, with the goal of helping them get a better understanding of what their loved ones are going through, what addiction entails and how they can help during and after the recovery process.

For more information, visit the company’s website at www.GreeneStone.net
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Re: GreenStone Healthcare Corp. (GRST)

Postby QualityStocks » Wed Mar 15, 2017 6:01 pm

GreeneStone Healthcare Corp. (GRST) Helping Tackle the Effects of Substance Abuse on Young Adults and Children in Florida

Addiction, a chronic brain disease that induces compulsive activity leading to many legal, social, and health consequences, is a problem that has swept over the world. Although this disease may start as a positive experience for the user, the outcome is normally devastating or even fatal. In the U.S., pharmaceutical opioids and heroin are two of the most problematic substances, causing thousands of deaths annually.

However, it’s not just opioids and heroin causing problems. Millions of Americans are addicted to other drugs and alcohol. Florida, specifically, is known as a state of hard drinking. It is also known as a party destination for spring breakers. Approximately 58% of Floridians are drinkers, with around 15% of these being heavy drinkers (http://nnw.fm/8WX5l).

The combination of Florida being a well-known center for drug trafficking and a go-to spring break destination has led to youth and young adult substance abuse in the state becoming a critical problem. According to DrugRehab.com (http://nnw.fm/3Vmd4), “In 2015, of those in Florida who sought rehab, 47.5 percent of people addicted to heroin and 48.2 percent of people addicted to opioids were aged 30 and under.” In addition, of all the patients admitted to rehabilitation facilities in Florida in 2015, more than 3,000 of these were children aged below 18 years old. This equates to 10.6% of the total number of admitted patients.

It is not only the children and young adults with substance abuse and addiction who are suffering the consequences of the drugs. Parents with chemical dependencies often have tragic effects on their own children. Aside from potentially leaving children with the same substance addiction, these parents often neglect their offspring. DrugRehab.com reports that such emotional and physical neglect, and sometimes related abuse, caused more than 230 child deaths in Florida between 2008 and 2014. Fortunately, more is being done by organizations to overcome this statewide problem.

Treatment is essential for both adults and children hooked on opiates, heroin, and other substances. The best way to overcome this problem is residential treatment, something Greenestone Healthcare Corp. (OTCQB: GRST) can now offer Floridians, following its recent acquisition of Seastone Drug Rehab in Delray Beach, Florida.

The company, which offers addiction and rehabilitation treatment services, some of which include counseling, coaching, intervention, psychological assessment, and more, uses a unique approach to substance abuse recovery, focusing on treating any underlying disorders that could have encouraged the addiction.

By working with medical professionals at the clinic, as well as the patient’s family and friends, Seastone is uniquely equipped to help adults in Florida and around the country overcome their addiction. This will hopefully result in fewer children suffering both the mental and physical consequences of their parents or guardians addiction, leading to fewer child deaths as a result of neglect and/or abuse.

For more information, visit the company’s website at www.GreeneStone.net
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