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Jack Nathan Health announces new coronavirus testing program with Walmart Mexico

All testing sites, once operational, will offer rapid antigen COVID-19 tests at a cost estimated to be 70% less than common pricing, providing significant savings to potential patients and expanded access to quality healthcare services

Jack Nathan Health -
It said the project is another milestone in its partnership with Walmart Mexico as it continues to integrate its medical offerings within Walmart locations

Jack Nathan Medical Corp (CVE:JNH) (OTCQB:JNHMF) has said it is launching a new coronavirus (COVID-19) testing program in Mexico, starting this week. 

The healthcare firm, operating as Jack Nathan Health, said it will be setting up COVID-19 testing centres in select Walmart parking lots, where it owns and operates medical clinics. 

The initial roll-out will include three testing centres, all opening this week. A total of 28 sites have been contractually agreed upon with Walmart. Of those, 11 additional facilities are scheduled to open in August 2021.

READ: Jack Nathan Health sees 1Q revenue increase by 26% driven by expanded clinic operations in Canada and Mexico

The company has identified a total of 64 potential locations, with 20 of them authorized by the Mexican government thus far. All testing sites, once operational, will offer rapid antigen COVID-19 tests at a cost estimated to be 70% less than common pricing, providing significant savings to potential patients and expanded access to quality healthcare services.

“This project represents another milestone in our partnership with Walmart Mexico, as we continue to integrate Jack Nathan Health’s medical offerings within Walmart locations,” Jack Nathan Health co-founder and interim CEO Mike Marchelletta said in a statement.

“We intend to scale quickly and open facilities as authorizations are granted, and business cases are evaluated based on the success of the various roll-outs. There is no doubt there is a need to expand COVID-19 testing throughout Mexico, and we believe we can address it, while adding value-added services to patients and for doctors, and new growth opportunities for JNH,” he added.

Jack Nathan Health said the testing sites will provide an important service to local communities, and support not only the citizens but government and healthcare professionals alike as it collaborates to combat this global pandemic.

“Across our footprint, we are building world-class, multi-disciplinary healthcare centres, seeking to create the new standard in healthcare,” Jack Nathan Health chief medical officer Dr Glenn Copeland said.

“To achieve this, we continue to increase the number of seasoned medical professionals in the JNH network, with plans to further expand our medical capabilities in the coming quarters.”

Jack Nathan Health is one of Canada’s largest health care networks focused on improving access for millions of patients by co-locating physician and ancillary medical services conveniently located inside Walmart stores.

The company 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 52 corporate-owned and operated locations in Mexico.

Contact the author at stephen.gunnion@proactiveinvestors.com

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