SlideShare a Scribd company logo
AGILITY HEALTH
INVESTOR PRESENTATION
March 2017
Safe Harbor
Disclosure
Certain statements contained in this presentation may be considered “forward-looking information”
as defined under applicable Canadian securities laws (“forward-looking statements”). Forward-
looking statements include, but are not limited to, statements made under the heading “Risk
Factors” of the base shelf prospectus of Agility Health, Inc. dated May 29, 2015 and other
statements concerning the objectives of Agility Health, Inc. (“Agility”), strategies to achieve those
objectives, as well as statements with respect to management’s beliefs, plans, estimates, and
intentions, and similar statements concerning anticipated future events, results, circumstances,
performance or expectations that are not historical facts. Forward-looking statements generally can
be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”,
“expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plans”, or “continue”, or similar
expressions suggesting future outcomes or events. Such forward-looking statements reflect
management’s current beliefs and are based on information currently available to management.
Forward-looking statements involve risks and uncertainties that could cause actual results to differ
materially from those contemplated by such statements.
No assurance can be given as to any such future results, levels of activity or achievements and
neither Agility nor any other person assumes responsibility for the accuracy and completeness of
any forward-looking statements. The factors underlying current expectations are dynamic and
subject to change. All forward-looking statements in this presentation are qualified by these
cautionary statements. Other than specifically required by applicable laws, Agility is under no
obligation and expressly disclaims any such obligation to update or alter the forward-looking
statements whether as a result of new information, future events or otherwise except as may be
required by law.
All reference to dollars in this presentation are to U.S. dollars, unless otherwise indicated.
2
Who We Are
Agility Health, Inc. (“Agility”) is a leading healthcare provider with a focus on
physical rehabilitation services
3
✓ Physical therapy, Occupational therapy,
Athletic training, Speech therapy
✓ Growth in revenues, margins and EBITDA
✓ Large, growing industry - highly fragmented
✓ Differentiated business model
✓ Capitalize on growing demand
✓ Experienced leadership
Physical Therapy Market Overview
4
Physical therapy is a >US$30 billion industry that is expected to grow 7%
annually through 2018.
▪ Physical therapy accounts for approximately 90% of all outpatient rehabilitation spending
• Highly fragmented with largest 50 competitors comprising less than 25% of the market
▪ Numerous, positive factors driving long-term growth:
• Expanding patient population that provides favorable tailwinds:
− Aging U.S. population − Unhealthy youth lifestyle trends − Growth in employment
• Outpatient rehabilitation is significantly less costly than surgery or hospitalization, but with similar
clinical effectiveness
U.S. Outpatient Rehabilitation Expenditures Outpatient Rehabilitation Spending by Segment
For the Years Ended and Ending December 31, 2004-2018P
($ inbillions)
$0
$5
$10
$15
$20
$25
$30
$40
$45
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013E 2014P 2015P 2016P 2017P 2018P
Orthopedic
Physical Therapy
48%
SpeechTherapy
and Audiology
10%
GeneralPhysical
Therapy
9%
$35
GeriatricPhysical
Therapy
9%
PediatricPhysical
Therapy
8%
Sportsphysical
Therapy
7%
Other Specialty Neurological
Physical Therapy Physical Therapy
3% 6%90%
Source: IBISWorld.
Network of Service Sites
✓ 1+ million patient visits annually
✓ 1,100+ employees
✓ 145+ locations across 20 states
✓ Consolidating highly fragmented
market
✓ Proprietary operating software
✓ Provides post-acute ‘rehabilitation
continuum of care’
✓ Seasoned management team
✓ Diversified portfolio: geographically
and clinically
5
One of the leading providers of physical rehabilitation services in North America
Provide care and treatment for orthopedic-related disorders, sports-related injuries,
preventative care and occupational rehabilitation
Agility Health
Physical Rehabilitation Services - Overview
6
Hospital Services
✓ Outsourced Services
✓ Contract Terms: 1-3 Years
✓ Reimbursement: (production or time based)
✓ Physical Therapy (PT), Occupational Therapy (OT),
Speech Pathology (SP), Athletic Training (AT)
✓ Good relationships
Long-Term Care Services
✓ Outsourced Services
✓ Contract Terms: 1-3 Years
✓ Reimbursement: (inpatient services are time-based
and outpatient production-based)
✓ PT, OT, and SP
✓ Many long-term customers
Outpatient Services
✓ Owned or Partnered
✓ Free-standing; leased locations
✓ PT, OT and AT services
✓ Reimbursement: insurance and cash
Industrial Services
✓ Contract Terms: 1-3 Years
✓ Reimbursement: cash from client
✓ AT prevention services
✓ Many long-term customers
Agility Health
Business Segments
Long-Term
Care
Contract Services
Outpatient
Clinics
Hospitals
Contract Services
Industrial
Work-FitTM
7
Clinics/Facilities 56 Sites 31 Sites 36 Sites 25 Sites
LTM Revenue(1) US$31.3 M US$5.6 M US$8.0 M US$17.4 M
% LTM Revenue 50% 9% 13% 28%
1. Clinic level, financials.
Agility Health
Business Segments
Agility Health
Gross Charges by Payor
Gross Charges by Payor 2015Gross Charges by Payor 2014
Agility Health
Financial Summary ($US)
9
2013 2014 2015 LTM Sept. 30th, 2016
(Expressed in USD)
Revenue $60,527,877 $62,104,509 $62,328,991 $63,021,546
Outpatient Services $24,511,369 $28,943,806 $31,235,551 $32,296,925
% of Total Sales 40.50% 46.60% 50.11% 51.25%
Hospital Services $10,562,115 $9,656,009 $8,231,790 $8,028,356
% of Total Sales 17.45% 15.55% 13.21% 12.74%
Long-Term Care $24,483,526 $18,063,717 $17,246,432 $15,450,388
% of Total Sales 40.45% 29.09% 27.67% 24.52%
Industrial Services $953,919 $5,416,755 $5,603,376 $7,087,289
% of Total Sales 1.58% 8.72% 8.99% 11.25%
Administrative $13,292 $22,109 $10,970 $158,588
% of Total Sales 0.02% 0.04% 0.02% 0.25%
Cost of Revenues
Salaries and Benefits $41,302,131 $40,837,396 $40,093,117 $41,392,307
Contract Labor $1,067,679 $802,113 $1,018,142 $885,340
Facility $3,457,499 $3,424,663 $3,895,123 $4,118,466
Supplies $798,147 $891,292 $802,671 $808,927
Depreciation and Amortization $768,401 $726,829 $692,741 $655,705
Provision for Bed Debts $1,077,803 $464,763 $770,408 $932,038
Other $1,339,330 $1,424,005 $1,328,860 $1,419,535
Total Cost of Revenues $49,810,990 $48,571,061 $48,601,062 $50,212,318
Gross Profit $10,716,887 $13,533,448 $13,727,929 $12,809,228
% of Total Sales 17.71% 21.79% 22.02% 20.33%
SG&A $12,571,612 $14,313,511 $11,682,170 $11,789,733
Clinic Level EBITDA $10,531,851 $10,930,394 $12,278,811 $9,660,275
% of Total Sales 17.40% 17.60% 19.70% 15.33%
Outpatient Services $5,036,963 $5,222,542 $5,640,146 $4,950,828
% of Total Sales 47.83% 47.78% 45.93% 51.25%
Hospital Services $2,547,655 $2,532,572 $2,192,750 $2,008,985
% of Total Sales 24.19% 23.17% 17.86% 20.80%
Long-Term Care $2,770,930 $2,221,056 $2,098,817 $1,582,638
% of Total Sales 26.31% 20.32% 17.09% 16.38%
Industrial Services $176,198 $954,114 $943,013 $1,117,824
% of Total Sales 1.67% 8.73% 7.68% 11.57%
Medic Holdings Acquisition
10
✓ February 2017 - acquisition of Medic Holdings by way of
share exchange
✓ Medic 2016 revenues ~ CDN$16 million
✓ EBITDA ~ CDN$1.4 million
✓ Medic becomes wholly-owned subsidiary of Agility -
shareholders of Medic owning (fully-diluted) ~ 20% of Agility
common shares post-transaction
✓ Restructuring of balance sheet underway - improve cash
flow, EPS
✓ Significant expansion of orthotics business unit
✓ Added depth to management team and Board - healthcare,
operations, M&A, capital markets (combined +60 years)
11
• Canadian business unit focusing on outpatient orthotics/foot care
• Orthotic and prosthetic manufacturing capabilities
• 12 foot care clinics in Ontario and Quebec
• Employs approximately 120+ people; headquartered in Oakville, Ontario
• Orthotic manufacturing in Hamilton, Ontario (Ontario Orthotic Lab)
• Production of more than 60,000 pairs of orthotics per year
• Prosthetics manufacturing in Montreal
• >60 employees in manufacturing
Manufacturing
• 12 foot care clinics in Southern Ontario and Montreal region
• One of the largest operators of foot care clinics in Canada
Clinics
Medic Holdings
Orthotics - Overview
12
Ontario Orthotic Lab
• Manufactures arch supports (orthotics)
• 40 plant employees
• ~3,000 pairs of orthotics on back order
Product Offerings:
✓ Custom-manufactured, prescription orthotic
devices for dress, athletic, casual or
diabetic footwear (compatible with Adidas,
Nike, Rockport, Drew, Asics and NAOT)
✓ Wide variety of compression hosiery styles
and brands
✓ Functional electrical stimulation (FES),
prosthetics, T.E.N.S pain management,
home health care and mobility aids
Medic Holdings
Business Segments
Slawner Orthotics
• Leader in field of orthotics and prosthetics
• Over 60 years of service history
• Multiple locations around Montreal; serves
multiple hospitals
Product Offerings:
✓ Comfort shoes
✓ Foot orthotics
✓ Functional electrical stimulation (FES),
compression therapy, T.E.N.S. pain
management, home care and mobility aids
Highlights
13
Broad Diversified Footprint
✓ Expands clinic network into Canada/orthotics
✓ Diversified revenue by state/province, payers and
business line
✓ Reduced reimbursement risk/contract reliance
Strengthened/Expanded Management and Governance
✓ Business development, M&A/financial, capital markets
✓ Scalable leadership/back office teams
✓ Added skills to Board
Capital Market Profile
✓ Increased revenue/EBITDA scale
✓ Positive cash flow impacts from improved balance
sheet
✓ Uplist to TSX: potential US listing
Scalable Growth Platform
✓ Fully-invested back office infrastructure enables M&A
efficiency
✓ Visible, near-term acquisition pipeline
✓ Pipeline impact +50% increase in EBITDA
CDN$96.5M
TTM Revenue
CDN$8.3M
TTM EBITDA
6.7X
EV/TTM EBITDA
164
Clinic Sites
US/Canada
Comparable Public Companies *
(Canadian and US w/ Rehabilitation)
14
* All figures in $US
** Prices effective February 17, 2017
Company Name
(Exchange: Ticker)
Price
**
Market
Value (MM)
Revenue
(MM -
TTM)
EBITDA
(MM -
TTM)
Enterprise
Value/
Revenue
Enterprise
Value/
EBITDA
US Physical Therapy, Inc.
(NYSE: USPH)
$74.65 $927 $352 $60 2.9x 16.9x
Select Medical Holdings Corp.
(NYSE: SEM)
$12.70 $1,770 $4,279 $493 1.0x 8.9x
Kindred Healthcare, Inc.
(NASDAQ: GTIV)
$7.05 $627 $7,255 $98 0.5x 39.9x
Ensign Group, Inc.
(NASDAQ: ENSG)
$18.05 $916 $1,595 $119 0.7x 9.6x
Centric Health Corp.
(TSX: CHH)
$0.63 $108 $128.7 $11.3 1.3x 14.6
Average
Median
-
$875
$911
$2,730
$1,595
$157
$98
1.3x
1.0x
18.0x
14.6x
Agility Health, In.
(TSX.V: AHI)
$0.09 $9.9 $63.0 $3.6 0.3x 4.89x
15
Growth Strategy
Same Clinic
Improvements
✓ Expand referral volume,
enhance clinician
efficiencies
✓ Promote cross-selling of
products and services
✓ Move back office functions
from clinics to corporate
✓ Perform staffing
optimization
De Novo Clinic
Expansion
✓ Increase de novo clinic
development over next 5
years
✓ Build market density by
clustering new clinics
✓ New clinician partnerships
New Hospital
Contracts
✓ Secure new hospital
contracts in existing/new
markets
✓ Explore additional
contracts within current
hospital network
New LTC
Contracts
✓ Leverage reputation/scope
to add new customers
✓ Explore new markets
requiring LTC services
Expanded Sales
Platform
✓ Develop and contract
bundled services offerings
(US)
✓ Cross-sell new products
and services across clinic
network
✓ Partner - Agile RPM
Software Services
Expand Work-FitTM
Program
✓ Expand marketing program
to self-insured employers
✓ Outreach program to Third
Party Administrators
✓ Acquisition of existing
industrial clinics
16
✓ Outpatient Rehabilitation is a >US$30 billion industry - Physical Therapy
accounts for approx. 90%
✓ Highly fragmented rehabilitation services with thousands of potential targets
(N. America)
✓ Largest 50 competitors comprise less than 25% of the market
✓ Outpatient rehab is significantly less costly than
surgery/hospitalization – with similar clinical effectiveness
✓ Pursue acquisitions of small rehabilitation clinic chains on margin-accretive
basis
✓ Pursue acquisitions of pain management and foot care clinics
✓ Near-term acquisition pipeline +50% increase in EBITDA
✓ Track record of effectively acquiring and integrating clinic assets
• Agility has previously completed 8 acquisitions with combined
purchase price of US$23 million
• Allowed Agility to enter new service markets and significantly expand
its geographic footprint
Growth through Acquisition
17
Management Team
Steven Davidson, PT, MBA
Chairman, CEO
Telfer Hanson
President, Interim CFO
Gene Miyamoto
COO
Brian Potter
VP, Outpatient Clinic Ops
Michael Daray
General Counsel
Joe Laurent, MBA
VP HR, CCO
Wayne Cockburn
VP, Corp Development
• 33 years healthcare experience
• Licensed physical therapist
• 33 years healthcare
• Master in Health Services Administration
• 25 years of investment banking experience
• Specific industry focus on medical technology
• Worked with Agility since 1996
• Licensed Physical Therapist; 24 years of clinical and management experience
• Previous partner with Law Weathers
• BA from University of Michigan and JD with from University of Minnesota
• Joined Agility in 2006
• 30 years Human Resource, Compliance experience
• Previous C-level experience in medical device industry, biotech
• 33 years capital market experience, M&A, licensing, partnering and investor relations
THANK YOU
For more information, please contact:
Wayne Cockburn
VP, Corporate Development
wayne@medicholdings.com
(905) 505-0770
APPENDIX
Agility Health - Timeline
20
AGILITY HEALTH
FOUNDED
KEN SCHOLTEN
JOINS AGILITY
(1977)
FOUNDER SELLS AGILITY TO
MERCY HEALTH (1985)
STEVE DAVIDSON JOINS AGILITY
(1989)
AGILITY FORMS ADVENT JV WITH
MERCY HEALTH/ST. MARYS
HEALTH (1996)
S. DAVIDSON & K. SCHOLTEN
ACQUIRE AGILITY THROUGH
MANAGEMENT BUYOUT (2003)
ACQUIRED AMATO PT &
CONTINUUM (2010)
ACQUIRED BORDER THERAPY,
PEAK PERFORMANCE, PANTHER
PT (2011)
RECAP WITH ALARIS (2012)
GO PUBLIC : ACQUIRED WORK-
FIT & EXCEL SPORTS AND PT
(2013)
ACQUISITION OF MEDIC
HOLDINGS (2017)
1968 1973 1978 1983 1988 1993 1998 2003 2008 2013

More Related Content

What's hot

Agility Health Investor Presentation
Agility Health Investor PresentationAgility Health Investor Presentation
Agility Health Investor Presentation
AgilityHealth
 
Abt stj transaction-presentation-final
Abt stj transaction-presentation-finalAbt stj transaction-presentation-final
Abt stj transaction-presentation-final
ir_stjude
 
St. Jude Medical 2015 Annual Investor Meeting Presentation
St. Jude Medical 2015 Annual Investor Meeting PresentationSt. Jude Medical 2015 Annual Investor Meeting Presentation
St. Jude Medical 2015 Annual Investor Meeting Presentation
ir_stjude
 
2015 investor's meeting consolidated slide deck final
2015 investor's meeting consolidated slide deck final2015 investor's meeting consolidated slide deck final
2015 investor's meeting consolidated slide deck final
ir_stjude
 
2016 analyst and investor day presentation
2016 analyst and investor day presentation2016 analyst and investor day presentation
2016 analyst and investor day presentation
ir_stjude
 
Infinity DBS System
Infinity DBS SystemInfinity DBS System
Infinity DBS System
David Drew MSci
 
American CareSource Holdings, Inc. - IR Presentation
American CareSource Holdings, Inc. - IR PresentationAmerican CareSource Holdings, Inc. - IR Presentation
American CareSource Holdings, Inc. - IR Presentation
RedChip Companies, Inc.
 
Stj 2016 analyst and investor day presentation v2
Stj 2016 analyst and investor day presentation v2Stj 2016 analyst and investor day presentation v2
Stj 2016 analyst and investor day presentation v2
ir_stjude
 
Edwards Lifesciences Presentation
Edwards Lifesciences PresentationEdwards Lifesciences Presentation
Edwards Lifesciences Presentation
Tammy Perry
 
2016 analyst and investor meeting presentation
2016 analyst and investor meeting presentation2016 analyst and investor meeting presentation
2016 analyst and investor meeting presentation
ir_stjude
 
American CareSource Holdings
American CareSource HoldingsAmerican CareSource Holdings
American CareSource Holdings
RedChip Companies, Inc.
 
J.P. Morgan 33rd Annual Healthcare Conference Presentation 2015
J.P. Morgan 33rd Annual Healthcare Conference Presentation 2015J.P. Morgan 33rd Annual Healthcare Conference Presentation 2015
J.P. Morgan 33rd Annual Healthcare Conference Presentation 2015
ir_stjude
 
Ir deck 8816 final
Ir deck 8816 finalIr deck 8816 final
Ir deck 8816 final
IRNobilisHealth
 
Nobilis health ir_deck_nov final
Nobilis health ir_deck_nov finalNobilis health ir_deck_nov final
Nobilis health ir_deck_nov final
IRNobilisHealth
 
Credit suisse-presentation-nov-8-final
Credit suisse-presentation-nov-8-finalCredit suisse-presentation-nov-8-final
Credit suisse-presentation-nov-8-final
Cardinal_Health
 
2014 Investor Day Conference
2014 Investor Day Conference2014 Investor Day Conference
2014 Investor Day Conference
ir_stjude
 
Stryker Financial Analysis
Stryker Financial AnalysisStryker Financial Analysis
Stryker Financial Analysis
Joseph Gallinatti
 
CHC Finance: Finance 101
CHC Finance: Finance 101CHC Finance: Finance 101
CHC Finance: Finance 101
Phillip Bergquist - MPCA
 
Ameh 201507
Ameh 201507Ameh 201507
McKesson and Cardinal Health Comparative Analysis
McKesson and Cardinal Health Comparative AnalysisMcKesson and Cardinal Health Comparative Analysis
McKesson and Cardinal Health Comparative Analysis
Jorge Santillan
 

What's hot (20)

Agility Health Investor Presentation
Agility Health Investor PresentationAgility Health Investor Presentation
Agility Health Investor Presentation
 
Abt stj transaction-presentation-final
Abt stj transaction-presentation-finalAbt stj transaction-presentation-final
Abt stj transaction-presentation-final
 
St. Jude Medical 2015 Annual Investor Meeting Presentation
St. Jude Medical 2015 Annual Investor Meeting PresentationSt. Jude Medical 2015 Annual Investor Meeting Presentation
St. Jude Medical 2015 Annual Investor Meeting Presentation
 
2015 investor's meeting consolidated slide deck final
2015 investor's meeting consolidated slide deck final2015 investor's meeting consolidated slide deck final
2015 investor's meeting consolidated slide deck final
 
2016 analyst and investor day presentation
2016 analyst and investor day presentation2016 analyst and investor day presentation
2016 analyst and investor day presentation
 
Infinity DBS System
Infinity DBS SystemInfinity DBS System
Infinity DBS System
 
American CareSource Holdings, Inc. - IR Presentation
American CareSource Holdings, Inc. - IR PresentationAmerican CareSource Holdings, Inc. - IR Presentation
American CareSource Holdings, Inc. - IR Presentation
 
Stj 2016 analyst and investor day presentation v2
Stj 2016 analyst and investor day presentation v2Stj 2016 analyst and investor day presentation v2
Stj 2016 analyst and investor day presentation v2
 
Edwards Lifesciences Presentation
Edwards Lifesciences PresentationEdwards Lifesciences Presentation
Edwards Lifesciences Presentation
 
2016 analyst and investor meeting presentation
2016 analyst and investor meeting presentation2016 analyst and investor meeting presentation
2016 analyst and investor meeting presentation
 
American CareSource Holdings
American CareSource HoldingsAmerican CareSource Holdings
American CareSource Holdings
 
J.P. Morgan 33rd Annual Healthcare Conference Presentation 2015
J.P. Morgan 33rd Annual Healthcare Conference Presentation 2015J.P. Morgan 33rd Annual Healthcare Conference Presentation 2015
J.P. Morgan 33rd Annual Healthcare Conference Presentation 2015
 
Ir deck 8816 final
Ir deck 8816 finalIr deck 8816 final
Ir deck 8816 final
 
Nobilis health ir_deck_nov final
Nobilis health ir_deck_nov finalNobilis health ir_deck_nov final
Nobilis health ir_deck_nov final
 
Credit suisse-presentation-nov-8-final
Credit suisse-presentation-nov-8-finalCredit suisse-presentation-nov-8-final
Credit suisse-presentation-nov-8-final
 
2014 Investor Day Conference
2014 Investor Day Conference2014 Investor Day Conference
2014 Investor Day Conference
 
Stryker Financial Analysis
Stryker Financial AnalysisStryker Financial Analysis
Stryker Financial Analysis
 
CHC Finance: Finance 101
CHC Finance: Finance 101CHC Finance: Finance 101
CHC Finance: Finance 101
 
Ameh 201507
Ameh 201507Ameh 201507
Ameh 201507
 
McKesson and Cardinal Health Comparative Analysis
McKesson and Cardinal Health Comparative AnalysisMcKesson and Cardinal Health Comparative Analysis
McKesson and Cardinal Health Comparative Analysis
 

Similar to Ahi deck march 2017 r3

Quality Systems Presentation 04/01/10
Quality Systems Presentation 04/01/10Quality Systems Presentation 04/01/10
Quality Systems Presentation 04/01/10
Quality Systems, Inc.
 
Challenges in Executive Compensation: Are You and Your Board Prepared?
Challenges in Executive Compensation: Are You and Your Board Prepared?Challenges in Executive Compensation: Are You and Your Board Prepared?
Challenges in Executive Compensation: Are You and Your Board Prepared?
Integrated Healthcare Strategies
 
Hot Valuation Issues for Physician Agreements
Hot Valuation Issues for Physician AgreementsHot Valuation Issues for Physician Agreements
Hot Valuation Issues for Physician Agreements
PYA, P.C.
 
Ir day final_517
Ir day final_517Ir day final_517
Ir day final_517
nobilishealthir
 
Capital-Markets HME FINAL.pptx
Capital-Markets HME FINAL.pptxCapital-Markets HME FINAL.pptx
Capital-Markets HME FINAL.pptx
Andy818353
 
How to Evaluate Emerging Healthcare Technology with Innovative Analytics
How to Evaluate Emerging Healthcare Technology with Innovative AnalyticsHow to Evaluate Emerging Healthcare Technology with Innovative Analytics
How to Evaluate Emerging Healthcare Technology with Innovative Analytics
Health Catalyst
 
Revenue Targets: Where Do You Stack Up?
Revenue Targets: Where Do You Stack Up?Revenue Targets: Where Do You Stack Up?
Revenue Targets: Where Do You Stack Up?
Kareo
 
HealthWaysBudgetTable 1. HealthWays Clinic, Monthly Expense Budge.docx
HealthWaysBudgetTable 1.  HealthWays Clinic, Monthly Expense Budge.docxHealthWaysBudgetTable 1.  HealthWays Clinic, Monthly Expense Budge.docx
HealthWaysBudgetTable 1. HealthWays Clinic, Monthly Expense Budge.docx
pooleavelina
 
Apollo investor presentation_june_2013
Apollo investor presentation_june_2013Apollo investor presentation_june_2013
Apollo investor presentation_june_2013
Warba Insurance Co Kuwait
 
Fa e bxtra v2
Fa e bxtra v2 Fa e bxtra v2
Fa e bxtra v2
Lee Tuck Wai
 
Alcidion investor presentation (March 2016)
Alcidion investor presentation (March 2016)Alcidion investor presentation (March 2016)
Alcidion investor presentation (March 2016)
Alcidion Corporation
 
Medical Facilities Corporation - December 2020
Medical Facilities Corporation - December 2020Medical Facilities Corporation - December 2020
Medical Facilities Corporation - December 2020
SharePitch
 
The Who, What, and How of Health Outcome Measures
The Who, What, and How of Health Outcome MeasuresThe Who, What, and How of Health Outcome Measures
The Who, What, and How of Health Outcome Measures
Health Catalyst
 
Comparing Healthcare Benefits in Indiana
Comparing Healthcare Benefits in IndianaComparing Healthcare Benefits in Indiana
Comparing Healthcare Benefits in Indiana
Nyhart Actuary & Employee Benefit Consultancy
 
The Top Five Insights into Healthcare Operational Outcomes Improvement
The Top Five Insights into Healthcare Operational Outcomes ImprovementThe Top Five Insights into Healthcare Operational Outcomes Improvement
The Top Five Insights into Healthcare Operational Outcomes Improvement
Health Catalyst
 
Quality Systems Presentation 040110
Quality Systems Presentation 040110Quality Systems Presentation 040110
Quality Systems Presentation 040110
Quality Systems, Inc.
 
Nhc corporate presentation july 12, 2016
Nhc corporate presentation july 12, 2016Nhc corporate presentation july 12, 2016
Nhc corporate presentation july 12, 2016
IRNobilisHealth
 
Nhc corporate presentation july 12, 2016
Nhc corporate presentation july 12, 2016Nhc corporate presentation july 12, 2016
Nhc corporate presentation july 12, 2016
IRNobilisHealth
 
Healthy Workers = Healthy Business
Healthy Workers = Healthy BusinessHealthy Workers = Healthy Business
Healthy Workers = Healthy Business
The Insurance Partnership
 
18001 industrial health and safety management
18001 industrial health and safety management18001 industrial health and safety management
18001 industrial health and safety management
Christian Silmaro
 

Similar to Ahi deck march 2017 r3 (20)

Quality Systems Presentation 04/01/10
Quality Systems Presentation 04/01/10Quality Systems Presentation 04/01/10
Quality Systems Presentation 04/01/10
 
Challenges in Executive Compensation: Are You and Your Board Prepared?
Challenges in Executive Compensation: Are You and Your Board Prepared?Challenges in Executive Compensation: Are You and Your Board Prepared?
Challenges in Executive Compensation: Are You and Your Board Prepared?
 
Hot Valuation Issues for Physician Agreements
Hot Valuation Issues for Physician AgreementsHot Valuation Issues for Physician Agreements
Hot Valuation Issues for Physician Agreements
 
Ir day final_517
Ir day final_517Ir day final_517
Ir day final_517
 
Capital-Markets HME FINAL.pptx
Capital-Markets HME FINAL.pptxCapital-Markets HME FINAL.pptx
Capital-Markets HME FINAL.pptx
 
How to Evaluate Emerging Healthcare Technology with Innovative Analytics
How to Evaluate Emerging Healthcare Technology with Innovative AnalyticsHow to Evaluate Emerging Healthcare Technology with Innovative Analytics
How to Evaluate Emerging Healthcare Technology with Innovative Analytics
 
Revenue Targets: Where Do You Stack Up?
Revenue Targets: Where Do You Stack Up?Revenue Targets: Where Do You Stack Up?
Revenue Targets: Where Do You Stack Up?
 
HealthWaysBudgetTable 1. HealthWays Clinic, Monthly Expense Budge.docx
HealthWaysBudgetTable 1.  HealthWays Clinic, Monthly Expense Budge.docxHealthWaysBudgetTable 1.  HealthWays Clinic, Monthly Expense Budge.docx
HealthWaysBudgetTable 1. HealthWays Clinic, Monthly Expense Budge.docx
 
Apollo investor presentation_june_2013
Apollo investor presentation_june_2013Apollo investor presentation_june_2013
Apollo investor presentation_june_2013
 
Fa e bxtra v2
Fa e bxtra v2 Fa e bxtra v2
Fa e bxtra v2
 
Alcidion investor presentation (March 2016)
Alcidion investor presentation (March 2016)Alcidion investor presentation (March 2016)
Alcidion investor presentation (March 2016)
 
Medical Facilities Corporation - December 2020
Medical Facilities Corporation - December 2020Medical Facilities Corporation - December 2020
Medical Facilities Corporation - December 2020
 
The Who, What, and How of Health Outcome Measures
The Who, What, and How of Health Outcome MeasuresThe Who, What, and How of Health Outcome Measures
The Who, What, and How of Health Outcome Measures
 
Comparing Healthcare Benefits in Indiana
Comparing Healthcare Benefits in IndianaComparing Healthcare Benefits in Indiana
Comparing Healthcare Benefits in Indiana
 
The Top Five Insights into Healthcare Operational Outcomes Improvement
The Top Five Insights into Healthcare Operational Outcomes ImprovementThe Top Five Insights into Healthcare Operational Outcomes Improvement
The Top Five Insights into Healthcare Operational Outcomes Improvement
 
Quality Systems Presentation 040110
Quality Systems Presentation 040110Quality Systems Presentation 040110
Quality Systems Presentation 040110
 
Nhc corporate presentation july 12, 2016
Nhc corporate presentation july 12, 2016Nhc corporate presentation july 12, 2016
Nhc corporate presentation july 12, 2016
 
Nhc corporate presentation july 12, 2016
Nhc corporate presentation july 12, 2016Nhc corporate presentation july 12, 2016
Nhc corporate presentation july 12, 2016
 
Healthy Workers = Healthy Business
Healthy Workers = Healthy BusinessHealthy Workers = Healthy Business
Healthy Workers = Healthy Business
 
18001 industrial health and safety management
18001 industrial health and safety management18001 industrial health and safety management
18001 industrial health and safety management
 

Recently uploaded

快速办理(CUBoulder毕业证书)科罗拉多大学博尔德分校毕业证录取通知书一模一样
快速办理(CUBoulder毕业证书)科罗拉多大学博尔德分校毕业证录取通知书一模一样快速办理(CUBoulder毕业证书)科罗拉多大学博尔德分校毕业证录取通知书一模一样
快速办理(CUBoulder毕业证书)科罗拉多大学博尔德分校毕业证录取通知书一模一样
f3wjr2q2
 
Osisko Gold Royalties Ltd - Corporate Presentation, June 12, 2024
Osisko Gold Royalties Ltd - Corporate Presentation, June 12, 2024Osisko Gold Royalties Ltd - Corporate Presentation, June 12, 2024
Osisko Gold Royalties Ltd - Corporate Presentation, June 12, 2024
Osisko Gold Royalties Ltd
 
ppt-namibia-worldeconomy-standardbank.ppt
ppt-namibia-worldeconomy-standardbank.pptppt-namibia-worldeconomy-standardbank.ppt
ppt-namibia-worldeconomy-standardbank.ppt
TestOrg1
 
Cyberagent_For New Investors_EN_240424.pdf
Cyberagent_For New Investors_EN_240424.pdfCyberagent_For New Investors_EN_240424.pdf
Cyberagent_For New Investors_EN_240424.pdf
CyberAgent, Inc.
 
AGM Presentation Probe June 11 Final.pdf
AGM Presentation Probe June 11 Final.pdfAGM Presentation Probe June 11 Final.pdf
AGM Presentation Probe June 11 Final.pdf
Probe Gold
 
Understanding-the-E-Way-Bill-A-Digital-Transformation-in-Logistics.pptx
Understanding-the-E-Way-Bill-A-Digital-Transformation-in-Logistics.pptxUnderstanding-the-E-Way-Bill-A-Digital-Transformation-in-Logistics.pptx
Understanding-the-E-Way-Bill-A-Digital-Transformation-in-Logistics.pptx
cosmo-soil
 
Cleades robinson:The Diplomat is Blue
Cleades robinson:The Diplomat is BlueCleades robinson:The Diplomat is Blue
Cleades robinson:The Diplomat is Blue
Cleades Robinson
 
Collective Mining | Corporate Presentation - June 2024
Collective Mining | Corporate Presentation - June 2024Collective Mining | Corporate Presentation - June 2024
Collective Mining | Corporate Presentation - June 2024
CollectiveMining1
 
Corporate Presentation Probe June 2024.pdf
Corporate Presentation Probe June 2024.pdfCorporate Presentation Probe June 2024.pdf
Corporate Presentation Probe June 2024.pdf
Probe Gold
 
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdf
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdf
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdf
SOFTTECHHUB
 
Mandalay Resouces June 2024 Investor Relations PPT
Mandalay Resouces June 2024 Investor Relations PPTMandalay Resouces June 2024 Investor Relations PPT
Mandalay Resouces June 2024 Investor Relations PPT
MandalayResources
 
UnityNet World Environment Day Abraham Project 2024 Press Release
UnityNet World Environment Day Abraham Project 2024 Press ReleaseUnityNet World Environment Day Abraham Project 2024 Press Release
UnityNet World Environment Day Abraham Project 2024 Press Release
LHelferty
 
Methanex Investor Presentation - April 2024
Methanex Investor Presentation - April 2024Methanex Investor Presentation - April 2024
Methanex Investor Presentation - April 2024
Methanex Corporation
 
Collective Mining | Corporate Presentation - June 2024
Collective Mining  | Corporate Presentation - June 2024Collective Mining  | Corporate Presentation - June 2024
Collective Mining | Corporate Presentation - June 2024
CollectiveMining1
 

Recently uploaded (14)

快速办理(CUBoulder毕业证书)科罗拉多大学博尔德分校毕业证录取通知书一模一样
快速办理(CUBoulder毕业证书)科罗拉多大学博尔德分校毕业证录取通知书一模一样快速办理(CUBoulder毕业证书)科罗拉多大学博尔德分校毕业证录取通知书一模一样
快速办理(CUBoulder毕业证书)科罗拉多大学博尔德分校毕业证录取通知书一模一样
 
Osisko Gold Royalties Ltd - Corporate Presentation, June 12, 2024
Osisko Gold Royalties Ltd - Corporate Presentation, June 12, 2024Osisko Gold Royalties Ltd - Corporate Presentation, June 12, 2024
Osisko Gold Royalties Ltd - Corporate Presentation, June 12, 2024
 
ppt-namibia-worldeconomy-standardbank.ppt
ppt-namibia-worldeconomy-standardbank.pptppt-namibia-worldeconomy-standardbank.ppt
ppt-namibia-worldeconomy-standardbank.ppt
 
Cyberagent_For New Investors_EN_240424.pdf
Cyberagent_For New Investors_EN_240424.pdfCyberagent_For New Investors_EN_240424.pdf
Cyberagent_For New Investors_EN_240424.pdf
 
AGM Presentation Probe June 11 Final.pdf
AGM Presentation Probe June 11 Final.pdfAGM Presentation Probe June 11 Final.pdf
AGM Presentation Probe June 11 Final.pdf
 
Understanding-the-E-Way-Bill-A-Digital-Transformation-in-Logistics.pptx
Understanding-the-E-Way-Bill-A-Digital-Transformation-in-Logistics.pptxUnderstanding-the-E-Way-Bill-A-Digital-Transformation-in-Logistics.pptx
Understanding-the-E-Way-Bill-A-Digital-Transformation-in-Logistics.pptx
 
Cleades robinson:The Diplomat is Blue
Cleades robinson:The Diplomat is BlueCleades robinson:The Diplomat is Blue
Cleades robinson:The Diplomat is Blue
 
Collective Mining | Corporate Presentation - June 2024
Collective Mining | Corporate Presentation - June 2024Collective Mining | Corporate Presentation - June 2024
Collective Mining | Corporate Presentation - June 2024
 
Corporate Presentation Probe June 2024.pdf
Corporate Presentation Probe June 2024.pdfCorporate Presentation Probe June 2024.pdf
Corporate Presentation Probe June 2024.pdf
 
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdf
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdf
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdf
 
Mandalay Resouces June 2024 Investor Relations PPT
Mandalay Resouces June 2024 Investor Relations PPTMandalay Resouces June 2024 Investor Relations PPT
Mandalay Resouces June 2024 Investor Relations PPT
 
UnityNet World Environment Day Abraham Project 2024 Press Release
UnityNet World Environment Day Abraham Project 2024 Press ReleaseUnityNet World Environment Day Abraham Project 2024 Press Release
UnityNet World Environment Day Abraham Project 2024 Press Release
 
Methanex Investor Presentation - April 2024
Methanex Investor Presentation - April 2024Methanex Investor Presentation - April 2024
Methanex Investor Presentation - April 2024
 
Collective Mining | Corporate Presentation - June 2024
Collective Mining  | Corporate Presentation - June 2024Collective Mining  | Corporate Presentation - June 2024
Collective Mining | Corporate Presentation - June 2024
 

Ahi deck march 2017 r3

  • 2. Safe Harbor Disclosure Certain statements contained in this presentation may be considered “forward-looking information” as defined under applicable Canadian securities laws (“forward-looking statements”). Forward- looking statements include, but are not limited to, statements made under the heading “Risk Factors” of the base shelf prospectus of Agility Health, Inc. dated May 29, 2015 and other statements concerning the objectives of Agility Health, Inc. (“Agility”), strategies to achieve those objectives, as well as statements with respect to management’s beliefs, plans, estimates, and intentions, and similar statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plans”, or “continue”, or similar expressions suggesting future outcomes or events. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those contemplated by such statements. No assurance can be given as to any such future results, levels of activity or achievements and neither Agility nor any other person assumes responsibility for the accuracy and completeness of any forward-looking statements. The factors underlying current expectations are dynamic and subject to change. All forward-looking statements in this presentation are qualified by these cautionary statements. Other than specifically required by applicable laws, Agility is under no obligation and expressly disclaims any such obligation to update or alter the forward-looking statements whether as a result of new information, future events or otherwise except as may be required by law. All reference to dollars in this presentation are to U.S. dollars, unless otherwise indicated. 2
  • 3. Who We Are Agility Health, Inc. (“Agility”) is a leading healthcare provider with a focus on physical rehabilitation services 3 ✓ Physical therapy, Occupational therapy, Athletic training, Speech therapy ✓ Growth in revenues, margins and EBITDA ✓ Large, growing industry - highly fragmented ✓ Differentiated business model ✓ Capitalize on growing demand ✓ Experienced leadership
  • 4. Physical Therapy Market Overview 4 Physical therapy is a >US$30 billion industry that is expected to grow 7% annually through 2018. ▪ Physical therapy accounts for approximately 90% of all outpatient rehabilitation spending • Highly fragmented with largest 50 competitors comprising less than 25% of the market ▪ Numerous, positive factors driving long-term growth: • Expanding patient population that provides favorable tailwinds: − Aging U.S. population − Unhealthy youth lifestyle trends − Growth in employment • Outpatient rehabilitation is significantly less costly than surgery or hospitalization, but with similar clinical effectiveness U.S. Outpatient Rehabilitation Expenditures Outpatient Rehabilitation Spending by Segment For the Years Ended and Ending December 31, 2004-2018P ($ inbillions) $0 $5 $10 $15 $20 $25 $30 $40 $45 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013E 2014P 2015P 2016P 2017P 2018P Orthopedic Physical Therapy 48% SpeechTherapy and Audiology 10% GeneralPhysical Therapy 9% $35 GeriatricPhysical Therapy 9% PediatricPhysical Therapy 8% Sportsphysical Therapy 7% Other Specialty Neurological Physical Therapy Physical Therapy 3% 6%90% Source: IBISWorld.
  • 5. Network of Service Sites ✓ 1+ million patient visits annually ✓ 1,100+ employees ✓ 145+ locations across 20 states ✓ Consolidating highly fragmented market ✓ Proprietary operating software ✓ Provides post-acute ‘rehabilitation continuum of care’ ✓ Seasoned management team ✓ Diversified portfolio: geographically and clinically 5 One of the leading providers of physical rehabilitation services in North America Provide care and treatment for orthopedic-related disorders, sports-related injuries, preventative care and occupational rehabilitation Agility Health Physical Rehabilitation Services - Overview
  • 6. 6 Hospital Services ✓ Outsourced Services ✓ Contract Terms: 1-3 Years ✓ Reimbursement: (production or time based) ✓ Physical Therapy (PT), Occupational Therapy (OT), Speech Pathology (SP), Athletic Training (AT) ✓ Good relationships Long-Term Care Services ✓ Outsourced Services ✓ Contract Terms: 1-3 Years ✓ Reimbursement: (inpatient services are time-based and outpatient production-based) ✓ PT, OT, and SP ✓ Many long-term customers Outpatient Services ✓ Owned or Partnered ✓ Free-standing; leased locations ✓ PT, OT and AT services ✓ Reimbursement: insurance and cash Industrial Services ✓ Contract Terms: 1-3 Years ✓ Reimbursement: cash from client ✓ AT prevention services ✓ Many long-term customers Agility Health Business Segments
  • 7. Long-Term Care Contract Services Outpatient Clinics Hospitals Contract Services Industrial Work-FitTM 7 Clinics/Facilities 56 Sites 31 Sites 36 Sites 25 Sites LTM Revenue(1) US$31.3 M US$5.6 M US$8.0 M US$17.4 M % LTM Revenue 50% 9% 13% 28% 1. Clinic level, financials. Agility Health Business Segments
  • 8. Agility Health Gross Charges by Payor Gross Charges by Payor 2015Gross Charges by Payor 2014
  • 9. Agility Health Financial Summary ($US) 9 2013 2014 2015 LTM Sept. 30th, 2016 (Expressed in USD) Revenue $60,527,877 $62,104,509 $62,328,991 $63,021,546 Outpatient Services $24,511,369 $28,943,806 $31,235,551 $32,296,925 % of Total Sales 40.50% 46.60% 50.11% 51.25% Hospital Services $10,562,115 $9,656,009 $8,231,790 $8,028,356 % of Total Sales 17.45% 15.55% 13.21% 12.74% Long-Term Care $24,483,526 $18,063,717 $17,246,432 $15,450,388 % of Total Sales 40.45% 29.09% 27.67% 24.52% Industrial Services $953,919 $5,416,755 $5,603,376 $7,087,289 % of Total Sales 1.58% 8.72% 8.99% 11.25% Administrative $13,292 $22,109 $10,970 $158,588 % of Total Sales 0.02% 0.04% 0.02% 0.25% Cost of Revenues Salaries and Benefits $41,302,131 $40,837,396 $40,093,117 $41,392,307 Contract Labor $1,067,679 $802,113 $1,018,142 $885,340 Facility $3,457,499 $3,424,663 $3,895,123 $4,118,466 Supplies $798,147 $891,292 $802,671 $808,927 Depreciation and Amortization $768,401 $726,829 $692,741 $655,705 Provision for Bed Debts $1,077,803 $464,763 $770,408 $932,038 Other $1,339,330 $1,424,005 $1,328,860 $1,419,535 Total Cost of Revenues $49,810,990 $48,571,061 $48,601,062 $50,212,318 Gross Profit $10,716,887 $13,533,448 $13,727,929 $12,809,228 % of Total Sales 17.71% 21.79% 22.02% 20.33% SG&A $12,571,612 $14,313,511 $11,682,170 $11,789,733 Clinic Level EBITDA $10,531,851 $10,930,394 $12,278,811 $9,660,275 % of Total Sales 17.40% 17.60% 19.70% 15.33% Outpatient Services $5,036,963 $5,222,542 $5,640,146 $4,950,828 % of Total Sales 47.83% 47.78% 45.93% 51.25% Hospital Services $2,547,655 $2,532,572 $2,192,750 $2,008,985 % of Total Sales 24.19% 23.17% 17.86% 20.80% Long-Term Care $2,770,930 $2,221,056 $2,098,817 $1,582,638 % of Total Sales 26.31% 20.32% 17.09% 16.38% Industrial Services $176,198 $954,114 $943,013 $1,117,824 % of Total Sales 1.67% 8.73% 7.68% 11.57%
  • 10. Medic Holdings Acquisition 10 ✓ February 2017 - acquisition of Medic Holdings by way of share exchange ✓ Medic 2016 revenues ~ CDN$16 million ✓ EBITDA ~ CDN$1.4 million ✓ Medic becomes wholly-owned subsidiary of Agility - shareholders of Medic owning (fully-diluted) ~ 20% of Agility common shares post-transaction ✓ Restructuring of balance sheet underway - improve cash flow, EPS ✓ Significant expansion of orthotics business unit ✓ Added depth to management team and Board - healthcare, operations, M&A, capital markets (combined +60 years)
  • 11. 11 • Canadian business unit focusing on outpatient orthotics/foot care • Orthotic and prosthetic manufacturing capabilities • 12 foot care clinics in Ontario and Quebec • Employs approximately 120+ people; headquartered in Oakville, Ontario • Orthotic manufacturing in Hamilton, Ontario (Ontario Orthotic Lab) • Production of more than 60,000 pairs of orthotics per year • Prosthetics manufacturing in Montreal • >60 employees in manufacturing Manufacturing • 12 foot care clinics in Southern Ontario and Montreal region • One of the largest operators of foot care clinics in Canada Clinics Medic Holdings Orthotics - Overview
  • 12. 12 Ontario Orthotic Lab • Manufactures arch supports (orthotics) • 40 plant employees • ~3,000 pairs of orthotics on back order Product Offerings: ✓ Custom-manufactured, prescription orthotic devices for dress, athletic, casual or diabetic footwear (compatible with Adidas, Nike, Rockport, Drew, Asics and NAOT) ✓ Wide variety of compression hosiery styles and brands ✓ Functional electrical stimulation (FES), prosthetics, T.E.N.S pain management, home health care and mobility aids Medic Holdings Business Segments Slawner Orthotics • Leader in field of orthotics and prosthetics • Over 60 years of service history • Multiple locations around Montreal; serves multiple hospitals Product Offerings: ✓ Comfort shoes ✓ Foot orthotics ✓ Functional electrical stimulation (FES), compression therapy, T.E.N.S. pain management, home care and mobility aids
  • 13. Highlights 13 Broad Diversified Footprint ✓ Expands clinic network into Canada/orthotics ✓ Diversified revenue by state/province, payers and business line ✓ Reduced reimbursement risk/contract reliance Strengthened/Expanded Management and Governance ✓ Business development, M&A/financial, capital markets ✓ Scalable leadership/back office teams ✓ Added skills to Board Capital Market Profile ✓ Increased revenue/EBITDA scale ✓ Positive cash flow impacts from improved balance sheet ✓ Uplist to TSX: potential US listing Scalable Growth Platform ✓ Fully-invested back office infrastructure enables M&A efficiency ✓ Visible, near-term acquisition pipeline ✓ Pipeline impact +50% increase in EBITDA CDN$96.5M TTM Revenue CDN$8.3M TTM EBITDA 6.7X EV/TTM EBITDA 164 Clinic Sites US/Canada
  • 14. Comparable Public Companies * (Canadian and US w/ Rehabilitation) 14 * All figures in $US ** Prices effective February 17, 2017 Company Name (Exchange: Ticker) Price ** Market Value (MM) Revenue (MM - TTM) EBITDA (MM - TTM) Enterprise Value/ Revenue Enterprise Value/ EBITDA US Physical Therapy, Inc. (NYSE: USPH) $74.65 $927 $352 $60 2.9x 16.9x Select Medical Holdings Corp. (NYSE: SEM) $12.70 $1,770 $4,279 $493 1.0x 8.9x Kindred Healthcare, Inc. (NASDAQ: GTIV) $7.05 $627 $7,255 $98 0.5x 39.9x Ensign Group, Inc. (NASDAQ: ENSG) $18.05 $916 $1,595 $119 0.7x 9.6x Centric Health Corp. (TSX: CHH) $0.63 $108 $128.7 $11.3 1.3x 14.6 Average Median - $875 $911 $2,730 $1,595 $157 $98 1.3x 1.0x 18.0x 14.6x Agility Health, In. (TSX.V: AHI) $0.09 $9.9 $63.0 $3.6 0.3x 4.89x
  • 15. 15 Growth Strategy Same Clinic Improvements ✓ Expand referral volume, enhance clinician efficiencies ✓ Promote cross-selling of products and services ✓ Move back office functions from clinics to corporate ✓ Perform staffing optimization De Novo Clinic Expansion ✓ Increase de novo clinic development over next 5 years ✓ Build market density by clustering new clinics ✓ New clinician partnerships New Hospital Contracts ✓ Secure new hospital contracts in existing/new markets ✓ Explore additional contracts within current hospital network New LTC Contracts ✓ Leverage reputation/scope to add new customers ✓ Explore new markets requiring LTC services Expanded Sales Platform ✓ Develop and contract bundled services offerings (US) ✓ Cross-sell new products and services across clinic network ✓ Partner - Agile RPM Software Services Expand Work-FitTM Program ✓ Expand marketing program to self-insured employers ✓ Outreach program to Third Party Administrators ✓ Acquisition of existing industrial clinics
  • 16. 16 ✓ Outpatient Rehabilitation is a >US$30 billion industry - Physical Therapy accounts for approx. 90% ✓ Highly fragmented rehabilitation services with thousands of potential targets (N. America) ✓ Largest 50 competitors comprise less than 25% of the market ✓ Outpatient rehab is significantly less costly than surgery/hospitalization – with similar clinical effectiveness ✓ Pursue acquisitions of small rehabilitation clinic chains on margin-accretive basis ✓ Pursue acquisitions of pain management and foot care clinics ✓ Near-term acquisition pipeline +50% increase in EBITDA ✓ Track record of effectively acquiring and integrating clinic assets • Agility has previously completed 8 acquisitions with combined purchase price of US$23 million • Allowed Agility to enter new service markets and significantly expand its geographic footprint Growth through Acquisition
  • 17. 17 Management Team Steven Davidson, PT, MBA Chairman, CEO Telfer Hanson President, Interim CFO Gene Miyamoto COO Brian Potter VP, Outpatient Clinic Ops Michael Daray General Counsel Joe Laurent, MBA VP HR, CCO Wayne Cockburn VP, Corp Development • 33 years healthcare experience • Licensed physical therapist • 33 years healthcare • Master in Health Services Administration • 25 years of investment banking experience • Specific industry focus on medical technology • Worked with Agility since 1996 • Licensed Physical Therapist; 24 years of clinical and management experience • Previous partner with Law Weathers • BA from University of Michigan and JD with from University of Minnesota • Joined Agility in 2006 • 30 years Human Resource, Compliance experience • Previous C-level experience in medical device industry, biotech • 33 years capital market experience, M&A, licensing, partnering and investor relations
  • 18. THANK YOU For more information, please contact: Wayne Cockburn VP, Corporate Development wayne@medicholdings.com (905) 505-0770
  • 20. Agility Health - Timeline 20 AGILITY HEALTH FOUNDED KEN SCHOLTEN JOINS AGILITY (1977) FOUNDER SELLS AGILITY TO MERCY HEALTH (1985) STEVE DAVIDSON JOINS AGILITY (1989) AGILITY FORMS ADVENT JV WITH MERCY HEALTH/ST. MARYS HEALTH (1996) S. DAVIDSON & K. SCHOLTEN ACQUIRE AGILITY THROUGH MANAGEMENT BUYOUT (2003) ACQUIRED AMATO PT & CONTINUUM (2010) ACQUIRED BORDER THERAPY, PEAK PERFORMANCE, PANTHER PT (2011) RECAP WITH ALARIS (2012) GO PUBLIC : ACQUIRED WORK- FIT & EXCEL SPORTS AND PT (2013) ACQUISITION OF MEDIC HOLDINGS (2017) 1968 1973 1978 1983 1988 1993 1998 2003 2008 2013