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Jack Nathan Health® Opens New Hybrid Medical Walk-in Clinic, Kelowna, BC, Inside Walmart

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Jack Nathan Medical Corp. (TSXV:JNH) (“Jack Nathan Health” “JNH” or the “Company”) a provider of primary care medical clinics located in Walmart® Supercentres under the Jack Nathan Health® brand, today announced the opening of a new multi-disciplinary medical centre in Kelowna, BC. The Company has 76 clinics nationally including 18 clinics in British Columbia, with their next clinic opening in Thornhill, Ontario later this month.

The clinic, located in the Walmart Supercentre at 1555 Banks Road in Kelowna, will offer family medicine and walk-in services to patients seven days a week. Patients will be seen in person through family physician or via in-clinic telemedicine powered by the Company’s Telemedicine partner.

5 million Canadians do not have regular access to a doctor¹, and that lack of accessibility results in oversaturated ERs. Jack Nathan Health, is helping resolve this through its installation of medical clinics in Walmarts in high-density areas across Canada, as well as providing telemedicine and remote patient care through its virtual platform in response to the Coronavirus pandemic.

JNH is incorporating ancillary medical services and digital strategies to drive patient engagement and convenience.

In response to the Coronavirus pandemic, the Company accelerated the launch of its virtual platform offering patient care remotely and moved up its launch of telemedicine services, making the technology available to all service providers in the Jack Nathan Health network.

George Barakat, CEO of Jack Nathan Health, said, “Our Multi-disciplinary medical centres are designed to offer a broader range of virtual telemedicine and allied health services offering patients “one-stop” convenience and a more holistic approach to their overall care.”

The location in Walmart® offers patients convenient local access to an onsite pharmacy, as well as grocery shopping and other essential household goods. Medical patients will be able to meet with clinic staff, register to see a doctor, and shop while they wait.

These new larger format clinics are intended to offer a broader range of services. Other services offered across our family of clinics range from; physiotherapy, chiropractic, foot care, weight loss, dietician, diagnostic and lab services, all under one roof. With this opening, the Company will have 76 clinics in six Canadian provinces, including British Colombia, Alberta, Saskatchewan, Manitoba, Ontario, and Quebec.

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 76 Walmart locations across Canada including British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec, as well as six locations in Mexico.

For more information, visit www.jacknathanhealth.com or www.sedar.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is 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 Covid19 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.

¹ Source: Statistics Canada 2016

View source version on businesswire.com: https://www.businesswire.com/news/home/20201008005943/en/

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