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Novo Integrated Sciences Inc's Business Segments
Novo Integrated Sciences Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Reportable Segments
3
Largest Segment
Health Care Services
Total Revenue
$ 13
Regions Reported
-
Annual Results
Revenue Share by Reportable Segment - FY2024
- Health Care Services65.1%
- Product Sales38.6%
- Corporate0.6%
Revenue by Reportable Segment - FY2024
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Health Care Services | $ 8 | 65.1% |
| Product Sales | $ 5 | 38.6% |
| Corporate | $ 0 | 0.6% |
Description of Novo Integrated Sciences Inc
Novo Integrated Sciences Inc (Novo), formerly known as Novo Healthnet Limited, is a healthcare services and technology company based in Vancouver, British Columbia, Canada. It was founded in 2003 by Dr. Stanley T. Kim and is publicly traded on the TSX Venture Exchange under the ticker symbol NVX.
Novo operates as a multi-disciplinary healthcare provider with a focus on injury care management, addiction medicine, dentistry, orthopedics, physiotherapy, rehabilitation, and mental health services. The company aims to deliver integrated healthcare solutions by leveraging its extensive network of healthcare professionals, advanced technology platforms, and strategic partnerships.
Novo's services are primarily provided through its subsidiaries and clinics located across Canada and the United States. The company's main subsidiaries include Novo Healthnet Rehab Limited, Novo Healthnet Kemptville Professional Corp, and Novo Healthnet Ocho Rios Limited.
Novo Healthnet Rehab Limited is one of the leading providers of assessment and treatment services for individuals dealing with injuries related to motor vehicle accidents, workplace incidents, and other personal injuries. The subsidiary operates a network of rehabilitation clinics offering customized treatment plans including physiotherapy, chiropractic care, massage therapy, psychological counseling, and medical assessments.
Novo Healthnet Kemptville Professional Corp focuses on addiction medicine and mental health services. This subsidiary provides evidence-based addiction treatment programs, including detoxification, counseling, group therapy, relapse prevention, and community support programs. It also offers mental health services such as psychiatric consultations, cognitive-behavioral therapy, and various counseling therapies.
Novo Healthnet Ocho Rios Limited is a dental clinic offering oral surgery, cosmetic dentistry, dental implants, and general dentistry services. The clinic is equipped with advanced technology and modern facilities to provide comprehensive dental care to its patients.
In addition to its subsidiary operations, Novo has also developed a proprietary software platform called NovoClinic. This technology platform is designed to streamline and enhance the management of healthcare processes, including appointment scheduling, patient records, billing, and reporting. NovoClinic aims to improve efficiency, reduce administrative costs, and enable better patient care through seamless integration and data analysis.
Novo's business strategy focuses on organic growth, expansion through acquisitions, and partnerships with healthcare providers and insurance companies. The company aims to become a leader in the provision of integrated healthcare services, offering a one-stop solution for patients' various healthcare needs.
In summary, Novo Integrated Sciences Inc is a healthcare services and technology company that provides integrated care management, addiction medicine, dental, orthopedic, physiotherapy, rehabilitation, and mental health services. With its network of clinics, strategic partnerships, and proprietary software platform, Novo aims to deliver comprehensive and efficient healthcare solutions to its patients.
Novo operates as a multi-disciplinary healthcare provider with a focus on injury care management, addiction medicine, dentistry, orthopedics, physiotherapy, rehabilitation, and mental health services. The company aims to deliver integrated healthcare solutions by leveraging its extensive network of healthcare professionals, advanced technology platforms, and strategic partnerships.
Novo's services are primarily provided through its subsidiaries and clinics located across Canada and the United States. The company's main subsidiaries include Novo Healthnet Rehab Limited, Novo Healthnet Kemptville Professional Corp, and Novo Healthnet Ocho Rios Limited.
Novo Healthnet Rehab Limited is one of the leading providers of assessment and treatment services for individuals dealing with injuries related to motor vehicle accidents, workplace incidents, and other personal injuries. The subsidiary operates a network of rehabilitation clinics offering customized treatment plans including physiotherapy, chiropractic care, massage therapy, psychological counseling, and medical assessments.
Novo Healthnet Kemptville Professional Corp focuses on addiction medicine and mental health services. This subsidiary provides evidence-based addiction treatment programs, including detoxification, counseling, group therapy, relapse prevention, and community support programs. It also offers mental health services such as psychiatric consultations, cognitive-behavioral therapy, and various counseling therapies.
Novo Healthnet Ocho Rios Limited is a dental clinic offering oral surgery, cosmetic dentistry, dental implants, and general dentistry services. The clinic is equipped with advanced technology and modern facilities to provide comprehensive dental care to its patients.
In addition to its subsidiary operations, Novo has also developed a proprietary software platform called NovoClinic. This technology platform is designed to streamline and enhance the management of healthcare processes, including appointment scheduling, patient records, billing, and reporting. NovoClinic aims to improve efficiency, reduce administrative costs, and enable better patient care through seamless integration and data analysis.
Novo's business strategy focuses on organic growth, expansion through acquisitions, and partnerships with healthcare providers and insurance companies. The company aims to become a leader in the provision of integrated healthcare services, offering a one-stop solution for patients' various healthcare needs.
In summary, Novo Integrated Sciences Inc is a healthcare services and technology company that provides integrated care management, addiction medicine, dental, orthopedic, physiotherapy, rehabilitation, and mental health services. With its network of clinics, strategic partnerships, and proprietary software platform, Novo aims to deliver comprehensive and efficient healthcare solutions to its patients.