Investors
Vertically Integrated Health Care Network
Empowering patients with the care, resources, technology and tools that they require to live a more fulfilled life.
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NeuPath owns and operates a network of 14 clinics across Canada that deliver category-leading treatment for chronic pain, as well as spinal injuries, sports-related injuries, and concussions. NeuPath's blended care model combines virtual care with-in person visits.
Chronic Pain impacts the lives of 1 of 4 Canadians every day.
Chronic pain is a complex condition driven by a number of biological, behavioural / psychological, and social factors. As a result, treatment plans developed by NeuPath’s licensed healthcare providers are multimodal and designed to address as many of these factors as possible.
Learn more about Chronic Pain-
14 Clinics across Canada
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140,000+ annual patient visits
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$57M Annual Revenue Run Rate
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120+ Licensed Health Care Providers
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Interdisciplinary Care
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Proprietary remote pain management technology
Our History
May 2017
- NeuPath founded
- Acquired group of 9 clinics
Feb 2018
- Acquired group of 3 clinics
- Largest chronic pain network in Canada
July 2020
- Started traded on TSX Venture
- Ticker is NPTH
Nov 2020
- Closed oversubscribed $12.0 million bought deal financing
Feb 2021
- Closed oversubscribed $12.0 million bought deal financing
Aug 2021
- Reported 10ᵗʰ consecutive quarter of positive Adjusted EBITDA
- Acquired KumoCare
Nov 2021
- Announced agreement to open 2nd Alberta clinic in partnership with orthopedics group
Growth Strategy
- Increase capacity utilization from 62% in existing clinics. Add services, onboard new doctors, and improve patient throughput.
- Continue to build out national network by acquiring and building new clinics. National network is critical to rollout of employer health program.
- Release remote pain management technology to market. Monetize by working with employers to reduce direct health care costs and costs associated with lost productivity due to musculoskeletal pain.
- Enter US Market. Remote pain management technology is a good entry strategy. Acquire clinics in order to be able to offer blended care.
![Screen Shot 2022-02-15 at 1.04.20 PM](https://f.hubspotusercontent30.net/hubfs/19628030/Screen%20Shot%202022-02-15%20at%201.04.20%20PM.png)
Leadership Team
Joseph Walewicz
Chief Executive OfficerJeff Zygouras CPA, CA
Chief Financial OfficerBjorn Thies
Vice President People And CultureDenise Hill
Vice President Western CanadaChronic Pain impacts 1 in 4 adults in Canada & 1 in 5 adults in the US.
Costs up to $635B annually in the US & $43B in Canada • Leading cause of disability worldwide