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Alberta Health Services company logo
Corporation
HEALTHCARE | Medical Facilities & Services
albertahealthservices.ca

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Investments

1

Portfolio Exits

1

Partners & Customers

3

About Alberta Health Services

Alberta Health Services (AHS) is a fully-integrated health system responsible for delivering health services to the over four million people living in Alberta, as well as to some residents of Saskatchewan, B.C. and the Northwest Territories.

Alberta Health Services Headquarter Location

Seventh Street Plaza, 14th Floor, North Tower 10030 – 107 Street NW

Edmonton, Alberta, T5J 3E4,

Canada

780-342-2000

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Alberta Health Services Web Traffic

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Research containing Alberta Health Services

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CB Insights Intelligence Analysts have mentioned Alberta Health Services in 1 CB Insights research brief, most recently on Jun 17, 2021.

Latest Alberta Health Services News

Alberta may have to activate triage system for critical-care patients amid rise in COVID-19 patients

Sep 23, 2021

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer JASON FRANSON/The Globe and Mail More than 1,000 patients are being treated for COVID-19 in Alberta hospitals, pushing the province closer to the possibility of having to activate a triage system for critical-care patients. The situation prompted the Alberta government to request federal help earlier this week to airlift patients out of the province. Premier Jason Kenney also replaced the health minister amid growing criticism over his government’s handling of the pandemic. Hospitals across the province are being pushed to the brink, with ICU surge capacity nearing the 90-per-cent threshold at which Alberta Health Services may activate the critical-care triage protocol. The province has been creating surge beds and is requesting outside help to prevent that scenario. Story continues below advertisement “We’re all anxiously keeping our eye on the daily numbers,” said Ilan Schwartz, an infectious disease physician at the University of Alberta Hospital in Edmonton. “We’re just hoping and praying we don’t get [to the protocol].” On Wednesday, Alberta had 1,040 COVID-19 patients in hospital – the highest number recorded during the pandemic – including 230 in critical care. It has the country’s highest rate of COVID-19 patients in hospital, at 23.5 per 100,000, with Saskatchewan following close behind at 22.5 per 100,000. Under Phase 1 of the protocol, only patients with a greater than 20-per-cent probability of surviving the next year would be eligible for critical care. Under Phase 2, which could be activated at 95-per-cent occupancy, only adults with a greater than 50-per-cent probability would be eligible. Officials would also consider pediatric triage at this stage. ICU surge capacity was at 87 per cent on Wednesday, according to Alberta Health Services spokesperson Kerry Williamson. The province has created 41 ICU surge spaces in the past week, including 13 since Tuesday afternoon, he said. The province’s ICUs are overrun and many patients are being treated in makeshift critical-care beds that have been set up in other hospital wards, Dr. Schwartz said. The continuing crisis makes it difficult to provide the same level of care critical patients would normally receive, he said. For instance, critical-care patients typically have a nurse solely focused on them, but during the fourth wave, nurses are treating multiple patients at a time. “We’re providing a level of respiratory support, we’re administering drugs that would not typically be considered safe to administer outside of an ICU setting where there’s one-to-one nursing,” Dr. Schwartz said. Story continues below advertisement Alberta has also requested help from other provinces. Mr. Williamson said he could not provide any details, but Ontario Health Minister Christine Elliott confirmed that her province would be assisting, likely by accepting critical-care patients. B.C. and Saskatchewan have both said they do not have the capacity or resources to help out. Quebec said it is experiencing its own staffing shortages but could potentially assist with some urgent cardiac surgeries. Mr. Williamson said the province is working to avoid a triage protocol situation, but that health care staff are being educated on the details just in case. The protocol “will only be implemented if all other efforts at creating additional capacity have been exhausted,” he wrote. Shazma Mithani, an emergency room physician in Edmonton, said the current situation is unsustainable and that without further action to reduce transmission, the crisis will worsen. “It is a dire situation,” Dr. Mithani said. “We’re seeing our ICUs will fill up very rapidly.” This summer Alberta lifted all public-health restrictions related to COVID-19. The province recently reinstated some and introduced a voluntary vaccine-passport program to address the surge in infections and hospitalizations. Story continues below advertisement But Dr. Mithani said the measures don’t appear to be strong enough to make enough of a dent in the fourth wave. For instance, she said, under the vaccine-passport program, people can either show proof of vaccination or a negative COVID-19 test taken within 72 hours to gain entry to a restaurant, gym or concert venue. But a person who tests negative could become positive the next day, Dr. Mithani said, meaning they could still spread COVID-19 to others around them. “We can’t continue to have this degree of transmission. It’s unsustainable,” she said. Meanwhile, Saskatchewan is experiencing the “largest test our health care system has faced since the pandemic began,” Saskatchewan Health Authority chief executive officer Scott Livingstone said, pushing the province to activate the second phase of its surge plans. Critical-care capacity has increased to 175 beds – up from 130, and a baseline of 79 – to accommodate an updated projection of 125 COVID ICU patients, up from a projection of 80 just one week earlier, according to the province’s health authority. Beds for non-ICU patients have also increased to 350, up from 255. Non-urgent surgeries are being postponed until at least the end of October as staff are redeployed across the province, and a unspecified number of patients are being transferred to hospitals that may not be closest to home. As of Wednesday, Saskatchewan had 265 COVID-19 patients in hospital, including 54 in critical care. Of the 265 patients, 201 (75.8 per cent) were not fully vaccinated. Story continues below advertisement We have a weekly Western Canada newsletter written by our B.C. and Alberta bureau chiefs, providing a comprehensive package of the news you need to know about the region and its place in the issues facing Canada. Sign up today . Your Globe

Alberta Health Services Investments

1 Investments

Alberta Health Services has made 1 investments. Their latest investment was in Spartan Bioscience as part of their Grant on April 4, 2020.

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Alberta Health Services Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/1/2020

Grant

Spartan Bioscience

$6.68M

Yes

1

Date

4/1/2020

Round

Grant

Company

Spartan Bioscience

Amount

$6.68M

New?

Yes

Co-Investors

Sources

1

Alberta Health Services Portfolio Exits

1 Portfolio Exit

Alberta Health Services has 1 portfolio exit. Their latest portfolio exit was Spartan Bioscience on September 08, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/8/2021

Acq - Fin

1

Date

9/8/2021

Exit

Acq - Fin

Companies

Valuation

Acquirer

Sources

1

Alberta Health Services Partners & Customers

3 Partners and customers

Alberta Health Services has 3 strategic partners and customers. Alberta Health Services recently partnered with Forest Devices on June 6, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

6/30/2020

Partner

Forest Devices

United States

Forest Devices Launches Collaboration with Alberta Health Services

Forest Devices , Inc. CEO and Co-founder , Matt Kesinger , added `` The partnership between AHS and Forest Devices , Inc. has created an exciting opportunity to expand and accelerate the development and deployment of our innovative stroke diagnostic technology .

6

7/18/2019

Vendor

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10

6/4/2015

Vendor

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10

Date

6/30/2020

7/18/2019

6/4/2015

Type

Partner

Vendor

Vendor

Business Partner

Forest Devices

Country

United States

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News Snippet

Forest Devices Launches Collaboration with Alberta Health Services

Forest Devices , Inc. CEO and Co-founder , Matt Kesinger , added `` The partnership between AHS and Forest Devices , Inc. has created an exciting opportunity to expand and accelerate the development and deployment of our innovative stroke diagnostic technology .

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Sources

6

10

10

Alberta Health Services Team

12 Team Members

Alberta Health Services has 12 team members, including current Chief Executive Officer, President, Verna Yiu.

Name

Work History

Title

Status

Verna Yiu

Chief Executive Officer, President

Current

Colleen Purdy CPA CMA

Chief Financial Officer

Current

Steven Turner

Chief Information Officer

Current

Rollie Nichol

Chief Medical Officer

Current

David O Brien

Senior Vice President

Current

Name

Verna Yiu

Colleen Purdy CPA CMA

Steven Turner

Rollie Nichol

David O Brien

Work History

Title

Chief Executive Officer, President

Chief Financial Officer

Chief Information Officer

Chief Medical Officer

Senior Vice President

Status

Current

Current

Current

Current

Current

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