Syncordia Technologies and Healthcare Solutions, Corp. Announces CFO Resignation Due to Geographical Relocation

TORONTO, Aug. 18, 2016 /CNW/ - Syncordia Technologies and Healthcare Solutions, Corp. (TSXV: SYN) ("Syncordia" or the "Company") today announced that the Company's Chief Financial Officer and Corporate Secretary Lawrence E. Davis, will be departing August 19^th 2016.

Michael Franks CEO of Syncordia says "We certainly appreciate Lawrence's leadership and contribution to Syncordia during his tenure". "Lawrence has put together a solid financial team, drove improvements in our reporting infrastructure and played an instrumental role in our go public transaction. While we are sad to see him go, we do wish him continued success. Syncordia is proceeding with its process to identify a successor to Mr. Davis.

About Syncordia Technologies and Healthcare Solutions, Corp.
We are a technology enhanced revenue cycle management ("RCM") company focused on underserved niche segments of the healthcare industry. We are building a diversified software and services business by consolidating healthcare billing providers. Our growth strategy is to acquire RCM businesses with and without software and, improve their profitability by increasing revenues and operating efficiencies using our software, and in time, commercializing the Syncordia Cloud, our cloud-based software offering, to provide customer demanded turn-key solutions from a single provider and to address compelling RCM market opportunities. 

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.

SOURCE Syncordia Technologies and Healthcare Solutions, Corp.

For further information: Michael Franks, Chief Executive Officer, [phone], [e-mail]