AIM HEALTH GROUP INC. REPORTS SEPTEMBER, 2010 FINANCIAL RESULTS:

TORONTO, Nov. 10 /CNW/ -- 
Third quarter generated more than $1 million of EBITDA


Highlights


    --  12% Revenue Growth quarter-over-quarter from prior year;
    --  Seventh consecutive quarter of positive cash flow (EBITDA)
        momentum since the acquisition of Med-Emerg International in
        early 2008;
    --  Continued expansion of services and clinical professionals,
        building on our vision of creating a truly integrated Canadian
        HealthCare Company;
    --  Assisted Ontario Hospitals in the summer staffing crisis by
        recruitment of doctors and continued to assist government in
        resolving difficulties of medical service delivery in Ontario,
        particularly in the area of Pain management; and
    --  Launched new contract with a department of the federal
        government. This supported the addition of 43 new partner sites
        in the quarter.



TORONTO, Nov. 10 /CNW/ - AIM Health Group Inc. ("AIM" or the "Company")
 (TSXV - AHG), a fully integrated health care company, announced today
 that its EBITDA(1) increased 23% to $1,121,184 for the three month period ended September
 30, 2010 from $910,733 in the same period in 2009. Net income for the
 three month period was $599,884 compared to $633,198 in the same period
 in 2009. Net income did not keep pace with the increase in EBITDA
 because of increased non-cash accretion expenses and a one-time
 adjustment to amortization in 2009, causing an unusually low charge for
 the three month period ended September 30, 2009. The Company also
 announced that revenues increased to $14,708,397 from $13,143,520 for
 the same period in 2009. 


For the nine months ended September 30, 2010, EBITDA increased 17% to
 $2,804,148 compared to $2,389,875 in the same period in 2009. Net
 income was $1,261,260 compared to $1,270,678 for the same period in
 2009. For the nine months ended September 30, 2010, revenues increased
 to $43,627,273 from $40,419,407, on a year-over-year basis.


Lu Barbuto, President and Chief Executive Officer of AIM commented,
 "During the third quarter we continued to build our clinical
 infrastructure, adding 43 partner clinics to our network. These new
 sites were instrumental to the successful launch of our new contract
 with a department of the Government of Canada. We have also taken a
 leadership role with respect to the important work initiated by the
 Ministry of Health and Long-term Care of Ontario, to set and monitor
 quality standards for out-of-hospital clinical settings. We continue to
 look for new and innovative ways to attract and retain healthcare
 providers, who are the backbone of our Company. We remain committed to
 working with our partners at all levels of government to ensure that
 Canadians receive the highest level of healthcare available."


The Company's financial results are summarized as follows:






($000's except share
information)              Three Months Ended        Nine Months Ended

                               September 30             September 30

                            2010        2009         2010        2009

Revenue                     14,708      13,144       43,627      40,419

EBITDA(1)                    1,121         911        2,804       2,390

Net income for the             600         633        1,261       1,271
period

Net income per common
share (basic and            $ 0.01      $ 0.01       $ 0.01      $ 0.01
diluted)

Weighted average
shares outstanding,    107,741,151 105,836,391  106,471,311 102,335,650
basic





(1)  EBITDA is defined as earnings before interest, taxes and non-cash
 items including stock compensation, amortization and accretion
 expenses.


The Company also announced that it has filed its September 30, 2010
 financial results with the securities regulatory authorities. Such
 financial results may be found on SEDAR at www.sedar.com.


About AIM Health Group Inc.


AIM is a fully integrated Canadian health care company that offers
 community based comprehensive services to individuals that are ill,
 injured, or disabled, and to individuals requiring lifestyle
 interventions to improve their quality of life (wellness). This
 philosophy translates into a continuum of health delivery where the
 individual's health care is integrated with the various service
 providers through a public-private funding delivery model. This
 continuum of care model is the core concept of AIM's integrated service
 and delivery model.


AIM's service lines integrate all aspects of health care and include,
 but are not limited to, family medicine, medical assessments, medical
 chronic pain management, inter-disciplinary rehabilitation, medical
 acute care, and clinical research. AIM provides these health services
 through a growing infrastructure of "one stop" community based Health
 and Wellness Centres. We also provide occupational health services,
 community-based infusion centers and health human resource management,
 including physician and nurse staffing.


Caution Concerning Forward-Looking Statements


Certain statements in this press release are forward-looking
 statements. These statements are based upon certain material factors,
 assumptions and analyses that were applied in drawing a conclusion or
 making a forecast or projection, including AIM's experience and
 perceptions of historical trends, current conditions and expected
 future developments, as well as other factors that are believed to be
 appropriate in the circumstances. Forward-looking statements are
 provided for the purpose of presenting information about management's current expectations and plans relating to the future and readers are
 cautioned that such statements may not be appropriate for other
 purposes. These statements may include, without limitation, statements
 regarding the operations, business, financial condition, expected
 financial results, performance, prospects, opportunities, priorities,
 targets, goals, ongoing objectives, strategies and outlook of AIM for
 the current fiscal year and subsequent periods. Forward-looking
 statements include statements that are predictive in nature, depend
 upon or refer to future events or conditions.


By its nature, this information is subject to inherent risks and
 uncertainties that may be general or specific and which give rise to
 the possibility that expectations, forecasts, predictions, projections
 or conclusion will not prove to be accurate, that assumptions may not
 be correct and that objectives, strategic goals and priorities will not
 be achieved. A variety of material factors, many of which are beyond
 AIM's control, affect operations, performance, achievements and results
 of AIM that may be expressed or implied by such forward-looking
 statements and could cause actual results to differ materially from
 current expectations of estimated or anticipated events or results.
 These factors include, but are not limited to: general economic,
 industry and market segment conditions; equipment and labour shortages
 and inflationary costs; changes in applicable environmental, taxation
 and other laws and regulations, as well as how such laws and
 regulations are interpreted and enforced; changes in technology;
 operating risks, including risks inherent in the ability to generate
 sufficient cash flow from operations to meet current and future
 obligations; increased competition; stock market volatility; ability to
 maintain current and obtain additional financing; and management's
 success in anticipating and managing the foregoing factors.


The reader is cautioned that the foregoing list of factors is not
 exhaustive of the factors that may affect AIM's forward-looking
 statements. The reader is also cautioned to consider these and other
 factors, uncertainties and potential events carefully and not to put
 undue reliance on forward-looking statements. Although the
 forward-looking statements contained in this press release are based
 upon what management of AIM currently believes to be reasonable
 assumptions, actual results, performance or achievements could differ
 materially from those expressed in, or implied by, this forward-looking
 information and, accordingly, no assurance can be given that any of the
 events anticipated by the forward-looking information will transpire or
 occur, or if any of them do so, what benefits will be derived
 therefrom. These forward-looking statements are made as of the date of
 this release and, other than as specifically required by law, AIM does
 not assume any obligation to update or revise any forward-looking
 statement to reflect events or circumstances after the date on which
 such statement is made, or to reflect the occurrence of unanticipated
 events, whether as a result of new information, future events or
 results, or otherwise.


THE TSX VENTURE EXCHANGE INC. HAS IN NO WAY APPROVED NOR DISAPPROVED THE
 CONTENTS OF THIS PRESS RELEASE.




pAIM Health Group Inc.br/ Lu Barbuto, President and Chief Executive Officer orbr/ Greg Van Staveren, Chief Financial Officerbr/ 905-475-3353/p

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