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Bullboard - Stock Discussion Forum Medivolve Inc MEDVF

Medivolve, Inc. is a Canada-based healthcare technology company. The Company has two business units: Medivolve Pharmacy Division (MPD) and Collection Sites Diagnostics (CSD). MPD provides retail pharmacy and mail-order pharmacy services related to COVID-19, antibiotics, dermatology, family medicine, immunology, neurology, pain management, pediatrics, preventive medicine, and psychiatry to... see more

OTCPK:MEDVF - Post Discussion

Medivolve Inc > volume over 1m.
View:
Post by jpm59 on Nov 26, 2020 11:34am

volume over 1m.

Labour costs is the major expense for these cubes however, according to the help adds (indeed.com) they pay about $15 hr. , say $20,  10 hours per day, only $200 per tech. Sites have 1-3 employees, depending how busy they are, so not bad, max. $600 per day , 3 tech.'s.  10 tests per day (lowest cost tests) covers that expense. Make sense?
Comment by LongRun78 on Nov 26, 2020 11:45am
They raise salary to about 22$ to 35$/h. Recruiting seems to be one of the biggest matter. With a 35$/h salary, they'll be competitive.
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