CareRx Corp T.CRRX

Improved Margins ?

[MrMugsy]

Improved convenience for LTC homes.
More efficient deliveries.
Higher margins.

Should see improving margins for a few years as they get this going and running efficiently.
Better use of their facilities to carry inventory.
Non-refrigerated items - bonus.

Anyone see it differently ?

[zinger99]

Mugsy, I agree that the exciting element in growing this part of the business could be in scaling overall margins. I am curious as to what the revenue scale could be from this increased business line. I also think this offering will help them secure more contracts with homes potentially given the additional diversity in their offer compared to other pharmacies.  Wonder if we have hit 100k

[MrMugsy]

Was thinking about the revenue scale and I just summed it up like this ... - revenue to scale anyway as we take on additional beds (slowly but surely going forward) - revenue growth from growth in new business models ... like seniors residences. - probably a few years of ramp-up in this additional supplies business. so ... margins and healthy revenue growth to continue over the next few years. IMO