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Bullboard - Stock Discussion Forum CareRx Corp T.CRRX

Alternate Symbol(s):  CHHHF

Healthcare
CareRx Corporation is a Canada-based provider of pharmacy services to seniors living communities. The Company serves over 94,000 residents in over 1,500 senior and other congregate care communities, including long-term care homes, retirement homes, assisted living facilities, and group homes. It supports its home care partners by providing solutions for the supply of chronic medication. It... see more

TSX:CRRX - Post Discussion

CareRx Corp > CareRx to Acquire Hogan Long-Term Care Pharmacy
View:
Post by MrMugsy on Mar 30, 2022 8:29am

CareRx to Acquire Hogan Long-Term Care Pharmacy

800 beds - 1200 additional in future.
Picked up some best-in-class technology with patent protection.

https://www.newswire.ca/news-releases/carerx-to-acquire-hogan-long-term-care-pharmacy-831893857.html
Comment by zinger99 on Mar 30, 2022 4:57pm
Mugsy - nice transaction at a really good price. A few more of these acquisitions will be helpful. Suspect Hogan bed growth must be with a provider who is building new homes in the coming years. We should get to 100k beds this quarter I hope......
Comment by MrMugsy on Mar 31, 2022 9:01am
Absolutely !!! Also ... CareRx is in a great position to build the best it can.  To do so, they can cherry-pick from what's out there.  Absolutely no competition on the acquisition front. ------------------ Since 2015, Hogan Pharmacy Partners has offered a provincially-recognized, award-winning model of pharmacy services with a collaborative model that puts Residents safety and ...more  
CareRx Corp