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Extendicare Inc T.EXE

Alternate Symbol(s):  EXETF | T.EXE.DB.C

Extendicare Inc. is a provider of care and services for seniors across Canada. The Company operates under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands. The Company operates through four segments: Long-term Care, Home Health Care, Managed Services and Corporate. Its Long-term Care segment includes over 53 long-term care homes, which it owns and operates in Canada. Its Home Health Care segment operates through its subsidiary, ParaMed, which provides complex nursing care, occupational, physical and speech therapy, and assistance with daily activities. Its Managed Services segment includes its management, consulting and group purchasing divisions. Through the Extendicare Assist division, it provides management and consulting services to third parties, and through the SGP Purchasing Partner Network division, it offers purchasing contracts to other senior care providers for food, capital equipment, furnishings, cleaning, nursing supplies, and more.


TSX:EXE - Post by User

Post by Macloud1on Mar 30, 2021 12:09pm
252 Views
Post# 32906224

Nursing homes not to blame totally.

Nursing homes not to blame totally.

The blame for the shortfall in all nursing homes falls back on the Health System as they were directed 

not to send patients to hospitals and doctors stopped attending the homes. 

2021-03-30 06:44 ET - In the News

See In the News (C-SIA) Sienna Senior Living Inc

The Globe and Mail reports in its Tuesday edition that Canadians living in nursing homes received less medical care for everything from urinary tract infections to lung disease and heart failure during the early days of the pandemic, a new report says. The Globe's Karen Howlett writes that the number of residents transferred to hospital for chronic medical conditions fell 27 per cent between March 1 and Aug. 31, 2020, compared with the same period in 2019, according to the analysis from Canada's health care statistics agency. Doctors visited 16 per cent fewer residents in the homes. Nursing homes were all but forgotten during the health system's push to ensure that hospitals were not overwhelmed. The pandemic also altered the practice of medicine across the country, as some provinces discouraged transferring the frail elderly to hospitals, and on-line and telephone appointments between doctors and patients became common. The Canadian Institute for Health Information report marks the first official attempt to measure the toll these practices took on nursing home residents. The national snapshot is far from complete. Hospital transfers do not include Quebec, the province hardest hit by COVID-19 during the first wave.

© 2021 Canjex Publishing Ltd. All rights reserved.

 

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