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Extendicare Inc T.EXE

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

Healthcare
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

Extendicare Inc > The future of LTC
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Comment by Stratocheifon Oct 20, 2022 5:50pm
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Post# 35037606

RE:RE:The future of LTC

RE:RE:The future of LTCThis company has about 100 million in debt coming dye in the next 3 years. This debt is currently in the 3 to 4% range. They will have to refinance at 6 or 7% because of rising rates. I suspect this will cut thier profit a lot. Any thoughts?
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