RE:2022 Q1 forecast to be weakerCapharnaum wrote: On the conference call, they did highlight that Q4 is seasonaly strong while Q1 is expected to be seasonaly weaker. Something about more subsidies in Q4 for elective surgery where WELL Health provides anesthesia services.
So, there's a new bone for the sceptics and the bashers to chew on and regurgitate for the next few months.
that comment was specifically related to CRH Medical - Q4 is the busiest quarter and Q1 is the slowest. if you bring up CRH's last filed statements on SEDAR they actually break out the seasonality:
Seasonality is driven by both patient cases and seasonal payor mix. As a result, revenue per patient will fluctuate quarterly. The seasonality of patient cases for fiscal 2020 is provided below for organic patient cases; it excludes patient cases relating to acquisitions completed in 2020.
COVID-19 had the most significant impact on case volumes in the second quarter of 2020.
Q4 2020 31.8 %
Q3 2020 28.7 %
Q2 2020 13.8 %
Q1 2020 25.7 %