Nova Leap Health Corp V.NLH

Alternate Symbol(s): NVLPF

Healthcare

Nova Leap Health Corp. is a Canada-based acquisitive home health care services company operating in the United States (U.S.) and Canada. The Company, through its subsidiaries, provides various services to clients and families, including dementia care, companionship, personal care, respite care, cooking and meal preparation, light housekeeping, activities of daily living (ADL), transportation services, medication reminders, and medication administration by nursing staff. Its supportive services can be arranged for any frequency of time, from one to twenty-four hours of care daily, or on a respite or temporary basis. The Company's services can be funded through a variety of sources, including Medicaid waiver programs, long-term care insurance, veterans benefits, private pay and other location-specific social service programs. It operates in approximately 10 different U.S. states within the New England, Southeastern, South Central and Midwest regions as well as in Nova Scotia, Canada.

TSXV:NLH - Post by User

Nova Leap Health Corp

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Post by BetulaKapitalon Apr 06, 2022 11:32am

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Post# 34580675

Good point about possible competition from private equity

“This is not a Gordon Gekko-type situation where private equity comes and is cutting staff. You can’t cut your way into profitability in the home-based care industry.”

https://twitter.com/BetulaKapital/status/1511726717605453827

https://homehealthcarenews.com/2022/04/home-health-consolidation-is-not-a-gordon-gekko-type-situation-ma-experts-argue/

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