In mid-December, I wrote a post "Nova Leap Health - Most important figures this year?" (link), regarding that home care is back to pre pandemic numbers soon (look at the graph in link 2).
https://stockhouse.com/companies/bullboard/v.nlh/nova-leap-health-corp?postid=34231810
https://www.healthsystemtracker.org/chart-collection/what-impact-has-the-coronavirus-pandemic-had-on-healthcare-employment/#item-year-over-year-change-in-healthcare-and-non-healthcare-employment-january-1991-through-may-2020
The other day we learned that in the US almost 1/3 of the new healthcares jobs in February is in home care:
"Employment in health care rose by 64,000 in February. Job gains occurred in home health care services (+20,000) ..."
https://www.bls.gov/news.release/empsit.nr0.htm
Now comes perhaps this year, so far, most important figures. I took part in the Oppenheimer 32nd Annual Healthcare Conference where data from home care was presented (I will probably write separate longer posts about this later and share the graphs):
The number of Quarantine Patients (Covid-19) was down to 0.33% (!) on 4 March. The data comes from over 550 home care units. The peak was between the end of 24/12 - 7/1 at just over 6% and then dropped rapidly and was below 2% 5/2. This low figure is nothing short of fantastic news for Nova Leap Health. Not only is the figure incredibly low, but the peak was during the holidays when using Nova Leap Health services in ADL is still reasonably lower, I guess.
Remember the quotes from the CEO Chris during Q4:
"While the Omicron variant impacted our short term financial results in Q4, we ended the year with a lot of momentum which we believe will yield strong long term results."
"We expect 2022 to be a transformational year and one that will yield record revenues and adjusted EBITDA."
"The three acquisitions made during December were significant for the Company. As noted in previous press releases, these businesses were producing approximately $9.3 million in annualized revenues and more than $ 1.3 million in adjusted EBITDA. To date, these acquisitions have gone as planned and we have been pleased with the results. "
https://stockhouse.com/companies/bullboard/v.nlh/nova-leap-health-corp?postid=34508645