RE:RE:expect major revenue come from SNFs contracts in 2023Small correction, remove the word "
contracts". Of course, there are fewer contracts, but they cover 113 facilities.
theinvestor22 wrote: I'll add one more, easier to collect on A/R.
Re Skilled Nursing Facilities contracts, so far, I get 4 on 6May21 + 1 on 21Apr22 + 3 on 28Jun22 + 40 on 26Oct22 + 50 on 4Nov22 + 15 today = 113.
This is a nice niche.
mingzhu wrote: SNFs deals are best ones RHT has so far for following reasons:
1, fast growth, "The Skilled Nursing space is currently one of our fastest growing market segments and we are excited to help SNFs provide new healthcare services to their patients to drive better outcomes.”
2, instant onboarding, right after bebing discharged
3, close to 100% complance. SNFs mornitor vitals of patients from distance, likely at desk computers instead of checking them individuals at bed side. you cannot have some with device on and some without.
4, easy adherence. it is not easy if patients have to adhere to the program for 10 year, but 37 days on average? that is super easy.
5, expansion of patients from senior and patients with chronicle diseases to normal patients for all ages. Any one can be hospitalized
6, inexhaustible source of patients. you always have patients being hospitalized and discharged.