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CareRx Corp T.CRRX

Alternate Symbol(s):  CHHHF

CareRx Corporation is a Canada-based provider of pharmacy services to seniors living communities. The Company serves over 94,000 residents in over 1,500 senior and other congregate care communities, including long-term care homes, retirement homes, assisted living facilities, and group homes. It supports its home care partners by providing solutions for the supply of chronic medication. It offers a range of medication solutions. Its technology automates the preparation and verification of multi-dose compliance packaging of medication, providing the safety and adherence for individuals with complex medication regimes. Its network of pharmacy fulfillment centers delivers solutions for the supply of chronic medication and other specialty clinical pharmacy services. The Company provides services in rural and urban areas throughout Ontario, Alberta, British Columbia, and parts of Saskatchewan. It works with home operator partners to promote resident health, staff education and others.


TSX:CRRX - Post by User

Bullboard Posts
Post by ValueSpotteron Aug 15, 2017 12:38am
223 Views
Post# 26581404

Delivery of services to at home seniors.

Delivery of services to at home seniors.I'm sure everyone on this board is investing for a decent return. I look at this in a slightly different way. My elderly parents did not want to move from their home in small town Ontario. Even though i knew they should be in a nursing home my sister and I (mainly my sister) helped them to live in their home as long as possible.Then we started to discuss nursing homes. My mom passed away and we transitioned my dad to a home. Very stressful times but my sister and I dealt with the issues as they came up and my dad is happy where he is now in a rural nursing home. Now... keep this in mind... my sister lived near my parents and visited weekly. I live far away but fortunately my wife was able to care for our kids when I flew in to visit my ailing parents. And... I am in the health care profession so I could at least help with decisions by phone. What I just described is the next to ideal situation. Not everyone can assist their parents or their parents do not want their help.Seniors live at home... with little support and unfortunately take the wrong medications. Centric can help these seniors by partnering with a provider like "Nurse Next Door". Yes... it is true that CHH will make a lot of money but it is a needed and valuable service that will help seniors and their families. So... if you need a reason to invest... other than to make money... how about investing to help those seniors that need that help. VS
Bullboard Posts