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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
Comment by bailey2on Aug 15, 2017 5:44pm
152 Views
Post# 26585152

RE:Delivery of services to at home seniors.

RE:Delivery of services to at home seniors.Good post. Sure could have used that dispensing machine while my mother had pancreatic cancer the last year of her life. And was in her own home. Brought her to emerg a couple times. Was overmedicating . Most my patients I saw over my 30 plus years in my profession were of the senior age group. The amount of medications they were taking always astounded me. Most of them , 99 per cent lived in their own homes. I would not be surprised if OHIP here in Ontario kicked in for the price of the machine. One trip to emerg as the result of overmedicating would pay for the machine and the per month payment. After doing my dd with Centric the past year, I felt that this was a very progressive healthcare company that was unique, and could blossom as our medicare system trys to find ways to cut costs. This newest venture confirms why I am a shareholder. Excited to see how this plays out over the next several years. For those that think that we do not have any aspect of the healthcare system presently that is not universal healthcare here in Canada, one only has to look at dental, optometry, physiotherapy and chiropractic, as a start. 
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