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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 Jan 22, 2018 7:13pm
132 Views
Post# 27411826

Flow... a key to success...

Flow... a key to success...David Cutler navigated this ship through all the rough financial waters while the operations team executed on platform development and refinement. They have now established flow... RFP flow, onboarding flow, acquisition flow and surgical centre utilization flow. CHH now has experience in all of the aforemention and can take advantage of economies of scale. David's departure, while unfortunate, is not as catastrophic as it would have been a year or two ago. The market may have reacted disproportionately to the event. Now there is potential for intra and extra platform expansion. Intra platform is easy to understand and linear to a degree but extra platform (Ace age, home med distribution etc...) has exponential possibilities... and... most importantly they appear to have one of the best drug distribution platforms. Unless I am missing something... why is .75 not a realistic near term possibility? VS
Bullboard Posts