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Extendicare Inc T.EXE

Alternate Symbol(s):  EXETF | T.EXE.DB.C

Extendicare Inc. is a provider of care and services for seniors across Canada. The Company operates under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands. The Company operates through four segments: Long-term Care, Home Health Care, Managed Services and Corporate. Its Long-term Care segment includes over 53 long-term care homes, which it owns and operates in Canada. Its Home Health Care segment operates through its subsidiary, ParaMed, which provides complex nursing care, occupational, physical and speech therapy, and assistance with daily activities. Its Managed Services segment includes its management, consulting and group purchasing divisions. Through the Extendicare Assist division, it provides management and consulting services to third parties, and through the SGP Purchasing Partner Network division, it offers purchasing contracts to other senior care providers for food, capital equipment, furnishings, cleaning, nursing supplies, and more.


TSX:EXE - Post by User

Bullboard Posts
Comment by Shirtlessnomoreon Mar 01, 2020 11:02am
35 Views
Post# 30752753

RE:RE:RE:RE:RE:RE:Coronavirus

RE:RE:RE:RE:RE:RE:CoronavirusIndeed will be a volatile area for awhile red deer, I read that this morning as well, I would say unfortunately much to vega's turning a blind eye the virus situation is probably most at risk with these type of stocks as it has it's most impact with older poor health folks which is the composition of all these places, I firmly believe the stock will recover and turn out fine especially at these dirt cheap prices but it's going to take some time. I'm holding and possibly adding a few on opportunity. ... ..
Red_Deer wrote:
Vega1357 wrote:
Red_Deer wrote:
SIRIUS__surely YOU would SEE the Similarities between spread of illness in Nursing Homes and what IS going on RIGHT NOW on several Cruise Ships with confirmed Corona Virus spreading rampantly onboard__thus EVERY BODY is now on 14 Day Quarantee on these sick boats.

Whenever you have Large Numbers of people living room to room__even for a short cruise__you WILL have a rapid spread of ANY communicable disease ONCE introduced into the group by JUST ONE SICK visitor
 


I don't think that even one of EXE's facilities will be affected by the coronavirus. But even if one is, that doesn't mean it will be communicated to all their other facilities and they have 122 across North America. I think that EXE is a very good and very safe investment.



This latest development most certainly could impact EXE share price__with the markets being so nervous Mr Market will tend to paint ALL care homes into the SAME risk eh ?????

HEALTH
02/29/2020 21:58 EST
 
Washington State Probing Troubling Coronavirus Outbreak In Nursing Home
 
The nation's first coronavirus fatality occurred at a hospital in same Seattle suburb as long-term care facility.
 
 
By Mary Papenfuss, HuffPost US
 
 
The U.S. Centers for Disease Control and Prevention and Washington state health officials have launched an investigation into two cases of coronavirus at a nursing home in a suburb of Seattle, the same town where the nation’s first coronavirus fatality occurred.
 
An outbreak in such a facility is particularly troubling because of the close quarters and the vulnerability of the elderly residents to disease.
 
A health care worker at the Life Care Center in Kirkland and a female resident in her 70s have tested positive for the disease, state and federal officials revealed in a media call Saturday.
 
Around 27 of 108 residents and 25 of 180 staff members also have some symptoms of COVID-19, and are being tested, officials said. 
 
Authorities are “very concerned about an outbreak in this setting, where there are many older people,” said county health official Jeff Duchin. 
 
 
Alison Grande
@AlisonKIRO7
We went to Life Care Center of Kirkland and found these signs outside. There are about 50 people who have symptoms that could indicate Coronavirus, 2 confirmed cases. (One is 70yo patient at Evergreen, one woman in 40s is a center employee now treated at Overlake) @KIRO7Seattle
 
 
A man in his 50s with COVID-19 died at the EvergreenHealth hospital in Kirkland. He was not a resident of the nursing home, said CDC officials.
 
President Donald Trump mistakenly referred to the victim at a press conference Saturday as a “wonderful” woman in her late 50s with health problems. The resident and health care worker from the long-term care facility who tested positive are now being treated at EvergreenHealth.



Bullboard Posts