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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

Comment by MrMugsyon Sep 22, 2021 9:49am
126 Views
Post# 33897717

RE:RE:RE:RE:Partnership With CareRx to Deliver Virtual Medical Appoint.

RE:RE:RE:RE:Partnership With CareRx to Deliver Virtual Medical Appoint.
TimeBuilder wrote:
FYI:  from  CSH  web site =  GOOD  start for CRRX.T  IMO as a very long term investor in BOTH   CSH.UN &  CRRX.T    :>)

Chartwell
 is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent supportive living through assisted living to long term care. It is the largest operator in the Canadian seniors living sector with over 200 quality retirement communities in four provinces, including properties under development. Chartwell is committed to its vision of Making People's Lives BETTER and to providing a happier, healthier and more fulfilling life experience for its residents.


Thanks TimeBuider.
Also found some key information in the 2020 annual report.
Assuming this deal (and the pilot) was only for "Retirement Operations" and is not related to "LTC Operations."

167 Retirement Operations across Canada (and an additional 24 LTC Operations) - 2020 report

Retirement Operations in Ontario, BC and Alberta account for 70% of these.

Therefore, I'm assuming the pilot will slowly move to incorporate up to 117 locations across these geographies.

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