CareRx Corp T.CRRX

Alternate Symbol(s): CHHHF

Healthcare

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

CareRx Corp > Improved Margins ?

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Post by MrMugsyon Jan 21, 2022 1:59pm

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Post# 34343799

Improved Margins ?

Improved convenience for LTC homes.
More efficient deliveries.
Higher margins.

Should see improving margins for a few years as they get this going and running efficiently.
Better use of their facilities to carry inventory.
Non-refrigerated items - bonus.

Anyone see it differently ?

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