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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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Comment by zinger99on Jan 22, 2022 8:49am
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Post# 34346308

RE:Improved Margins ?

RE:Improved Margins ?Mugsy,

I agree that the exciting element in growing this part of the business could be in scaling overall margins. I am curious as to what the revenue scale could be from this increased business line. I also think this offering will help them secure more contracts with homes potentially given the additional diversity in their offer compared to other pharmacies.  Wonder if we have hit 100k beds yet? 
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