Jack Nathan Medical Corp V.JNH

Alternate Symbol(s): JNHMF

Healthcare

Jack Nathan Medical Corp., operating as Jack Nathan Health, is a Canada-based healthcare network operator. Jack Nathan Health is a healthcare company that is improving access for millions of patients by co-locating physicians and ancillary medical services conveniently inside Walmart stores. Jack Nathan Health provides patient care, made possible through patient-centric physicians, a variety of medical services, technology, and programs, designed to put patients first. In Canada, the Company has 80 clinics in Walmart locations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, and Quebec and two independent locations for a total of 82 clinics. There are over 22 corporate owned and operated clinics, of which three include Rehab services and six include MedSpa services. In Mexico, the Company has over 155 corporate owned and operated clinics in Walmart locations, five clinics inside Walmart Distribution Centers servicing Walmart Associates, and one Multidisciplinary clinic.

TSXV:JNH - Post by User

Jack Nathan Medical Corp > Horrible Q1 just as I predicted

<< Previous

Bullboard Posts

Next >>

Comment by LonghandStrongon Apr 21, 2022 7:09pm

217 Views

Post# 34622231

RE:RE:Horrible Q1 just as I predicted

I think the supplier of labour, in this case the docs, have the power here. 70% of billings to the doc at minimum is the cut I'd think, leaving pennies for the operator. Why be in a Walmart paying Jack Nathan a licensing fee, accepting lease insecurity, when a $12 a square foot back street location just needs to make one Facebook post saying "accepting new patients" to fill schedule? I'd bet a co located pharmacy would pay a walk-in / family practices rent just to get the RX volume. Doing it themselves, maybe some efficiencies, but how to get the docs? Massage, chiro, counselling services?

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario