Income Per Patient:A few years ago, they had a few products and their income per patient was about $12,000 a year per patient. This has changed, and may change more as they move on planned acquisitions of new products. From the Beacon report:
"c) Record Vent Patients: 8,837, +5% q/q
d) Record Revenue Diversification: Non-vent revenue was 31.4% of total revenue. Vent revenue was 80% of total revenues in Q1/FY21
e) Record revenue per active vent patient: $15,350 versus $13,270 last year (+16%). Such rev/active vent patient is specifically due to its non-vent revenue as noted above. "
There patient count is going to be strong going forward, while revenue per patient goes up. They are down to 69 percent non vent revenue and should drop a little more.
Please do the math yourself. They said patient count should grow at the same rate the next few quarters.
Also, they will get an inflation increase in the new year which will cover higher wages, and people. I'm going low at 5% increase.
The math to me looks like this. Please correct me if I am wrong:
Yearend 9,000 vent patients at $50.00 a month more equals 9,000 X $50.00 = $450,000 a month.
Multiply $450,000 X 12 = $5,400,000 extra income next year.
Again, if I am wrong, please correct me. I try to stick with only facts and not complain about oxygen tanks, or the cost of gas.