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Bullboard - Stock Discussion Forum CareRx Corp CHHHF


Primary Symbol: T.CRRX

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... see more

TSX:CRRX - Post Discussion

CareRx Corp > 2023 Goal ...
View:
Post by MrMugsy on Nov 30, 2021 8:56am

2023 Goal ...

I missed this earlier ...

CareRx has a target to double the number of residents it serves by 2023 through a two-pronged growth strategy:

  1. Win new contracts with seniors homes based on its national distribution network and leading customer value proposition; and,
  2. Pursue accretive acquisitions through the rollup of a highly fragmented market.

I guess that means we're shooting for 200,000 customers/bed by 2023.  Excellent !
Comment by zinger99 on Dec 05, 2021 3:12pm
Mr Mugsy, I missed this too. Where did you read/hear about the 2023 goal? Thanks
Comment by MrMugsy on Dec 07, 2021 8:34pm
Zinger ... the new goal was mentioned in the last webinar ... Desjardins Digital Healthcare Conference.
Comment by MrMugsy on Dec 07, 2021 8:36pm
On the website they indicate a doubling by 2023 but I think that's old. Then at the conference they mention 125,000 beds by 2023.
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