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Extendicare Inc EXETF


Primary Symbol: T.EXE Alternate Symbol(s):  T.EXE.DB.C

Extendicare Inc. is a provider of care and services for seniors across Canada. The Company operates under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands. The Company operates through four segments: Long-term Care, Home Health Care, Managed Services and Corporate. Its Long-term Care segment includes over 53 long-term care homes, which it owns and operates in Canada. Its Home Health Care segment operates through its subsidiary, ParaMed, which provides complex nursing care, occupational, physical and speech therapy, and assistance with daily activities. Its Managed Services segment includes its management, consulting and group purchasing divisions. Through the Extendicare Assist division, it provides management and consulting services to third parties, and through the SGP Purchasing Partner Network division, it offers purchasing contracts to other senior care providers for food, capital equipment, furnishings, cleaning, nursing supplies, and more.


TSX:EXE - Post by User

Comment by givemeabreak1on Nov 18, 2022 1:07am
310 Views
Post# 35109368

RE:RE:RE:The future of LTC

RE:RE:RE:The future of LTCStrato that assumes that this is a free market type of situation.  Think Banks the industry is dominated by a few players and it is a heavily regulated industry whith much of the funding provided by the gov't.  Increased costs are passed along like any other business etc with less competition it is easier.  Think rental buildings rent increase are allowed based on increased costs.  That said, the bigger affect of the increased rates will be more on the 'new building' side!
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