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$1.40 japara healthcare limited

Oh and due to shortage of beds in the Hunter Valley, had to...

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peony-rose

2,851 Posts.

139

07/06/21

14:32

Post #: 53693411
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Originally posted by willdunlop1: ↑

yep... people pay the big fees when a parent is incontinent or immobile... otherwise Home Care works fine for the vast majority of people... dementia is not a key driver of admission, although about 1/3rd of residents suffer from it.

daily fees for these nursing homes are enormous... families avoid them until absolutely necessary.

further, these homes break even at 90 occupancy.

you can see the industry was already there pre CoVID.. 1H21 result presentation slide 19.
there's an over-supply of beds, because the RADs means development of new shiny homes is resident funded

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Oh and due to shortage of beds in the Hunter Valley, had to accept first available. I wanted to pay more for a single room but can't even get one.

JHC Price at posting: $1.17 Sentiment: Hold Disclosure: Held
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