Posts from — May 2006
(Why) Would You Invest In The Home Healthcare Industry?
After having had three clients call and discuss this with me in as many days I thought it was time to try to figure it all out. So this is my (un) definitive position which I hope raises the right questions and provides at least some answers. Excuse the caveats and variables in the language but then if you are in this business you will understand why.
Just to be upfront the recommendation is going to be to invest in “change”. Identify what the change will be and buy into it. Divest companies (or management) that believe “nothing much will change”. It is not a place for the faint hearted. It is certainly not business as usual. Past performance is definitely not a reliable indicator in the homecare business today - or rather tomorrow.
The used - to - be good news was that - “Overall the macro demographic picture is very good - the aging population, of which we are all a part, is rapidly growing”. Past tense.
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May 19, 2006 8 Comments
