CareRx Corporation (CRRX.TO): Care Home Pharmacy

CareRx delivers prescriptions to long-term care and retirement homes across five provinces in Canada, with provincial governments as the primary payer, and 92,000 residents currently under contract.

In this Business Breakdown, David Barbato and Jason Senensky sit down with CareRx Corporation’s (CRRX.TO) President and CEO, Puneet Khanna, and Suzanne Brand, CFO. Join MicroCapClub and unlock the ability to listen and participate live in these discussions.

Puneet and Suzanne cover the hub-and-spoke automation model CareRx is piloting, centralizing high-volume robotic filling to expand capacity without replicating expensive robotics at every location, the Ontario capitation fee situation and what the removal of step-down language means for the company's revenue floor, why bed count has been flat for four years and when they expect growth to resume, and how they're approaching M&A after doing prior deals at two to six times EBITDA.

You can listen/watch this business breakdowns on Spotify, Apple Podcast, and YouTube below:

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