Huge profitability turnaround in Radius Care now that they can get staff and stabilised their debt situation. All about high occupancy when staff numbers allow. Money to be made.
Maybe OCA should merge its care bed division with Radius!
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There are funding issues everywhere including hospices. The end of life needs to be imminent. So even though this patient had multiple co-morbidities, they may well have been insufficient for hospice care. The rule of thumb used to be, and it may still be in other nations, that if the expected remaining lifespan was six months or less, then hospice care would be considered. A Hospice would be keenly sought. Not only for the perceived quality of care, but for the fact that there is no charge or means testing
Perhaps the patient should already have been a permanent resident of a rest home hospital. However spouses (usually wives) are often reluctant to send their partners to rest homes.
The ministerial briefing at the end of last year from the ACA https://nzaca.org.nz/wp-content/uplo...l-briefing.pdf
found that “Factoring in depreciation, amortisation and interest, the survey found that more than half (56%) of respondents’ facilities made a net loss in the 2022/23 financial year (equating to a loss of $4.24 per operating bed day)”
The briefing also found that the EBITDA per occupied bed DAY had fallen from $23.82 in 2017 to $3.94 in 2022. Auckland and BoP have better profit results.
a weekly close under 58c would be a new low on the weeklies ... very bearish and keep my original target from mth's back of covid lows being tested in tact
Are you sure of that, current weekly low is same as 6 and 7 weeks ago and above 8 weeks ago of 0.55. And to hit your Covid low target, it will have to fall another 0.21 or 35%
No wonder you called yourself bull****.
Brilliant buying opportunity, but [SARCASM]I'll wait for the long forecast 1:4 cap raise at 0.50, oh wait, the cap raise might be even more steeply discounted. [/SARCASM]
You just cant let up with the aggression and gutter language can you.
It was not about this poor gentleman " taking his sick ......." it is about OCA recognising the particular type of care he required and the problems he had and saying we havent the expertise to give him the care he needs.
I have had some experience with the elderley moving into a care unit. It is so traumatic for them. They worry that once they are there they will never get out. They feel they are tricked. All they want is to be home again. Then the exaggerations, complaints, problems all come, some real some not so real. Respite care comes when the caregivers need a break because the patient is so debiliated and has so many problems they are difficult to care for.
Now, Tea I understand you may have a great deal of sympathy for this guys situation and feel strongly for him and thus your unfortunate and uncontrolled tirade. But unfortunately Oceania is a business owned by shareholders. The company is not the carer of last resort for a permanent or temporary client, now more of a patient and is under no obligation to be forced into it.
So Tea, I think you should take a chill pill before the site moderator chills you out. Take a step back.
Oceania rest home and nurses at fault after man fell in Tokoroa respite care and later died
https://www.nzherald.co.nz/nz/oceani...A4MA7CNSWWSIM/
man repeats himself for dramatic effect!!
Is this a new incident or the one 5 years ago?
Oceania rest home, nurses slated after lack of medication causes woman's death
https://www.rnz.co.nz/news/national/...-woman-s-death
Oceania rest home and nurses at fault after man fell in Tokoroa respite care and later died
https://www.nzherald.co.nz/nz/oceani...A4MA7CNSWWSIM/
all over the news everywhere .... PR disaster
Wtf is going on with Oceania?
One article is of a man that had fall. Another is of a woman that wasnt given her medication. No doubt both incidents date back several years.
Not exactly helpful for sales thou. I assume family members do a basic google search when choosing a retirement home for their parents.
And just how do you stop influenza? You are all pathetic. I mean we don't here about the xxx people sadly passing from it outside of the RV's.
We all die even when we live in a Retirement Village. You should all be a shamed of yourselves for Grandstanding on this.
You trolls are pathetic waste of space and air.
Yip. I have some experience of care homes. Stuff happens in all of them. Outbreaks. Difficult residents. I read recently its one of the most traumatic experiences as people usually end up in care when circumstances are out of their control.