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A Very Leverage-Wary Partridge in a Pair Tree
Weighing the Business and Thinking About Markets
This is the seventh in a series of articles covering the home healthcare industry. See part 1 here, part 2 here, part 3 here, part 4 here, part 5 here and part 6 http://seekingalpha.co....
Facts are simple and facts are straight, facts are lazy and facts are late,
Facts all come with points of view, facts don’t do what I want them to,
Facts just twist the truth around, facts are living turned inside out,
Facts are getting the best of them…
—David Byrne’s “Crosseyed and Painless”
More »Old Hat Meditations
This is the sixth in a series of articles covering the home healthcare industry. See part 1 here, part 2 here, part 3 here, part 4 here, and part 5 http://seekingalpha.co....
In the last article, we used AFAM as a case study to assimilate the dynamic drivers of VN admissions growth we reviewed in the first four articles. AFAM had 7,737 admissions in 2001, of which almost 60% were referred from hospitals, about 30% from physicians and the remainder from various assisted living facilities. It had 39,666 admissions in 2008, of which about 45% were referred from physicians, 35% from hospitals and the remaining 20% from assisted living facilities. That 23% CAGR in admissions over eight years can be broken down as follows:
More »Looking Forward to Patient Growth
Looking Forward to Patient Growth
This is the fifth in a series of articles covering the home healthcare industry. See part 1 here, part 2 here, part 3 here, and part 4 http://seekingalpha.co....
More »Short Explanation
Short Explanation
This is the fourth in a series of articles covering the home healthcare industry. See part 1 here, part 2 here and part 3 http://seekingalpha.co...
More »Technology, Nietzsche and Weapons of Mass Destruction
Technology, Nietzsche and Weapons of Mass Destruction
(This is the third in a series of articles covering the home healthcare industry. See Part 1 http://seekingalpha.com/article/130009-home-healthcare-industry-ghosts-in-the-demographic-machine and Part 2 http://seekingalpha.com/article/131170-home-healthcare-industry-systemic-breakdown?source=yahoo.)
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