Southern Home Medical Inc (SHOM)

[specbidder]

Its all very well talking about Revenues but whats the topline profits. I don't see the huge profitability in this business. Its true Hospitals do find it hard to find Nurses but on the otherhand they just don't have the funds to hire contract Nurses.
Personnel cost are to high unless you go to places like India or the Philipines to hire your contract staff. Then you have immigration issues to think about.
Convince me that there model works. My wife ran a homehealth service so i know first hand the problems she faced. Staffing is a major problem and hence the employment costs are sky high.
The home health sevice she runs is a branch of a major hospital in the area and even they find it hard to keep it profitable and have closed many of the branches.
Even the independent home health franchises with reduced employment costs find it a struggle to stay afloat.
Not knocking anybody invested here just asking questions.