Hey Quick, I wish ya lots of luck, really.
My question is how many years should it take to become profitable? Especially for trendy urgent care facilities?
My concern years ago was about them accepting Medicaid. Most UC facilities do not and that's what makes them profitable. If they're accepting Medicaid (which has horrendous fee schedules) then they're nothing more than clinic and very unprofitable hence not worth investing into. Also, if they accept government assistance, then they lose the more desirable patients that do bring in the full fee for service revenues.
Yesterday's rise and today's fall in the pps is proof of manipulation.
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