Many Baby Boomers have entered their retirement years with money to spend, all of which sounds enticing from an investment perspective. And it’s because of this, SmallCapPower has shortlisted four North American small cap senior care companies that have good growth prospects.
Leisureworld Senior Care Corp. (TSX: LW) – $15.69
Healthcare Facilities & Services
Leisureworld Senior Care Corporation is an owner of seniors’ housing and is a licensed long-term care provider. The Company’s four business lines include retirement communities, home care, management services and long-term care. Leisureworld owns and operates 35 long-term care homes across Ontario with 5,733 beds and 10 retirement residences, representing 1,065 suites, in Ontario and British Columbia.
- Market Cap: $569,026,625
- Revenue (Last 12 Months): $456,788,000
- Price Change (1 Year): +30%
Diversicare Healthcare Services Inc. (NASDAQ: DVCR) – $20.12
Healthcare Facilities & Services
Diversicare Healthcare Services, Inc. (Diversicare Healthcare Services) provides long-term care services to nursing center patients in nine U.S. states, primarily in the Southeast, Midwest and Southwest. The Company’s centers provide a range of health care services to their patients and residents that include nursing, personal care and social services. In addition to the nursing, personal care and social services usually provided in long-term care centers, the Company’s nursing centers also offer a variety of rehabilitation services, as well as nutritional support services.
- Market Cap: $121,167,378
- Revenue (Last 12 Months): $383,807,788
- Price Change (1 Year): +200%
Centric Health Corp. (TSX: CHH) – $0.39
Healthcare Facilities & Services
Centric Health Corporation (Centric Health) is a Canada-based provider of healthcare services focused on producing leading patient outcomes. The Company serves in the areas of physiotherapy, rehabilitation and medical assessments, specialty pharmacy and surgical and medical centers. The Company also provides medical assessments, orthotics, pharmacy, physiotherapy, and sleep clinic services as well as surgical centers.
- Market Cap: $61,542,530
- Revenue (Last 12 Months): $308,074,000
- Price Change (1 Year): +45%
Catasys Inc. (OTC: CATS) – $2.19
Healthcare Facilities & Services
Catasys, Inc. is a healthcare services company, providing specialized health services designed to assist health plans and other third-party payors to manage and treat their high cost substance dependence members through a network of healthcare providers and its employees. The Company’s OnTrak program is designed to address substance dependence as a chronic disease. The program seeks to lower costs by improving member health through the delivery of integrated medical and psychosocial interventions in combination with long term care coaching.
- Market Cap: $55,411,419
- Revenue (Last 12 Months): $2,322,817
- Price Change (1 Year): +60%
Source: Thomson Reuters
