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They may 10x their profit by serving elderly clients but that is assuming x more elderly clients would want to suddenly come. But why? Are elderly clients unde
by Aperocky 5y ago
They may 10x their profit by serving elderly clients but that is assuming x more elderly clients would want to suddenly come.
But why? Are elderly clients underserved in that area? Are they going to ditch their original care provider and all come here?
- throwawaygh 5y ago> But why? Old people in the USA are EXTREMELY wealthy in terms of healthcare purchasing power. All retired people have medicare. Many retired people have additional healthcare coverage from their former employers (doesn't exist anymore -- disappeared along with pensions -- but this benefit used to be common). Many retired people have significant savings in addition to medicare and private health insurance. Most new parents have little to no government assistance, do not have significant expendable income, and have little to no accumulated wealth. Children, of course, are even poorer than their deadbeat parents.
- germinalphrase 5y agoWhat I was told is that elderly people need more and more frequent care. Additionally, reimbursements tend to be higher for the procedures elderly people need vs children.
- crvdgc 5y ago> They may 10x their profit by serving elderly clients but that is assuming x more elderly clients would want to suddenly come. Or by cutting the cost.