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Omega Healthcare Investors Inc. Message Board

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  • wheelbarrowme wheelbarrowme Sep 13, 2011 5:46 PM Flag

    P/E Over 73...Enough to Judge This Stock

    OHI does not break down financials for each facility. I was referring to an industry trend of rising costs, incompetent help, state violations, lawsuits and unprofitability:

    http://www.heralddemocrat.com/hd/Shermanhospitalfiles

    Ocean View convelescent in Long Beach, Wa closed suddenly 2 years ago because this branch was unprofitable. 68 staff let go and all patients sent home to family or to distant facilities. Obama care makes care facilities recertify patient care personnel every single month, a huge increase in costs per facility. Situation is getting gradually worse as state, county and federal aid declines. More research of trends and healthcare reits, you'd better do you own dd.

 
OHI
33.45-0.33(-0.98%)9:35 AMEDT