OPCH - Option Care Health: Reopening With Strong Growth In Home Health Care Services
- Despite a small miss in recent earnings primarily attributable to a one off debt extinguishment, the company is set to grow on reopening.
- More profitable acute therapies, 35% of revenue, and referrals from specialists and physicians were muted during lockdowns.
- As the country reopens, the company is set to benefit extensively from its mergers, hospitalization referrals and discharges, and higher margin acute therapy referrals.
- Management has also reaffirmed its Cash Flow from Operations target of "at least" $140mln - a 10% increase on FY2020.
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Option Care Health: Reopening With Strong Growth In Home Health Care Services