New York Health Care(OTC) BBAL

New York Health Care, Inc. is a dedicated provider of in-home care services, primarily operating within the state of New York. Established in 1983, the company offers a comprehensive array of personalized support services, including companionship, domestic assistance, and professional medical oversight.

Products and Services

• In-home companionship and domestic assistance
• Professional medical oversight from licensed nurses
• Specialized care for seniors, including dementia support

Growth Outlook

• Increasing demand for in-home care services in New York
• Expansion into specialized geriatric care services
• Potential for growth through ancillary insurance solutions

Financial Highlights

• Recent quarterly revenue of 10.59 million USD
• Trailing twelve months gross profit margin of 17.5%
• Operating income of 220,851 USD in the latest quarter

New York Health Care, Inc. operates in the healthcare sector, focusing on providing essential in-home care services. The company has established a strong presence in New York, catering to a growing population of seniors and individuals requiring specialized care. With a dedicated workforce of approximately 1,460 employees, the company is well-positioned to meet the increasing demand for personalized healthcare solutions. The growth outlook for New York Health Care, Inc. is promising, driven by the rising need for in-home care services. The company is also exploring opportunities to expand its offerings in specialized geriatric care, which is expected to enhance its service portfolio. Additionally, the potential for growth through ancillary insurance solutions presents a strategic avenue for revenue diversification. Financially, New York Health Care, Inc. reported a revenue of 10.59 million USD in the most recent quarter, reflecting its operational capabilities. The trailing twelve months gross profit margin stands at 17.5%, indicating effective cost management and service delivery. Furthermore, the company achieved an operating income of 220,851 USD in the latest quarter, showcasing its ability to generate profit from its core operations. Overall, New York Health Care, Inc. represents a compelling opportunity within the healthcare sector, particularly for those interested in the growing demand for in-home care services. The company's established presence, diverse service offerings, and positive financial indicators contribute to its potential for future growth.