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About New York Health Care
Its shares trade under the ticker BBAL. It has been listed since 23 December 1996. In the fiscal year to 31 December 2007, it reported revenue of $44.4m and a net loss of $1.1m. At that date it held total assets of $12.4m and shareholders' equity of −$2.8m.
New York Health Care, Inc. provides a range of home health care services and offers reliable home non-medical companions and senior care services in New York and surrounding areas. The company is headquartered in Valley Stream, New York. The firm offers home non-medical companions and senior care services in New York and surrounding areas. The firm's home care professionals provide companions, home health aides and other nursing services. Its services include medication reminders; meal preparation; light housekeeping; household organization and tasks; accompany to medical appointments, family gatherings and senior centers; socialization, pre/post-surgery transportation, mental cueing, companionship, conversation, safety supervision, and assist with hobbies, family albums and gardening, among others. The firm's home care services include consumer directed personal assistance program (CDPAP) services, elderly companionship services in New York, geriatric care, insurance, management services, registered professional nurses, licensed practical nurses, baby nurses and care givers, and infusion therapy nurses.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Health Care
- Industry
- Health Care Providers & Services
- Listed since
- 23 Dec 1996
- Employees
- 1,460
- Website
- nyhc.com ↗
Leadership
Pay as last reported
- Murry EnglardChief Executive Officer, Director, since 2005$43,646
- Stewart RobinsonChief Financial Officer
- Dr. Howard BergDirector
- Yoram HacohenDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- New York Health Care Inc. possesses a strong reputation and brand recognition in the healthcare industry, which allows it to attract high-quality healthcare professionals and patients. The company has a vast network of healthcare facilities and specialized departments, enabling it to provide a comprehensive range of medical services to the community. Additionally, New York Health Care Inc. has adopted advanced technology and innovative medical equipment, enhancing the efficiency and effectiveness of its healthcare services.
Weaknesses
- Despite its strengths, New York Health Care Inc. faces certain weaknesses that it should address. The company may struggle with bureaucracy and slower decision-making processes, hindering its ability to adapt to rapid changes in the healthcare industry. Moreover, New York Health Care Inc. may need to improve its communication and coordination among different departments and healthcare professionals to enhance patient care and satisfaction.
Opportunities
- New York Health Care Inc. operates in an industry that continuously offers opportunities for growth and expansion. The company can explore partnerships and collaborations with pharmaceutical companies, medical research institutions, and technology firms to innovate its medical treatments, develop new drugs or therapies, and improve patient outcomes. Furthermore, the increasing demand for telemedicine and remote healthcare services presents an opportunity for New York Health Care Inc. to expand its reach and provide healthcare access to individuals in rural or underserved areas.
Threats
- New York Health Care Inc. must be aware of the threats it faces in the competitive healthcare landscape. Intense competition from other hospitals, clinics, and healthcare providers may put pressure on the company's market share and revenues. Additionally, changes in government regulations, reimbursement policies, and healthcare laws can significantly impact New York Health Care Inc.'s financial stability and operational processes. The company should also consider the potential risks associated with data breaches and cybersecurity, as patient data privacy and security are crucial concerns in the digital age.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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