This small-capital member of the Healthcare Facilities industry from Louisville, KY has got its business model just right. Profits during the Most Recent Quarter, one of the most difficult periods in recent times for most stocks, have grown by 47%. Interestingly, gross revenues have grown by just about 20% during this period. The implied Gross Margin improvement can only be because patients and their families value the home-nursing and assisted living services very highly.

The company serves Florida, Massachusetts, Connecticut, Ohio, and Illinois, apart from Kentucky. It is also present in Alabama and Missouri. Visiting nurse facilities are recognized by Medicare. Trained care-givers are available on hourly bases or as live-in professionals. The corporation operates through subsidiaries, and has judiciously used inorganic growth options to extend its operations. It manages more than 30 certified agencies. It has established an enviable reputation for quality recuperative services. The competition in this industry is also limited in view of the certain demand from senior citizens.

The stock price has reached $24.10 by the end of the second trading week of June 2008. This is against a 52-week high of $25.03. However, the Price to Earnings Ratio is just 16.15. The Beta is over 1. The corporation has grown much faster than its competitors over the last year. Interest Coverage exceeds 36 during this period, with Return on Equity over 26%.

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