Nobilis Health A Top Pick & Shining Star

Nobilis Health A Top Pick & Shining Star

Nobilis Healthcare company is a full-service healthcare development and management firm. Trends show the company has been quite successful and achieved high organic growth the past few years. Nobilis Health owns and operates ambulatory centers all over the United States. Worldwide markets are down substantially heading into the fourth quarter of 2015. Despite this a comprehensive report from Mackie Research Capital dedicated to their analyst’s top picks for Q4, Russell Stanley says Nobilis Health Corp. (NHC-TSX) is his pick. In his own words Nobilis is “bucking this trend” of declining stocks. At the time the report was published in October 2015, Stanley predicted a 72 percent return on investment for stockholders owning shares of Nobilis. He believes that the rise in obesity and aging population contribute to a better financial picture than what had been anticipated for Nobilis. He also credits the company’s strong track record when it comes to merger’s and acquisitions and although not the only acquisition a notable $7.5 million dollar cash acquisition in September 2014 of First Nobilis Hospital is recognized. The analysts on Yahoo Finance also said their are macro trends supporting this prediction of growth for the company. The company has shown strong financial growth over the past few years and was able to close on a $25 million debt financing facility with GE Capital, Healthcare Financial Services.The funding of the $25 million facility, which closed on March 31, 2015, includes a $20 million term loan and $5 million revolving loan. The deal includes a working capital line of credit and a plan to use the facilities to help grow in addition to paying off other indebtedness. As of March 2015, Nobilis owns and manages ten healthcare facilities, a surgical hospital, six ambulatory surgery centers, two MRI centers and an urgent care center all in the United States. Nobilis also has marketing relationships with 16 additional surgical centers across the US. If you are looking for an outstanding company to invest in you should check out Nobilis Health, they truly are a shining star in their field. The primary goals of the company is to provide better access to care and patient outcomes due to non invasive procedures offered at the centers across the United States. They also use direct to patient marketing strategies to increase their outreach and patient engagement. With the right goals in mind, the financial success seems to follow.