Category: Health Care News

Nobilis Pushing Strong Trends Heading Into 2016

Even though the worldwide market has seemed to struggle throughout 2015, we have seen a trend of upward movement in Healthcare management due to some companies such as Nobilis Health Corp. With the uncertainty of health care in general, investing in any health care makes for sweaty palms for many financial institutions. High costs of nearly every aspect of healthcare has made many unsure about the health market as a solid play in the future. Noblis Health Corp is slowly changing this with trend setting moves. Noblis operates facilities specifically dedicated to outpatient procedures. They oversee and seven different outpatient surgical facilities in Dallas, Houston, and Scottsdale and contracts partnerships with six additional facilities in Arizona, Oregon, Michigan, Minnesota, Tennessee and New Jersey. What does this mean to us? These partnerships provide easier access to care for patients that do not require major surgical procedures thus reducing costs associated with larger medical facilities that aren’t necessarily needed for these simple out-patient procedures. They have achieved these through solid structure of Healthcare acquisitions that will continue to push results into 2016. One of these acquisitions was obtaining a 60% stake and management control of the company formerly known as Freedom Pain Hospital. Another strong move was closing a $25 million debt financing facility with GE Finance, which will provide a new revolving line for working capital that is expected to repay some of the indebtedness. This will ultimately reduce average borrowing costs while streamlining the capital structure. These cost reductions will inherently be passed down to the patients and result in a more stable cost structure for Healthcare Institutions. With the market on what seems like a roller coaster ride, Noblis has had some fluctuation but has put up strong number with a 200 Day Moving Average price at $6.23. Over a one-year span shares have rallied 375.21% from it lowest point on yahoo finance. Noblis has been tagged as being a very strong buy because of the recent moves they have made.