Joel’s pretend investment guide for April 28 2006:
Like private health care pioneer Dr. Brian Day’s private medical clinics (and others’ ) clinics in (bastion of liberal-left) Vancouver, Marcelin Chaumont finds a healthy market for private health care in (bastion of liberal-left) Gatineau/Ottawa. (Hat tip DC In YOW)
Someone ought to get Jack Layton of the you’ve got to be kidding party on the horn! Now he has another choice for his next private clinic visit! Private enterprise is neat, huh Jack?
I understand failed Liberal government former leader Paul Martin’s doctor’s private health corporation is also doing very well. It’s called Medisys Health Group (Toronto Stock Exchange symbol MHG) and last year reported a staff of 550 employees and earnings in excess of 81 MILLION dollars—a growth rate of 22 percent over 3 years. Clearly it’s a booming business. That compares very favorably against that huge government virtual monopoly corporation called “Canada’s North Korean-style Healthcare System” which is leaving some people dying and suffering and has the very real potential of bankrupting the nation in the not-too-distant future.
I recommend a buy on the MHG and a sell on the CNK-sHS.
Thriving private clinic in Gatineau is set to hire 2 more doctors, find larger building
Patients willing to pay $300 a visit, owner says
Dave Rogers, The Ottawa Citizen
Published: Friday, April 28, 2006A private medical clinic in Gatineau charging up to $300 a visit has done so well during the past year that its owner plans to hire two more doctors and expects to more than triple the number of regular patients by early 2007.
Marcelin Chaumont, 55, owner of Sentinelle Sante Health Group, said yesterday he also plans to move to a new building as the number of patients increases from 300 to about 1,000.
Before Mr. Chaumont opened the clinic on Taschereau Street in Hull in February 2005, he operated an occupational health clinic in Ottawa for 10 years. He heard about private clinics opening in Montreal in 2004 and decided to open one in Gatineau with one family doctor.
He doesn’t feel guilty about charging for medical treatment because he believes he provides a valuable service to some of the 25,000 people in Gatineau who don’t have a doctor. “Patients don’t mind paying for treatment because the amount we charge is about the same as you could pay at a veterinary clinic or your car dealer,” he said.
The Outaouais has had a doctor shortage for years. It’s become so bad that in 2005, the regional health department launched a $300,000-a-year drive to recruit new physicians.
But his clinic doesn’t just appeal to Quebec patients. He said about 10 per cent of his patients come from Ottawa because they can’t find a family doctor in Ontario. He plans to advertise soon in Ottawa in an effort to attract more Ontario patients because he expects the doctor shortage in Ottawa will get worse during the next two years as more physicians retire.
“I expect there will be more private clinics in Gatineau soon because there is room for them,” Mr. Chaumont said. “I heard another group wants to start a another private clinic soon.
[…]
Maybe the people are right. Maybe that’s what they want. Naw. Sorry. Couldn’t be. They must be drunk. The people must be stupid. The government’s always right. The government knows better than the stupid people. You are the stupid people. Carry on.
Vote liberal.
PTBC was founded by Mr. Johannesen in 2000.
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