![]() However, training may be available on how to seek out the best options. They have made quality connections a priority as they work to support franchisees with the same care they expect franchisees to show clients and staff.įranchisees generally need to seek out clients and staff. ATC Healthcare services may fill a need that will exist for a long time. Healthcare is an important industry with a seemingly continual need for staff. What Might Make an ATC Healthcare Franchise a Good Choice? Franchisees should also have a desire to put people first and to be involved in the community.ĪTC Healthcare has been ranked in Entrepreneur's Franchise 500 based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. Some essential qualities for franchisees include compassion, positivity, and leadership. ![]() This may also be an excellent opportunity to improve the healthcare system for franchisees who are leery of needles or queasy around blood they can focus on providing the staffing, not being the staff. Why You May Want to Start an ATC Healthcare FranchiseĪTC Healthcare franchisees don't need healthcare or staffing experience, as they can receive training and support from the company. ATC Healthcare uses a screening process to find matches likely to benefit both workers and facilities mutually.ĪTC Healthcare began franchising in 1996 and has since expanded to over 30 franchises throughout the United States. Meanwhile, healthcare workers may use the firm's flexibility to find full-time work or a side gig. Healthcare facilities may receive qualified staff whom ATC Healthcare has screened. They aim to make good patient care possible by helping people across various locations, from schools to hospitals. Founded in 1983, ATC Healthcare strives to staff healthcare facilities, and works to help workers and facilities meet their needs. The carrying values of ATC’s tower portfolio and network location intangible assets in India were at $905.8 million and $266.7 million, respectively, as of December 31, 2022, representing 10% and 8% of its consolidated balances of $8.8 billion and $3.5 billion, respectively, the US company said in its filing.ĭon’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.ATC Healthcare is a staffing firm that matches qualified healthcare workers with facilities that need them. The US tower company has also warned that any significant cut in its customer-related cash flows in India could also impact its tower portfolio and network location intangible assets in the country. “…if our customers are unable to raise adequate capital to fund their business plans or face capital constraints, they may reduce their spending, file for bankruptcy or reduce or terminate operations, which could materially and adversely affect demand for our communications infrastructure and our services business,” ATC said. Without directly naming Vi, ATC said in its international operations, many customers are subsidiaries of global telecom companies, and that these subsidiaries may not have the explicit or implied financial support of their parent entities. Its cash balance was a paltry Rs 160 crore at December 31, 2022, while net debt stood at around Rs 2.22 lakh crore. ![]() ![]() Vi has also been having trouble clearing dues of over Rs 7,000 crore of another tower company, Indus Towers. Vi owes ATC an estimated Rs 2,000 crore.Īt Vi’s fiscal third quarter earnings call, chief executive Akshaya Moondra said the loss-making telco needed to first get its long-pending external funding to be able to make investments and improve its operational cash flows before addressing vendor payments. The proceeds are being used to clear the US tower firm’s dues. Late February, Vi had allotted optionally convertible debentures (OCDs) worth Rs 1,600 crore to ATC TIPL. In its SEC filing, ATC said Vi may not be able to meet its operating obligations, including future payments, which may result in ATC incurring additional impairment expenses, hurting its business and results of operations. The US tower company did not reply to ET’s queries on the status of its planned stake sale in India as of press time Tuesday. But a combination of rapid consolidation in the Indian telecom market and the continuing inability of Vi to clear its contractual dues have posed business challenges for ATC. Over the years, ATC had made huge bets in India, expanding its towers portfolio aggressively through acquisitions to 76,826, as of end-December 2022. ![]()
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