Quipt Home Medical Corp T.QIPT

From ER for Q2-24

[apainter]

Does this mean they lost business to competition-"Additionally, in certain regions, the Company experienced the withdrawal of Medicare Advantage (“MA”) members due to the capitated agreement engaged on with other providers in the industry."

[lscfa]

probably due to this      https://www.hmenews.com/article/humana-contracts-with-adapthealth-rotech  

[snootchybootchy]

But many seniors are apparently unhappy with Medicare Advantage because of excessive denials of coverage. I think many are reverting back to traditional Medicare. https://www.newsweek.com/medicare-advantage-seniors-negative-experiences-1861218

[lscfa]

might be a blessing in disguise. The MA patients Quipt lost to Adapthealth or Rotech may have been a source of high denials (bad debt) as the private insurers are unscrupulous and are denial claims that ordinary Medicare would approve.