RE:a day late and a dollar shortIf you believe this will happen,then sell your shares,move on and leave us to the disaster that's in store for us.Thank you.
uudamann wrote: MyHealth's revenues and margins float on a bed of over priced, over utilized, government funded cardiac imaging fees. Practising physicians in the field and thus in the know, are aware of overutilization and self referral. It is not uncommon dinner table conversation.
If the government, particularly in Ontario, which represents MyHealth's paymaster, ever decides to get off their fat duffs and take on the medical establisment on these issues by addressing the overpriced fees which are further driven by overutilization, then the music stops.
During 2008-2009 the US government and private insurers unilaterally smashed rich CT scan fees (including other exam fees) and bankrupted many imaging services.
Caveat emptor.