Post by
qwerty22 on Aug 02, 2023 1:39pm
October
So it seems the promise seems to be things will be clarified in October. So until then it seems there'll be nothing to do on this board than argue with Mitch. Great!
Stuff I took from the webinar.
1) I still don't fully understand what gets talked about in press releases with regard to onboarding of patients but it's a little clearer now. Take the Mexico contract. That was headlined with 10,000 patients onto the system in the first year but in terms of actual revenue generating patients it sounds like a very niche few getting "concierge" services which might mean only dozens or hundreds of actual revenue generators. Having some scaling factor to convert these headline 10,000 patients into actual cash generating patients seems like a pretty big part of the puzzle in understanding the short/medium term trajectory of this company and dealing with the seeming endless disappointments. I would call this another bottleneck in the process from our perspective given we don't have a clear insight, she seems to understand it as potential in the pipeline. I think resolving this would be helpful. At least she's started to talk about this publically which is progress. I think this doesn't just apply to the Mexico contract. The "staged" nature of client rollouts means that all these headline patients in the system numbers need to be significantly scaled back if we are trying to understand th3 short/medium term impact on revenue.
2) Seems to be that she's pushing the impact of adherence improvement on actual revenue back to the 2nd half of CY 2023. That always seemed likely. I'd decided in my mind that what they announced at the start of 2023 about improvements in adherence probably should have been understood as a 'pilot project' and that implementation of the new company based adherence process would be rolled out across the whole platform thru 2023. Her language suggested to me they are still firmly in the middle of that process. Adherence is NOT at 70% now, that's still a future orientated goal.
I think we have to probably see the whole of 2023 as a transition period (maybe forever transition with these types of companies) and if we are lucky we'll start to see the trajectory in October.
I thought she made some very big promises for how things will change from October onwards in terms of insight into the company. We'll see whether that pans out. Or alternatively (Mitch) move on!
Comment by
EdinColorado on Aug 02, 2023 2:53pm
Surely hoping to see more contracts announced prior to October. Am putting the folks hurling insults at each other on snooze for a bit and decrease their audience by one.
Comment by
Peggy123 on Aug 02, 2023 5:10pm
What. Of course there will be,probably this week or next at most. Due to the holiday is why im not certain. Papi
Comment by
Peggy123 on Aug 03, 2023 8:43am
HMMMMMMM Papi was right about a NR Papi In Papi we trust
Comment by
Differentfleas on Aug 04, 2023 6:04am
In Papi we trust to be wrong and LOSE money!!
Comment by
Peggy123 on Aug 04, 2023 8:22am
You are such a ROOKIE Papi
Comment by
ol_griz on Aug 04, 2023 2:03pm
Surely I must be one of the last to put this doofus on ignore. What drivel.
Comment by
EdinColorado on Aug 04, 2023 3:05pm
We all needed a break. Some people come to this site to quarrel rather than to comment. For the rest of us, it is easy to tire of listening to it.
Comment by
Peggy123 on Aug 04, 2023 5:04pm
I dont know if your refering to me, at least i contact Scott from IR and post my questions and his replies to share on the board. Papi
Comment by
Mitch43 on Aug 05, 2023 11:33am
I wholly disapprove of what you say, however I will defend to the death your right to say it.” Voltaire [ French philosopher of the enlightment period- XVIII century]