RE: RE: NHC Grows 44 % in Q1/ Positive Operating eVery good summary.
The new cancer division headed by Dr Phan is interesting.
Apparently, Northstar acquired all of his interests, the reminder being owned by doctor-owners.
I think your average fee for SRT is way too low.
In Michigan, SRT usually costs between $12,000 and $55,000, including initial consultations, the drawing up of the treatment plan and between one and five treatments. The cost depends on the type of stereotactic radiosurgery, and the type and severity of the condition being treated. For example, the MidMichigan Health offers a package for self-pay patients for $24,063, including MRIs, radiology interpretation, the one treatment required and follow-up visits.
Using $24,000 would boost gross income for each center to about $10 million rather than $7.5 million.
Kramer is getting in on the ground floor for three of these .
Wonder how many more of these can Phan bring into his new cancer division.