RE:RE:RE:Healthcare tradeFrom the Jan. presentation on Concertis below -- nothing in terms of hard numbers on the contribution of Concertis but I believe it is more of a 2017 story, if we get through Q4 earnings unscathed, 2017 should be a materially different year than 2016, still unimpressed with mgmt and frustrated with the state of affairs :
Concertis
A Technology Platform that Transforms Healthcare Delivery o Concertis connects providers with payors to implement new reimbursement methodologies focused on patient outcomes
o This is effectively an in-network model at higher than in network rates and accelerated payment timeline
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Payor
Ancillaries Surgeon Facility
Concertis Products: o Clinical Integration Network Formation and Administration o Population Health Management o Care Coordination
“Bundled payments are the future of reimbursement in medicine. At Nobilis we are well-positioned to take advantage of this." -Dr. Neil Badlani, Chief Medical Officer
Aligning Payors, Providers, and Facilities
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Concertis Aligns Payors, Providers, and Facilities
oOpportunity to enhance relationships with commercial payors and develop relationships with self-insured employers oGreater savings on bundles than large, acute-care facilities oPhysicians encouraged to cooperate for enhanced revenue incentives oRepresents a significant marketing opportunity
Volcom370 wrote: An update on Concertis would definitely make myself feel better.
Mickey2 wrote: Why do mgmt need to provide an update on the latest acquisiton? To make you feel better about your investment? They just announced it for goodness sake. Give em time to execute. No more guidance please. Not for 2016 and certainly not for 2017. Buffet said long ago, if the stock market closed for 1 yr, would you be comfortable holding the stocks you purchased? If the answer is no, then sell your HLTH shares and take a taxi to the bank and get yourself a GIC at 1%