TSXV:RHT.H - Post by User
Post by
Aei773ouon Sep 25, 2020 9:26pm
244 Views
Post# 31624505
My response to your “revenue calculations inside”
My response to your “revenue calculations inside”The NR 10,000 is RHT estimated max. ability to hookup to patients to iUGO. The uncertainty is how efficient paperwork can be obtained with patient consent, physicians and/or insurers approval. And then there is the Medicare red tape to iron out before Medicare’s acceptance.
Scott mentioned about the non linearity of the onboard going forward is a correct way to describe the complexity of the procedure. The last but not least to affect revenue coming in consistently is the Medicare checking for compliance to the billing codes before the release of reimbursement. It all about time. We don’t have any info on the contracts regarding when RHT will get paid by their partners, before or after their partners receive payment. I hope the management can disclose their fresh work experience with Medicare on the subject.