RE:RE:Guidance for Q123 2.5% organic growth! low growth&marginsStop misleading with half truths....
Prasath Pandurangan
Good morning. Congrats on the quarter. First, just to confirm, have the benefits from the new CMS rates being fully captured in the 1Q guidance? If not, how much further growth in pricing do you see in the upcoming quarters?
Casey Hoyt
Yes. They are in the first quarter guidance. And as I mentioned, I mean, we have some – we have been rather conservative with our bad debt assumptions. We typically reserve at a higher rate in the first quarter than others if you'll go back and look and see last year. So, with insurance changes and reauthorizations and all kinds of things that hit us in the first quarter, we take a conservative view of that. But yes, they have been embedded in our numbers.
besttobe wrote: What is surprising, is that this guidance includes CMS CPI raise. In other words, growth other than the CMS price increase is less than zero. No wonder the huge selloff. It will take a few Q's before this VMD show me story can be told. Dead money until then....IMO