Post by
DHC5and6 on Dec 02, 2024 8:19pm
Nothing New
I don't expect to see anything new until Jan 2025 when the The AMA’s valuation committee, the RUC, reconsider pricing for the CPT codes. Once they figure out what reimbursements, for less than 16 days of data is, Reliq can start doing revenue projections for 2026.
I also expect that there will be so consolidation in the RPM market once the adherence risk is reduced in 2025.
The posting of the financials, when they do occur, will just show the same old thing. The company just barely limping along, not making any money, with minimal cash reserves on hand.
Comment by
Canadian_101 on Dec 03, 2024 1:44pm
Well its better than them announcing they are going bankrupt and thats all folks.....there is hope they trade again and hope to get your money back if your invested allrready, personally I really thought they were toast .......
Comment by
Peggy123 on Dec 03, 2024 1:47pm
I never thought they were toast,bankrupt or anything else some people on boards have put out. Im a believer Papi
Comment by
ol_griz on Dec 03, 2024 4:18pm
Papi, I have always witheld judgement as to whether the company is doing real business and can survive. My annoyance is that the situation is tolerated by th BCSC and that shareholders are basically treated as inconsequential/like dirt. There just doesn't seem to be concern for accountability. Explanations for the delay have been opaque and utterly inadequate.
Comment by
Peggy123 on Dec 03, 2024 6:11pm
Griz I agree with your assessment, but i still think we will survive. Papi