It's official: True Health is going under

News just broke

https://www.richmond.com/business/local/blood-testing-lab-in-downtown-richmond-in-former-hdl-headquarters/article_a1fce89b-b015-59cd-85b1-ba2be3348ac0.html

 

you a little late to the party, I already cashed out weeks ago and invested in cryptocurrency. The healthcare industry will be unrecognizable in 5 years.......any person with an IQ above 120 knows this. That is why people are getting out.

 

Huh? Troll.

 

Anyone care to elaborate on more info!
They filed for chapter 11 and is now under investigation for medicate fraud. Any more news?

 

Yeah, cheater lab buys HDL, the biggest cheater lab, and they get caught for cheating. What else is there to the story? DIrty shit continued. I think it’s hospital lab outreach sham that got CMS involved. Sham lab billing through hospital’s chargemaster.

 

ya ya, medicate is gonna get them bad

 

whats the word on the millions of payouts to execs and stakeholders?

 

Please elaborate. Payouts to execs?

 

Is boston heart next? when?

 

https://www.cpmlegal.com/assets/htmldocuments/Declaration%20of%20Jack%20Geren.pdf

 

Any new updates?

 

What small diagnostic lab will step up to the plate and take their business?
Certainly not Boston Heart or Veridia,
Cleveland Heart? Salveo? Vibrant?

 

Doubtful - all large payers have TH under investigation and CMS hold can’t be overcome.

 

if you're going to want advanced lipid testing you're going to have to get it from LabCorp or Quest

 

Heard boston heart is closing....

 

I doubt Eurofins will close the door on BH with the TH business waiting to be taken unless there are some heavy fines coming against them.

 

Most TH business went to CH. The few pathetic BH reps left are useless. BH will be closed within months.

 

How can you capture the business from a company exiting the market when you’ve just shitcanned your whole sales force? You have 12 people trying to pick up the pieces, your President is about to be fired, your VP of sales was shipped to Viracor, where he will fail again, and the wheel goes round and round. BHD should be getting a boost in the arm picking up this business, like they did when Atherotech, LipoScience, and the others exited, and BHD picked it up. HDL too, that was easy business. If Boston Heart can’t survive after this, it’s another example of why Pat Noland needs to be fired. This is easy business, it’s up in the air and anybody can catch it. Instead they cut costs, that’s the Eurofins influence. They will kill the company by trying to retain costs, rather than aggressively pursuing business opportunities. They are stupid, and they are fucked. Anybody who stays there is putting their family at risk.

 

Well the dynamic dozen that remain are doing a good job. Whether they are able to grab some of this TH business will go a long way in determining their longevity.

 

Hey Pat, your "dynamic dozen" are all actively looking for new opportunities.....just like you.