Latest financial report- The harbinger is knocking

knock knock

 

Given the VERY poor level of veracity in this board. You need to give far more details to this to be any credible.

 

No one can predict of ADX will lose one of its managed care contracts, however one of the contracts that has been paying the highest reimbursement rate is up for renewal in or about June. It would be safe to say that the new rate will not be nearly as high as it is now. If you take some time to read the financial reports or investor phone calls, you will learn that this one contract is a large part of the FL revenue and a significant part of the overall income for ADX Dermpath.

Its not hard to develop an opinion as to how this could have a large negative impact on the bottom line since ADX is already borrowing on its credit line to pay its daily operations.

 

Now, that makes sense. Thanks for the info.

 

That's not it. We are flat out losing Humana on June 30th.

 

go back to sleep wes

 

i heard everyone is losing humana except quest.

 

That contract is pretty insignificant to the overall bottom line compared to the one I am referring

 

Can you tell us what you know?

 

Quest and Labcorp in, GBP, Bostwick out

 

Aurora is out also, the nail in our coffin