Cerebrus Diagnostics
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If Cerberus is behind the recent debt relief... let's pray that what comes with it is a free look under the hood! There DC will be...with his Dickie Doo and hands filled with unearned loot. Perhaps their investment will lead to a house cleaning from the top down (well, not too far down...cause most of the crap has floated to the surface here!).
nobody, I mean nobody is dumb enough to bail this company out
1) 350 million dollars in debt
2) no quarterly, yes quarterly, profit in over 5 years
3) focused on the pennies of revenue models not the dollars of global cases
4) declining reimbursement rates, capitated agreements and physician owned labs stealing business from all
5) sub par docs
6) the uhc cuts we just took
There are way better companies to bail out, this one is a lost cause. Feel sorry for the employees but the industry will be better and less slimy when you go bankrupt shortly.
1) 350 million dollars in debt
2) no quarterly, yes quarterly, profit in over 5 years
3) focused on the pennies of revenue models not the dollars of global cases
4) declining reimbursement rates, capitated agreements and physician owned labs stealing business from all
5) sub par docs
6) the uhc cuts we just took
There are way better companies to bail out, this one is a lost cause. Feel sorry for the employees but the industry will be better and less slimy when you go bankrupt shortly.
Separately, Aurora reported a net loss of $16.2 million for the rst quarter ended March 31, 2017 compared with a net loss of $7.6 million for the same period a year earlier; revenue declined to $67.8 million versus $68.8 million. Revenue at the practices Aurora operated for the full periods in both first-quarter 2017 and first-quarter 2016, fell by approximately 4%, including a 3% decrease in accession volume and a 1% decrease in average revenue per accession.
2016 Laboratory CEO Compensation
Daniel Crowley, 69,
Chairman & CEO $1,200,000 $0 $0 $0 $1,200,000
-Laboratory Economics, May 2017
2016 Laboratory CEO Compensation
Daniel Crowley, 69,
Chairman & CEO $1,200,000 $0 $0 $0 $1,200,000
-Laboratory Economics, May 2017
Lies. Untruths. Fake News. Everyone knows Danny Dickie Do is well into his 70s.
Where's Waldo? Get the trophy and head back to your comfy corner
You all need to do something productive with the free time you have
Go bash your neighbor. Live a little
Go bash your neighbor. Live a little
Not looking good....... Taking it on the chin with this one......
Taking it on the chin how? I'm confused.
Has anyone seen a financial statement in the last 6 months?
Has anyone seen a financial statement in the last 6 months?
3% down Q1 over Q1 after several lab purchases..... Who's hurting us more? DC/BW or GPA
Lab Economics, June 2017: "So Aurora now has about two years (till July 2019) to try to figure out how to get out from under the $412 million of total debt it is carrying at a cost of more than $40 million per year in interest payments."
Good luck, HAHAHAHAHAHA!!!!!! LOL!!!!!! I can figure out a way to get $4M of wasted spend off the books: DC ($1M), BW ($550k), MN ($450k). Toss in another $2M for all of DC's leeches, consultant parasites, backroom handouts, expenses/jet fuel and relatives. Now all we need to do is cover the other $408M. Where else do a bunch of useless part-timers get rewarded for such a glaring absence of accountability, ineptitude and complete lack of insight?
Those 3 clowns pull in 2M/yr + peaks!!!!!!!!