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The trend can be your friend??
Revenues 2021 $3.2M
Revenues 2022 $13M
Revenues 2023 thru 3 Q's $14.8M
Ready to see them raise the curtain on that 4th Q and Q1 for 2024...They were pacing to be some of the best Q's in the history of this company.
imho
mj
Maybe profits is how they are staying open???? Great when the media starts taking notice. :)
https://www.wvlt.tv/2024/05/21/one-east-tennessee-medical-center-finds-ways-stay-open-amid-surge-hospital-closures/
imho
mj
Its all about the Fixed Costs! https://www.forbes.com/sites/gebai/2024/01/21/rural-urban-healthcare-access-gap-its-all-about-the-fixed-costs/?sh=35638a326288
imho
mj
https://www.indherald.com/2024/01/25/lefwich-elected-scott-county-chamber-president-for-2024/
Lefwich elected Scott County Chamber president for 2024
Independent Herald
By
Independent Herald
01/25/2024 2:28 PM EST
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Officers of the Scott County Chamber of Commerce for 2024 are Hal Leftwich, President; Linda Byrge, Vice President; and Sheneka Burchfield, Treasurer.
Big South Fork Medical Center CEO Hal Leftwich will serve as president of the Scott County Chamber of Commerce in 2024, while Linda Byrge of For the Love of Paws will serve as vice president.
Those were the nominations submitted by the Chamber of Commerce’s Nominating Committee to the Board of Directors at Thursday’s annual meeting, which was held at the Scott County Senior Citizens Center in Oneida. Directors approved the nominations by an all-aye vote.
The outgoing officers were Roane State Community College campus director Sharon Wilson as president and Independent Herald’s Ben Garrett as vice president.
Sheneka Burchfield, marketing director at First National Bank, will serve another year as treasurer.
Three new faces were elected to the Chamber of Commerce’s Board of Directors at Thursday’s meeting, including Ralph Trieschmann of Timber Rock Lodge, Jagger Coffey of S.T.A.N.D., and Dianna Massey of Integrity Tax Service.
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Retiring directors were Cheryl Cribbet and Virginia Bruce. Also vacant was the director position of the late Wayne King, who passed away in December.
The rest of the Chamber’s board of directors remained the same, as directors whose terms expired in 2023 were nominated and elected to new terms.
The guest speaker at Thursday’s annual meeting was Eagle Scout Elijah West, a student at Scott High School.
Integrity Tax Service was awarded as the Chamber of Commerce’s Business of the Year for 2023.
Finally, Wayne King was formally presented as the 2023 Independent Herald/Scott County Chamber of Commerce Person of the Year. Attending the meeting were his wife, Kim, his daughter, Tara, his son, Corey, and his sister, Kathy West.
imho
mj
Bring the noise!!!!
Imho
Mj
BRING THE NOISE!!! RNVA
IMHO
MJ
Does Jellico come back into the fold? Que the Jeopardy music. Doo doo dooo dooo doo do dooooo.
Imho
Mj
The best way to solve share structure and debt issues is profitability...Hopefully thats the case when the numbers drop. The media in Tenn is already picking up on the fact BSFM stays open when others continue to close down. So you're saying we have a chance!
Imho
Mj
Mornin all...Bring the Noise..!!
Imho
Mj
Bring the noise!!! Rnva
Inho
Mj
BRING ....THE....NOOOIIISE!!!
IMHO
MJ
BRING THE NOISE!!!
IMHO
If its a pay per post deal..you can reply with anything and help out..lol.
Imho
Mj
Bring the Noise!
IMHO
Yea but BSFM has enough money to stay open...and they came up with $220k cash in a blink to regain control of Jamestown. Usually money is enough to help push thru almost whatever the obstacle is...usually. I agree the sudden lack of communication is concerning...but I am not concerned to the point of panic yet lol. I don't know but this has a different feel to it from typical penny stock scams...IDK...guess we will see sooner or later.
Imho
Mj
nteresting...a final blowout?
Imho
Mj
RNVA... Beat the Drum and Bring the Noise!!!
Imho
Mj
Yea I wonder if Nanci will have anything to do with INQR also...
https://markets.businessinsider.com/news/stocks/new-automated-mobile-technology-to-support-patients-launches-at-rural-tennessee-hospital-1032722642
Is it just filings we are waiting on...or might there be some other surprises incoming in time?
Imho
Mj
RNVA I can only hope this ticker has some how been naked shorted by mm's behind the scenes over the past year...if it has and if retail were to have some big reasons to come into this strong...the volume surge on the cover would be something obscene. That volume display would likely get the attention of many more.
RNVA Bring the Noise!!!
Imho
Mj
Nice early volume today. Test the reload today?
Imho
Mj
Morning all...Bring the Noise...!!!
Imho
Mj
Bring the noise!
imho
mj
BRING THE NOISE!!!!!!
Yes the CEO seems to be doing a great job here. The turn around in the financials since 2021 has been nothing short of stellar. When does the slack in the share price get picked up...IDK?...but I'll be here when it happens.
imho
mj
Looking like a geat start to the week! Volume off and running early. Do we test the reload again today?
imho
m
Mornin all! We know CAH is in play here and its all about the fixed costs...per Forbes... https://www.forbes.com/sites/gebai/2024/01/21/rural-urban-healthcare-access-gap-its-all-about-the-fixed-costs/?sh=5d143d4d6288
We know they had access to $220k at the drop of a hat... https://newstalk941.com/renova-healthcare-owns-former-medical-center-again/
And we know they are bucking the trend and keeping their doors open when so many hospitals are closing... https://www.wvlt.tv/2024/05/21/one-east-tennessee-medical-center-finds-ways-stay-open-amid-surge-hospital-closures/
All of this would lead one to believe their the fins reported during Q's in 2023 were more accurate than not and that at some point we will see audited results for the period. No idea as to what the hold up might be. But if they are indeed profitable there are definitely some interesting options we could speculate on.
Maybe this is the week we get some new reading material?
imho
mj
I have been wondering about a co buyback for months now. Most that don't take the time to actually look into the turnaround here would see the huge OS and the history of reverse splits and pass this ticker right by. But some days there are a few hundred million bought out of no where. Here this shows the avg volume at almost 50M per day for the past 60 days. In the past this number has been higher. For a ticker with the history of this one and sitting at no bid for a year or so I don't know if there would be that much retail interest. I guess it could be? I just had a feeling some of it was from the company. Or maybe its just wishful thinking on my part..IDK.
Maybe this will be 10k and 10Q week and we get some answers? I wonder if they are one of the 5 groups in the running to become the operator of Jellico. I wonder if that is why they haven't yet made any moves to reopen Jamestown?
https://www.wsj.com/market-data/quotes/RNVA/historical-prices
imho
mj
Thank you for the update. While the Wizz news is a bit discouraging I do like the look of that Bluebox group. That looks like a promising arrangement. Maybe we will get a new video interview from Hamburg this coming week?
imho
mj
Weeeee. https://www.wvlt.tv/2024/05/21/one-east-tennessee-medical-center-finds-ways-stay-open-amid-surge-hospital-closures/
Tomorrow starts a new week :)
imho
mj
I wonder if Rennova is in this mix...the Mayor has met with 5 different entities...they hope to have something in place within a few months.
https://www.themountainpress.com/lafollette/jellico-mayor-has-met-with-five-different-entities-in-search-for-new-hospital-operator/article_4ca2fe3d-f89c-5bac-b82a-fa66d9c9008f.html
imho
mj
I think I was able to get 500k or 600k so far at .00005. Hopefully those turn out to be the bargain of the century when this thing moves. :)
imho
mj
I don't see it now on etrade?
imho
mj
LoL yup I'm with ya. I had 2 goals in mind...got to the first...then ended up having time to get just about to the 2nd by chipping away over the last month or 2.
imho
mj
Gotcha, gotcha..I need another 2.5m myself to get to a nice round number for me. I'll probably add them soon. I likely won't add anymore after that.
imho
mj
Is that you? Retail? or the Company? Either way its nice to see more shares being soaked up.
imho
mj
"While they await to hear news if someone can run Jellico"...The news keeps mentioning that BSFM has found a way to stay open in the face of many closures. Are they starting to put the heat on the city to get Rennova Health back in there? One thing is clear...they seem desperate to get that hospital back up and running soon. Also we know whatever is going on with Rennova...Jamestown is also part of it...whether there is a merger or acquisition in the works or if they are just continuing on the recovery path started a few years ago.
https://www.wvlt.tv/2024/05/22/campbell-county-mayor-explains-what-losing-jellico-hospital-means-community/?outputType=amp
imho
mj
Sounds good to me. Bring the noise. In the mean time this was nice to see. https://www.wvlt.tv/2024/05/21/one-east-tennessee-medical-center-finds-ways-stay-open-amid-surge-hospital-closures/
They are starting to get noticed.
imho
mj
Uh Ohhh..Looks like the media is picking up on the fact that BSFM is just a little bit different.
BUCKING THE TREND THEY SAY?!?
One East Tennessee medical center finds ways to stay open amid surge of hospital closures
Big South Fork Medical bucks trend of rural hospital closures.
A group of police officers in Iowa stepped in for their fallen comrade by attending his daughter’s graduation. (KCCI, CNN, The Gowrie News/Family Photos)
By William Puckett
Published: May. 21, 2024 at 7:35 PM EDT|Updated: 16 hours ago
ONEIDA, Tenn. (WVLT) - In an age where rural hospitals in Tennessee are closing at breakneck pace, one in Scott County is bucking the trend.
Big South Fork Medical in Oneida had closed several times over the years, but it found a groove.
”That’s pretty much true of any hospital, big or little, the challenges are just a little different,” said Hal Leftwich, the CEO of Big South Fork Medical.
Leftwich is talking about the struggles his hospital faces, but he said the separation between little and big hospital isn’t that far apart these days.
”Finding qualified and licensed people and being able to afford them,” said Leftwich.
The CEO’s career spans more than four decades, the majority of it in rural hospitals.
”We’ve seen here some of the things that are good and some of the things that are challenges,” said Leftwich.
Leftwich is finding ways to get creative in Oneida, working on payouts from insurance and reclassifying bed space.
”We have a lot of good points to make with the insurance companies. We’ve been fortunate to be considered a critical access hospital, which puts us in a different Medicare category and pays us a little differently,” said Leftwich. ”We’ve started a program we call “swing beds” which are kind of like skilled nursing type beds but we use hospital beds.”
Leftwich exemplified the swing beds as a way to better care for patients, keep money flowing and take the strain of hospital partners in larger metro areas.
”The idea from the larger hospital is we can help them because they’re trying to control their length of stay because they need the bed to turn over for another patient. They’re busy, so they can send that patient back, which helps out the patient and the family,” said Leftwich.
While work doesn’t finish and Leftwich still has positions to fill, this could be a road map of sorts to making rural healthcare work in an era where it’s becoming fewer and further between.
Copyright 2024 WVLT. All rights reserved.
https://www.wvlt.tv/2024/05/21/one-east-tennessee-medical-center-finds-ways-stay-open-amid-surge-hospital-closures/
imho
mj