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[Potse]

MRDH(.0021)...might be worth monitoring.....

MRDH is an extremely high-risk investment, but it might be worth placing on a watch list just in case something is happening on the corporate level or in case the stock gets another push sometime this year. The stock has had some impressive/wicked swings in price over the last couple of years or so, and it would not surprise me if that type of movement occurs again.

A few weeks ago the OTC profile share structure was updated on both MRDH and its sister stock (ICCO). I think it has been 6+ years since the last time the structures were updated. MRDH's new number reflects about a 50M increase. I can't recall what ICCO's previous number was, but I think the new number is a similiar or slightly higher increase than MRDH.

Something that has caused my eyebrow a raise a little bit recently is the fact that during the month of June ICCO placed two job postings. One was for a sales representative and another was a general posting seeking business partners and distributorships. This was extremely unusual because in all the years that I have followed or owned MRDH/ICCO I have never seen the companies post any job listing on any mainstream job placement website.

Also, I am not 100% certain about this but a couple of months or so ago I remember checking on the California business status of ICCO and the database showed it as being "inactive". It now shows up as being "active".

MRDH's primary business activity involves managing a multi-state Accountable Care Organization, with the majority of its patients in Florida and California. The Centers for Medicare & Medicaid Services(CMS) releases ACO perfomance data for the previous year around August/September each year. The performance of each ACO is measured against its individual benchmark. While this data does not reflect the actual financial performance (revenue, net income, or net loss) of each ACO management company, it can give you some glimpse of how effective or ineffective the ACO has been.

I have had difficulty accessing the CMS database recently, so the numbers below are as best as I can remember when I checked on Meridian Health Systems ACO last year. The performance of MRDH's ACO has shown significant improvement over the last 3 years. It has gone from a negative $14M (2013), to a negative $5M (2014), to a positive $250K (2015). I don't recall what the total amount of medicare-related services that MRDH's ACO provided during 2015, but the number in 2014 was over $170M.

http://mhsaco.us/