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Re: Moni001 post# 4315

Friday, 03/02/2018 7:46:00 PM

Friday, March 02, 2018 7:46:00 PM

Post# of 174451
Totally untrue. "Rnva is supposedly projected to make $60M+ a year..."

Define "make." If you mean a GAAP audited"profit," RNVA is unlikely to break even in the foreseeable future. They lose tons of money now and the potential new Jamestown Tenn acquisition loses about $2.5 million according to the American Hospital Association directory.

Both hospitals are in impoverished Appalachia so there's little chance of a turnaround. That's why the hospitals are available cheaply... almost for free. RNVA has virtually no experience in hospital management.

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