Thursday, February 21, 2013 3:29:17 PM
key messages:
rios agreement - they are evaluating effectiveness and putting together a strategy going forward. they are waiting on a decision on an appeal from 12/12
their goal is to sell 10-15K machines/year. i did not hear this but i did miss a couple minutes of the presentation here and there. this is a rather BOLD statement by Dr. Ma as he is overly conservative.
they wanted to focus on cost advantage of EECP over invasive alternatives as a benefit from a cost perspective to Medicare/Medicaid (this is critical for acceptance and "paradigm change" with CMS)
on insider buying - Dr. Ma expressed frustration that he has not been able to buy and is waiting to be able to. very limited buying windows since there are numerous "material events" going on at any one time.
if you havent seen the presentation - it is still available. s ome good info on how they view the competitive market and their expectations with GEHC going forward. they are looking at other complementary agreements right now.
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