Excellent analysis as always tangerine.... BUT... you just used the PPO business.... The Work Comp Business is still a 100 million dollar per year Revenue Generator....
There will be plenty of profits on that also, and even more as NexGen gets more in-house billing and less and less factoring...
Now you see why I have said this stock should be over .25... But not to worry... just like ELT* , It will be!