Replies to post #25367 on Praxsyn Corp (PXYN)

[HOT SPURS]

I've been thinking about those 13 states that haven't been added to the mix yet and i think they are smaller and more rural but I also think there would be more physical labor type jobs per capita that would need pain relief as was discussed earlier so Imo we could gain another 40 to 70 percent. I think now that you have the horse they can fill the cart with some new hormone creams to help menopause symptoms, of course made by our new pharmacist. Who knows, it's just as possible as some of the conspiracy theories here.

GLTA

[DartmouthDan]

The contractual adjustments, historically 53%, have nothing to do with collection rates. They are the discounted amounts the insurance company pays. Paying 100%. I am presuming 100% collection rates and, based on historical data, which is all that we have to go with, means net operating loss. LOSS.

[traderinvestor]

PXYN 3/31 Earnings = Big Revenues & Earnings = Higher PPS!

PXYN is clearly way undervalued.

Drugdoctor Member Level Wednesday, 03/11/15 09:24:59 PM
Re: DartmouthDan post# 25363
Post # of 25676
You are trying to compare Work Comp "billings" with PPO SALES??? LOL LOL... Did you know the collection rate on PPO claims is about 99%? So yes, 4 million dollars in claims = 3,960,000 or more in REVENUES....

And the GROSS MARGINS on that revenue will be about 90%, so gross profits will be $3,564,000 on that revenue! Now 55% of the 4 million will go to NHS for their services... which is $2,200,000 of which they will pay their agents and their bills and have some profits...

Now, subtract 2,200,000 from 3,564,000, and you have PXYN NET PROFITS on just the PPO sales for Feb. $1,364,000 for a 28 day period.... There are 13 - 28 day periods in a year, so multiply x 13 and you get the NET PROFITS on PPO sales that PXYN would make just for the same level of "claims" on a yearly basis.... That is $17,732,000 in Yearly NET PROFITS just on a non-growing PPO business.... And we know it's growing and will continue to grow. That is NOT INCLUDING the WORK COMP business...

Have you figured out why we are all so excited now???? This is HUGE!

Next!