Is that why they lost a ton of money and needed a bailout? Hmmm...sure makes sense to me......
VAP has been mismanaged for years. The only reason they had "record" sales was because they dumped their pricing and co-pays, but if that doesn't cover the bills, what good is it? If it weren't for Behrman, they'd be in the tanker.
And let's not forget all of the reps and managers they laid off last month...it was greater than the 10% that the other ALT companies experienced.
Let's hope they don't expand too quickly--they end up right back to where they were at the end of 2010.