anonymous
Guest
anonymous
Guest
What is the bomb?
What is the bomb?
Dear Client,
First, we would like to thank you for choosing to order your advanced cardiovascular testing
from Boston Heart. We recognize that it is a competitive market and that
you have a choice when selecting your lab partner. We greatly appreciate that you have given
us the opportunity to provide you with these services.
Unfortunately, the advanced cardiovascular testing market is experiencing decreased payer
reimbursement and restrictive coverage policies. The payers continue to decline financial
responsibility for advanced cardiovascular testing. We have aggressively taken actions to
increase efficiencies in our lab and decrease our fee schedule, but this has not been enough in
certain markets. After careful review of your account, we regret to inform you that we can no
longer offer you advanced cardiovascular testing services. This change will take effect on July
8, 2019.
We regret that the market is forcing Boston Heart to take this action.
Please feel free to reach out to me.
Paddy N. O'land President, Boston Heartless
BH is dead. If you are still there, you are in it for the paycheck only. Eurofins will just let this run dry. That is why the are going to cash only and firing clients. BH is unsellable. They are just trying to get the last drop of blood out of this "heart". Eurofins is delaying the inevitable. They are facing huge fines from the P&H fees that changed the industry and put Atherotec, Singulex, and HDL, out of business, the moment they close the doors or sell. The only reason they have not paid the huge fine is because they are an international company. Eurofins is just planning when it will be best time to take the hit on their P&L statement...…
What boston offered was a niche cv panel which no other lab could offer at the time. The science behind is still solid but realistically this could not be profitable, no bill code. So The only way they could sell was borderline illegal. They should have shut it down back in the day or scale down to no more then a few dourness reqs per day.
So sad. How did this happen? This used to be such a great company. I thought TH would be the first to die not us. Who's left to carry the torch after Boston and True blow up?
If you didn't see the writing on the wall when first Susan left, then Kim, Matt, Judy, Cherie, Ruthie, Jeff, Frank, and Tom left then you weren't paying attention. You cant lose 90% of your leadership team and expect to survive. Jackie and Kathy were going to save the ship?? Get real.
Leaders? Hilarious! You do know that Susan and Kim didn't start this mass exodus they were shown the door. Ernie had enough. The others slithered out soon after. The real leaders were Ernie, Michael and the sales reps.
This is the funniest thing I've ever seen on this site! Thanks for the laugh!
Reasons for failure - and you can't manage your way through these obstacles.
1. Insurance companies won't pay for the advanced tests anymore. They used to over pay.
2. Patients DO NOT want to pay any bills for these tests. They want insurance to pay it all.
I would add the failure started the day we changed CEOs the attitude that customers and representatives were of no value has been disproved. Bostonheart had a solid base of both which in a niche market you need. Sadly the bean counter wasn’t understanding of that side of the business.
Leaders? Hilarious! You do know that Susan and Kim didn't start this mass exodus they were shown the door. Ernie had enough. The others slithered out soon after. The real leaders were Ernie, Michael and the sales reps.