Future of MediLynx Cardiac Monitoring (Pocket ECG)???

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What's the future of MediLynx Cardiac Monitoring?

  • back to growth after finding new CEO

  • continous lack of organic growth

  • competition taking their clients

  • being acquired by bigger market participant

  • other?

Results are only viewable after voting.






anonymous said:
I would change that to Dunn in Six weeks.
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You lost 3% of your value today and 40% in 10 days.

Nice thing is you’ll have a couple of flat days coming up when the markets are closed for the holidays.

Let’s say that again, you lost 40% of the value of your firm in 10 days. Things are right on target, if the target is the floor your standing on.
 






anonymous said:
You lost 3% of your value today and 40% in 10 days.

Nice thing is you’ll have a couple of flat days coming up when the markets are closed for the holidays.

Let’s say that again, you lost 40% of the value of your firm in 10 days. Things are right on target, if the target is the floor your standing on.
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WRONG up 2.5 US pennies Friday, rally is on.........
 






anonymous said:
WRONG up 2.5 US pennies Friday, rally is on.........
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I totally get it now, you all said that ML would be $100 million dollar company soon. You are correct very soon you will be at $100 million in mexican pesos, unfortunately that would be $5 million in USD, you’re not quite there but you’re well on your way down to it. Totally makes sense now just didn’t realize you were using pesos instead of dollars. BTW has anyone you hired in the last year stayed on, gaining a great reputation for a good place to double dip for a few months. Happy new year.
 


















anonymous said:
For only $5000 you too can get an event monitor for 30 days, don’t be the last one on your block to get a huge bill at the beginning of the year.
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They are billing patients thousands of dollars out of network. For a while it was wink wink nod nod that you didn’t have to pay your balance now those patients are being pressed and forced to pay the amount set by the insurance company going back months to cover their butts. They are saying that it’s legally required to pay the remaining balance which is somewhat accurate what they’re not saying is they’re billing 30x medicare. Sort of like billing $10,000 a day for a rental car and not telling you till the rentals over and then enforcing the idea that you agreed to pay an amount you never knew about. This is the truest definition of surprise billing. The company says that they are required by law to bill the amount set my the insurance company which is accurate, it’s the price they set and control which is the issue.
 












anonymous said:
They are billing patients thousands of dollars out of network. For a while it was wink wink nod nod that you didn’t have to pay your balance now those patients are being pressed and forced to pay the amount set by the insurance company going back months to cover their butts. They are saying that it’s legally required to pay the remaining balance which is somewhat accurate what they’re not saying is they’re billing 30x medicare. Sort of like billing $10,000 a day for a rental car and not telling you till the rentals over and then enforcing the idea that you agreed to pay an amount you never knew about. This is the truest definition of surprise billing. The company says that they are required by law to bill the amount set my the insurance company which is accurate, it’s the price they set and control which is the issue.
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That is crazy! How is that even legal? And why would anyone use a company engaged in such tactics??
 






anonymous said:
That is crazy! How is that even legal? And why would anyone use a company engaged in such tactics??
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I think you can argue on some level it’s legal, definitely not ethical. The legality comes down to surprising patients with bills and also not informing insurance companies of what you’re doing with their patients. This will get you sued by large insurance companies. I think the boys and girls at medilynx will tell you that’s the case right now. So if you are a small company getting sued by multibillion dollar insurance company what happens?
 
























anonymous said:
Recently completed my study - Received my bill and immediately noticed they billed my insurance company over 4500 and wanted me to pay 200+ for out of network coverage.
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You’re lucky you don’t owe the whole amount, some people have and still do, will put you on a payment plan for the rest of your life.
 






anonymous said:
Recently completed my study - Received my bill and immediately noticed they billed my insurance company over 4500 and wanted me to pay 200+ for out of network coverage.
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You got lucky. Medilynx bills insurance companies ~$5k for EVENT MONITORS (even more for MCT service), and if you have a high unmet out of network deductible, you will receive a bill from medilynx for the full amount ($5k). It happens all the time, especially with united healthcare patients. Keep in mind that the Medicare rate for event monitors is around $200. Patients are therefore receiving bills from medilynx in excess of 25 times the Medicare rate!
 






anonymous said:
Only down 5% today, had a dead fish bounce right after the new year, but race to zero is back on.
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What’s terrible is the poor people in Poland who are buying the stock now. What they should see from Q3 results is what’s going on here in the US with revenue and profitability. The liplickers in the US have destroyed the profitability and are pursuing doing more tests/holters that are “revenue losers” (pun for the new management team) so as ML puts out that they are doing more tests month-to-month what they’re not saying is they’re doing more unprofitable tests and are down about 40% year-over-year in total volume of 30day profitable tests. When your net income goes down 95% Q3 18 to Q3 19, you got some big issues. What’s ironic is when Q4 is released and it’s down 90 something in net income year-over, then what????? Even worse is the poor people that are buying the stock now are going to get burned, even though the stocks down 95% from three years ago. More test does not mean that those tests are profitable. So keep on reassuring everybody guys, no big deal we will all get to see the reality when you release Q4.

Numbers don’t lie people do!
 






anonymous said:
What’s terrible is the poor people in Poland who are buying the stock now. What they should see from Q3 results is what’s going on here in the US with revenue and profitability. The liplickers in the US have destroyed the profitability and are pursuing doing more tests/holters that are “revenue losers” (pun for the new management team) so as ML puts out that they are doing more tests month-to-month what they’re not saying is they’re doing more unprofitable tests and are down about 40% year-over-year in total volume of 30day profitable tests. When your net income goes down 95% Q3 18 to Q3 19, you got some big issues. What’s ironic is when Q4 is released and it’s down 90 something in net income year-over, then what????? Even worse is the poor people that are buying the stock now are going to get burned, even though the stocks down 95% from three years ago. More test does not mean that those tests are profitable. So keep on reassuring everybody guys, no big deal we will all get to see the reality when you release Q4.

Numbers don’t lie people do!
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If you’re down -162% in operating income Q3 last year to Q3 this year is that bad? How do you go below 100%? Oh yes..... you go way into the negative, this means you’re doing really really well versus last year. Keep on selling those holter tests your numbers will look great your revenue will be terrible, like going down -162% in 12 months.
 






anonymous said:
If you’re down -162% in operating income Q3 last year to Q3 this year is that bad? How do you go below 100%? Oh yes..... you go way into the negative, this means you’re doing really really well versus last year. Keep on selling those holter tests your numbers will look great your revenue will be terrible, like going down -162% in 12 months.
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Trying to figure out why all the sales team is leaving, having a hard time keeping any new people and most of the original sales people. There are about five people in sales that are the majority of the company’s business, you had better be very nice to those people.
 


















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