I Hate Dialysis Message Board
Dialysis Discussion => Dialysis: News Articles => Topic started by: Bill Peckham on January 12, 2008, 09:28:34 AM
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Cross posted from billpeckham.com http://www.billpeckham.com/from_the_sharp_end_of_the/2008/01/davita-ceo-on-c.html
Davita CEO on CNBC Fast Money
http://www.cnbc.com/id/15840232?video=620582581
CNBC has a video clip up of Davita CEO Kent Thiry answering a few questions on Fast Money. It's never fun to hear dialysis discussed in economic terms - we're recession proof! Yes!. One question was very interesting: who would be best for Davita in the White House? Of course Thiry couldn't answer other than say they'd like someone who is thoughtful but there probably is an answer - which candidate would it be?
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Where is it. I clicked on Fast Money and they are just BSing about the upcoming weekend?
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Did you follow the CNBC link above? There is a brief commercial but I just followed checked the link and the segment is all Davita.
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OK, I saw it. Thanks.
If 87% of DaVita's patients are Medicare Patients and they lose money on those patients, how the hell does he make 29 Million dollars in 2006?
Doctors may make the decision on the EPO amount but DaVita is in bed with the doctors so there ya go.
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OK, I saw it. Thanks.
If 87% of DaVita's patients are Medicare Patients and they lose money on those patients, how the hell does he make 29 Million dollars in 2006?
Doctors may make the decision on the EPO amount but DaVita is in bed with the doctors so there ya go.
If that 87% number is right then he must have been thinking of Medicare and Medicaid which means about 13,000 people people with group health insurance. If each one of the private payer dialyzors contributes $50,000 (net) to the bottom line then you'd end up with $650,000,000 on the bottom line. And about 90% of that pay number was stock options - the increase in the stock price is based on the judgment of shows like Fast Money and is not money taken out of the organization's cash flow.