32% cut. much worse than wall street was expecting.obamacare is killing everyone. first dndn, now rmd.
32% price cut is insane. I guess if it's just restricted to medicare, and private insurers don't follow suit, then it's ok. but i think that's highly unlikely since medicare is now reimbursing lower than the privates.
and $59 was a steal, read the chart.
This will look like a gift compared to what is coming for sleep labs. RMD will survive. Most labs won't.