A PASS? Seriously? Mimedx is the only product getting anything done! The 2 top competitors are deer in the head lights? Pete Petit has executed everything he said he was going to do. He predicted revenue growth at 100% this year. He said the message board is all noise! He continues to raise guidance and not exaggerate the stocks performance! He has been quoted as "The stock price will take care of itself" That is a CEO I want to invest my money with!!!!
This was all by design in part by the Obamacare architect, Dr. Ezekial Emanuel. Take a look at his articles including "Saving by the bundle" on NYT dated over 2 years ago. If you are worried about these changes then you might want to just pull out of the healthcare sector. Times are changing.
From what I can tell if they don't get tiered bundling, they will have to say goodbye to some revenue. They may have to give a little on margin although that's not obvious and as the posters point out below, volume may offset. But I think most of CMS actions are priced into the stock already. I'm long again as I expect the tiered bundling to get approved. I'm betting CMS doesn't want to encourage the really bad DFUs get ignored. But even if CMS doesn't do the tiered bundling, then it looks like revenue will still have a nice trend up...revenue growth may get cut by 25% or 33% if tiering isn't done.