% | $
Quotes you view appear here for quick access.

CVS Health Corporation Message Board

bashersuit 9 posts  |  Last Activity: Oct 15, 2015 7:37 PM Member since: Jul 9, 2008
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • FACT: No Insiders Have “Cashed Out”. Insiders and Management continue to own approximately 25 million shares and share units. This includes the holdings of Kramer, Fleming, and Lloyd, among others with smaller holdings. Contrary to the anonymous blogger’s assertions, Chris Lloyd has not sold a single share of Company stock. These are yet again more facts selectively and deceptively omitted by the anonymous blogger in order to mislead the investing public.

    FACT: Large insider sales by Kramer and Fleming were a matter of extensive public disclosure and occurred at the request of our investors. Investors demanded the participation of Kramer and Fleming in the May private placement, to both reduce the concentration of shares held by management and limit the dilutive effect of the capital raise. Further, the Company chose to participate in the private placement only to the extent that it had a capital need on the heels of its 25 million dollar debt raise with GE Capital. The facts here simply speak for themselves.

  • bashersuit bashersuit Oct 15, 2015 7:36 PM Flag

    Nobilis invested heavily in meeting patients’ changing healthcare cons. umption patterns and is well positioned to continue to benefit from these trends. The author’s contention that our healthcare marketing is somehow pecu. liar or uneth . ical is ill informed at best.

  • bashersuit bashersuit Oct 15, 2015 7:35 PM Flag

    FACT: Consumerism in healthcare is here to stay. Nobilis recognized the impact of greater patient financial burden coinciding with the disruption of traditional medical referral patterns brought about by the increased availability of medical information

  • bashersuit bashersuit Oct 15, 2015 7:32 PM Flag

    . The author attempts to den.ig. rate the validity of the research by implying that we somehow paid for the results. These studies followed standard protocols for the production of peer reviewed medical research. As is customary, the physicians actually performing the procedures were instrumental in both the aggregation of data as well as the publishing of results and all of these activities were performed outside of the purview Nobilis/Athas.

  • bashersuit bashersuit Oct 15, 2015 7:31 PM Flag

    FACT: The research backing up the clinical and econ omic effic acy of our brand ed proce dures is valid and compelling.

  • FACT: Nobilis Management reiterates its guidance. In the summer the Company issued guidance for 2015, which increased our earlier forecast for the year. The Company stands by its updated summer forecast. Indeed, the Company has witnessed 19 quarters of sustained growth with triple digit growth throughout 2015.

  • FACT: Our marketing materials appropriately describe the relatively risks and benefits of our branded procedures and the success rates are supported by medical research as well as our own data. The anonymous blogger quotes “other sources” for “complications stemming from an Accurascope DND”. In fact these “other sources” were a standard informed consent document of which some form is required for every spine procedure performed in the State of Texas.

  • bashersuit bashersuit Oct 15, 2015 7:10 PM Flag

    Further, the collectability of accounts receivable owed to now-bankrupt companies is utterly irrelevant to the collectability of Nobilis’ accounts receivable. The reasons behind Victory Healthcare’s inability to collect accounts receivable is related to historical issues at Victory that are in no way, shape or form related to Nobilis – yet another fact omitted by the anonymous blogger in order to mislead the investing public.

  • Each allegation implying that there is financial impropriety at the Company is belied by the facts as detailed in the Company’s corporate disclosure.

    FACT: There are no auditor issues. The Company’s prior auditor, the regional firm Calvetti Ferguson and Wagner, resigned at the Company’s request to make way for Crowe Horwath, a nationally-recognized accounting firm, to assume the role. This change was a continuous subject of discussion with our institutional investors. The 8-K announcing the resignation, as required by law, clearly stated that Calvetti’s resignation was not the result of any dispute with the Company. Additionally, Calvetti continues to work with the Company on internal controls auditor – a fact omitted by the anonymous blogger in order to mislead the investing public.

    FACT: There are no personnel troubles at CFO. Four of the Company’s last five CFOs remain engaged with the Company, in the various roles of Chairman, Executive Vice President of Finance, Tax Counsel, and as the current CFO. The changes were made as the Company quickly outgrew the expertise of each successive CFO. It is thus outrageous for the anonymous blogger to imply that the change in CFO was to somehow hide information. Every CFO is available to assist the new auditors with any questions they may have and are prepared to stand behind their accounting – another fact omitted by the anonymous blogger in order to mislead the investing public.

    FACT: There are no accounts receivable issues with Accurascope-branded procedures. The anonymous blogger misconstrues and misunderstands the way that Accurascope-branded procedures are billed. Such procedures are billed under several codes depending on the unique surgery selected by the physician for a given patient. The fact is that a “brand” is not the same as a “CPT code”. The anonymous blogger is using a false distinction to mislead investors – our revenues bear this out.

92.25+0.69(+0.75%)Nov 24 4:00 PMEST