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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: orkrious who wrote (92347)7/8/2002 8:14:33 AM
From: John Carragher  Read Replies (1) of 99280
 
If you have to buy a drug at the store... you have a co pay of $20. the $20 is not recorded by the industry as income as they never see the $20. Merck records the $20. and then they expense the $20.... so they inflate the revenue line. Others in this sector do not account for co pay in revenue line.

my understanding of what it is all about.
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