Oxford Health Plan (OXHP) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Oxford Health Plan (OXHP)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Burry who wrote (578)	12/16/1997 3:56:00 AM
From: Thomas Haegin	Read Replies (1) of 2068

Re: the 270M in potential cash advances Michael, << This is an issue the analysts and the company was still sorting through when I talked to them. Most seemed to think it was a dumb mistake to give doctors an open checkbook in the current environment. I think it was a solid goodwill gesture. >> I think so too, it was a good move. Since OXHP knew they were behind with claims payments, it was a matter of paying-now or paying-later only, IMO. << Too bad the doctors aren't repaying them in good faith. >> I don't think there will be anything to be repaid, since OXHP owed the providers money. Settlement will be through claims set-off, IMO Thomas

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next