Prime Medical Systems, Inc.(PMSI) 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 : Prime Medical Systems, Inc.(PMSI)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: john adriaan kolenberg who wrote (196)	1/12/1998
From: donss	Read Replies (1) of 210

To all, It appears the recent weakness may be due to some new laws "Stark II". I believe these laws prevent doctors from referring patients to businesses they have a financial stake in. This is a quote I pulled off of Motley Fool: <<I'll quote from the January 1, 1998 issue of the Medical Group Management Update, which had an article on the subject: "The law prohibits a physician from referring Medicare and Medicaid patients for designated health services to any facility with which the physician (or an immediate family member) has a financial relationship. ... Several exceptions apply, including situations in which the designated health service was furnished by a rural provider, or where the referring physician's interest in a facility was limited to owning shares in certain publicly traded securities.">> Comments please from anyone in the know, Don

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next