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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Streak324 who wrote (42648)	5/13/2011 4:57:54 PM
From: Jurgis Bekepuris	Respond to of 78464

Two reasons: - Some companies have been accused last year on excessive and possibly fraudulent charges to Medicare. It's still not clear to me how widespread this is and if the fallout is finished. - Medicare is right now one of the prime targets on the budget deficit cuts. At the very minimum, Medicare reimbursements are likely to be cut. Yes, this is not very popular, but it's also unclear whether it matters. These are broad thoughts. I somewhat agree with Paul Senior and Shane that some companies don't have billing issues and some of them will do fine with Medicare reorg. I'm just not confident to say which ones. ;) If someone pointed me to a company that was super cheap, I might reconcider. The ones I looked at were not even very cheap, except the ones deep in the overbilling scandal.