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Microcap & Penny Stocks : NQCI National Quality Care Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Tensane 1 who wrote (168)	5/4/1998 7:56:00 PM
From: Aishwarya	Read Replies (1) \| Respond to of 254

Thanks a lot for the info. Steve and Kevin. I really feel that when this one goes its going to go with a big bang without too much notice due to the small float. There will be a lot of new players as this sector develops more and margins will be squeezed but the ones who manage themselves best will be long term winners. Here take a look at this report worth perusing even though its old from USA today. Report: America's kidney dialysis industry needs improvement NEW YORK - An American kidney dialysis patient is twice as likely to die in given year as a patient in Japan and parts of Western Europe, The New York Times reported Monday. The newspaper said it investigated the American dialysis business, particularly National Medical Care Inc., the most influential company in the field. It said it found an industry that uses equipment and procedures that cut costs and raise profits, often at the expense of patients' health. The Times also said the industry operates with few rules to ensure high-quality care and doctors are induced to cooperate by receiving a share of profits. According to figures provided by the National Kidney Foundation, 23.6% of patients receiving dialysis treatment in the United States died in 1992. And 21.4% of National Medical Care patients died that year. That compares with a 9.7% death rate in Japan. France had a death rate of 11% and Germany, which listed figures for 1991, stood at 10%. Over the past decade, National Medical Care, a division of W.R. Grace & Co., has been accused by patients, medical experts and some government investigators of various shortcomings. Dr. Edmund Lowrie, president of National Medical, and Dr. Edward E. Berger, corporate vice president, insisted that none of the company's cost-saving policies had affected patient care, the Times said. They also pointed to numerous studies by the company aimed at improving care. The Times cited a case last year from New Mexico: Six people were hooked up to the same dialysis machine, an older model, at a National Medical Care dialysis center when one of them started screaming and vomiting. Soon all six were in intense, unexpected pain. It turned out that a technician had erroneously thrown a switch to rinse out the machine while it was in use, and rinse solution went into the patients' bloodstreams, the newspaper said. One of the six patients died. ######Better service reaps rewards. This company is acquiring good companies and also getting good managers to do a good job. I sense that this will be one those those BB stocks which will eventually go NASD small cap if managed well and gets the backing of the right type of people. Regards, Sri.