SI
SI
discoversearch

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.
Microcap & Penny Stocks : Coram (CRH)--has the turnaround begun -- Ignore unavailable to you. Want to Upgrade?


To: Tony van Werkhooven who wrote (39)10/29/1998 9:45:00 PM
From: Lou Little  Read Replies (2) | Respond to of 85
 
Don't know how well the link referenced below will post, but the PR contains the balance sheet I was looking at.

rt.freerealtime.com

I think your assumptions may be correct, especially concerning the decreased cash position. The rapid run up in managed care contracting has to be funded (salaries, cost of drugs & supplies) with collections deferred 60 days or so.

Do you know if any of these contracts were capitated? If so, the cash comes in up front each month which would tend to weaken your point (although I think the contracts are discounted FFS from what I recall).

rt.freerealtime.com