PEB - Pacific Edge Ltd

[James564]

wow share price dropping quickly

[Minerbarejet]

I see they are also now quietly acknowledging that tests will be only reimbursed by CMS when "medically necessary"

We discussed this a few weeks ago. CMS definition:

MEDICALLY NECESSARY
Services or supplies that: are proper and needed for the diagnosis or treatment of your medical condition, are provided for the diagnosis, direct care, and treatment of your medical condition, meet the standards of good medical practice in the local area, and aren't mainly for the convenience of you or your doctor.
...

The "standards of good medical practice" are those set by the AUA

The AUA do not recommend the use of Urinary biomarkers.

So are you saying that Kaiser Permanente with 12million patients and known as a leading healthcare provider and having impeccable standards who have accepted cxBladderas a useful tool are not following the "standards of good medical practice"?

Find that pretty hard to follow.

[Brain]

Not a current holder but still interested.
What “impressed” me at first look is t he size of the numbers...or lack of
Total Rev of 4.1mil....and that’s a 50% increase.
It’s minuscule really.
Even selling used cars we get ~150ml.
Long way to go...pleased to be out...will continue to watch with interest.
GLTAH !

The difference is that used car dealers don't buy cars for $100 and sell them for $US 760

The testing capacity of 260,000 tests per annum is also impressive. All depends now on the skill of the board and management.

[psychic]

So are you saying that Kaiser Permanente with 12million patients and known as a leading healthcare provider and having impeccable standards who have accepted cxBladderas a useful tool are not following the "standards of good medical practice"?

Find that pretty hard to follow.

No. What I am saying is that CMS, Kaiser, the world really, will use the tests when appropriate. Having a commercial agreement with KP does not mean they will be adopting it wholesale or replacing what is considered gold standard.

[psychic]

Here in NZ 65% of the DHB's actually have it in the Clinical pathway. Yet what is the growth NZ if you strip out grants etc?

[Brain]

No. What I am saying is that CMS, Kaiser, the world really, will use the tests when appropriate. Having a commercial agreement with KP does not mean they will be adopting it wholesale or replacing what is considered gold standard.

The tests will be applied if it is more profitable to do so

[Balance]

Imo, sp is going to swing much higher or much lower on what gets reported with CMS & progress with collection of the US$40m backpay.

https://businessdesk.co.nz/article/l...-administrator

Sp to test 65c?

[Getty]

58c by Xmas.
If it wasnt for the ANZ pumping in $25M, thats where it would be now.

[Balance]

58c by Xmas.
If it wasnt for the ANZ pumping in $25M, thats where it would be now.

Don’t think so.

Buying opportunity at 65c imo.

85c by Christmas once traders are out by next week.

[Getty]

For the sake of the s/holders, I hope you are right.
I took 72/3 today