sharetrader
  1. #16771
    Senior Member
    Join Date
    Jan 2014
    Posts
    800

    Default

    Quote Originally Posted by Balance View Post
    https://www.odt.co.nz/business/pacif...enty-questions

    2017 :

    "Health provider Kaiser Permanente alone had 400 urologists and Pacific Edge was ''nearing the end of negotiations'' on a commercial agreement. Mr Darling emphasised that when Kaiser adopted a new technology it was watched ''very closely'' by the rest of the US healthcare industry."

    Two years later in 2019 :

    Guess it means that since Kaiser did not decide to sign up that the rest of the US healthcare industry has duely taken note as well?

    2020 :

    One gets the feeling that PEB is now going through the motions of its death-throes?
    I have no idea whether PEB will be going through the motions of its death throes in 2020, but clearly you have believed it was a dog for a number of years now.

    But as at March 2019, do you also believe that KP has "decided not to sign" rather than "not signed yet"?

  2. #16772
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,480

    Default

    Quote Originally Posted by davflaws View Post
    I have no idea whether PEB will be going through the motions of its death throes in 2020, but clearly you have believed it was a dog for a number of years now.

    But as at March 2019, do you also believe that KP has "decided not to sign" rather than "not signed yet"?
    PEB's PR spin has spun out of control into the ditch and PEB is now backtracking like crazy on the hype it placed on an agreement with Kaiser :

    2014 - 4.5 years ago : "Kaiser Permanente signs up for Cxbladder" (WOW!)

    2016 - 2.25 years ago :"Positive Results in Kaiser Permanente User Programme" (OH WOW!)

    2017 - 2 years ago : "Commercial negotiations with integrated healthcare insurer and provider, Kaiser Permanente, are expected to conclude shortly!" (WOW! WOW!)

    2017 - 1.5 years ago : "Commercial negotiations are progressing positively with Kaiser Permanente, following the compelling and positive results of the large scale evaluation of Cxbladder User Programme in late 2016. Contemporaneously with this, Pacific Edge has been working with Kaiser’s staff on the necessary business elements to ensure that the start-up of commercial tests can occur expediently following the completion and signing of the agreement." (Eh - must mean any day now, right?)

    2018 - 10 months ago : ".... to conclude negotiations with Kaiser Permanente" (Conclude - means must be close?)

    2018 - 5 months ago : "....including Kaiser Permanente" (Eh - what about the agreement????)

    How long does a negotiation takes? If I am charitable, then it will probably be another 5 years - given that PEB has only delivered revenues of $2.3m in HY2019 and is likely to deliver less than $6m for FY19 or 6% (yes, 6%) of the projected aim of $100m in 2019!!!!

    But best not to be charitable with PEB - they have burned through $200m of funds (CR one after another) by making hyping up prospects one after another.

    So what else can any logical person conclude, except that Kaiser has decided not to sign - 2 years on from when 'negotiations are to be concluded shortly'?

    Take off those rose tinted glasses and read through the PR spin (now in the ditch).
    Last edited by Balance; 21-03-2019 at 12:00 PM.

  3. #16773
    Advanced Member
    Join Date
    Feb 2011
    Location
    Wellington
    Posts
    2,451

    Default

    Has anyone ever asked them what Kaiser actually signed up for in 2014 ? What was in the agreement that was signed ?

  4. #16774
    Legend minimoke's Avatar
    Join Date
    Mar 2005
    Location
    Christchurch, New Zealand.
    Posts
    6,502

    Default

    Quote Originally Posted by stoploss View Post
    Has anyone ever asked them what Kaiser actually signed up for in 2014 ? What was in the agreement that was signed ?
    From 2105 Annual report

    "One of our biggest achievements in FY15 was signing a User Programme with Southern
    California Permanente Medical Group (SCPMG) which employs more than 5,500
    physicians. They will evaluate the performance of our Cxbladder Triage test in their
    specific clinical settings with 2,000 patients who present with haematuria. Kaiser has
    many organisations vying for their internal research resources and we are very pleased
    they have selected the Cxbladder User Programme."

  5. #16775
    Senior Member
    Join Date
    Mar 2010
    Posts
    962

    Default

    Quote Originally Posted by minimoke View Post
    From 2105 Annual report

    "One of our biggest achievements in FY15 was signing a User Programme with Southern
    California Permanente Medical Group (SCPMG) which employs more than 5,500
    physicians. They will evaluate the performance of our Cxbladder Triage test in their
    specific clinical settings with 2,000 patients who present with haematuria. Kaiser has
    many organisations vying for their internal research resources and we are very pleased
    they have selected the Cxbladder User Programme."
    https://www.kp-scalresearch.org/rese...t.aspx?eid=556
    (click studies tab)
    The Director of Research at Kaiser lists the Cxbladder study as current, but Balance knows best eh
    Last edited by psychic; 21-03-2019 at 08:13 PM.

  6. #16776
    Legend minimoke's Avatar
    Join Date
    Mar 2005
    Location
    Christchurch, New Zealand.
    Posts
    6,502

    Default

    Quote Originally Posted by psychic View Post
    https://www.kp-scalresearch.org/rese...t.aspx?eid=556
    (click studies tab)
    The Director of Research at Kaiser lists the Cxbladder study as current, but Balance knows best eh
    The quote I gave you was from the 2015 annual report so would have been referencing something in 2014.

    The link you posted suggests the research has yet to commence.

    So peb has not been generous with the information provided in the annual report. I would go as far as saying it is misleading

  7. #16777
    Senior Member
    Join Date
    Mar 2010
    Posts
    962

    Default

    To me it suggests the study has yet to conclude...

  8. #16778
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,480

    Default

    Quote Originally Posted by psychic View Post
    To me it suggests the study has yet to conclude...

    If the study is not concluded, how can PEB made these statements way back in 2017?


    ~~~~~~~~~~~~~~~~~~~~~~

    https://www.nzx.com/announcements/311131

    Excerpt : "Commercial negotiations are progressing positively with Kaiser Permanente, following the compelling and positive results of the large scale evaluation of Cxbladder User Programme in late 2016. Contemporaneously with this, Pacific Edge has been working with Kaiser’s staff on the necessary business elements to ensure that the start-up of commercial tests can occur expediently following the completion and signing of the agreement."

    https://www.nzx.com/announcements/301590

    Excerpt : " Commercial negotiations with integrated healthcare insurer and provider, Kaiser Permanente, are expected to conclude shortly following the successful analysis of the large scale User Programme which delivered positive and compelling results."

    ~~~~~~~~~~~~~~~~~~~~~~~

    It is crystal clear from the PEB statements above that the KP study was not only concluded but so successfully concluded that negotiations were underway and an agreement was imminent!

    Now you have really sounded loud ringing high decibels alarm bells (if not screaming sirens) for PEB shareholders!
    Last edited by Balance; 21-03-2019 at 09:44 PM.

  9. #16779
    Member
    Join Date
    Jul 2015
    Posts
    486

    Default

    Quote Originally Posted by psychic View Post
    To me it suggests the study has yet to conclude...
    On this researchers CV....

    https://www.google.com/url?sa=t&rct=...yFeJCTYPBkmBdu


    Finished end of 2015

  10. #16780
    Senior Member
    Join Date
    Mar 2010
    Posts
    962

    Default

    Quote Originally Posted by kiwidollabill View Post
    On this researchers CV....

    https://www.google.com/url?sa=t&rct=...yFeJCTYPBkmBdu


    Finished end of 2015
    Pacific Edge funding may have - yes, but Kaiser's analysis? Good find, but should we rely on someone's 2016 C/V found on the internet?

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •