I bought a stack of these at R1 on the IPO and plan to forget about them for 5 or 10 years. With the ridiculous cost of overnight stays, I reckon there is a good market for day hospitals. Most of the revenue still generated out of the OZ operations, good thing too. Much like GND ....stick them in a drawer and check in 5 years
have a read of the competition comm into health care (think still on going so not sure if minutes released yet) .. day hospitals are not liked locally by surgeons etc. as they have to leave the normal well paying hospital to go do day op an then return ..
Thanks - Will do. BUT the surgeons don't have to do work at the day clinics - unless they feel compelled to do so in order to maintain their volume through their practices - in which case it sounds like the day clinics are already making a meaningful impact.