Friday, October 4, 2019

Myriad Genetics The Genesight Bull Case Is Falling Apart 45 Downside Risk

Subsequently the product failed its primary endpoint in the largest clinical study ever run in pharmaco-genomics for depression
Now the CMS administrator in charge of reimbursing the product has declared it's only suitable for patients who qualify for a simple metabolism test that is reimbursed for under $800
Currently Bloomberg estimates call for Adj EPS to grow to $1.82/share in FY 2020 (up from 1.67/share in FY 2019) * * *

The company doesn't have a significant amount of costs to cut so the result of the faltering growth is consistently shrinking Free Cash Flow production

Genesight was acquired by MYGN via the purchase of Assurex Health, Inc. for $225m upfront and $185m in additional milestones. Myriad to Acquire Assurex Health for Up to $410M

Publisher: Seeking Alpha
Date: 2019-09-24T12:30:00Z
Author: The Capitolist
Twitter: @SeekingAlpha
Reference: Visit Source



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Hackers can take over heart devices, DHS warns | Fox News
Homeland Security warns hackers can take over heart devices. What do you need to know? Dr. Audie Liametz explains
Any connected device these days is a potential target of hackers — and that now includes defibrillators
Implantable defibrillators made by Minneapolis, Mn.-based Medtronic could allow an attacker to interfere with and collect sensitive data from the devices, the Department of Homeland Security (DHS) said in a medical advisory
* * *

The issue affects certain ICD (implantable cardioverter defibrillator) and CRT-Ds (implantable cardiac resynchronization therapy/defibrillator device

The problem does not affect pacemakers, insertable cardiac monitors or other Medtronic devices, the company said. “To date, no cyber attack, privacy breach, or patient harm has been observed or associated with these issues,” Medtronic added.

Publisher: Fox News
Date: 2019-03-29
Twitter: @foxnews
Reference: Visit Source



Friday, September 27, 2019 | Kaiser Health News
More insurers are experimenting with paying health care providers one lump sum to cover the cost of maternity care. Physicians and insurers hope the model — known as bundled payments — will help improve health outcomes. (Carmen Heredia Rodriguez, 9/27
* * *

The Freedom of Information Act lawsuit could spur the Centers for Medicare & Medicaid Services to release audits that document up to $650 million in overcharges. (Fred Schulte, 9/27

The New York Times: Vaping-Related Illnesses Climb To 805, C.D.C. Says
Based on 373 cases where data on the patients was available, the C.D.C. says that nearly three-quarters were male, two-thirds were 18 years to 34 years old and 16 percent were younger than 18 years. (Grady, 9/27)

Publisher: Kaiser Health News
Date: 2019-09-27T13:42:31+00:00
Twitter: @khnews
Reference: Visit Source



Part-time work impacts retirees' portfolios Social Security, Medicare
Older Americans have many reasons for taking on part-time work after leaving a full-time job behind — perhaps better financial security, a sense of purpose or a way to stay connected
* * *

By 2026, about 30% of people ages 65 to 74 are forecast to be working either full or part time, compared with 17.5% in 1996, according to data from the Bureau of Labor Statistics! GeneSight® Genetic Testing - Gene Test for Antidepressants genesight .com 50% Improvement in Remission Rates with GeneSight Psychotropic vs Trial and Error. Clinically Proven Path to Better Depression Medications. Improved outcomes · Personalized approach · Over 1,000,000 Tested Genetic Testing | Personalized Treatments | GeneSight If you've been diagnosed with depression and failed at least one ...!! Among the 70-and-older crowd, that share is projected to reach 10.8% in 2026, more than double what it was 30 years earlier (4.7% Financial advisors say that if you're among those who are considering a part-time job after putting an end to 40-hour work weeks, it's important to know how the income can impact other things that tend to be particular to older Americans — including your nest egg, Social Security and Medicare

If you're unsure whether your retirement savings will truly get you through your older years and part-time work can reduce what you withdraw, advisors say go for it.

Publisher: CNBC
Date: 2019-06-07T13:00:27+0000
Author: https www facebook com CNBC
Twitter: @CNBC
Reference: Visit Source



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