We should point out that significant legal hurdles face the plaintiffs before they could prevail in these cases. Many of the agreements between the managed care companies and the physicians require arbitration and this could defuse the class actions ... However, we believe current HMO valuations assume these lawsuits will be dismissed out of hand. This is unlikely.
More Quotes from David Shove:
It is those trends that are bothering people. The (premium) pricing trends and (medical) cost trends have spooked investors.David Shove
Despite its best efforts, HCA hospitals experienced weaker profitable admissions, intensifying local competition, higher operating costs and fast-rising uninsured patient volumes. HCA's fourth-quarter performance showcases the hospital industry's increasingly turbulent and tumultuous environment.
David Shove
We have always believed that the longer this jury deliberates, the greater the chance of no verdict. We also believe that if this trial ends in a hung jury, there will not be a third trial. All of this would be especially positive for Tenet, as they would be able to start recruiting doctors more aggressively and volumes at the company may improve. Maybe -- just maybe -- it is getting closer to this outcome.
David Shove
I doubt that the ING talks are falling apart. I have the feeling that all of this is part of the negotiations. That doesn't mean that ING is going to be the acquirer, but I doubt that they've gone away.
David Shove
We're pretty bullish on the sector. I mean, what's happened at a macro level is that consumers have said that straight traditional HMO products are not their products of choice. They really want a product that gives them more options in terms of doctors and places to go for their health care. The traditional HMOs then have to evolve. This leads to some rising costs in turn, the companies raise premiums to keep up with that. Most of the companies have made this transition and are experiencing extremely strong earnings this year.
David Shove
I think he's saying to ING ... that we have other places that we can go -- not that they have seriously responded to other inquiries.
David Shove
Readers Who Like This Quotation Also Like:
Based on Topics: Agreements Quotes, Medicine & Medical QuotesBased on Keywords: defuse, hmo, plaintiffs, valuations
Look at all the billionaires. If I know 15 billionaires, I know 13 unhappy people.
Russell Simmons
Whoever named it necking was a poor judge of anatomy.
Groucho Marx
I believe - though I may be wrong, because I'm no expert - that this war is about what most wars are about: hegemony, money, power and oil.
Dustin Hoffman