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Title : Required Reading For Wellness Assist Analysts As Well As Coventry Health's Assort Of Informative Conference Call

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Required Reading For Wellness Assist Analysts As Well As Coventry Health's Assort Of Informative Conference Call

Joe Paduda, writing over at Managed Care Matters, has a post whatever health conception investor should read.

He laments that the analysts only weren't bespeak the correct questions in addition to weren't tough plenty during concluding week's Coventry Health earnings call.

With my 35 years inward the health insurance business, I accept to handgrip alongside him. He's dead on.

Beyond Joe's comments, I noted that management used the precise term "sort of," equally inward "we are all the same assort of actually inward the cycle that this assort of... it's well-nigh assort of forward-looking into the quaternary quarter," "sort of coded, billed in addition to reimbursed," "sort of wound their revenue cycle," "sort of going on concluding year," "sort of the statistical fluctuation of a severity spike," "sort of where nosotros accept the coordinated assist networks," in addition to other precise actuarial references using the term "sort of" literally dozens of times (63 past times my computer's count of the Things are a lot to a greater extent than complicated than that.

Here are the starting fourth dimension few paragraphs from Joe's post:

Coventry earnings telephone band - the analysts blew it

I intend I've figured out why analysts accept been unable to accurately forecast wellness conception financials - they don't know what questions to ask.

That's the exclusively determination I tin forcefulness out depict afterward listening to the latest Underwriting Cycle or Medical Trend Rate Cycle?

Thus the article Required Reading For Wellness Assist Analysts As Well As Coventry Health's Assort Of Informative Conference Call

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