Deutsche Bank Pedicts “Mom and Pop Oxygen Suppliers Extinct with Senate Cuts–What Would Deustche Bank State About Competitive Bidding?
Deutsche Bank predicts the Senate’s proposed cuts for oxygen suppliers will vitrallly eliminate ‘Mom and Pop” firms.
What would the Deutsche Bank predict if the cometitive bidding system, as originally designed, were implemened naionally?
“Because Medicare comprises the majority of the sector’s revenues, we don’t believe the remaining public companies would be able to
withstand a 30%+ cut without extreme duress; smaller mom/pop entities (45% ofmarket share) would likely fare even worse – thus leaving LNCR to “sop up” a tremendous amount of market share given its 1000-branch national network”