ltmleverage
6.2K posts
ltmleverage
@ltmleverage
Born and raised credit without the cliche value bent, tell me more about ur spread per turn of ltm lvg, longtime player haters ball attendee
가입일 Ağustos 2020
887 팔로잉2.1K 팔로워
HHS OIG just put out a report on fraud and just ook at what an outlier PCS fraud is—more than every other fraud combined. People who think all the waivers will go through at flat utilization are very optimistic.
Don’t fight the Feds.
oig.hhs.gov/reports/all/20…
VolMachine@VolMachine
$ADUS and two junk credits (TEAPUB and HAHGRO) are sleepwalking into a wood-chipper if what’s being proposed is taken to its natural conclusion. Market is aware of the risks but is treating it as noise, when there is a clear terminal value risk.
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@PythiaR Do you even know what "ahead of schedule means"?
Also, we won it in the first hour
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@anotherbearcap @Cap1talCap1tal Power vacuum opens up… maybe good place for I don’t know… religious extremists to take control of regions… maybe they call themselves something scary like an Islamic state or something
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What's your pick here for 2026?
Koyfin@KoyfinCharts
The worst performing stocks in the S&P 500 of 2025...
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@VolMachine So ur argument is purely about where self directed plans should exist? If so is there even a headwind to the names provided?
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Sure, the patient has a preference. How is that medically necessary?
Either way, states move their criteria up and down all the time. Why doesn’t that trigger Olmstead? Because it doesn’t. So that tells you the simple answer. It’s not worth arguing about it because doesn’t matter
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$ADUS and two junk credits (TEAPUB and HAHGRO) are sleepwalking into a wood-chipper if what’s being proposed is taken to its natural conclusion. Market is aware of the risks but is treating it as noise, when there is a clear terminal value risk.
JV@AyyouEm
As someone who’s been involved in healthcare levfin for quite a while, all I can say is ‘First time?’ Anyone who’s covered this space knows various forms of home health are the dirtiest, scammiest gutters of the sector. If you’re not defrauding CMS, you aren’t doing your job.
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@VolMachine The patient prefers a family member in the home vs a rando
Adus and hahgro are almost pure play licensed. Teapub licenses the family member (might be using improper terminology)
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@ltmleverage Yeah why can’t a PCS aide come and help? Why does it have to be friends and family? It doesn’t make any sense.
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@VolMachine Because the patient can’t cook while using a walker?
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@ltmleverage yes but why is it medically necessary to have friends and family take care of you
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@VolMachine The patients receive a note for medical need from a doc no?
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@ltmleverage Olmstead says “medically appropriate” and “reasonably accommodated”. You can drive a tanker through the definition. Base case is these waivers get approved but with much stricter criteria esp on self directed.
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Remember, the above was when there was no chatter of fraud. Imagine what are we looking at now. So again, these names are walking into a woodchipper… and market is sleepwalking through it
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Excellent thread here on the existential risk for the incredibly sketchy PCS racket.
VolMachine@VolMachine
$ADUS and two junk credits (TEAPUB and HAHGRO) are sleepwalking into a wood-chipper if what’s being proposed is taken to its natural conclusion. Market is aware of the risks but is treating it as noise, when there is a clear terminal value risk.
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@Deathswap1 @DadInvest @Lone_Oak_Inv Maybe he went back to finish high school after leaping post junior year investing club
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@DadInvest @Lone_Oak_Inv Wasn't that Edwin's call? I wonder what ever happened to him (I haven't followed him in years)
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