Re: stock and bill
Abraham Varghese
Description
Collection
Title:
Re: stock and bill
Creator:
Abraham Varghese
Date:
8/18/2001
Text:
Dear Wade,
Thank you for your sucession,
I would like to inform all of you to that, orgnise to meet our
friends together and we can share a lot of things. If anyboby
interested please inform me
Abraham varughese.
<Email Address Redacted> wrote:
> I was wondering if there are issues of trade law infractions with the stock
> and bill game.... These are manufacturers and wholesale distributors of
> products, but they sell goods at different pricing levels.... It just depends
> on who buys the goods.... I believe they call the term price gouging... It
> may or may not apply here...
>
> I think I would have less of a problem with the stock and bill programs if
> the prices these guys billed were consistent across the board.... but lets
> face it, if the stock and bill programs were run this way, there would be no
> incentive for the S&B programs in the first place, and so they would not
> exist...
>
> I think over time, this issue will be addressed through the private insurance
> industry and the Feds... if not in stark 2, then maybe in stark 3.... but
> what I believe will happen, is that the P & O industry will erode just a
> little bit more (than it already has) as a result.... so right now, a few
> big players are making a ton of money off the S & B game, and that short
> lived gravy train will ultimately run out, but the lasting effects will be
> lower reimbursement for the legitimate providers who remain, and over time
> that will pass back to the manufacturers themselves... It's unfortunate, but
> thats usually how it goes....
>
> short term gain for a few, long term suicide for an industry....
>
> When L-code reimbursement reflects wholesale pricing, as will eventually
> happen if this continues, then we as an industry are pretty well cooked...
>
> but what the hell, there is always prosthetics.... sure, keep dreaming....
>
> my $.02
>
> Wade Bader CPO
> Tampa
>
>
Thank you for your sucession,
I would like to inform all of you to that, orgnise to meet our
friends together and we can share a lot of things. If anyboby
interested please inform me
Abraham varughese.
<Email Address Redacted> wrote:
> I was wondering if there are issues of trade law infractions with the stock
> and bill game.... These are manufacturers and wholesale distributors of
> products, but they sell goods at different pricing levels.... It just depends
> on who buys the goods.... I believe they call the term price gouging... It
> may or may not apply here...
>
> I think I would have less of a problem with the stock and bill programs if
> the prices these guys billed were consistent across the board.... but lets
> face it, if the stock and bill programs were run this way, there would be no
> incentive for the S&B programs in the first place, and so they would not
> exist...
>
> I think over time, this issue will be addressed through the private insurance
> industry and the Feds... if not in stark 2, then maybe in stark 3.... but
> what I believe will happen, is that the P & O industry will erode just a
> little bit more (than it already has) as a result.... so right now, a few
> big players are making a ton of money off the S & B game, and that short
> lived gravy train will ultimately run out, but the lasting effects will be
> lower reimbursement for the legitimate providers who remain, and over time
> that will pass back to the manufacturers themselves... It's unfortunate, but
> thats usually how it goes....
>
> short term gain for a few, long term suicide for an industry....
>
> When L-code reimbursement reflects wholesale pricing, as will eventually
> happen if this continues, then we as an industry are pretty well cooked...
>
> but what the hell, there is always prosthetics.... sure, keep dreaming....
>
> my $.02
>
> Wade Bader CPO
> Tampa
>
>
Citation
Abraham Varghese, “Re: stock and bill,” Digital Resource Foundation for Orthotics and Prosthetics, accessed November 5, 2024, https://library.drfop.org/items/show/217187.
