JRZane t1_j1uxc97 wrote
Reply to comment by Babhadfad12 in Why are NJ doctors, especially those in family medicine all joining for-profit, multi-specialty medical groups? Those groups do are deteriorating the good doctor and patient communication/relationship that use to exist. by Eastcoastpal
Just reading the report I linked.
"Independence Health Group, Inc., (Independence) the parent company of Independence Blue Cross, LLC, reported solid financial results for 2020 with total revenue of $21.8 billion, up $2.6 billion or 13.5 percent over 2019"
you could argue the same for profit margins too. If you want to get into depreciation, cash on hand, deferred losses, bad debt, real estate depreciation/appreciaiton. then those numbers Never mean anything at all. you're still getting lost in the numbers and missing my ACTUAL initial point. what you're saying is valid, but I believe your missing the forest for the trees here. good day, good luck. im out.
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