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I am a physician and holder of Mela stock. For the boards information even if Melafind is approved there is a difficult road to profitability. Specifically, expensive devices are difficult to sell to physicians unless the test is reimbursable. Many new devices, which are helpful in the diagnosis of disease, have no reimbursement by either Medicare or private insurers and therefore are a difficult sell to a practice. Even if reimbursement is achieved it may be at a very low level. This is common. The number of tests needed to pay for the device becomes unreasonable. The last factor is physician liability. If after using Melafind a patient is told his pigmented lesion is benign but later finds that it was a melanoma a large lawsuit could follow. The physician must prove that he did not deviate from the standard of care in his community which at the present time is biopsy. Will physicians risk this exposure and sleep well at night with this potential risk. Are the findings of non malignancy by Melafind acceptable in court? These are all potential problems that the investor may not be aware of. In the current economic environment I know for sure that Medicare is cutting all its reimbursments even for proven devices such at MRI and CAT scans.
Sentiment : Buy Rating :
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Long term prospects
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papalerner |
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5-Nov-09 01:04 pm | ||
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I am curious, given all the issues you have outlin...
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jonno98007 | (1 Rating) | 5-Nov-09 01:13 pm | ||
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All investments contain risk and the intellig...
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papalerner | (1 Rating) | 5-Nov-09 01:39 pm | ||
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Hey Doc, whats your thoughts on a possib...
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jonno98007 | (1 Rating) | 5-Nov-09 01:51 pm | ||
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I would not think that a physician is go...
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duff4food |
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5-Nov-09 02:08 pm | ||
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Sis is a dermatologist and says this product will ...
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pulay2win |
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5-Nov-09 02:08 pm | ||
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'Pulay'.... LOL! - "Not to be a wiseguy...
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r2d2_18o | Rate it | 5-Nov-09 02:41 pm | ||
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great insight, moron.
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phatphree20... | (1 Rating) | 5-Nov-09 03:21 pm | ||
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oops typing fast, what are you the spell...
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pulay2win | Rate it | 5-Nov-09 03:37 pm | ||
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Does that mean your NOT really a 19...
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fish_discov... | Rate it | 5-Nov-09 04:25 pm | ||
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it's rear to read a thoughtful post on this board....
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phatphree20... | (1 Rating) | 5-Nov-09 03:25 pm | ||
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I agree completely with your analysis. This ...
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papalerner | (2 Ratings) | 5-Nov-09 03:44 pm | ||
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wow..........physicians will err on the ...
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richmando | (2 Ratings) | 5-Nov-09 04:09 pm | ||
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Unquestionably the quick profit/low risk...
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fish_discov... | (1 Rating) | 6-Nov-09 11:21 am | ||
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The clinical study data shows that ...
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fish_discov... | (2 Ratings) | 6-Nov-09 11:24 am | ||
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It's not clear that the dermat...
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fish_discov... |
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6-Nov-09 11:25 am | ||
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Sorry for chopping up thi...
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fish_discov... | (1 Rating) | 6-Nov-09 11:26 am | ||
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I find the drs. anal...
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rogercde | (2 Ratings) | 6-Nov-09 11:37 am | ||
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Nobody can make...
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fish_discov... | (2 Ratings) | 6-Nov-09 11:49 am | ||
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Yes, ...
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fish_discov... | (1 Rating) | 6-Nov-09 11:58 am | ||
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Ave ra...
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fish_discov... | (1 Rating) | 6-Nov-09 12:17 pm | ||
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wow are your thoughts totally wack
you smoki...
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richmando | (1 Rating) | 5-Nov-09 03:59 pm | ||
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All very true papalerner..excellent post.
MELA ...
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dstdst2001 | (1 Rating) | 6-Nov-09 10:11 pm | ||
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Love the stock but like all else not everything is...
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jlozinsk
Online Now
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(2 Ratings) | 7-Nov-09 10:03 am | ||
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...."OOOOohhhh Kayyyyyyy.... so what does thi...
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r2d2_18o | Rate it | 7-Nov-09 01:34 pm |
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