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But right now it's time to switch gears a little bit you know we never pass up an opportunity.
To his show you this so roll it.
We have to pass the bill says that you can find out what is in it.
Away from the fault of the controversy.
Oh yeah that was a serious fought well and meg Beth -- actually found obamacare to be something of a double edged sword.
01 had a new health care a lot actually helped to generate business.
But regulations and cost associated with that are huge -- -- a company now in her home lives he has CEO.
And -- of executive Kerry when he you're in their home health care industry so.
This must be some sort of economic -- for you.
To some extent.
We -- are beginning to work with so called -- CEO's these accountable.
Care organizations which.
Comprised of hospitals nurses.
And other players in that Medicare market.
The correct yet to elderly.
Where we commend is that at the end of -- -- and it's our company comes then because.
On the Medicare scenario.
It's episode driven basically wants the person is treated -- go home Medicare stops our company comes and and and provides custodial care.
People medication reminders.
Cooking a meal a personal care fundraiser that it's paid out of pocket most of the time.
But a consumer.
Sometimes long term care insurance kicks and that was obamacare help you than the so called a CEOs.
Looking to makes it discharges.
Under the new rules of Obama care.
In the ACOs get penalized for -- admissions within thirty days of discharge.
So if a patient goes back in the hospital -- diagnoses.
That you get penalized -- and they may not even get paid to treat the personal over again.
And our job is to keep debt.
The patients safe at home -- they don't get.
They recommend your company is that is that where you're getting that benefit the -- -- someone's being discharged from the hospital they say.
Hey let's go to the lines extended care programs that you don't end up back here in thirty days they pushing the patient's -- straight to you is that where you.
-- -- -- one of many we have -- that's quite a few companies that provide kids that we do that so.
On our patient and efficient basis contended that you about that -- -- -- something that he you know not accompanied or borrow it all depends on how we perform.
So we know there's a giant honey pot of money from the medical side of this hospitals companies like -- Worst that was about part of where's the double that sort part the other side of course someone employer as well so.
The F -- -- candy employer mandate is gonna keep this heart because we are a big business in terms of in our industry.
Where over fifty employees.
So my expectation is that we are going to be paying.
For Obama care.
Despite the higher business you may get -- may mean fewer employees more work longer hours for the employees that you have lower bottom line for -- I mean.
When you weigh them both would have been just better off for the industry in the patience and -- -- -- -- -- that this health -- -- -- -- -- I would say so.
I would -- so.
Home care specifically is a very labor intensive.
If we don't hire within priced services so.
Do we have to stop hiring and stop growing I don't think so we're gonna have to continue hiring and growing but at the same time will be penalized for.
So what you're saying is with and we fingerprint mr.
Charles and Nicole have.
Is that under -- -- there is setting up these ACOs and it fewer big -- we'll turn a great patience and being readmitted.
Because of improper care -- that get -- that that is a refinement now what.
The economy is and that is what your providing is that -- home patient care -- more money having to be spent on right correct.
More money that's spent -- -- you're you're you're people who work for you won't be able to enjoy that more money because they're going to be squeezed them you gotta hire people but you won't be the same salaries.
-- up more -- we run out of time and I do apologize for mangling your name a little bit but this was important and it's a great revelation from someone -- on both sides of the of the situation we appreciate it thank you very much.
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