Bruce Shear, CEO Pioneer Behavioral Health's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/88948/comments http://seekingalpha.com/article/38588-interactive-q-a-bruce-shear-president-and-ceo-of-pioneer-behavioral-health-phc?source=feed#comment-89317 89317
Each market that we do business in has a cross-section of psychiatric services that include free-standing psychiatric hospitals and psychiatric programs in med/surg hospitals. Las Vegas, NV and Salt Lake City, UT have the lowest number of beds relative to their population base.]]> Thu, 21 Jun 2007 14:37:24 -0400
Each market that we do business in has a cross-section of psychiatric services that include free-standing psychiatric hospitals and psychiatric programs in med/surg hospitals. Las Vegas, NV and Salt Lake City, UT have the lowest number of beds relative to their population base.]]> http://seekingalpha.com/article/38588-interactive-q-a-bruce-shear-president-and-ceo-of-pioneer-behavioral-health-phc?source=feed#comment-89142 89142
Thank you for your question. All of the national tragedies that you mention have further brought to the national forefront the mental health crisis in America. These events have caused government agencies, major employers and insurance companies to strengthen their commitment to providing adequate reimbursement to treat those suffering from mental health ailments. I mentioned in the past that our national parity act is moving through the legislative branches and we are hopeful a bill will be signed by the president soon.]]> Wed, 20 Jun 2007 08:41:49 -0400
Thank you for your question. All of the national tragedies that you mention have further brought to the national forefront the mental health crisis in America. These events have caused government agencies, major employers and insurance companies to strengthen their commitment to providing adequate reimbursement to treat those suffering from mental health ailments. I mentioned in the past that our national parity act is moving through the legislative branches and we are hopeful a bill will be signed by the president soon.]]> http://seekingalpha.com/article/38588-interactive-q-a-bruce-shear-president-and-ceo-of-pioneer-behavioral-health-phc?source=feed#comment-89141 89141
Thank you for your question. When our Las Vegas hospital opens, we will be operating the most comprehensive behavioral health delivery network in the Las Vegas market. With our outpatient clinics and hospital, we can successfully be the one-stop behavioral health provider and meet all the needs of any major insurer or employer. In regard to the Detroit market, we continue to be presented with additional opportunities to expand our delivery network. Detroit is a unique market and we are methodically evaluating each business opportunity before execution. When these projects become operational, our company should be approximately double the size it was 6/30/06.]]> Wed, 20 Jun 2007 08:36:39 -0400
Thank you for your question. When our Las Vegas hospital opens, we will be operating the most comprehensive behavioral health delivery network in the Las Vegas market. With our outpatient clinics and hospital, we can successfully be the one-stop behavioral health provider and meet all the needs of any major insurer or employer. In regard to the Detroit market, we continue to be presented with additional opportunities to expand our delivery network. Detroit is a unique market and we are methodically evaluating each business opportunity before execution. When these projects become operational, our company should be approximately double the size it was 6/30/06.]]> http://seekingalpha.com/article/38588-interactive-q-a-bruce-shear-president-and-ceo-of-pioneer-behavioral-health-phc?source=feed#comment-88998 88998
Thank you for your questions. Our competitors are different in each market, as are the barriers to entry. Our competitive advantage is our longevity in this business, as well as being identified as the highest quality, most customer service oriented company in each market.]]> Tue, 19 Jun 2007 08:47:33 -0400
Thank you for your questions. Our competitors are different in each market, as are the barriers to entry. Our competitive advantage is our longevity in this business, as well as being identified as the highest quality, most customer service oriented company in each market.]]> http://seekingalpha.com/article/38588-interactive-q-a-bruce-shear-president-and-ceo-of-pioneer-behavioral-health-phc?source=feed#comment-88997 88997
Thank you for your question. We don't give guidance on our margins. In regard to leverage, we do anticipate and are beginning to experience the benefits of leverage as a result of Pioneer's growth in Nevada's managed care business and would anticipate additional leverage when our Seven Hills Hospital opens.]]> Tue, 19 Jun 2007 08:44:34 -0400
Thank you for your question. We don't give guidance on our margins. In regard to leverage, we do anticipate and are beginning to experience the benefits of leverage as a result of Pioneer's growth in Nevada's managed care business and would anticipate additional leverage when our Seven Hills Hospital opens.]]> http://seekingalpha.com/article/38588-interactive-q-a-bruce-shear-president-and-ceo-of-pioneer-behavioral-health-phc?source=feed#comment-88995 88995
Thank you for your question. We are very optimistic about the passage of the parity act this year. Both the senate and house version are being aggressively pushed forward with a strong contingency from both parties.

Approval of this legislation will provide even further recognition that mental health issues in this country need to be addressed and adequately reimbursed, therefore, continuing to increase the demand for our services.]]> Tue, 19 Jun 2007 08:39:27 -0400
Thank you for your question. We are very optimistic about the passage of the parity act this year. Both the senate and house version are being aggressively pushed forward with a strong contingency from both parties.

Approval of this legislation will provide even further recognition that mental health issues in this country need to be addressed and adequately reimbursed, therefore, continuing to increase the demand for our services.]]> http://seekingalpha.com/article/38588-interactive-q-a-bruce-shear-president-and-ceo-of-pioneer-behavioral-health-phc?source=feed#comment-88993 88993 Thank you for your question. The behavioral health industry in general is experiencing strong growth, due to improved recognition of mental health issues, improved reimbursement and short supply. Our company is a major player in both the inpatient, outpatient and managed care segments of this growing market.]]> Tue, 19 Jun 2007 08:35:53 -0400 Thank you for your question. The behavioral health industry in general is experiencing strong growth, due to improved recognition of mental health issues, improved reimbursement and short supply. Our company is a major player in both the inpatient, outpatient and managed care segments of this growing market.]]>