downdraft
4 hours ago
Several years back, my dentist spent less than a half hour pulling a tooth and implanting a new one all in the same session, for $5,000. Imagine how much a stem cell clinic can bring in daily. From one of those posts that I linked earlier today, the average cost for a stem cell procedure was $4,000, but the AHSCT treatment would likely be a lot higher. it won't take much to start raking in the cash, IMO.
BCNstocks
4 hours ago
"To facilitate this transition, we've engaged a specialized consultant to meticulously handle the AHCA registration paperwork, alongside a financial expert to review and submit our financial data," noted Dr. Kalpesh Barot, lead physician of AHSCT at Adia Med. "We are fully committed to surpassing the AHCA's stringent criteria."
On the significance of AHCA approval, Larry Powalisz added, "The AHCA plays a pivotal role in healthcare regulation in Florida, ensuring that facilities like ours adhere to the highest standards of medical practice. This approval will affirm our status as a trusted provider, significantly boosting investor confidence and attracting more partnerships."
https://www.newsfilecorp.com/release/240465/Adia-Med-Advances-Towards-AHCA-Registration-to-Expand-Insurance-Coverage-for-Stem-Cell-Therapies
$ADIA
downdraft
6 hours ago
Today's news appears to much better than some might think. Note that today's news deals with applying to the State of Florida's Agency for Health Care Administration (AHCA). But the real meat and potatoes is located further down in the article, where the company states, in part...
"Moreover, Adia Med has been contacted by multiple potential clients who have already been preapproved by select private insurers for either HSCT therapy or injectable stem cell therapy. This development represents a seismic shift within the medical industry, where insurers seem to be broadening their scope of coverage to include non-traditional treatments."
So there are already customers waiting in line with their pre-approved insurance, which is really what's key!
My guess is that potential investors will be kicking themselves soon for not jumping in while they can. The application process with the State of Florida can likely be resolved by just following the rules that the Agency for Health Care Administration has in place. If there are upgrades they need to make to the facility or the protocols, that's fixable, but what we have in play already is insurance companies on board, just waiting for the final administrative approvals!
downdraft
8 hours ago
I don't think the CEO would have dropped hundreds of thousands of dollars (that's my guess) to launch this business if he wasn't reassured/convinced in advance that he would be able to have insurance approved for this particular type of stem cell procedure for M.S., that has lots of successful results worldwide.
I think of it as a long term benefit to the state and the insurance companies, because if you have lots of young people who contract the disease and only use traditional drug methods to arrest it, and those same old relatively ineffective procedures don't work to halt the progression of the disease in most cases, then you're left with far greater expenses to the health care system and the insurers over the course of decades, not counting the misery that the patients have to endure for decades as they get progressively worse.
However, if this newer AHSCT method, that has proven to be quite effective around the world, manages to put the M.S. in remission for decades, that becomes a huge cost savings to the insurance agencies over time! That's why I think the likelihood of insurance approval is very high!
downdraft
9 hours ago
It boils down to this for me...
Not only do we have a CEO who is a walking testimonial for the success of this AHSCT for M.S., but he happens to be a well-funded businessman himself, having identified a great new business opportunity. He's motivated to succeed from both a health and business perspective.
For any new investors, you can see all the efforts he has put into the business via the company's X page at @ADIA_Nutrition. There is lot of information there to uncover.
Plus, if you read through a lot of articles on line, procedures aren't cheap in this industry. Even a basic procedure can cost several thousand dollars, up to tens of thousands of dollars. But what I really like is how he is trying to corner the market with his primary focus being on procedures for Multiple Sclerosis patients. It seems to be that one area, using the AHSCT process, that is quite well proven its value in many countries around the world. With the right medical team on board, along with the stem cell extracting and freezing equipment, it looks like ADIA is in a sweet spot to become the leader in this space! That's what I'm counting on.
Finally, who the heck would believe that all of this comes wrapped into an OTC company that has No Convertible Debt! Just keep repeating that! Oh, and a crazy good number outstanding shares. Yep, super sleeper beast stock from my perspective.
SpaceManTrades
10 hours ago
This part from todays PR. 🔥
Until now, Adia Med's operations have depended solely on out-of-pocket payments from patients. However, the shift to accepting private insurance promises to transform patient care by:
✅️Increasing Affordability: By lowering the cost barrier, AHSCT and injectable stem cell treatments will be within reach for a broader demographic, significantly reducing the financial strain on individuals seeking these advanced medical solutions.
✅️Enhancing Accessibility: More patients will have the opportunity to benefit from these therapies without the immediate financial burden, fostering health equity.
Strengthening Partnerships: Developing robust relationships with insurance providers to integrate Adia Med's treatments into various health coverage plans.
downdraft
1 day ago
And even if they only charged $20,000 for each patient for the M.S. treatments, 20 patients per month would be $4.8 million in annual revenue for one clinic. Plus, they appear to be on a path to offer a variety of other treatments as well. I think a massive revenue business has just launched.
A bonus is that the walk-through video of the medical building indicates to me that it's not all that complicated to build out each location. There was a break room, a couple of bathrooms, doctor's offices, several patient rooms and the lab room they held the stem cell separation machine and the cryogenic unit for freezing the stem cells.
I loaded up more shares today on the expected pullback. I just couldn't get in at the very bottom as my bank doesn't open until 1.5 hours after the market opens so it was almost 2 hours after the market opened before I had a wire transfer go through.