1Creekdoc

Medical device short idea IRTC

Short
NASDAQ:IRTC   iRhythm Technologies, Inc.
This device maker has fragile business model which may soon become victim of medicare reimbursement changes, reducing is current payment by 50%. 2 billion dollar business suddenly then becomes worth 1 billion by government edict. Most insurers will then base their reimbursement on the changes.

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