CAJ 1.30% 39.0¢ capitol health limited

Medicare review, page-7

  1. 10,075 Posts.
    lightbulb Created with Sketch. 4852
    MRIs and X rays are both effective for many diagnostic purposes but the MRI has some advantages. An MRI costs $1500 to $4,000 while an x ray costs less than $100. The cost of MRIs and other scans to the Federal Budget has blown out in recent years and is considered unsustainable. As a taxpayer I support measures that will limit the use of expensive scans unless the additional benefit over simpler/cheaper procedures is commensurate with the (large) additional cost of the scans. I heard on the radio this morning that cutting back on barely effective MRI scans of the knee will save enough to fund a national suicide program that is estimated to be able to save 1000 lives per annum. How can i argue with that. The response from the industry will be to cut the costs and profits from MRIs, as happened in France where an MRI costs only $250. As a share holder of CAJ I can see that I will cop losses, but most have already been factored in.
 
watchlist Created with Sketch. Add CAJ (ASX) to my watchlist
(20min delay)
Last
39.0¢
Change
0.005(1.30%)
Mkt cap ! $415.8M
Open High Low Value Volume
38.5¢ 39.0¢ 38.0¢ $996.5K 2.593M

Buyers (Bids)

No. Vol. Price($)
1 24713 38.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.0¢ 788854 14
View Market Depth
Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
CAJ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.