Just got some circulars from MBP and they are really toughening up on hospitals to keep costs down. No mention of ICS/THELMA of course but this is just another way of keeping costs down. No doubt that the Health industry is heading for an administration revolution and hopefully ICS will have a significant part to play. MBP will be so far ahead of the other funds in no time at all. A further reason for the push to reduce costs will be a possible privatisation of MBP. Also there will most likely be a reduction in numbers of funds which will assist cost reductions. All up a good oulook for ICS.
ICS Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
