Deutsche Bank Comments On Lincare At Medicare Auction Conference

According to Deutsche Bank, Lincare Holdings LNCR attended the Medicare Auction Conference. Deutsche Bank reported that on Friday, it attended the Medicare Auction Conference in College Park, Maryland. “The conference was hosted by Professor Peter Cramton, an expert on auction markets, and was attended by over 54 Medicare providers, 20 auction experts, 18 government agency members and 4 congressional staffers. The purpose of the conference was to highlight the design flaws with the current competitive bidding program and open a broader dialogue with regard to making program modifications. We left the conference incrementally more encouraged that the government is open to making improvements in future competitive bidding rounds.” Lincare Holdings closed on Friday at $29.63.