3 Can’t-Miss Health-Care Events This Week: Synageva BioPharma Corp (GEVA), Amedisys Inc (AMED), Gentiva Health Services, Inc. (GTIV)

You won’t often hear me say this, but it’s a pretty quiet week on the health-care front. There are a few notable conferences kicking off next week — including the Healthcare Innovation Expo on March 13 and 14 in London – but three earnings reports are what will take center stage.

Up first is Synageva BioPharma Corp (NASDAQ:GEVA), an orphan-drug developer scheduled to report its fourth-quarter results on Monday. Synageva BioPharma Corp (NASDAQ:GEVA) doesn’t have any FDA-approved drugs, so its earnings report will be less about the bottom line and more about its pipeline and its remaining cash on hand. If you recall, Synageva BioPharma Corp (NASDAQ:GEVA) was one of my three biotech stocks to avoid in 2013 largely because of its huge run and valuation ($1.3 billion) despite having only one drug in clinical trials for the treatment of LAL deficiency. I’ll be eager to see what, if anything, Synageva BioPharma Corp (NASDAQ:GEVA) is doing to reduce its expenses and what updates management may have about its four other preclinical candidates.

Amedisys IncOn Tuesday, home health-care and hospice provider Amedisys Inc (NASDAQ:AMED) is set to report its fourth-quarter results. This will be a particularly intriguing quarter from an investor’s standpoint as Amedisys Inc (NASDAQ:AMED) has crushed Wall Street’s estimates in three of the past four quarters; however, federal budget cuts and lower Medicare reimbursements could threaten both it and the entire sector’s future earnings, including its rival Gentiva Health Services, Inc. (NASDAQ:GTIV) . In August 2011, as part of the U.S. debt-ceiling agreement, Medicare reimbursements were to be scaled back, with the result that Amedisys Inc (NASDAQ:AMED)’ share price was halved and Gentiva Health Services, Inc. (NASDAQ:GTIV), which also provides home health and hospice services, lost closer to 85% of its value. I have to wonder and worry whether Amedisys Inc (NASDAQ:AMED)’ forecast might reflect the possibility of further Medicare cuts, and I will be closely monitoring management’s remarks regarding its 2013 forecast.

Finally, Affymax, Inc. (NASDAQ:AFFY) , which mortified shareholders less than two weeks ago after it and licensing partner Takeda Pharmaceuticals announced the voluntary recall of anemia drug Omontys, is expected to report on Thursday. This is going to be a particularly interesting conference call, because without Omontys, Affymax has no pipeline. Amgen, Inc. (NASDAQ:AMGN) , which has basically dominated the anemia dialysis market for two decades with its drug Epogen, has been free to once again take back whatever minute market share it had lost to Omontys since the recall. I’ll be listening closely to what Affymax CEO John Orwin has to say about Affymax’s next steps, and I’ll also keep close tabs on the company’s remaining cash balance.

The article 3 Can’t-Miss Health-Care Events This Week originally appeared on Fool.com.

Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

The 10 Cheapest Places to Retire Abroad

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!