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.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

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!