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SAYNOTO0870.COM › Main Forum › Government and Public Sector › How low can it go?

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How low can it go? (Read 22,492 times)

idb Supreme Member Offline Posts: 1,499 Miami, Florida, United States Gender:	How low can it go? Jul 21^st, 2007 at 1:33am Patientline share price - yesterday down some 40% and today another 10% to close at 1.18p Just a year ago, 12p Feb 2004, 162p Its market capitalization is now a mere GBP 2m. Is the end near? http://www.londonstockexchange.com/en-gb/pricesnews/prices/System/DetailedPrices...
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firestop Full Member Offline Do unto others, before they get a chance to do.... Posts: 164	Re: How low can it go? Reply #1 - Jul 21^st, 2007 at 7:26am "Is the end near?" Let us sincerely hope so.
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derrick Supreme Member Offline Posts: 1,124	Re: How low can it go? Reply #2 - Jul 21^st, 2007 at 1:40pm Patientline, R.I.P. Ye the angel one is a bit much but couldn't find an equivalent evil one.
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idb

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Re: How low can it go?
Reply #3 - Jul 21^st, 2007 at 3:01pm

The sad aspect of this is that Patientline could have been a viable business - there is clearly a demand for the type of service that Patientline offers, but it needs to be at a reasonable rate. A couple of quid a day for TV/Radio/Internet is not wholly unreasonable, and I have no fundamental issue with this being provided either by the private sector, or through a joint public/private initiative.

The negative headlines have largely, and quite rightly, focused on the extortionate incoming call charge - equivalent to $1/min for peak rate, which is clearly a ridiculous fee, yet Patientline has taken no action to correct this severe overcharging and hence has attracted all sorts of negative publicity.

I'm sure that this single issue has led to the near collapse of this entity.

I'm fairlly certain that it could have been a success if it had used 08 NGNs as its terminating numbers, thus achieving a revenue stream, rather than use the ludicrous 07 PN system that no one wants to call, at least after they have seen the first bill.

Its assets may well end up being sold to NEG, renaming the system HospitalLine (tm). Watch this space!

« Last Edit: Jul 21^st, 2007 at 3:02pm by idb »

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moneysavin Full Member Offline Posts: 131	Re: How low can it go? Reply #4 - Jul 22^nd, 2007 at 3:39am The OH sister is due to go into hospital this coming week. She was told last Thursday the Patientline service will no longer be available as they have gone bust.
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bbb_uk Global Moderator Offline Posts: 2,041	Re: How low can it go? Reply #5 - Jul 22^nd, 2007 at 10:57am It was working yesterday as I know someone who is in hospital. The TV normally costs £3.50 but it's a special offer of £2.99 now. I'm not sure if this offer is nationwide or just regionalised or certain hospitals.
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questa

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Re: How low can it go?
Reply #6 - Jul 22^nd, 2007 at 5:41pm

moneysavin wrote on Jul 22^nd, 2007 at 3:39am:

The OH sister is due to go into hospital this coming week. She was told last Thursday the Patientline service will no longer be available as they have gone bust.

I work for patientline, should i be looking for a new job?! They are quite adamane they aren't going anywhere, saying they always had this problem and nothing has changed, except the press reporting it more. They certainly are not behaving like a company going bankrupt, they just started a long term arrangement with an external recruiter, and have launched all sorts of new initiative and policies that have taken months to write, and are arranging things to happen in months time. They are installing new equipment in specific wards albeit not hospitals, and taking on new staff, sometimes at senior levels. The messages are very comflicting.

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questa Newbie Offline Posts: 25	Re: How low can it go? Reply #7 - Jul 22^nd, 2007 at 5:42pm bbb_uk wrote on Jul 22^nd, 2007 at 10:57am: It was working yesterday as I know someone who is in hospital. The TV normally costs £3.50 but it's a special offer of £2.99 now. I'm not sure if this offer is nationwide or just regionalised or certain hospitals. It should be £2.90 for one day everywhere, £10 for 5
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questa Newbie Offline Posts: 25	Re: How low can it go? Reply #8 - Jul 22^nd, 2007 at 5:42pm derrick wrote on Jul 21^st, 2007 at 1:40pm: Patientline, R.I.P. Ye the angel one is a bit much but couldn't find an equivalent evil one. might have to get used to eating baked beans
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questa

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Re: How low can it go?
Reply #9 - Jul 22^nd, 2007 at 5:44pm

idb wrote on Jul 21^st, 2007 at 3:01pm:

The negative headlines have largely, and quite rightly, focused on the extortionate incoming call charge - equivalent to $1/min for peak rate, which is clearly a ridiculous fee,

Yet whereever the fee is reduced as an offer or trial, even to 10p, usage remains virtually the same, which is why it remains high

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questa

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Re: How low can it go?
Reply #10 - Jul 22^nd, 2007 at 5:45pm

idb wrote on Jul 21^st, 2007 at 3:01pm:

The sad aspect of this is that Patientline could have been a viable business - there is clearly a demand for the type of service that Patientline offers, but it needs to be at a reasonable rate.

If it goes down for 5 minutes there is outcry. I wonder what people will say if it goes off for good?

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firestop Full Member Offline Do unto others, before they get a chance to do.... Posts: 164	Re: How low can it go? Reply #11 - Jul 23^rd, 2007 at 6:40am "Hooray" ??
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NGMsGhost

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Re: How low can it go?
Reply #12 - Jul 23^rd, 2007 at 9:49am

questa wrote on Jul 22^nd, 2007 at 5:45pm:

I wonder what people will say if it goes off for good?

They will say the DoH should purchase the assets of the bankrupt company from the liquidator and run the service at normal call prices, given that contact with the outside world is actually a vital part of patient care that helps them to feel better while they are in hospital.

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NGMsGhost Supreme Member Offline The Forum Ghost of NonGeographicalMan<b r /> Posts: 2,720 Surrey, United Kingdom Gender:	Re: How low can it go? Reply #13 - Jul 23^rd, 2007 at 9:50am idb wrote on Jul 21^st, 2007 at 1:33am: Patientline share price - yesterday down some 40% and today another 10% to close at 1.18p Prices surely can't go any lower than 1p. The fact that they have not yet called in the liquidators suggests to me they have in fact secretly been offered some form of government bail out.
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mikeinnc Full Member Offline Ofcom - quis custodiet ipsos custodes? Posts: 225 Perth Western Australia Gender:	Re: How low can it go? Reply #14 - Jul 23^rd, 2007 at 11:32am Quote: I work for patientline, should i be looking for a new job?! Is the Pope a Catholic?
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