OTCPK:PASO

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Patient Access Solutions

Executive Summary

Patient Access Solutions, Inc. provides healthcare/financial processing solutions for the healthcare and dental industries. More Details


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Patient Access Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PASO's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-36.2%

PASO

1.6%

US Healthcare Services

1.0%

US Market


1 Year Return

278.0%

PASO

53.8%

US Healthcare Services

13.6%

US Market

Return vs Industry: PASO exceeded the US Healthcare Services industry which returned 53.8% over the past year.

Return vs Market: PASO exceeded the US Market which returned 13.6% over the past year.


Shareholder returns

PASOIndustryMarket
7 Day-36.2%1.6%1.0%
30 Day-15.5%-2.7%-0.4%
90 Day-71.3%11.5%8.9%
1 Year278.0%278.0%54.2%53.8%16.2%13.6%
3 Year-75.1%-75.1%102.6%101.3%40.2%30.8%
5 Year66.1%66.1%152.5%150.3%89.6%68.2%

Price Volatility Vs. Market

How volatile is Patient Access Solutions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Patient Access Solutions undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Patient Access Solutions is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Patient Access Solutions has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Examine Patient Access Solutions's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Patient Access Solutions regulatory filings here.
  • Explore potentially undervalued companies in the Healthcare industry.

Future Growth

How is Patient Access Solutions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

41.8%

Forecasted Healthcare industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Patient Access Solutions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Patient Access Solutions performed over the past 5 years?

22.9%

Historical Healthcare annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Patient Access Solutions has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Patient Access Solutions's financial position?


In this section we usually analyse Patient Access Solutions's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Patient Access Solutions has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of PASO’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Patient Access Solutions's financial data was last updated here.
  • Explore more healthy companies in the Healthcare industry.

Dividend

What is Patient Access Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PASO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PASO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PASO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PASO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PASO's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.1yrs

Average management tenure


CEO

Bruce Weitzberg (61 yo)

12.5yrs

Tenure

Mr. Bruce Weitzberg has been the Chief Executive Officer and President at Patient Access Solutions Inc., since March 31, 2008. Mr. Weitzberg served as the Chief Operating Officer of the Medcard Division of ...


Leadership Team

NamePositionTenureCompensationOwnership
Bruce Weitzberg
Chairman12.5yrsno datano data
Robert Linzalone
Executive VP & Director12.5yrsno datano data
Gerald Desocio
Corporate Counselno datano datano data
Joelle Vital
Chief Medical Officer1.67yrsno datano data
Donald Chiappetta
Chief Operating Officer of Medical Group1.67yrsno datano data

7.1yrs

Average Tenure

Experienced Management: PASO's management team is seasoned and experienced (7.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bruce Weitzberg
Chairman12.5yrsno datano data
Robert Linzalone
Executive VP & Director12.5yrsno datano data
Jon McBride
0.75yrno datano data
Jarvis Shockey
0.75yrno datano data
Bryan McCalley
Member of Board of Advisors0.83yrno datano data

0.8yrs

Average Tenure

58.5yo

Average Age

Experienced Board: PASO's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 101.7%.


Top Shareholders

Company Information

Patient Access Solutions, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Patient Access Solutions, Inc.
  • Ticker: PASO
  • Exchange: OTCPK
  • Founded:
  • Industry: Health Care Technology
  • Sector: Healthcare
  • Market Cap: US$34.875m
  • Shares outstanding: 749.99m
  • Website: https://www.pashealth.com

Location

  • Patient Access Solutions, Inc.
  • 131 Sunnyside Boulevard
  • Suite 100
  • Plainview
  • New York
  • 11803
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PASOOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMar 2008

Biography

Patient Access Solutions, Inc. provides healthcare/financial processing solutions for the healthcare and dental industries. The company, through its merchant processing platform, provides patient eligibili ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/19 06:39
End of Day Share Price2020/09/18 00:00
Earnings2017/10/31
Annual Earnings2017/10/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.