Medicare Group Q.P.S.C. (QSE: MCGS)

Qatar flag Qatar · Delayed Price · Currency is QAR
4.590
+0.015 (0.33%)
Jan 30, 2025, 1:10 PM AST
-5.36%
Market Cap 1.29B
Revenue (ttm) 512.74M
Net Income (ttm) 51.34M
Shares Out 281.44M
EPS (ttm) 0.18
PE Ratio 16.80
Forward PE 14.06
Dividend 0.22 (4.79%)
Ex-Dividend Date Apr 2, 2024
Volume 709,269
Average Volume 990,940
Open 4.584
Previous Close 4.575
Day's Range 4.566 - 4.595
52-Week Range 3.900 - 4.857
Beta 0.43
RSI 55.12
Earnings Date Feb 20, 2025

About Medicare Group Q.P.S.C.

Medicare Group Q.P.S.C. provides healthcare and treatment services in Qatar. The company operates hospitals, medical clinic centers, and outpatient clinics. It also provides home nursing, physical therapy, and nutrition-specialized services. The company was formerly known as Al Ahli Specialized Hospital Company Q.S.C. The company was founded in 1995 and is based in Doha, Qatar. [Read more]

Sector Healthcare
Founded 1995
Country Qatar
Stock Exchange Qatar Stock Exchange
Ticker Symbol MCGS
Full Company Profile

Financial Performance

In 2023, Medicare Group Q.P.S.C.'s revenue was 486.31 million, a decrease of -0.18% compared to the previous year's 487.17 million. Earnings were 65.70 million, a decrease of -17.01%.

Financial Statements

News

Labor under growing pressure on dental cover, the ‘missing element of Medicare’

Albanese government backbenchers among those pushing to add dental to Medicare despite the health minister saying it’s not a priority Get our breaking news email , free app or daily news podcast Half-...

3 days ago - The Guardian

Financial Crime Weekly: Pfizer Pays Nearly $60 Million To Resolve False Claims Allegations, SEC Creates Crypto Task Force

Pfizer Pays Nearly $60 Million To Resolve False Claims Allegations The U.S. Department of Justice announced on Friday that Pfizer Inc . (NYSE: PFE), on behalf of its subsidiary Biohaven Ltd. (NYSE: B...

6 days ago - Benzinga

Medicare withdraws appeal over UnitedHealthcare Star Ratings

UnitedHealth (UNH) stock in focus as Medicare withdraws appeal over an unfavorable ruling related to the company's 2025-Star Ratings. Read more here.

8 days ago - Seeking Alpha

Why Top 4% Guardant Health Surged To A 13-Month High And Topped A Profit-Taking Zone

Guardant Health stock hit a 13-month high Tuesday after Medicare officials agreed to pay for the company's colon cancer blood test.

11 days ago - Investor's Business Daily

Medicare announces 15 new drugs up for price negotiations, including Ozempic

The Biden administration on Friday released its next round of prescription drugs selected for Medicare price negotiations, which includes Ozempic.

15 days ago - Yahoo

Novo Nordisk Dives After Medicare Targets Ozempic, Wegovy For Price Cuts

Novo Nordisk stock tumbled Friday after its weight-loss drug Wegovy landed on Medicare's next list of drugs to face price negotiations.

15 days ago - Investor's Business Daily

Medicare's new $2,000 cap on out-of-pocket drug costs could save enrollees thousands, AARP says

The AARP report suggests the spending cap could be huge for Medicare enrollees who take costly drugs for cancer, rheumatoid arthritis, and other conditions.

16 days ago - CNBC

Weight-loss drugs may be up for Medicare price negotiations — will Trump support it?

Medicare’s drug pricing negotiations — the first of their kind in the United States, passed under President Joe Biden — face an uncertain future in the incoming Trump administration.

23 days ago - NBC News

Medicare can cover Zepbound for sleep apnea, creating a significant opportunity for Eli Lilly

Zepbound is not covered by Medicare or many other insurance plans as a treatment for weight loss. The injectable treatment costs about $1,000 a month without insurance.

23 days ago - MarketWatch

Medicare's new drug price cap kicks in Jan. 1

A key cost-saving provision of the Inflation Reduction Act (IRA) goes into effect in the new year, limiting annual out-of-pocket spending on prescription drugs to $2,000 for Medicare beneficiaries. St...

4 weeks ago - The Hill

DOGE's first target should be Medicare

The new Department of Government Efficiency promises to eliminate waste, fraud and abuse, and everyone seems to want to jump on board.

5 weeks ago - The Washington Times

Medicare’s $2,000 prescription drug cap expected to bring major relief to cancer patients

Starting Jan. 1, older adults on Medicare will spend no more than $2,000 a year on prescription drugs when a new price cap on out-of-pocket payments from the Inflation Reduction Act goes into effect.

5 weeks ago - NBC News

Big Changes Could Be Coming to Medicare in 2025

from 24/7 Wall St. Mehmet Oz has been tapped to oversee Medicare in the new year. Oz will likely aim to push more seniors onto Medicare Advantage plans. Oz has also been tasked with cutting costs and ...

5 weeks ago - 24/7 Wall street

Medicare Advantage Fraud Case Settled for Up to $100 Million

A New York health insurer and a former top executive of its subsidiary agreed to pay up to $100 million to resolve a long-running whistleblower lawsuit alleging that the company defrauded Medicare by ...

6 weeks ago - BNN Bloomberg

GPs blame complex system for leaving $140 million in Medicare funding unclaimed

If you haven't updated your details recently, there's a chance you could be owed some money from Medicare.

6 weeks ago - Australian Broadcasting Corporation

Social Security and Medicare at stake as Washington’s new team looks for cuts

Retirement programs are in focus as the incoming Congress and Trump administration look for ways to slash taxes, spending and deficits.

6 weeks ago - MarketWatch

Evolving Senior Health Insurance: Medicare’s Role in Modern Care

In the United States, one of the most significant benefits available to senior citizens is Medicare, the federal health insurance program designed to provide medical coverage for those aged 65 and old...

6 weeks ago - ABC Money

ABC to receive $83m boost in funding amid Labor’s midyear economic update

Review to reveal $14.6bn in savings and $16.3bn for payments and programs, including pensions and childcare subsidies Get our breaking news email , free app or daily news podcast The Australian Broadc...

6 weeks ago - The Guardian

The door is open for Musk's DOGE to achieve a quick win: slashing billions of dollars in fraud in federal programs like Medicare

Elon Musk and Vivek Ramaswamy's tech backgrounds could equip them with the skills to slash fraud in government programs, but they'll need to invest.

6 weeks ago - Business Insider

Health insurance under scrutiny following UnitedHealthcare CEO's assassination

The assassination of UnitedHealthcare's CEO has sparked scrutiny of health insurance practices, particularly the "delay, deny, defend" allegations. The privatization of Medicaid and Medicare, along wi...

7 weeks ago - The Times of India

I’m 65 and Signing Up for Medicare. What Happens if I’m Not Ready for Social Security?

Without Medicare, millions of older Americans would struggle to afford healthcare. As it is, Medicare comes with a host of expenses that can be burdensome for retirees, from deductibles to premiums. S...

2 months ago - 24/7 Wall street