Medicare Group Q.P.S.C. (QSE: MCGS)
Market Cap | 1.24B |
Revenue (ttm) | 498.44M |
Net Income (ttm) | 40.64M |
Shares Out | 281.44M |
EPS (ttm) | 0.14 |
PE Ratio | 17.94 |
Forward PE | 19.60 |
Dividend | 0.22 (4.95%) |
Ex-Dividend Date | Apr 2, 2024 |
Volume | 450,935 |
Open | 4.442 |
Previous Close | 4.447 |
Day's Range | 4.391 - 4.444 |
52-Week Range | 3.900 - 5.960 |
Beta | n/a |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Oct 17, 2024 |
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]
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 StatementsNews
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I’m 63 and want to retire soon, but I’m confused about Medicare – what will it cost me?
Meet David, a 63-year-old corporate executive who’s been planning for retirement in the next couple of years. Financially, David feels secure—he has his 401(k) and investments, but there’s one thing t...
![](https://fortune.com/img-assets/wp-content/uploads/2024/09/GettyImages-1202146477-e1725975427434.jpg?w=300)
How Medicare could change under a Trump or Harris presidency
Which candidate wins in November could have a major impact on Medicare and its beneficiaries.
![](https://image.cnbcfm.com/api/v1/image/108023248-17242045282024-08-21t013917z_224203300_hp1ek8l04lf9v_rtrmadp_0_usa-election-democrats.jpeg?v=1724204642&w=1920&h=1080)
'Go higher': Bernie Sanders urges Harris to raise 28% capital gains tax rate proposal
Bernie Sanders also openly disagrees with Vice President Kamala Harris on her shift against supporting Medicare for All, which she backed in 2019.
![](https://g.foolcdn.com/editorial/images/788504/retired-woman-taking-medication-health-pills-pharmacy-1.jpg)
3 Signs You're Not Making the Most of Your Medicare Coverage
If you're going to pay for Medicare, you should benefit from it as much as possible.
![](https://g.foolcdn.com/editorial/images/788777/getty-smiling-doctor-healthcare-happy.jpg)
Medicare Is Great, but It Can Be Improved. Here Are Some Suggestions
The more you know about Medicare, the smarter the decisions you can make about it, come age 65.
If ‘Medicare For All’ is so bad, why is Medicare so popular?
Seniors love Medicare. Does this make them communists?
![](https://cdn.benzinga.com/files/images/story/2024/08/26/clay-banks-cezmop5ftv4-unsplash.jpg?optimize=medium&dpr=1&auto=jpg&height=480&width=720&fit=crop)
Ekso Bionics Addressable Market to Grow on CMS Update
Ekso Bionics (NASDAQ: EKSO) has reached a significant milestone in terms of transforming mobility solutions, particularly for individuals with spinal cord injuries. The company recently secured initi...
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Johnson & Johnson Aims New Policy For Hospital Payments Under 340B Drug Discount Program Related To Its Flagship Blood Thinner And Arthritis Drugs
On Friday, Johnson & Johnson (NYSE: JNJ) announced that it would implement significant changes to offering 340B pricing for its popular drugs, Stelara and Xarelto. Stelara (ustekinumab) is indicated ...
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Novo Nordisk's Ozempic Might Be Among 2027 Medicare Price Negotiation Targets
The recent move by the U.S. government to negotiate Medicare drug prices has triggered speculation about which drugs could be targeted in the next round of negotiations, which is set for 2027. Last we...
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Financial Crime Weekly: Health Care Provider To Pay $3.85M For Medicare Scheme, Co-Conspirators To Pay $70M For Vitol Bribery Scheme
Intrepid U.S.A. Inc. , a Dallas-based health care and hospice provider, has agreed to pay $3.85 million for allegedly submitting Medicare claims for patients who did not qualify for coverage. On Tuesd...
Does Medicare cover hearing aids? Here's what to know about your options
Hearing loss affects one in three people ages 65 to 74, according to the National Institutes of Health. And while hearing aids can greatly improve quality of life, they're often expensive. If you're o...
![](https://d.ibtimes.com/en/full/4542418/many-protests-multiple-cities-have-been-led-doctors-other-healthcare-workers-also-joined.jpg)
The Inflation Reduction Act's Hidden Healthcare Costs to Patients
The law's changes to Medicare are colliding with the complex reality of the U.S. healthcare system -- and leaving many seniors worse off than before.
![](https://media-cldnry.s-nbcnews.com/image/upload/t_fit_1500w/rockcms/2024-08/240816-pharmacy-al-0923-742c97.jpg)
How much will Medicare's drug price cuts ultimately save people at the pharmacy?
How much will Medicare’s price cuts on 10 of the most expensive medications, including diabetes, heart and arthritis drugs, ultimately save older adults at the pharmacy counter?
![](https://cdn.benzinga.com/files/images/story/2024/08/16/Siegen--North-Rhine-Westphalia---Germany.jpeg?optimize=medium&dpr=1&auto=jpg&height=480&width=720&fit=crop)
Doctors Struggle to Secure Medicare Coverage for Heart Patients on Novo Nordisk's Wegovy
Older Americans are having little success getting prescriptions for Novo Nordisk A/S’s (NYSE: NVO) weight-loss drug Wegovy, covered by Medicare, despite the federal healthcare program’s decision to p...
![](https://media-cldnry.s-nbcnews.com/image/upload/t_fit_1500w/mpx/2704722219/2024_08/1723761796873_nn_tco_Medicare_negotiations_drug_savings_for_ten_common_drugs_240815_1920x1080-n6grd7.jpg)
Medicare negotiates historic drug price cuts
The Biden administration announced that Medicare has negotiated lower prices for ten common drugs. Tom Costello reports it's poised to save people who take the medications thousands of dollars and tax...
![](https://thehill.com/wp-content/uploads/sites/2/2024/08/HarrisBiden_081524.jpg?w=900)
Biden, Harris take victory lap on drug pricing during joint appearance
President Biden and Vice President Harris took a victory lap Thursday after unveiling the initial results of Medicare’s new power to negotiate drug prices. In their first joint event since Biden annou...
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What to know: Medicare negotiation lowers drug prices
The Biden-Harris administration reached an agreement to cut the costs of 10 drugs for Medicare users.
![](https://cdn.benzinga.com/files/images/story/2024/08/15/What-Happened_0.jpeg?optimize=medium&dpr=1&auto=jpg&height=480&width=720&fit=crop)
Biden Administration Targets $6B Savings Through Medicare Drug Price Negotiations
The Biden administration announced that Medicare’s newly negotiated prescription drug prices are expected to save the U.S. government $6 billion in the first year alone . The lower prices, a result of...
Medicare Slashes Merck, Novo, AstraZeneca Drug Prices Up To 79% In IRA Negotiations
Diabetes treatments from Merck, Novo Nordisk and AstraZeneca will face the steepest cuts under the IRA, a list showed Thursday.
![](https://cdn.benzinga.com/files/images/story/2024/08/15/What-Happened.jpeg?optimize=medium&dpr=1&auto=jpg&height=480&width=720&fit=crop)
US Will Save $6B In First Year, Says Biden Administration As It Announces Negotiated Prices For 10 Prescription Drugs Under Medicare
The Biden administration has disclosed the prices for the first ten prescription drugs that have been negotiated between Medicare and drug manufacturers. This significant step is part of an effort to ...
Medicare Negotiated Lower Prices for These 10 Drugs
Lower prices for cancer, diabetes and other drugs are the result of the first-ever talks.
![](https://static.politico.com/99/5f/aa042a7e49bc962223358439c947/biden-33025.jpg)
In a first, Medicare has set prices for 10 drugs, saving billions
The result is a $6 billion savings across 10 drugs when new prices take effect in 2026, according to the White House.
![](https://www.reuters.com/resizer/v2/YLNBDYSADRLUZBWQJZHWYRR4YI.jpg?auth=cb06e5f811568c89f319425cb9a66fd6cf80230d675329416e41d94be4b54ae7&height=1005&width=1920&quality=80&smart=true)
Focus: Doctors struggle to get Wegovy for older Americans with heart disease
Older Americans are having little success getting prescriptions for weight-loss drug Wegovy covered by Medicare despite the federal healthcare program's decision to pay for patients with obesity at ri...
Medicare’s negotiated drug prices will save taxpayers $6 billion in first year, White House says
Medicare has reached price agreements for all 10 drugs selected for the initial round of negotiations under the Inflation Reduction Act, and those price reductions are expected to save taxpayers about...
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For the first time, Medicare cuts prices on the 10 of the costliest medications
The Biden administration said Thursday that it had reached an agreement with drugmakers to lower prices on the 10 costliest prescription drugs under Medicare.