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

Qatar flag Qatar · Delayed Price · Currency is QAR
4.536
+0.017 (0.38%)
Dec 17, 2024, 1:10 PM AST
-15.06%
Market Cap 1.28B
Revenue (ttm) 512.74M
Net Income (ttm) 51.34M
Shares Out 281.44M
EPS (ttm) 0.18
PE Ratio 16.60
Forward PE 13.85
Dividend 0.22 (4.85%)
Ex-Dividend Date n/a
Volume 847,357
Open 4.519
Previous Close 4.519
Day's Range 4.501 - 4.539
52-Week Range 3.900 - 5.570
Beta n/a
Analysts n/a
Price Target n/a
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

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 ...

1 day 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.

3 days 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.

3 days 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...

5 days 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...

5 days 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 days 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...

13 days 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...

14 days ago - 24/7 Wall street

The ‘cut spending’ conversation finally arrives at Medicare

Will a lame-duck President Donald Trump protect Republican elected officials from unpopular spending proposals?

15 days ago - The Washington Post

Will Trump nix Biden’s coverage plan for weight-loss drugs? It’ll be a close call.

While President-elect Donald Trump looks poised to scrap many policies of the Biden administration, one veteran analyst says it’s possible he could end up supporting the Democratic incumbent’s proposa...

17 days ago - MarketWatch

US trails developed democracies in healthcare costs for older adults

Report comparing 10 peer countries shows how holes in Medicare coverage lead to Americans skipping care Older Americans spend more on healthcare than peers in 10 other developed democracies, a new Com...

17 days ago - The Guardian

Medicare open enrollment ends Dec. 7. These last-minute tips can help

More than 67 million beneficiaries rely on Medicare for health care coverage, and they still have several days to select their plans for 2025.

18 days ago - CNBC

Big Pharma Pushes To Revise Biden-era Medicare Drug Price Negotiation Law Under Trump

The U.S. pharmaceutical industry is actively lobbying for revisions to the Medicare drug price negotiation provisions of the Inflation Reduction Act (IRA). The IRA empowers Medicare to negotiate price...

19 days ago - Benzinga

Potential conflicts of interest may haunt Dr. Oz’s confirmation to run Medicare, Medicaid

Dr. Oz has extolled Ozempic’s promise for weight-loss. Now Medicare, which Trump wants Oz to oversee, may cover it.

19 days ago - The Washington Post

How to take advantage of Medicare’s expanded drug benefit in 2025

It will be easier to spread out Part D drug costs over the year, while the total annual cost of medicines will be capped at $2,000.

20 days ago - The Washington Post

Indian-origin neurosurgeon in US fined over $2 million for medicare fraud involving fake surgeries

Indian-origin neurosurgeon Dr Rajesh Bindal from Houston has been fined over $2 million for fraudulently billing Medicare and FEHBP for surgeries he did not perform. Bindal allegedly taped devices beh...

23 days ago - The Times of India

3 Things Too Many Retirees Don't Know About Medicare

It's important not be to kept in the dark.

23 days ago - The Motley Fool

Ozempic covered by Medicare? It could be if Trump agrees to a Biden proposal with a $35 billion price tag

Millions of obese Americans would get access to popular weekly injectables that would help them shed pounds quickly if a $ 35 billion proposal from the Biden administration is blessed by President-ele...

25 days ago - Fortune

Biden proposes expanded coverage for weight loss drugs under Medicare, Medicaid

The Biden administration has proposed a plan for Medicare and Medicaid to offer coverage for weight loss medications, such as Ozempic and Wegovy.

25 days ago - NBC News

Biden proposes Medicare and Medicaid cover weight-loss drugs for 7.4m people

Move aims to tackle US’s chronic obesity problem, but poses a challenge to Trump’s incoming administration The Biden administration is proposing to make “miracle” weight loss drugs free for low-income...

25 days ago - The Guardian

US stock futures shrug off tariffs and Best Buy earnings

US stocks aren't phased by Trump's latest threats of tariffs on Canada, Mexico and China. S&P 500 futures are up 17 points, 0.3%, ahead of the open, which is the best level in the pre-market session. ...

25 days ago - Forexlive

Ozempic, Wegovy covered by Medicare and Medicaid under Biden admin proposal for anti-obesity GLP-1 drugs

The Biden administration is looking to expand access to anti-obesity GLP-1 drugs like Ozempic and Wegovy for people who have Medicare and Medicaid.

25 days ago - Fox News

Weight-loss stocks get a boost from new Biden proposal on drug coverage, but will it hold up?

The stocks of companies that make the new class of drugs to treat obesity and manage diabetes were higher across the board early Tuesday, after the Biden administration proposed a rule that would allo...

25 days ago - MarketWatch

Biden proposes requiring Medicare, Medicaid to cover weight loss drugs

The Biden administration plans to require Medicare and Medicaid to offer coverage of weight loss medications for patients seeking to treat obesity.

25 days ago - NBC News