MLR
Miller Industries, Inc.
stock NYSE

• Healthcare adoption is slow — hospitals and provider groups take 12–36 months to evaluate, approve, and integrate new software.
• Clover needs stronger proof first — they must show sustained internal results (lower MLR, better outcomes, provider satisfaction) before outsiders trust Clover Assistant.
• Enterprise SaaS deals take years — selling to healthcare systems requires pilots, audits, compliance reviews, and long contract cycles, so scaling meaningful revenue is slow.
Mainly Chat GPT conversations, but also the nature of Counterpart is that it lowers MCR by helping providers identify risks earlier and manage patient care more efficiently, reducing preventable high-cost claims. So in essence, let’s say Humana fully has Counterpart adopted, it will take a few quarters for significant savings to materialize.
So it really depends on how far along some of the deals are that are in the pipeline as of now to start seeing some positive earnings results.
Hence I am very curious to see what the catalyst is that takes us to $6+ in 2026 if it happens at all.

• Healthcare adoption is slow — hospitals and provider groups take 12–36 months to evaluate, approve, and integrate new software.
• Clover needs stronger proof first — they must show sustained internal results (lower MLR, better outcomes, provider satisfaction) before outsiders trust Clover Assistant.
• Enterprise SaaS deals take years — selling to healthcare systems requires pilots, audits, compliance reviews, and long contract cycles, so scaling meaningful revenue is slow.
Mainly Chat GPT conversations, but also the nature of Counterpart is that it lowers MCR by helping providers identify risks earlier and manage patient care more efficiently, reducing preventable high-cost claims. So in essence, let’s say Humana fully has Counterpart adopted, it will take a few quarters for significant savings to materialize.
So it really depends on how far along some of the deals are that are in the pipeline as of now to start seeing some positive earnings results.
Hence I am very curious to see what the catalyst is that takes us to $6+ in 2026 if it happens at all.