If I understand PD correctly, the implementation has been slow due to the integration process into the system of the smaller aged care groups. Whereas the US market, partnership with the likes of Pointclick Care, the integration into their system is already done and ready. These partners will help with reselling & implementation which will be much faster and easier.
I can sense his frustration at the people not seeing the big picture. He even quoted the Cochlear experience when he was employed to break into the UK market. It took 8 or 9 years. And by going international, Cochlear went from around $3 at the time to its current share price. He said if Cochlear had decided to just keep with the ANZ market, it would have missed out on such a huge opportunity. And now, PCK is just like where Cochlear is at when it started to go truly international. Especially like Cochlear at the time, Painchek is also a monopoly being the only approved digital pain management system.
All in all, it has been a really good webinar. Lots happening. I am certainly going for the SPP.
Above just my own observation and opinion. Please DYOR.
Add to My Watchlist
What is My Watchlist?
