EG ..
thanks .. my enthusiasm is based upon all of my research and understanding.. from countless hours of meetings and conversation with people in the company.. over the last 7 years.. plus analysts info etc..
re the required % figure.. its on an individual hospital/clinic basis.. if they have 80% coverage .. that means 1 in 5 patients are not covered.. which means admin etc for the hospital ..and they just do not want to do that ..!! so forget the doctors oath of do no harm etc as they will all say that up front but.. its all about the commercial reality and business processes .. the higher the % covered.. the less admin they have to do ( with patients not covered ) and the easier it is for them work wise plus getting $$ in the door .. just how it is in Planet America Health care..
as you say you would have to have a discussion with each hospital etc to find what their threshold is.. 80% is a start .. the higher it is from there clearly the better..
the issue for me ( and all of us by default ) is its just going to take time to get to the point where momentum is gained re acceptance and sales and the market sees this... as I mentioned before the NAPBC is a big deal .. that is the US College of Surgeons ( there is nothing higher than this ) and they have significant weight with their policies etc.. and there are some 420..? centres who now need to set up a LPP as required by their guidelines or they will lose their accreditation .. that won't let that happen and centres already have started to reach out to their required ins co's to get SOZO covered and go from there .. all other methods to run a LPP take more time and are less accurate.. by default SOZO answers their requirements..
when you think that the average hospital running SOZO with a LPP has multiple devices.. even for this "chat" if its just 2 ( but its more than that already in the world ) there's another 800 plus devices from NAPBC .. plus the 580 leads already being worked on.. and on it goes.. these alone turn the Co into profit past just CF pos.. and this is just the start.. end game is over 6,000 hospitals and 24,000 ? clinics in US .. thats my enthusiasm..
my enthusiasm remains fully intact.. but am also fully aware of the market situation.. for me it would be at least no different without the changes done.. in reality though I suspect much worse.. co has been turned to focus on sales.. and cost cutting will start to show up.. ( MG said Op Ex of $3.5m or less this qtr ) tell me where it would be with out that .. I know the dissenters disagree but I'm still to see anything posted about how it would be different.. . outside of their imagination.. love to hear about any of their meetings etc they had with Ric/Tim/Don/Dave...
looking forward to the informed and polite responses no doubt to come .. lol..
cheers ..
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