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I had the same thought when reading the announcement first time...

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    I had the same thought when reading the announcement first time around.

    It would be good if more visibility was provided in terms of the breakdown.

    Nevertheless, you can work out a rough figure based on existing public information.

    Dartford and Gravesham NHS Trust
    - approximately 600 beds
    - A$1.9 million OPENeP contract to be recognised over six years as announced on 27 December 2019

    My estimate is therefore an annual cost of $528 per bed.

    If you apply that estimate to South Tees Hospitals NHS, which has approximately 1,000 beds:
    - $527,000 per annum
    - $2.64 million over five years

    Using that estimate, that Miya precision component of the five year contract would be $6.9 million ($9.5 million minus $2.64 million), which is largely consistent with the figure quoted by Kate Quirke in one of the recent webinar. She quoted an approximate contract figure of $7 million for a NHS Trust (although this would ultimately depend on the total number of beds)

    Nevertheless, today's announcement is a positive step in my humble opinion as it represent evidence of traction in the adoption of Miya precision, cross-selling and up-selling opportunities and the importance of reference sites and evidence-based clinical decisions.


    Last edited by composer: 09/11/20
 
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