RAP 0.00% 20.5¢ resapp health limited

Ann: Best and Final Confirmation and Bridging Loan, page-229

  1. 294 Posts.
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    Following on from my earlier post.

    Within Australia based on the IER report and data from 2018/2019, the ResAppDx test could replace approximately 1.2M laboratory based tests annually.

    Doing a bit of googling about the current pathology costs for respiratory screens based on the Medicare Benefits Schedule (MBS) I came across this for Covid 19 screening costs from July 2021. I couldn't find any info about the multiplex PCR respiratory assay which may be more closely aligned to what ResAppDx can check for.

    https://hotcopper.com.au/data/attachments/4602/4602258-e07194263c8c47ad65be006483c60bb9.jpg
    Even assuming the lower end number of $50 for a COVID test and excluding other pathology based MBS items such as patient episode initiation fees and bulk-billing incentives (approx $10) the potential savings that ResAppDx could offer Medicare annually based on 1.2M tests are substantial.

    Further googling turned up the following Australian Government Investment Fund.

    https://hotcopper.com.au/data/attachments/4602/4602295-ca6198761bb4f47a871a740775c602a0.jpg

    Following a NO vote, this fund should be first port of call of the existing/ new board to spent some of their $9.3B cash on a great Aussie investment opportunity that not only offers excellent revenue associated with ResAppDx but also offers significant cost savings through Medicare.

    Just my thoughts.

 
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