So the cost of a tavr procedure is about $60k of which the device is about $30k, so the operation costs $30k. We get reimbursed $25k. If the actual production cost is say $5k, then we are out of pocket $10k per trial op. Not that bad.
Then it is the cost of our competitors device and operation costs for the trial. Someone said medicare covers this. Is that fact?
Ann: Update on Pivotal Trial Submission, page-4
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