Couldn’t agree more Dory - volume has dried up and the last announcement about the excellent metrics may start to resonate with investors:
“The meaningful reduction in healthcare events is also likely to lead to reductions in healthcare costs for payors/insurers.
Highlighting the significant financial impetus for clients to engage Respiri’s services.
Key recorded metrics are:
- 56% reduction in re-hospitalizations
- 42% reduction in length of hospital stay.
- 47% reduction in emergency room visits
- 91% improvement in medication compliance”
for those of us here who have had faith in the opportunity here then all the signs are clear that some great things are happening ! I thinking this will just move progressively higher from here and I’m looking forward to seeing the last quarters numbers and if they have increased from last quarter. If they have it could be the very early signs that this market opportunity with Remote Patient Monitoring paid for by insurers and Medicare/Medicaid is starting to get traction. Remember that only circa 5% of patients are using RPM so the opportunity is largely untapped ..
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