Assuming it's A$1,000 (US$650) per CT LVAS scan, then I think on a conservative margin of 85% to 4DX, we are talking about A$850 per scan. This is for private outpatient providers billing through Medicare. For the VA, we might even give a bulk discount but the amount would still be large on around 15% commission to Philips.
And through private insurers, the amount should be even much larger than A$1,000 per scan, before deducting commission. One study found that outpatient services reimbursed by private insurers paid between 189% to 264% more than Medicare for the same services (on these figures, this would mean A$2,900 to $2,640 per scan -- which I personally think would be extortion if it actually costs this much).
The approx. 15% margin to the provider comes from Ord Minett's May 2024 report (below) where they conservatively estimate our net revenue is US$550 (out of US$650) for CTLVAS and US$250 (out of US$299). But obviously there is plenty of room to play around with margin for CT LVAS to entice commercial players to sign on.
https://www.asx.com.au/content/dam/asx/broker-reports/2024/4dx-update-ordminnett-100524.pdf
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