Titan Medical Inc (TMDIF)

[Bristol19]

Speaking from experience, my large academic medical center could easily spend a year in pre-purchase decision making and planning for a system like SPORT, no matter how badly the surgeons wanted it.
Even if the money is there.

Medical Devices board submission, budget/fiscal year planning, biomedical approval, price negotiation, OR retrofitting, Info Systems planning, data security, infection control review, cleaning protocols, storage plans, training protocols for any level of staff that will near SPORT, business plan for implementation/use, nursing planning, negotiation for parts/disposables/stocking....

It's enough to make your head spin now. Doesn't matter if it is a new MRI machine or an infusion pump. They can spend a year picking out new hospital bed mattresses.

It will be a while before sales will start moving. Just to warn you all. The bureaucratic inertia is massive and getting bigger all the time. Ask any medical sales person who has been around for 10-20 years.