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Saturday, February 24, 2018 1:23:01 PM
earliest the company could sell a unit is 2020.
Those in the medical hospital industry know that the capital purchase budget takes at least a year and a half to ear mark money. At my hospital if Sport was available tomorrow I would have to go through at least 6 months of committee meetings just to get to put the robot on the next years budget. And than there is another approval process once on the budget based on the hospitals finances for that year.
That is why is was so important to get going this year. Healthcare is always changing with fiscal policy. I personally will hold a smaller position after the CC and re-evaluate the progress of the company before buying more. Just lost that confidence that the same would change to different.
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