Profound Medical Corp (PROF)

[hayfarmer]

That is what investor relations told me...yes.

The two interviews I posted a link to are worth watching. Some stuff in there that is new. Here's a short list:

Some private insurance companies paying for the procedure too...I heard this in the conf call but I thought they meant medicare advantage but they mean non medicare insurance. That is huge imo.

CEO says many urologists and patients nervous about surgery because of the risks of side effects of incontinence and ED so they often opt for the watch and wait strategy. He can see this change at some point as using Tulsa carries minimal risk. IMO this creates an expanding market.

CEO says they are introducing something called thermal boost which will allow for ablation of tissue that has expanded into the surrounding muscle for advanced cases.

CFO said one hospital tried to negotiate the price down and they said no and a couple months later the hospital came back and wanted to install a device anyway.