Tuesday, October 26, 2010 9:44:30 PM
Patients who are admitted, if an actual sore exists or if the facility can prove the early stages of one...then the facility can bill for taking care of it.
If a patient gets a sore well in the hospital or LTC facility then the hospital pays for it out of pocket. On average it can cost 40K to cure an open sore. So that being the case a hospital and LTC facility have a ton of incentive to purchase this technology to prevent future losses.
So with or without insurance or medicare billings available...the company should have opportunities to sell the gun.
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