Single port has to be cheaper to operate because it has less operators involved and it takes less operating room time to use a single port and there is less possibilities of infection with less holes in the body etc.
The device cost is not equal to operating cost or procedure cost or final cost to insurer.
That is still different than "Capital Price." And the Device Price Parity seems (to me) to mean purchase price of the system...
If they meant Operating Expenses, they should have said so.
Titan was up front about expected costs for the system as well as supplies, operating expenses, service contracts, etc.
I suppose we are all just guessing at this point if there is no standard definition to the specific term "Capital Price" as it might pertain to this situation. Maybe that's what Verb was counting on!
Reply to: elMoose Tuesday, 10/08/19 01:14:23 PM Re: 66Mustang post# 97836 Post #97839 of 97840
Capital expense if just the cost of device excluding the operating expenses.
So they are saying that ISRG's device is a lot more expensive for the same functionality. The operating expenses are not included and that is the cost of consumables etc. That operating expense is function of disposable devices and number of people that need to be employed to work the device and whole bunch of other costs that are device specific.
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