TSXV:ISD.H - Post by User
Comment by
Widwillyon Jul 16, 2020 4:22pm
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Post# 31278044
RE:RE:Scalability of Sam
RE:RE:Scalability of SamQuite possibly Matus as only the market of supply and demand will ultimately establish a true dollar value for this service. Obviously Corbiz & ISign want their revenues and the end provider wants it as reasonably as possible. The care providers will write off any costs against their corporate costs and can easily justify the expense (as long as its reasonable) to their governing bodies. If we can get the tech out and it works then the true value will be in the huge market to scale in Canada and USA to start.
Personally I would think an option of a given dollar amount on a graduated scale per nursing home may be something to consider.
200 bed facilty pays a flat rate of say $25 per bed or $5000 per anum of recurring revenue.
300 bed facilty pays $7500 per annum and so on.
This will really comes down to acceptance of our tech as a valued service which seems to be a no brainer as it benefits the long term providers, clients, their family & friends. I've got to think this should also help long term providers with their liabilities as they can say they are doing everything possible to increase timely communications & taking proactive steps in addressing this issue that always is front and center at any workplace - lack of timely communication.
I think we can debate cost of service at length and its accepted value in the market place but in my mind it comes down to Corbiz & Isign not being too greedy and we will be just fine. Then scale, scale, scale.