RE:RE:RE:RE:RE:RE:RE:RE:RE:looks like we have nice upsite today Quite right. End user doesn't equal to buyer, and for the billing question that has been taken care of. Vpt has secured a billing code with all the hospitals. It's quite lucrative from one of the many interview given.
Quanadien wrote: woundedknee wrote: Do the doctors, as individuals, have the discretion to buy on their own? I would say no. This needs to be sold to hospital administrations and larger institutions like the collaboration we now have with GE. On the other hand, you're right, in the sense that doctors are the users and can alert those with the power and purse strings.
Yeah Im pretty sure a doctor cant buy it for himself... must probably need to be approved by administration... also I would say even the administration of the hospital... probably must need to know if insurance would pay for that kind of service. They do pay for MRI as it is known and consider valid. But would they pay for that new kind of service... I think is also to be determined. If insurance companies dont reimburse what VPT technologies gives as information... I doubt management will buy their product as they wont be able to bill for that service. Also... it wouldnt be great news if the sales are mostly individual like (1-2 units per transaction....) I think investors are hoping for a significant number of units sold per transaction (a number I do not know... as we dont even know they sell one for how much.... or maybe you guys got a number $ for a unit??) Glta