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VentriPoint Diagnostics Ltd V.VPT

Alternate Symbol(s):  VPTDF

Ventripoint Diagnostics Ltd. is a Canada-based medical device company. It is engaged in the development and commercialization of diagnostic tools to monitor patients with heart disease. It develops a suite of applications for all heart diseases and imaging modalities, including congenital heart disease, pregnancy, pulmonary hypertension, COVID-19, technically difficult imaging and cardiotoxicity in oncology patients. It provides application of artificial intelligence to echocardiography. Its flagship product, Ventripoint Medical System (VMS+), enhances echocardiography to deliver cMRI levels of accuracy for volumetric measurements and ejection fractions for all four chambers of the heart. It has developed a solution that transforms cardiac care through its 3D ECHO and MRI software. VMS products are powered by its proprietary Knowledge Based Reconstruction technology, which is the result of a decade of development and provides accurate volumetric cardiac measurements equivalent to MRI.


TSXV:VPT - Post by User

Comment by old_dogon Oct 29, 2020 10:30am
79 Views
Post# 31802889

RE:The question becomes?

RE:The question becomes?
canon12345 wrote: Do you believe George is going to do what he says and get 80-100 installs in the next year and sell out or not? There are 18 installs at the moment and it doesn't seem a big stretch to get to 80-100. Would be nice if they did a news release giving us an update but really the video is better then an update in my opinion. Don't understand the selling myself unless people don't think George will get this done. He has done it multiple times before why not again?


Lets work some math....80 units...it's a huge megalithic number...NOT. As George alluded to in his most recent Promo video he did with the company they hired to do PR work south of the border some of the hospitals they are working with have 6 different locations and I'm sure there must be at least 6 of those situations. Europe is another area where a single unit per hospital will be bumped up once they see the benefits......then there would be all the hospitals where they have 2 locations.

So lets add them up.....we'll say 52 states....10 provinces.....6 European hospitals..

52 states at 2 units per state
10 provinces at 2 per province
6 European hospitals at 2 per hospital

104+2+12= 118 units.......and there is nothing stating that these numbers wouldn't get higher based on the two methods of aquiring the machines. Not to mention the billing aspect for the american hospitals. 

And they bill for everthing.......just an example...A good friend and his wife went to Florida for a vacation and once they were there she fell....broke her hip. He was telling me that when they wre leaving he was presented a bill for all the costs.....then he notices this $20.00...$20.00...$20.00...it's proliforated throughout the whole bill...He asked the doctor what are all these $20.00 costs. The doctor tells him "The phone.....every time he picked up the phone and called down to get a result for a test ar have a result confirmed or request a test.....every time that phone was used. My buddy told me he near lost IT...he said your telling me the thousands of dollars of $20.00 were for using a standard phone for 1-2 minutes at a time. YEP he replied. I mean we're talking about a hospital that was 20 years old with a hard wired phone line.  

Back to the real issue.....100 units can be done will ease as far as I can tell. It might be more of a case of exceding 100 units.....these machines are not big cost outlay machines and they have the ability to become fast money makers  for hospitals and money savers for american medical insurance providers so you might actually see insurance providers pushing the equipment if it can save them a buck or two.......and how is that possible....when two options become available and if... I say if it can be proven that 1 method matches or excedes the other any company paying another company for the procedure would authorize one for payment while either reducing the payment on the other or not paying or it at all. Anything can happen.....after all the pandemic is over now it's offically signed off by the White House.


old_dog 

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