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Biotech / Medical : Vasomedical Inc.
VASO 0.170+6.3%Dec 5 9:30 AM EST
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To: Fred Levine who wrote (811)12/30/1997 9:27:00 PM
From: DrJerry  Read Replies (1) of 1605
 
FRED: I think you are underestimating the volume of
patients per machine. Currently in NJ there are machines
handling patients in 2 shifts/day thus allowing 8-10
patients at a time. Utilizing a 7 day work week for
efficiency then each machine could handle approx. 80
patients/ year. A four bed unit could thus service approx. 300 patients/ year. With expected reimbursement
rates of $5-6000/patient gross revenues would be 1.5-
1.8 million for such a unit. Overhead is considerably less than an average physician office more in the 30-40%
range. Sooooo- if efficacy continues to be proven then
the outlook for EECP is good. Don't sell your stock yet!
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