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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 29.77+3.7%Nov 5 3:59 PM EST

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To: poodle who wrote (609)12/17/1997 1:12:00 AM
From: Quad Sevens  Read Replies (2) of 5736
 
"On average, it required 5.7 (range, 4.6 to 6.5) minutes of a phlebotomist's time to obtain a capillary blood sample for a serum bilirubin determination, whereas a TcB measurement required 27 (range, 10 to 40) seconds. The direct cost of performing a serum bilirubin determination was $2.20 per test, compared with $0.15 per test for a TcB measurement, a savings of $2.05 per test."

The direct cost of $2.20 obviously does not include the labor of the phlebotomist, which is likely to be way over $2.20 for about 6 minutes of highly specialized (and well compensated) work. Note that CCSI's procedure decreases the amount of labor involved by a factor of 12 to 13; that should amount to substantial savings.

"They do not include spectrofotometer price."

Nor did they include the price of the lab equipment used for the standard test.

"They did not calculate the price of education."

For either procedure.

"Remember that the simplest way to determine jaundice is still eye, almost 0 direct cost."

Find a doctor out there who would use the eyeball test when CCSI's procedure is available and I'll show you a long line of lawyers.

Wade
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