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Banu Prasad

๐Ÿ‘ค Speaker
145 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

So such medical devices, it's somewhere around 3,000 units.

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

3,000 units.

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

Okay.

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

Time for manufacturing.

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

Yeah.

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

So these are, it looks like an iPad.

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

Those are Android tablets, which are customized for HBOK.

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

So they come with our built-in software.

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

So they are not an iOS platform.

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

They are an Android.

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

Correct.

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

That's where I meant that we tap into the, my previous venture was in the same space.

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

So we work with contract manufacturers in China to bring down the cost.

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

So we don't, let me give you, walk you through our business model, right?

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

We don't lease hardware separately.

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

What we do is we charge per patient on a per month basis, anyway, between depending on the volume of the clinic, anyway, between 60 to $79 per patient per month.

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

Now, those are the patients whom we have delivered this service with, which includes the hardware.

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

No, 10 patients, but all those 10 patients would have been given this hardware that they can carry to the patient's home.

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

And this is a subscription that patient

SaaS Interviews with CEOs, Startups, Founders
HealthTech Hits $1.4m ARR in 12 months with genius medicare reimbursement model

When the patient visits the physician, the patient gets this kit to take it home.