- SleepMore Devices - Business Plan OverviewAd id: 36 | Views : 913
- Price : Please contact
- Date listed : 2009-07-27 21:50:24
- Zip code : 64108 exact map location
-
"Build a better mousetrap and the world will beat a path to your door." Ralph Waldo Emerson
It is estimated that 61 million Americans suffer mild to severe Sleep Disordered Breathing (SDB)
and 94% of these are yet to be diagnosed. Obstructive Sleep Apnea (OSA) represents the
majority of this market in which the breathing passage seals during sleep, resulting in fatigue and
has been directly linked to cardiac disease and diabetes.
Public awareness is poised to soar. Medical device sales in this therapeutic segment are
already on a steady 20% annual climb. Recent regulatory changes have made home
sleep testing affordable and accessible. Another important new Medicare regulation
requires improvements in patient data collection and monitoring.
This "Perfect Storm" has created an environment where a start-up with an innovative
device can capture a significant market share.
The most typically prescribed therapy is known as a Continuous Positive Airway Pressure (CPAP)
device which provides constant airflow via a face mask to maintain uninterrupted breathing.
CPAPs are a $700 million US market at factory wholesale prices. This translates to over $2 billion
billed through health insurance, when dispensed by Durable Medical Equipment (DME) providers.
DME's are responsible for bearing the cost of delivery, initial set-up, monitoring patient
compliance and reporting to Medicare. Current systems require patient interaction and are subject
to fraud and human error. Recent Medicare coverage pronouncements require proof of compliance
and patient benefit to assure reimbursement.
If you are interested in investing in a global solution to these and future changes, please contact;
Thomas Heshion
SleepMore Medical Devices
816.728.2933
Theshion@hotmail.com
You are about to contact the poster. To avoid scammers please follow these common-sense rules:
1/ Deal locally with people you can meet in person.
2/ Never wire funds via Western union or any other wire service.
3/ Corporate Factors Business Classifieds is not involved in any transaction, and does not handle payments, guarantee transactions, or offer 'buyer protection' or 'seller certification'.
4/ Never give out financial information (bank account number, social security number, eBay/PayPal info, etc.)
5/ Avoid deals involving shipping or escrow services.
Contact poster