$PSID announced today its Thermomedics Inc. subsid
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Posted On: 07/20/2017 11:01:45 AM
$PSID announced today its Thermomedics Inc. subsidiary has reported its second consecutive quarter of significant unit sales growth for its Caregiver® non-contact thermometer. Sequential unit sales of the caregiver non-contact thermometer grew 48% in the first quarter and 37% in the second quarter of 2017.
Thermomedics has expanded the distribution channel for Caregiver in 2017, adding National Distribution & Contracting (NDC) and MedPro Associates to its network. NDC purchases units of Caregiver to distribute to its member distributors serving the acute care, alternate site, long-term care and home health segments. MedPro, a national contracted sales firm, markets Caregiver to the alternate site and long-term care markets, along with targeted acute care facilities.
Caregiver, which is FDA cleared for clinical use, is a professional grade, infrared thermometer for measurement of forehead temperature without contact in adults, children, and infants. It delivers an oral-equivalent temperature directly from the forehead in one to two seconds. Since there is no skin contact and Caregiver does not require probe cover supplies, it reduces the risk of cross-contamination, which is an increasing concern, and saves healthcare facilities the cost of covers, which are as much as $0.10 per temperature, storage space, and waste disposal costs. It is estimated that Caregiver can offer savings of $250 or more per year per device in probe cover supplies alone.
“Building out the distribution channel for Caregiver to access broad segments of the healthcare market is an essential part of our plan to grow sales,” stated Gary O’Hara, Chief Technology Officer of Thermomedics. “As we continue to focus on finding the right partners to increase our sales pipeline opportunities, we are also dedicated to improving our technology and product offering to be on top of industry trends like our newest Bluetooth®-enabled Caregiver.”
PositiveID reported revenues for Medical Devices segment, which consists of sales of Caregiver, for the three months ended March 31, 2017 and December 31, 2016, totaling $95,000 and $71,000, respectively. PositiveID expects to report revenues for the second quarter of 2017, when it files its Form 10-Q in August 2017.
https://finance.yahoo.com/news/positiveid-rep...00355.html
Thermomedics has expanded the distribution channel for Caregiver in 2017, adding National Distribution & Contracting (NDC) and MedPro Associates to its network. NDC purchases units of Caregiver to distribute to its member distributors serving the acute care, alternate site, long-term care and home health segments. MedPro, a national contracted sales firm, markets Caregiver to the alternate site and long-term care markets, along with targeted acute care facilities.
Caregiver, which is FDA cleared for clinical use, is a professional grade, infrared thermometer for measurement of forehead temperature without contact in adults, children, and infants. It delivers an oral-equivalent temperature directly from the forehead in one to two seconds. Since there is no skin contact and Caregiver does not require probe cover supplies, it reduces the risk of cross-contamination, which is an increasing concern, and saves healthcare facilities the cost of covers, which are as much as $0.10 per temperature, storage space, and waste disposal costs. It is estimated that Caregiver can offer savings of $250 or more per year per device in probe cover supplies alone.
“Building out the distribution channel for Caregiver to access broad segments of the healthcare market is an essential part of our plan to grow sales,” stated Gary O’Hara, Chief Technology Officer of Thermomedics. “As we continue to focus on finding the right partners to increase our sales pipeline opportunities, we are also dedicated to improving our technology and product offering to be on top of industry trends like our newest Bluetooth®-enabled Caregiver.”
PositiveID reported revenues for Medical Devices segment, which consists of sales of Caregiver, for the three months ended March 31, 2017 and December 31, 2016, totaling $95,000 and $71,000, respectively. PositiveID expects to report revenues for the second quarter of 2017, when it files its Form 10-Q in August 2017.
https://finance.yahoo.com/news/positiveid-rep...00355.html
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