There are around 6,000 hospitals in the us, with a total of about one million beds. If there is a need for one unit per ten beds, that comes to 100,000 units for hospitals alone. If the device needs to be replaced every 5 years, that would come to a 20,000 units sold per year, or $20 million a year in revenue. Globally it could be $100 million a year.
Thursday, July 25, 2013
Wednesday, July 24, 2013
Acoustic Cardiac Monitor - The monetization
The device would be be sold on a per unit basis for about one thousand dollars. I expect that a clinic with ten rooms may only need one unit. A clinic specializing in heart care would probably need twice as many.
Tuesday, July 23, 2013
Acoustic Cardiac Monitor - The idea
We have simple technology that measures blood pressure and pulse. There should be another simple medical device that can determine if a patient has an arrhythmia, such as mitral valve prolapse. The sensor would be a digital stethoscope that is placed on the patient's chest for a few minutes. The computer attached to the sensor would use pattern recognition to determine which, if any, arrhythmia the patient has. This could be turn what is now an appointment with a specialist into something a nurse can do on demand, and more people could be screened for heart rhythm or other abnormalities.
Monday, July 22, 2013
Acoustic Cardiac Monitor - The motivation
Diagnosing heart rhythm abnormalities is a somewhat involved process where a specially trained doctor listens to the patients heart. This is a waste of medical resources, and should be off-loaded onto computers.
Sunday, July 21, 2013
Hater Network - The pitch
A place to bitch about things, coffee sucked today? Stop light has messed up programming? Bitch here. If something really bothers you, you can try to organize with other haters for real change.
Saturday, July 20, 2013
Hater Network - The fun part
Social networks are really scary businesses. They have no inherent value. Period. The only value social networks have is their use, so the key to making this into a real business would be to make a compelling product that people want to use routinely and share with their friends.
Friday, July 19, 2013
Hater Network - The growth potential
If the network took off, tens of thousands of businesses would want to sign up. The revenue could grow to millions of dollars per year with most businesses signing up for basic monitoring. The ad system could also grow to millions of dollars.
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