Interviewing for a TM position and it does seem like there could be some money to be made here there are some concerning facts about pursuing this position. Can someone( smart ass comments welcome) address these? How are the capital sales going? Are the sheaths really a competitive advantage or are they looked at as added cost? What will happen when Medtronic releases their UPC line? They have those urologists on lock down from their interstim device.
Take this for what it is worth. I left the company because the management team is a mess. No vision or leadership. The endosheath is not what they had hoped. It is viewed in the majority of accounts as an added expense. It is a solution to a problem that does not exist. It is a very difficult sale in many territories. Does it have its place in certain accounts, yes. If I were having a cysto would I want it used, yes. However, practices can not offer it to everyone and take the $35-$40 hit on every cysto. The companies ROI was extremely flawed. As for UPC, again the company has no vision. The buy and bill model is dying. Many offices just can't justify tying up a room for 45 minutes to make $45-$70 per visit. In addition, something management never understood is that there is a maximum number of patients a practice can have on PTNS before they run out of time slots. They always push for more boxes, well some accounts are at max and can't order more boxes. The question you ask about Medtronic is the big question for the last year. Will they undercut the price? Will they bundle with interstim? Will they go after key accounts? Who knows, but we do know that Medtronic is a huge company with deep pockets and Cogentix is a small company burning through cash. A small hit to business revenue with eventually bankrupt the company. My advice to you. If you are desperate and need a job, take it. You can make some money in the right territory. If you have a decent job and think this is a stepping stone. Stay where you are.
Not a zoo, was an insane asylum, until the CEO got fired. We are not yet ready to return to normal, it all depends on how the new guy runs this company. Until then the verdict is not yet in.
His leadership traits in some senses parallel those of the fired CEO, so I place his odds at becoming the permanent CEO at 50-50.
You're kidding right??? DK started this slide and under his tenure, built the lousy foundation for what what RK eventually turned into rubble! Both should never be allowed to even be mentioned with the word success or Uroplasty
Easy there champ. It's Hammer time and ole Darrin will pull us through in grace and style and pad our pockets in the process. Deep breaths baby, we're fine Amigo
Slow down Amigo. DH is not much different from RK, he is just the other side of the same coin. He is not a leader, plane & simple. He is a good manager though, and there is a vast sea of difference between a leader and a manager.
