Anyone seen this in their territory? Korean company, apparently they go straight to the c-suite, sell tka and tha on price and offer a service contract for coverage....
All that being true, the business model concerns me. Here is a company with virtually no overhead, no reps and offering hospitals pricing that is 40-60% what we are currently offering. The race to the bottom is underway no doubt, but I fear this sort of practice will have hospitals coming to us expecting the same sort of discounts "or else". They have no technology, no history, no lineage, but they have a knee and a hip that they are willing to give away for about 2k.....with bundled payments looming, it's something to consider.....
Time to move to small towns. Still getting beyond rediculas contract pricing. Dr's still have the say. Pick up a prp or stem cell on the side and its a good pay day.
