Hoi Robsonopa,
Hier de email:
Dear Shareholder
Please find below a response to a letter from a fellow shareholder who is wondering why we do not pursue more acute care opportunities with Verizon.The quick answer is that we do not want to loose the focus on Public Health and the available billions in immediate Federal funding which will prove to be be a must faster money maker for us than complex acute care. I explain this in the letter.
Dear Peter,
The investment in Nantl Health is excellent news, it confirms the general orientation of Verizon towards
healthcare in spite of their early setbacks in the field after spending over a billion on their secure health cloud.
Their investment company , Verizon Investment LLC means to help create future user of their platforms.
Just like Google before them, Verizon will need a critical mass of hundreds of applications providers to build their medical solutions business.
That said, our alliance with Verizon is focused on getting contracts from existing Federal programs which are obvious low hanging fruits for partnerships like ours. These programs running into tens of billions are about public health issues much more than actual clinical work like cancer care.
Remember that our JV with the State of Maryland is focused on transition care, monitoring of chronic conditions for the CDC,
National security issues such as Bio terrorism, bringing medical support to First Responders and helping the VA
monitor beneficiaries at a distance. These are all public health initiatives based on simple data point analytic and interventions driven by Federal and State initiatives. We also look forward to distribute simple apps to clinicians free of charge to increase our user base as a mean to drive our company valuation model.
These are public health fields where we have no real competition and no regulatory roadblocks.
We work with the likes of DOD, homeland security, CDC and other agencies that have huge budgets and means and a greater willingness to do the right thing. As for cancer care we have no plans at this point in time to engage Verizon in anything remotely involving some of our rocket science technology. Transition care is our ticket, we are alone....where as treating tumour staging
on mobile is still years away.
Dont forget Nantl is getting an investment, why not, but not a client yet.
Thanks for you interest and support as always
Kind Regards
Gerard
PS have you seen New jersey and Staten Island? You can see why our first response initiative is so important.