The use of the Technology Rental Program represents only a single-digit premium to the cost of a cash purchase, so the flexibility provided by the program is an important value-add for Restoration Robotics’ customers.
Cleveland, OH (PRWEB) October 16, 2012
MedVentures LLC, a leading healthcare services company, announced today that it will provide its Technology Rental Program to Restoration Robotics, Inc., the premier manufacturer of hair restoration surgical systems.
“We are proud to announce our alliance with Restoration Robotics,” said William Curtis, Chairman and CEO of MedVentures LLC. “We fully recognize that MedVentures’ success is a direct result of relationships with and creating value for leading medical technology companies like Restoration Robotics.”
The Technology Rental Program will provide Restoration Robotics’ customers with a unique way to acquire the Restoration Robotics’ industry-leading ARTAS System. The 12-month, per procedure rental agreement provides the customer with several options at the end of that period, including the ability to purchase the equipment, to extend the rental by 12 months, to convert into MedVentures longer term Technology Access Program or to return the equipment.
"With approximately 75% of the per-procedure rental fees applying to the customer’s subsequent purchase of the ARTAS system, the MedVentures program is an easy and affordable way for physicians acquire this important, patient outcome and practice enhancing medical technology," said Curtis. "In fact, the use of the Technology Rental Program represents only a single-digit premium to the cost of a cash purchase, so the flexibility provided by the program is an important value-add for Restoration Robotics’ customers."
For more information on MedVentures’ new Technology Rental Program, visit http://medventuresllc.com/medventures-programs/.
About MedVentures LLC:
MedVentures is a national healthcare services company that partners with manufacturers, hospitals, outpatient centers and physician groups to resolve the growing conflict between capital constraints and medical technology needs. The company's 12-month Technology Rental Program provides its client-partners with important medical technologies for which they either do not have the capital budget or that they want to "test drive" before making a long-term commitment. The longer term Technology Access Program is an off-balance sheet, capital free program that includes the equipment, service and upgrades, coding/reimbursement support and outreach marketing, all on a per procedure fee basis…with no minimum periodic payments and no procedure volume guarantees. To learn more about MedVentures’ programs, visit http://www.medventuresllc.com.
About Restoration Robotics, Inc:
Restoration Robotics, Inc., a privately held medical device company, is dedicated to revolutionizing the field of hair transplantation by developing and commercializing its state-of-the-art image-guided ARTAS System. This interactive, computer assisted system uses image guided technology to enhance the quality of hair follicle harvesting for the benefit of physicians and their patients. To learn more about the ARTAS System and its unique technology, visit http://www.artashair.com.