Cardionet Vs LifeWatch

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I am interviewing with Lifewatch for a Ga. Sales Rep position. Can anyone offer some current information about this company? ...and how they compete in the marketplace against Cardionet and E-Cardio? Thanks!
 






Anonymous said:
I am interviewing with Lifewatch for a Ga. Sales Rep position. Can anyone offer some current information about this company? ...and how they compete in the marketplace against Cardionet and E-Cardio? Thanks![/QUOTE

You would be better served to forget about this industry and seek a real medical device position. cardionet and e-cardio own the business in GA and it would be a struggle for you there as well as very little pay. Lifewatch is a dying company...even the founder and CEO of the company was just kicked out by the Lifewatch board....so, what does that tell you about the company.
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I agree - if you have skills, this industry is not for you. Do yourself a favor and get a real sales job. This is nothing more than a glorified pharma job without the samples. MD's don't care about talking with you and you success ultimately falls in the laps of MA's and RN's and even if you win them over, the insurance companies will ensure that you don't get rich.
 
























I have systematically removed all LW business from my territory over the past 12 months and it has all been because of poor service and inconsistent reporting. They think they have a sexy story with their 3 in 1 device but they should have had it years ago when Medicare was requiring a holter before MCT - now everyone is moving away from using holters as much so they have to make up stories in order to drive business.
 












Stories that are meant to make physicians think that a holter test is a prerequisite for getting mobile telemetry approved. I have been hearing it all over my territory because my physicians respect my opinion and trust me to tell the them the truth. I don't have to use scare tactics to get my business. I would much rather have me head up my ass than work for a company that can't sell on merit or truth.
 












The Medicare issue in the past was not covering palpitations. Medicare and most commercial plans do not require a holter before tele but the companies that offer a 3 in 1 device (Specto-whore and Lifeless-Watch) try to convince everyone that a holter is a must before anything tele service can start.
 






























Here's a question - or a few... How will Medtronic's new implantable change the IDTF food chain? It wouldn't surprise me to see Medtronic make a big ITDF acquisition.

What is the market potential of Reveal given the cost and invasive procedure?
 






Well nobody has more IDTF sites than CN. Isn't getting bought up by a bigger company the whole reason for all the things we have done over the past 18 months - just look at that impressive timeline of partnerships, record monitoring months, product launches, stock price and acquisitions and now we are heading from good to great - who wouldn't be salivating to buy us? I hope whoever does buy us knows how to forecast properly can get a quarterly forecast out before the quarter is 1/3 over.
 












Anonymous said:
Well nobody has more IDTF sites than CN. Isn't getting bought up by a bigger company the whole reason for all the things we have done over the past 18 months - just look at that impressive timeline of partnerships, record monitoring months, product launches, stock price and acquisitions and now we are heading from good to great - who wouldn't be salivating to buy us? I hope whoever does buy us knows how to forecast properly can get a quarterly forecast out before the quarter is 1/3 over.
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I have to assume you are being facetious. Most companies want consolidation, not more locations. We have been promised a new product for years and still haven't received it. Stock price has been a disappointment and shares continue to be diluted. Not to mention a DOJ investigation that is still ongoing but apparently is starting to wind down. You'll see a change in executives before you see this company get sold.
 






What have you been smoking? Stock price goes from $2 to $10 and that's a disappointment? We aren't going to consolidate as long as California keeps getting over $900 for an MCOT session. None of our current facilities has what it takes to run the program - they drop the ball more times than an armless basketball player. Maybe the new acquisitions can show us the way it's supposed to be done. If any of the execs do go I hope they start with the ones who think they know how to develop an accurate forecast followed by the ones who are too afraid to spend a little money to get us the products we need to grow at the rate they expect and finally the worst of all - the one who runs customer service
 






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