BME100 f2016:BME100 f2016:Group8 W1030AM L1

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Lab Write-Up 1 | Lab Write-Up 2 | Lab Write-Up 3
Lab Write-Up 4 | Lab Write-Up 5 | Lab Write-Up 6
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OUR TEAM

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LAB 1 WRITE-UP

Health Care Issue



Competitors

Advantages


Disadvantages




Customer Validation

Patient
This advancement will interest the patient because it benefiting their wellness and safety in the hospital. Patient receives a higher level of care, better safety.


Payer
The unique attachments will provide a financial reward for the payer. With this advancement it will benefit the payer because of the decrease in accidents and even deaths. Payers are interested in a low price and a high quality technology. This technology will provide a huge benefit to cost ratio.


Physician
This advancement is easy to use and it will decrease the amount of accidents that happen, in the hospital, due to user error. With that, there are lower malpractice insurance cost and it is more profitable for the physician. Also, low training costs.


Provider
The unique attachments on feeding tubes with provide a financial reward for the provider, because it will be beneficial in a way that will decrease the amounts of accidents in the work place. Higher manufacturing cost, but due to its safety, sales would increase. Reduces risks for physicians and hospitals.


Purchaser

The product is extremely affordable and easy to make. What interests the purchase, just like the payer, is a low price and a high quality technology. A cheaper insurance cost and safer device. Initial training cost, but added safety and less chances of wrongful death.

IP Position

Fundability Worksheet Scores

Competitors


Customer Validation


IP Position