Cardionet (BEAT)

I am new to this, so here goes.


In a randomized 300 patient, 17 center trial the company reports that in comparison of LOOP monitoring (Holter monitoring) verses cardionets MCOT monitoring the incident of patients experiancing significant AFIB events was captured 23% of the time with MCOT vs 8% with loop.





In those patients with asymptomatic AFIB events, MCOT captured these events 17% vs 0% with LOOP.





In those patients with presyncope/syncope MCOT captured these events 52% of the time vs 16% with LOOP.





In symptomatic AFIB / Flutter 24% for MCOT vs 2% LOOP





In asymptomatic AFIB 19% MCOT vs 0% LOOP_





If I understand the companies web site, they are offering continual monitoring of the patient which would explain why they are able to return such superior results. Event reviews are sent via daily reports to the physicians via the physicians choice of FAX or Internet. Urgent and/or emergent events are sent to physician immediatly. At tthe end of the monitoring service period, (apparently consisting of 21 days of monitoring) the physician receives a complete EOS summery report.





I have not reviewed any financial reportsw for this company in any detail, as I do not feel that I am as strong in this area as I would like to be, so I will leave that up to other better versed then I in financials. However, as an newbe investor that has worked in the medical field for 20+ years that has also worn the LOOP (halter monitors) in the past, I can see where this would be looked at very favorably by the cardiologists at a minimum.





Initial cap investment on the part of the practice ZERO, ZIP, NIL...


which will be attractive to physicians. The idea of their patients being monitored on a "real time basis" or presumably as close to real time as possable would seem to be very attractive. Add all this to the fact that LOOP cardiac monitoring has been around for such a long, long time without any real improvments (and obviously limited ability to actually capture significant events ) would make this in MHO a very attractive investment for the long hall.





Thank you for your time, sorry this is so long. FOOL ON