Assertion Not publicly verifiable
Clair Labs detects 95% of COPD hospitalizations seven to eight days early
“What we are showing is Is that we are raising the, an accurate alarm flag seven to eight days before very, I mean, in very high rates, like 95%, ok? 95% of the hospitalization cases of the clinical trials of the sample we sampled. We are showing a very obvious…”
Insight
Wearables fail for elderly patients due to charging and pairing noncompliance
“So number one problem with COPD patients, and with other chronic patients, especially elderly, is compliance. Everything that requires them to take action, which is charging, putting it back on, tolerating it even, pairing it with the phone, is Is, is going to…”
Assertion Supported
Clair Labs uses near-infrared to measure pulse and respiration contact-free
“And then by looking at your skin in two waves of near infrared, it can see movements of superficial arteries. So arteries that are very close to the surface by looking at those arteries, we see volumetric changes and we see tone changes. And then we are actual…”
Assertion Contradicted
Medicare and major payers reimburse Clair Labs' remote patient monitoring services
“The way it works, the business model, is that our customers are providers, our healthcare providers, and they are offering it under, I will call, an umbrella of RPM, remote patient monitoring services, which is reimbursed by Medicare and all major healthcare p…”
Disclosure
Clair Labs provides free devices and takes a cut of Medicare reimbursements
“We believe that we're going to get a big chunk of it. That's the business model. So we're not charging the provider for the device itself. We're actually getting recurrent revenues out of the reimbursements.”
Assertion Contradicted
The average COPD patient is hospitalized yearly at a $12,000 cost
“So an average COPD patient, which is diagnosed as such, is having an average incident of hospitalization at least once a year. And this hospitalization is costing 12,000 dollars.”
Assertion Contradicted
Clair Labs' contact-free device monitors sleeping patients from up to six feet
“Five to six feet. Not 10 feet. Up to six feet. It's enough.”
Prediction Not checkable as stated
Clair Labs expects to secure its first paying customer in early 2023
“Early 20 23. Yes. Wow. Yeah. I mean, it's a long, no, no, no. It's because you need in order to realistically, not realistically, in order to make business reimbursement based business, not out of pocket business, reimbursement based business in healthcare in …”
Assertion Supported
Remote patient monitoring programs generate $1,800 annually per chronic patient
“A chronic patient recognized as such under an RPM program can generate revenues for the care provider in the order of magnitude on of one 50 dollars per month. Made out of several components. So this is 1800 dollars per year.”
Disclosure
Clair Labs bootstrapped for one year before raising a $9M seed round
“We bootstrapped for a year and then we raised a seed round of nine million in two trenches in 2019 and 20 20.”
Disclosure
Adi Berenson and his technical co-founder split Clair Labs equity equally
“We are we're two co-founders. So my co-founder was working with me in Apple, and he's the brains behind the technology. He's a PhD in computer vision. He's one of the brightest minds in Israel in computer vision... Well, you should, but I'm lucky, so we're fif…”
Disclosure
Clair Labs originated from Adi Berenson's digital health work at Apple
“So actually it's all started from our work in Apple which I cannot get too much into it. So my background is coming from consumer electronics, but in my days in Apple, I got to work a bit with them on digital health projects. That was back in 2017.”
