Disclosure certainty 4/5 debate potential 2/5

Clair Labs provides free devices and takes a cut of Medicare reimbursements

Adi Berenson · HealthTech Device Prevents COPD Patients from Hospital Visits, $9m Raised, 50 Devices Shipped · Dec 28, 2021 · at 6:07

Adi Berenson is the co-founder and CEO of Clair Labs, discussing the go-to-market and pricing model for their bedside remote patient monitoring IoT device.

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“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.”

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More from Adi Berenson

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…”
Adi Berenson Dec 28, 2021 ▶ 9:39 HealthTech Device Prevents COPD Patients from Hospital Visits, $9m Raised, 50 Devices Shipped
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…”
Adi Berenson Dec 28, 2021 ▶ 10:55 HealthTech Device Prevents COPD Patients from Hospital Visits, $9m Raised, 50 Devices Shipped
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…”
Adi Berenson Dec 28, 2021 ▶ 2:44 HealthTech Device Prevents COPD Patients from Hospital Visits, $9m Raised, 50 Devices Shipped
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…”
Adi Berenson Dec 28, 2021 ▶ 3:25 HealthTech Device Prevents COPD Patients from Hospital Visits, $9m Raised, 50 Devices Shipped
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.”
Adi Berenson Dec 28, 2021 ▶ 8:19 HealthTech Device Prevents COPD Patients from Hospital Visits, $9m Raised, 50 Devices Shipped
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.”
Adi Berenson Dec 28, 2021 ▶ 13:58 HealthTech Device Prevents COPD Patients from Hospital Visits, $9m Raised, 50 Devices Shipped
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