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Respect and Admiration!! This Woman Deserves it!

August 16, 2014

her daily attire is consistent.. dark suit and pants (and white shirt or black turtle neck) and elegant low heeled pumps!! (does not draw attention to herself– she is beautiful but you will be drawn to her not because of her beauty.. but because of her eloquence, her heart.. her deep passionate voice!! I like her!… most of all although she still supports the medical industry.. she is a vegetarian, drinks green juice in the morning.. and this is what she have to say about her the WHYs– the vision of her company

lizholmes1

The fact that Theranos’s technology uses such microscopic amounts of blood should eventually allow physicians far greater latitude when ordering so-called reflex tests than they have previously enjoyed. With reflex testing, the physician specifies that if a certain test comes up abnormal, the lab should immediately perform follow-up tests on the same sample to pinpoint the cause of the abnormality. Reflex testing saves patients the time, inconvenience, cost, and pain of return doctor visits and additional blood draws.

The results of Theranos’s tests are available within hours–often matching the speed of emergency “stat” labs today, though stat labs, which are highly inefficient, can usually perform only a limited menu of maybe 40 tests.

Most important, Theranos tests cost less. Its prices are often a half to a quarter of what independent labs charge, and a quarter to a 10th of what hospital labs bill, with still greater savings for expensive procedures. Such pricing represents a potential godsend for the uninsured, the insured with high deductibles, insurers, and taxpayers. The company’s prices are set to never exceed half the Medicare reimbursement rate for each procedure, a fact that, with widespread adoption, could save the nation billions. The company also posts its prices online, a seemingly obvious service to consumers, but one that is revolutionary in the notoriously opaque, arbitrary, and disingenuous world of contemporary health care pricing.

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