4 ms·

I'm a bit confused by the numbers here. They had 400 appointments and made $500,000 in revenue? Does that mean that they're charging over a thousand bucks to se

• kirillzubovsky 15y ago
  Not certain, but it seems they charge you the full amount for the procedure and then pass the money down, with an exception of a small fee. That's why with 500K in revenue, their profit #s are lower.
• 4clicknet 15y ago
  My first start-up was a medical tourism company. It's basically an affiliate business model: you get 5-10% of the cost from the doctor, hotel, and airline (depending on your negotiation skills). $500K revenue means $25-50K in true gross revenue for the company. Their net profit is $3-5K on that revenue, depending on how efficient they are. I put my business on the back burner for 2 reasons: 1) 5-10% of the cost of the package is your true revenue before overheads, so the it's not very profitable once you consider your expenses. 2) It's a high touch customer service experience, so you can't scale it profitably (people will not buy an operation via e-commerce like they would an e-book: there's a lot of personalized contact and questions, examination of records, etc.).
• paul_mctaggart 15y ago
  $500K is the bookings of Dental Departures...our revenues are 15% of this total Full disclosure: I work @ Dental Departures