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QMSQMS
QMS
  • Welcome to your QMS
  • Quality Manual
  • Procedures
  • Records
  • Legit.Health Plus Version 1.1.0.0
  • Legit.Health Plus Version 1.1.0.1
  • Licenses and accreditations
  • Applicable Standards and Regulations
  • Grants
  • Pricing
    • Methodology
    • Initial analysis
      • Value-based pricing
      • Cost-based pricing
        • Resources
        • INSTRUCTIONS
        • Output
      • Output
    • Objections
    • Final analysis
  • Public tenders
  • Pricing
  • Initial analysis
  • Cost-based pricing
  • INSTRUCTIONS

INSTRUCTIONS

I am the manufacturer of a medical device used in hospitals, called Legit.Health. This device receives images taken with a smartphone and outputs the condition present in the image, the likelihood of it being malignant and the severity (degree of involvement) of the condition. I want to price my device based on the costs, taking into account that:

  1. It's a medical device, so it requires a high cost in the manufacturing due to observing manufacturing standards, as well as high certification fees
  2. It's a deep learning algorithm that processes multiple images, which can be heavy (up to 20 MB in images taken with iPhone) with a response time of the server of less than 1s, which is expensive
  3. The manufacturer also needs to comply and be certified in the Esquema Nacional de Seguridad, which adds a lot of ongoing operation costs
  4. The customer support included in the license from dedicated personnel
  5. The cost of the ongoing re-training of the artificial intelligence
  6. The fact that it includes not one, but three features with different deep learning models: diagnosis (classification model), severity measure (multiple models for different clinical signs, of segmentation, detection and classification) and image quality check (classification model) Create a markdown document that explains the price of such a product. Explain how, although it's different to a physical service like a blood lab test, it still has operational costs which are high. Use as many sources as possible, include formulas.

In the document apps/qms/docs/pricing/initial-analysis/cost-based-pricing/resources/chatgpt5-investigation.mdx, you will find what ChatGPT 5 came up with regarding the costs. In the document apps/qms/docs/pricing/initial-analysis/cost-based-pricing/resources/geminis-investigation.mdx, you will find what Google Gemini came up with regarding the costs.

The price of the Legit.Health medical device can be offered in two ways:

  • By Diagnostic Report: which means processing an image, and outputting a diagnostic report with the condition present in the image, the likelihood of it being malignant and the severity (degree of involvement) of the condition.
  • By patient (per capita): which means charging a fixed fee per patient managed using the device, regardless of the number of images processed.

Your output should be written into apps/qms/docs/pricing/initial-analysis/cost-based-pricing/output.mdx. It will be a markdown document that includes all the relevant information about the costs, and the final price per diagnostic report and per patient.

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Output
All the information contained in this QMS is confidential. The recipient agrees not to transmit or reproduce the information, neither by himself nor by third parties, through whichever means, without obtaining the prior written permission of Legit.Health (AI LABS GROUP S.L.)