Shared Risk & IVF Refund Programs are Not Sustainable in Today's Fertility Market with the Current Economy.
IVF Centers and Patients need better options...
3. Current Fertility Programs…
Most IVF clinics and fertility practices are familiar with companies that offer Shared Risk or Refund Programs for IVF and/or Donor Egg IVF.
4. Shared Risk/Refund Programs…
These “companies” sell a platform that allows clinics to offer these programs to patients, while the company assumes financial responsibility for refunds when a patient doesn’t get pregnant
during the term of their
package.
6. Shared Risk/Refund Programs…
In return: CLINIC services are discounted by ~20%-30%; payment is withheld for ~5-8 weeks, after completing treatment; penalty fees for unsuccessful cycles generally apply; and clinics routinely pay monthly partnership fees, even when no packages
sell and no cycles are
performed…
7. Shared Risk/Refund Programs…
Problem: Strict medical criteria set by the “company”, prevent many patients from qualifying for these programs.
Others, simply can't afford the high price tag.
A price tag that typically ranges from
~2.5 to 3X’s… the
cost of a single IVF cycle.
8. Shared Risk/ Refund Programs…
Problem: Today’s economy makes it difficult for the average patient to afford fertility treatment.
Patients unable to afford the cost of a single IVF cycle, certainly can’t afford to pay the equivalent of
three cycles….
9. Shared Risk/Refund Programs…
Problem: Only ~5% of fertility patients in the marketplace today actually seek IVF treatment; leaving these programs with no options for the majority of patients….
10. Shared Risk/Refund Programs…
So, what are clinics to do for the other 90-95% of their fertility patients?
And, what about the revenue these patients could…. represent for a clinic or practice?
11. With limited customers and no solutions to capture others, these programs ability to generate revenue is minimized.
Shared Risk/Refund Programs…
In the end, stiff monthly partnership fees and unfulfilled sales goals, have many clinics realizing the price, and their risk in offering programs they can’t sell.