Sensus Launches Sensus Healthcare Financial Services to Facilitate Customer Acquisition of SRT Technology
New financing program provides a "one-stop" pathway for practices to acquire systems through outright purchase or several attractive leasing alternatives
Supports improved conversion of late-stage prospects as reimbursement clarity accelerates purchase decisions and lowers breakeven point to only one patient per month
Sensus Healthcare, Inc. (NASDAQ:SRTS), a medical device company specializing in highly effective, non-invasive, minimally-invasive and cost-effective treatments for oncological and non-oncological skin conditions, announces the launch of Sensus Healthcare Financial Services, a new program intended to make it easier for dermatology practices to acquire Sensus' superficial radiotherapy (SRT) systems through a streamlined process and flexible financing structures.
Sensus Healthcare Financial Services is intended to support the acquisition of Sensus' full line of SRT and IG-SRT systems through customer-friendly financing structures and terms. The Company expects this platform to:
- Improve conversion of purchase-oriented prospects by reducing administrative and financing barriers;
- Complement Sensus' broader commercial strategy across independent medical practices and corporate accounts;
- Provide further evidence of Sensus' commitment to being a valued partner to its growing customer base while strengthening physician relationships; and
- Support a scalable go-to-market strategy as customer demand accelerates under the new reimbursement environment.
With the publication of dedicated and exclusive Current Procedural Terminology (CPT) codes for superficial radiotherapy for the treatment of non-melanoma skin cancer, Sensus Healthcare Financial Services supports purchase decision-making that is increasingly being driven by financial visibility and reimbursement certainty. This new program is designed to reduce friction by offering qualified customers access to financing solutions that may include fair market value leasing structures and other tailored options through a bank-supported program administered in partnership with Sensus.
"Reimbursement clarity including an approximate 300% per-fraction delivery code increase changes everything, not only for physicians evaluating the economics of SRT, but also for how they want to acquire our equipment," said Joe Sardano, Chairman and Chief Executive Officer of Sensus Healthcare. "Sensus Healthcare Financial Services is designed to provide customers with a simplified, one-stop pathway to purchase or lease our systems with structures that are competitive, flexible and aligned with how they manage cash flow."
"Historically, many Sensus customers have relied on conventional bank financing that can require personal guarantees and may limit further borrowing capacity," Sardano added. "Our goal is to offer an easier process and attractive optionality – in particular through fair market value leases where customers pay monthly amounts that amortize a portion of system value, with additional flexibility at the end of the term, subject to customary underwriting and program requirements."
About Sensus Healthcare
Sensus Healthcare, Inc. is a global pioneer in the development and delivery of non-invasive treatments for skin cancer and keloids. Leveraging its cutting-edge superficial radiotherapy (SRT and IG-SRT) technology, the company provides healthcare providers with a highly effective, patient-centric treatment platform. With a dedication to driving innovation in radiation oncology, Sensus Healthcare offers solutions that are safe, precise, and adaptable to a variety of clinical settings. For more information, please visit www.sensushealthcare.com.
Forward-Looking Statements
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Alliance Advisors IR
Tirth T. Patel
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