Joe Delgado, chief financial officer of Preceptis Medical, had a personal reason for leaving a good job at UnitedHealth Group a few years ago.
His daughter, Vivian, now 5 years old, benefited from a tube implanted in her ears using a Preceptis Hummingbird device. The procedure was done in a doctor's office. No hospital operating room or anesthesia was needed. That made it far less costly than the standard procedure, which can run up to $5,000, and less worrying. Vivian previously had a set of tubes inserted in the traditional manner.
"I'll never forget the moment we handed our 9-month-old baby to the nurse to be put under general anesthesia," Delgado said. "It was very traumatic for me and my wife. After her tubes fell out in four months, my wife and I both wanted an alternative.