Butterfly goes public via $1.5 billion SPAC led by Glenview Capital

[anbuitachi]

Wow. Did not think butterfly is worth this much.

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Members don't see this ad.

 

[BLADEMDA]

iQ3 Ultrasound | The clear answer in point-of-care ultrasound.

Meet Butterfly iQ3: our easiest-to-use POCUS device with the sharpest image quality, rapid data processing, AI, advanced imaging tools, and fast scan time.

www.butterflynetwork.com

What's the frequency of these probes?

Scan Depth​

• Minimum: 1cm
• Maximum: 30cm

Frequency Range​

• 1-10 MHz

 

[BLADEMDA]

 

[BLADEMDA]

Based on this video the LUMIFY Linear array probe was superior to the Butterfly. But, the new second generation Butterfly probe may be better than the first generation.

Lumify Vs Butterfly

We keep getting asked what we think about these too premier handheld ultrasound machines. So we decided to do a little head to head comparison. Mike and Jaco, have a little coffee talk over the two devices and discuss the pros and cons of each. Come see us at the Castle Come learn in Bend...

www.ultrasoundpodcast.com

 

[chessknt]

I mean it isn't. I doubt a single person at glenview capital has ever used an ultrasound for anything besides a photo op. The on the ground reality is that the portability makes it too easy to lose and the resolution is vastly inferior to a real ultrasound device for any serious adoption beyond the pet project purchase of someone with cme funds to burn on a cool toy.

 

[vector2]

I mean it isn't. I doubt a single person at glenview capital has ever used an ultrasound for anything besides a photo op. The on the ground reality is that the portability makes it too easy to lose and the resolution is vastly inferior to a real ultrasound device for any serious adoption beyond the pet project purchase of someone with cme funds to burn on a cool toy.

I am also quite skeptical of its widespread adoption in the short term, but there is a possibility that pocket ultrasounds could become ubiquitous in anesthesiology, much the same way McGraths are now in every OR in my hospital. Additionally, consider how hard the ABA has been hitting POCUS on the writtens, oral, OSCE etc.

I can imagine a model in tertiary ORs with 15-20+ rooms where the preop/block area gets dibs on the $80k sonosites (where the temporal and spatial resolution is really needed) and each OR has a pocket US in the cart for difficult IV access, arterial lines, central lines, adhoc blocks, POCUS for codes/intraop disasters, unexpected blood loss and you can't find a vein to get a hemocue sample, etc.

 

[nimbus]

Anyone notice Butterfly had funding from the Gates foundation. Makes sense since a low cost ultrasound could have a bigger impact in low resource settings.

 

[GassYous]

Anyone notice Butterfly had funding from the Gates foundation. Makes sense since a low cost ultrasound could have a bigger impact in low resource settings.

That explains the new scar I noticed in my forearm after trialing the ultrasound

 

[Airway]

I own a first gen butterfly. Don't really recommend, especially in part due to the subscription model. Quality is meh if you work in a well resourced hospital.

 

[Status Sciaticus]

Also keeping in mind that Lumify has multiple probes vs Butterfly's one probe. Their rep also priced it 5-6K PER PROBE vs Butterfly's 2K

 

[linkin06]

if you want a SPAC, I got small position in $LCA -- trying to merge with Golden Nugget Casino for online gambling. it's a pandemic pick for me.

 

[deleted697535]

One of the residents had one the other night at a code. The quality was astronomically good. The residents ability was not

 

[Guillemot]

The quality of butterfly isn't that great. So it really depends upon what resources are available in your shop as to whether it would be worth getting one. I'd imagine that the ultrasound on chip technology will continue to evolve though. So its an interesting proposition as an investment.

 

[GassYous]

One of the residents had one the other night at a code. The quality was astronomically good. The residents ability was not

That's on you as an attending homie

 

[deleted126335]

That's on you as an attending homie

Can't fix stupid.

 

[MirrorTodd]

Can't fix stupid.

Actually, one can, in fact, fix stupid. It's called teaching.

 

[gcc322]

That's on you as an attending homie

Nah bro, I think ensuring quality cpr and effectively teaching how to run a code is much more important than showing a resident how to obtain ultrasound images during said code.

 

[GassYous]

Nah bro, I think ensuring quality cpr and effectively teaching how to run a code is much more important than showing a resident how to obtain ultrasound images during said code.

Eh I think that performing ultrasound properly can actually change patient outcomes while coding a patient rarely helps. Most of those guys are either dead or going to be dead soon. Few of them walk out of the hospital.

 

[deleted162650]

Actually, one can, in fact, fix stupid. It's called teaching.

You can fix ignorance, but stupid is forever.

 

[AdmiralChz]

The biggest growth market for Butterfly and others is poor-resourced areas. It is never going to replace the Cadillac Sonosite, but in rural/3rd world countries it can be handy.

Another big area is pre-hospital EMS. A lot of government resources with few technology advances beyond LifePaks. There is a huge emphasis in ultrasound for Emergency Medicine currently, and it’s only a matter of time before this translates to the field. Having one versatile probe is huge (compare to Lumify - maybe a better picture but multiple probes is a non-starter).

 

[dhb]

The biggest growth market for Butterfly and others is poor-resourced areas. It is never going to replace the Cadillac Sonosite, but in rural/3rd world countries it can be handy.

So if you voted for Trump you should get a Butterfly?