How do you destroy a great product offering. - Trabectome Sales Executive NeoMedix Employee Review

1.0
Oct 20, 2014
Recommend
CEO approval
Business outlook

Pros

Outstanding Product, but not economically viable to Hospitals of Surgical Centers due to inadequate reimbursement.

Cons

No professional marketing or sales management leader on staff - never was. CEO and husband are majority stakeholders. CEO is mentally unstable and incompetent at best in that role (both are engineers). Through her reputation and hiring practices she has diminished the value of the company to the point that less than 5 new units have been sold in 2013 surviving only on surgical procedure pack sales. New hire turnover @ 100%. Skeleton workforce remaining while shareholders drain the company values. Up for sale for many years, but CEO refuses to accept any offers. Sad. What a waste of a great product that has the potential to help so many people.

Explore other reviews about NeoMedix

5.0
Jun 8, 2018
Recommend
CEO approval
Business outlook

Pros

- collegial work environment - open, transparent communication - flat hierarchy - great research and development - creative and enthusiastic colleagues

Cons

- still relatively small - only one main product

3.0
Mar 1, 2014
Anonymous intern
Recommend
CEO approval
Business outlook

Pros

The people were great and welcoming; typical start-up culture where you weren't sure what you were going to do the next day which some might dislike but I found interesting. I was glad for the opportunity to work there.

Cons

There wasn't much training or autonomy you were kind of just thrown in. The owner had very specific needs and wasn't always clear in expressing them. While the people there were nice and welcoming, most of the them are there because they don't have many other options.

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