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Monet Medical


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This is Fred Ball for Zions Bank, speaking on business.

Claude Monet was a master of his time. He is considered the archetypal Impressionist because he never strayed from the ideals of that movement. He arose from extreme poverty to success by concentrating on his impressions from the world around him. Monet then painted those impressions on canvas, resulting in a masterpiece collection.

Well, I've got a story about a similar artist that could possibly be classified as one of Monet's successors. His name is Andrew G. Caprio and he is an artist of a different color. Yes, Andrew uses paint and brushes and such, but he doesn't use a canvas. Instead, Andrew touches up and biomedically reconditions used medical equipment and then sells these items to hospitals and other health care facilities in the U.S. Appropriately, his company's name is Monet Medical, Inc. because his reconditioned equipment truly is a work of art.

Like Monet, Andrew followed an impression that resulted in the success he is enjoying today. In 1997, Andrew was working at a medical equipment rental firm, doing the same thing he does now. Andrew knew the economy could throw a curve ball at any time, thereby affecting his occupation, and he felt he needed a backup plan.

One day, Andrew read a notice announcing a small business workshop where he could receive help in drafting a business plan. Thankfully, Andrew's preparation and backup plan came through for him when his company decided to close his department in August 2000. Andrew started Monet Medical seven days later.

Andrew could be the medical equipment master of our time. Monet Medical can source, biomedically and cosmetically recondition, and resell more than 175 types of equipment such as IV pumps, ventilators or patient monitors. Andrew says this is a good alternative for hospitals hoping to avoid high costs of renting or purchasing new equipment and payments aren't due until the reconditioned equipment arrives for inspection.

For Zions Bank, I'm Fred Ball. I'm speaking on business.

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