Chekup Pitch Deck

Transcript

1. improving healthcare with community
2. Problem 1 in 5 patients (30-day readmissions) 71% hospitals (fined by Medicare) 1 Readmissions are a big challenge. $17.5B by Medicare (cost for 2 million cases/year)
3. Implications unnecessary patient suffering nobody likes being sent back to the hospital inefficient use of resources hospital time and beds are used on patients who could’ve avoided readmission superfluous costs two thirds of readmissions are avoidable ($7k per readmission) indicator of poor quality Medicare uses readmission rates to rank the quality of care in hospitals 2
4. Opportunity The times they are a-changin’ (in legislation). incentives are now aligned payers providers patients hospitals are now fined for readmissions under Medicare patients want to stay out of hospitals insurance companies want to save money 3
5. Market Size $50k 500k 87.3% SURGERIES PER YEAR COST PER SURGERY READMISSIONS ARE CABG Coronary Artery Bypass Grafting Surgery (CABG) [initial target market] 4
6. Solution current method discharge protocol our method support network complex non-adherence poor information transfer poor monitoring adherence through education and monitoring by patients’ caregivers (family and friends) ? ! ! ! 5
7. Product We’re building a mobile support network that enables patients to share the burden of care with their caregivers, who can provide additional emotional and physical support.
8. woof! User Case let’s walk Boo after work! remember your meds! let’s carpool to work! reminds Bob to take his meds records Bob’s vital signs teaches him post-discharge best practices Bob is a CABG patient. drives Bob to work every morning Varun is Bob’s best friend. Laura is Bob’s wife. Andy is Bob’s son. takes Bob to walk for his exercise regimen Boo is Bob’s dog. keeps Bob happy 7
9. Competition We believe that caregivers are vital to improving outcomes but are often overlooked. their focus our focus community simplifying hospital discharge protocols facilitating transfer of discharge summaries teaching patients protocols pre-discharge 8
10. Business Model acquire users via partnership with UNC hospitals for pilot program pilot outcomes incentivize payers to partner with us and license our product 9
11. Product Roadmap chronicle recovery create a supportive group of caregivers around one patient task delegation tasks for recovery and patient monitoring can be delegated to each caregiver in the network monitoring active monitoring by caregiver is more accurate and consistent than self-reporting predictive evaluation be able to distinguish events that may indicate a deleterious change in the patient’s health status 10
12. Team Tara Seshan Co-founder, CEO Thiel Fellow UNC Morehead Scholar Andrew Guo Co-founder, CPO Siemens winner UNC Bio/Business Jonathan Chen Co-founder, CTO developer/designer CMU CS Mentors: Buck Goldstein, Bruce Gellin, Dennis Whittle 11
13. Person designed by Javier Cabezas from The Noun Project Money designed by Lemon Liu from The Noun Project Hospital designed by Eduardo Souza from The Noun Project Smartphone designed by George Agpoon from The Noun Project Dog designed by Markandeya Sendan from The Noun Project 87.3% of all readmits are CABG related : Hannan EL, Zhong Y, Lahey SJ, et al. 30-Day Readmissions After Coronary Artery Bypass Graft Surgery in New York State. J Am Coll Cardiol Intv. 2011;4(5):569-576. doi: 10.1016/j.jcin.2011.01.010. 500,000 CABG surgeries performed per year: http://med.umich.edu/cardiac-surgery/patient/adult/ adultcandt/cabg.shtml Average cost of CABG: Birkmeyer JD, Gust C, et al. Medicare Payments for Common Inpatient Procedures: Implications for Episode-Based Payment Bundling. Health Services Research. 2010; 45(6 Pt 1): 1783–1795. doi: 10.1111/j.1475-6773.2010.01150.x Attribution