1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer [email protected].

15
1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer [email protected]

Transcript of 1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer [email protected].

Page 1: 1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer Matt@strollhealth.com.

1

San Francisco, CA

415-409-8443

Matt MaurerFounder

@matt_maurer

[email protected]

Page 2: 1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer Matt@strollhealth.com.

2

Price Transparency for Healthcare Patients

At the point of care

Page 3: 1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer Matt@strollhealth.com.

3 Why Healthcare

• It’s an enormous industry

US Healthcare

$2.7 TrillionUS Advertising$150 Billion

Page 4: 1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer Matt@strollhealth.com.

4 Most Efficient Countries

Rank

Country Efficiency Score

Life Expectancy

Healthcare cost as % of GDP per capita

Healthcare cost per capita

1 Hong Kong 92.6 83.4 3.8 $1,409

2 Singapore 81.9 81.9 4.4 $2,286

3 Japan 74.1 82.6 8.5 $3,958

43 Dominican Republic

35.3 73.4 5.2 $296

44 Turkey 33.4 73.9 6.5 $696

45 Iran 31.5 73.0 5.1 $346

46 United States

30.8 78.6 17.2 $8,608

“Among advanced economies, the U.S. spends the most on health care on a relative cost basis with

the worst outcome”*Bloomberg 08/2013

Page 5: 1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer Matt@strollhealth.com.

5 WTF USA ?

Page 6: 1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer Matt@strollhealth.com.

6 Patients Don’t Make Value-Based Decisions

consumer

patient

?

Page 7: 1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer Matt@strollhealth.com.

7 PPO MRI Procedure: Cost Savings

$600Potential Savings

$400 Potential Savings

Out-of-Network Avg.

In-Network Avg.

In-Network 1st Quartile

$1200

$600

$200$0

$600

$1500

Page 8: 1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer Matt@strollhealth.com.

8 Why Is This Hard ?

• Data Access :– Proprietary Pricing, Claims, Member Data– Consistency, Accuracy, Fragmentation

• Doctor Attention:– Pay structures, additional workflow, noisy space

• Incentives are misaligned across the ecosystem

Page 9: 1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer Matt@strollhealth.com.

9 The Solution

Price transparency at the point of care

Empowering Primary Care Physicians to proactively communicate costs of procedures to improve referral

patterns and engagement

Page 10: 1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer Matt@strollhealth.com.

10 The Product In-office app for MDs & Nurses

Shows all care options and

exact out-of-pocket costs

to patient

Streamlines

scheduling

HIPAA-secure, scalable cloud architecture

API will support future clients & partners on mobile and web

Page 11: 1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer Matt@strollhealth.com.

11 Aligning Incentives

Physicians• Save time on

referral process and patient education

• Provide tool for shared decision making

• Receive higher patient ratings and fewer malpractice lawsuits

Providers• Improve patient

revenue capture by having patients agree to costs beforehand

• Increase patient satisfaction and use of primary care

Patients• Save on Stroll-

enabled treatments and diagnostics

• Engage in making informed health choices

• Experience greater satisfaction

Payers• Saves when

members choose lower cost options

• Improves member loyalty & satisfaction

• Innovative brand

Page 12: 1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer Matt@strollhealth.com.

12 Where Do We Start?

• keep it simple

Page 13: 1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer Matt@strollhealth.com.

13

JORDAN EPSTEIN

Enterprise IT Software Development & Integration

MATT MAURER

Data Partners, Business Development, Business Ops

DREW MOXON

Product Manager, Behavioral Design, UI, UX

ROBERT GUOMobile Engineer,Database Architecture,MSCS Cornell U

Team

Friends & Advisors within:

Page 14: 1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer Matt@strollhealth.com.

14 Company Traction & Progress

JUN AUG SEP OCT

May 2013Concept was Born

September 2013Company Founded

WINNERWinner:

‘Prebacked’ Health

Competition

DEVELOPMENT

Launched first working prototype

SELECTEDInto UCSF Medical

mentorship program for

Digital Health startups

ALL INFounders left jobs to pursue Stroll full time

Page 15: 1 San Francisco, CA 415-409-8443 Matt Maurer Founder @matt_maurer Matt@strollhealth.com.

15

San Francisco, CA

415-409-8443

facebook.com/strollhealth

@strollhealth

[email protected]

Questions