Business Models and the R word (Reimbursement) at mHealth Summit

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© 2014 - All rights reserved. Business Models and the ‘R’ Word (Reimbursement) Bonnie Feldman, DDS, MBA - Business Development for Digital Health www.drbonnie360.com | @DrBonnie360 | [email protected]

Transcript of Business Models and the R word (Reimbursement) at mHealth Summit

Page 1: Business Models and the R word (Reimbursement) at mHealth Summit

© 2014 - All rights reserved.

Business Models and the ‘R’ Word (Reimbursement)

Bonnie Feldman, DDS, MBA - Business Development for Digital Healthwww.drbonnie360.com | @DrBonnie360 | [email protected]

Page 2: Business Models and the R word (Reimbursement) at mHealth Summit

Life Sciences

Health Plans Healthcare Providers

Shift from Volume to Value: New

Business Models

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An Alphabet Soup of R options

• Fee for service

• Pay for performance

• Shared risk

• Full capitation

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Retail

Telecom Co

Tech PlatformsApple

GoogleSamsung

Consumer demand:

New Business Models

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Apps Devices

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Revenue Sources

mHealth Reimbursement Models

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Pay

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Apps Devices

Freemium

Advertising

Upsell Content

Basic and premium app

Device with app

Mobile existing service

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PWC mHealthinsights (2013)

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© 2014 - All rights reserved.

Different Perspectives from:

•Bernhard Kappe – Founder & President Pathfinder

•Andy Flanagan – CEO Telcare

•Dan March – Co-founder & Chief Commercial Officer Trial Fusion

•Alexis Gilroy – Partner, Jones Day

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Questions

•How can we work together so that patient centric care becomes a business driver for success?

•What role can biopharma play to shorten the timelines in drug development?

•What role can medical device industry play to more quickly incorporate data and digital tools into their offerings?

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Sources• Volume to Value

• Keckley, P. (2012). Value-based Pricing for Pharmaceuticals: Implications of the Shift from Volume to Value. Deloitte Center for Health Solutions, 1-22. Retrieved November 2014, from http://deloitte.wsj.com/cfo/files/2012/09/ValueBasedPricingPharma.pdf

• Main, T., & Slywotzky, A. (2012). The Volume-to-Value Revolution: Rebuilding the DNA of Health from the Patient In. Oliver Wyman, 1-31. Retrieved November 2014, from http://www.oliverwyman.com/content/dam/oliver-wyman/global/en/files/archive/2012/OW_ENG_HLS_PUBL_Volume_to_Value_Revolution_2.pdf

• Nace, D. (2014). The State of Value-Based Reimbursement and the Transition from Volume to Value in 2014. McKesson Health Solutions, 1-37. Retrieved November 2014, from http://mhsinfo.mckesson.com/rs/mckessonhealthsolutions/images/MHS-2014-Signature-Research-White-Paper.pdf

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© 2014 - All rights reserved.

Sources• Mobile Health Business Models

• MHealth App Developer Economics 2014. (2014). research2guidance, 1-39. Retrieved November 2014, from http://research2guidance.com/r2g/mHealth-App-Developer-Economics-2014.pdf

• Mobile Health: Who Pays? (n.d.). A.T. Kearney, 1-33. Retrieved November 2014, from http://www.atkearney.com/documents/10192/178350/mobile_health.pdf

• Scheel, O., Anscombe, J., Wintermantel, T., & Reincke, E. (2013). Mobile Health: Mirage or Growth Opportunity? A.T. Kearney, 1-25. Retrieved November 2014, from http://www.mobilehealthglobal.com/media/upload/pdf/mobile-health--mirage-or-growth--opportunity_editora_39_7_1.pdf

• Wasden, C., & Weirz, D. (2012). MHealth - Payment, ROI, and Reimbursement. Healthcare Information and Management Systems Society (HIMSS), 1-12. Retrieved November 2014, from http://himss.files.cms-plus.com/FileDownloads/2013-mHIMSS-Roadmap-ROI.pdf

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Sources• New Patient-Centric Health Model

• Healthcare's New Entrants: Who Will Be the Industry's Amazon.com? (2014).

PWC Health Research Institute, 2-18. Retrieved November 2014,

from http://www.pwc.com/us/healthcare-new-entrants

• Main, T., & Slywotzky, A. (2014). The Patient-to-Consumer Revolution: How High Tech, Transparent Marketplaces, and Consumer Power are Transforming U.S. Healthcare. Oliver Wyman. Retrieved November 2014, from http://www.oliverwyman.com/content/dam/oliver-wyman/global/en/images/insights/health-life-sciences/2014/October/The-Patient-To-Consumer-Revolution.pdf

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+1.310.666.5312

[email protected]

www.drbonnie360.com

@DrBonnie360

Bonnie Feldman DDS, MBA

Business Development for Digital Health