NICK DONOWITZ VITL · PDF fileEHR Companies Telco & Internet Insurance ... success in EHR...
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EXPANDING ACCESS TO HEALTHCARE FOR EVERYONE, EVERYWHERE. VITL OCTOBER 2016 NICK DONOWITZ COO
Transcript of NICK DONOWITZ VITL · PDF fileEHR Companies Telco & Internet Insurance ... success in EHR...
EXPANDING ACCESS TO HEALTHCARE FOR EVERYONE, EVERYWHERE.
VITL OCTOBER 2016
NICK DONOWITZCOO
YOUR NEXT 45 MINUTES
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The Challenge
Our Solution
Company Genesis & Trajectory
The Potential Impact
Why This Matters for US Healthcare
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Access to healthcare is a challenge.
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Access looks different depending on where you are.
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Limited healthcare resources and infrastructure result in 6 million preventable child deaths each year in resource poor countries.
That will be over 50 million preventable childhood deaths by 2030.
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Doctors can’t be everywhere.
But what if their knowledge could be?
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Evidence-based medicine is proven
Appropriate technology exists today
A global workforce is already in place
THE OPPORTUNITY
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THE SOLUTION
MEDSINC enables anyone to assess the health of a child
MEDSINC generates simple triage and treatment recommendations that should save lives in homes and communities
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Medical History Symptoms Vital Signs Physical Examination Clinical Assessment
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HOW IT WORKS
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We capture every interaction and provide anonymized real-time public health data for
analysisCLINICAL ASSESSMENT, TRIAGE,
and TREATMENT RECCOMENDATION
FRONTLINE HEALTH WORKERS
PUBLIC HEALTH DATA CAPTURE
DATA ANALYTICS
HOME withFAMILIES
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UNIQUE DIFFERENTIATORExisting products lack complexity and depth—MEDSINC’s next-generation clinical intelligence
algorithm offers a more accurate approach to assessing a patient
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Bayesian Logic-based Algorithms
MEDSINC guides a user to gather ~35 data points
Is this child sick and how severe?
Complete data acquisition
20 Integrated assessments
20 specific treatments
Scalable & adaptable
Decision Tree Methodology
Conventional ApproachesBinary:
Yes / No
Single Assessment
Notreatments
Low adoption & compliance
Does this child have pneumonia?
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VALIDATED GLOBALLY
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MEDSINC has been tested with world class partners on four continents
With minimal training, clinical assessments by frontline health workers using MEDSINC
correlate 80 to >95% compared to physicians
Winner of Innovation into
Action Challenge
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THINKMD DATA ANALYTICS
Monitoring & Evaluation
Predictive Disease Modeling Real-Time Health Data
Outbreak Surveillance
THINKMD User : 3598722 Client: UNICEF Date: 3.05.16
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SOCIAL IMPACT OPPORTUNITY
For every 1000 MEDSINC users
300 child lives saved
$19.4 M in productivity gains from a decrease in morbidity and mortality
4.5x increase in compliance with WHO protocols
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Source: Strengthening Primary Health Care through Community Health Workers: Investment Case and Financing Recommendations
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DISTRIBUTION CHANNELSTo reach our customers, THINKMD will distribute its product through
channel partners, private and public
Our earliest adopters will be international aid agencies that have healthcare workers already in place and an acute and demonstrated need for MEDSINC’s unique functionality
CHWs Parents
Healthcare Providers
EHR Companies Telco & Internet Insurance
Nurses/FLHWs
International Aid Agencies
Ministries of Health
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CUSTOMER PIPELINETHINKMD has strategic relationships and commercial traction with many leaders
in global healthcare
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Country-wide validation
September 2016
STAGE NEXT STEPS
MOU Signed
Ecuador
Pilot ScheduledBangladesh
October 2016
MOU Signed
Pilot being plannedInnovation Challenge
Winner
Beta Testing ScheduledUSA
October 2016
MOU Signed
Implementation PlanningSub-Saharan Africa
Fall 2016
Proposal Submitted
MOU in discussionDiscussionsOngoing
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PRODUCT ROADMAPAlthough initially constructed for pediatrics, MEDSINC will be expanded to address a
full range of age groups and diseases
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2016
2017
2018
2019< 5 years
5-16 years Adults
EmergingDiseases
MaternalNewborns EHR
Consumer-Facing Platform for
Parents
Humanitarian Response
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THINKMD TEAM
John RosenblumFormer CEO of Green
Mountain Logic
Meg McLaughlin
Data Scientist, Epidemiology, Public Health
30 years of clinical research and pediatric medicine, Univ.
or Vermont
John Canning
30 year track-record of success in EHR market,
healthcare software
Nick Donowitz
13 year track-record in international tech-based
ventures
Becky Castle Kim Brearley
Global Community Health and Development Specialist
20 years in fundraising, partnership development in
global health
Brian Wannop
Development Economics Financial management
Dr. Barry Finette
IT Project Management, Healthcare, Manufacturing
Management Consultant Finance and Strategy
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Dr. Barry Heath30 years clinical pediatric
medicine, Director of Critical Care, Univ. or Vermont
We’ve created a team that brings expertise from multiple sectors to transform healthcare
Dr. Sam ScarpinoSusan ZimmermanClinical Medicine & Global Health
Business & Partnership
Development
Technology& Medical Software
Development
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Prototype testing in Ecuador
2014 2015 2016
First Capital Raise Complete of $327K
Offers THINKmd pro bono legal support indefinitely
Prototype testing in Bangladesh
Prototype testing in Peru
Validation testing in Burkina Faso
Commercial Release*
THINKmd founded
2017
MEDSINC Prototype Constructed
Country-wide Validation Testing in Ecuador
MOU signed
MOU signed to develop a MUIC Platform utilizing
MEDSINC
Innovation to Action Winner
Validation Testing in Bangladesh*
MOMENTUMIt’s been a busy two years
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*Planned & Expected
Second Capital Raise Complete of $367K
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THE OPPORTUNITY HERE
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A couple obvious trends….
COST
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2014 Annual US Healthcare Spend:$3.0 Trillion~$3 Trillion USD
~$9,523 per person
Sources: Gapminder, www.gapminder.org & CMS.gov
WORKFORCE
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Source: Barton Associates, 2014
TECH
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165,000+ mHealth apps
Sources: www.medscape.com, Resarch and Markets, Markets and Markets
$40 Billion Market by 2021
$30 Billion Market by 2020
WearablesTelemedicineDigital Health
Big Opportunities, Big Challenges.
THE FUTURE WE SEE
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Not just patient-centered healthcare, but patient
ownership over their healthcare.
OUR SOLUTIONHERE
MEDSINC enables anyone to capture the data necessary to assess the health of a child
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Medical History Symptoms Vital Signs Physical Examination
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OUR SOLUTIONHERE
Families Providers
Child Assessment & Data Acquisition
Telemedicine Consult
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US CHALLENGES/OPPORTUNITIES
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Regulatory & Compliance
Noisy Market
Vermont, Not Palo Alto
Zip Code Issues
Local Talent
Startup Ecosystem
