Project I Virtual Doctor-final

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Engineering Leadership Professional Program Virtual Doctor’s Office Authors: Samantha Ranaweera, Suchitha Che1a, Amit Joshi, Vijay Tala1, Purnima Varma, Sukh Lobana March 23 rd 2015 This work was created in an open classroom environment as part of the Engineering Leadership Professional Program (ELPP) developed and led by Prof. Ikhlaq Sidhu at UC Berkeley. There should be no proprietary informaLon contained in this work. No informaLon contained in this work is intended to affect or influence public relaLons with any firm affiliated with any of the authors. The views represented are those of the authors alone.

Transcript of Project I Virtual Doctor-final

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Virtual  Doctor’s  Office Authors:  Samantha  Ranaweera,  Suchitha  Che1a,  Amit  Joshi,  Vijay  Tala1,  Purnima  Varma,  Sukh  Lobana  March  23rd  2015  

This  work  was  created   in  an  open  classroom  environment  as  part  of   the  Engineering  Leadership  Professional  Program  (ELPP)  developed  and  led  by  Prof.  Ikhlaq  Sidhu  at  UC  Berkeley.    There  should  be  no  proprietary  informaLon  contained  in  this  work.  No  informaLon  contained  in  this  work  is  intended  to  affect  or  influence  public  relaLons  with  any  firm  affiliated  with  any  of  the  authors.  The  views  represented  are  those  of  the  authors  alone.      

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 “The  Affordable  Care  Act  is  crea3ng  a  huge  opportunity,  We’re  realizing  that  the  majority  of  people’s  appointments  with  doctors  are  for  things  that  could  be  done  online.  We  see  telemedicine  and  online  mental  health  services  going  mainstream  in  coming  years.”  John  Sculley  former  President  &  CEO  of  Pepsi-­‐Cola  &  Apple,  Inc.    "Facial  expression,  body  language  and  reac3ons  to  different  ques3ons  or  subject  maHers  are  all  available  for  an  aHen3ve  virtual  therapist."    Dr  Phil’s  Doctor-­‐On-­‐Demand,  backed  by  Richard  Branson  &  Google  Ventures.    

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Telemedicine - Existing Market and Growth Trends

Market  Analysis  Telemedicine  is  11.4%  of  overall  mkt  (280M$)      Telemedicine  in  North  America  projected  to  grow  at  a  compound  annual  growth  rate  of  16.7  percent  from  2012  to  reach  more  than  $600  million  in  2017”.    Consumers  showing  increased  interest  and  enthusiasm  for  using  mobile  devices  to  engage  with  healthcare  providers.      Overall  Remote  PaLent  Monitoring  (RPM)    market  expected  to  grow  at  an  annual  growth  rate    of  35%  between  2013  and  2018,  reach  $26.5  billion  by  2018.  (eWeek  Report)    

5.80   7.83  10.57  

14.27  19.26  

26.01  

0.00  

10.00  

20.00  

30.00  

Remote  Pa1ent  Monitoring  

CY2013   CY2014   CY2015   CY2016   CY2017   CY2018  

$  (In

 Billions)  

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Telemedicine – Current Landscape Early  movers  trying  to  capitalize  on  the  projected  demand.    CreaLng  a  niche  and/or  low  cost  alternaLve  to  insurance  backed  medical  examinaLons/consultaLons.      Keen  interest  amongst  employers  to  reduce  their  OPEX  costs.    NaLonal  insurers  pitching  tele-­‐health  &  telemedicine  to  consumers.      

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Telemedicine - Stakeholder Segments Func1ons   Ac1vi1es   Consumers  

Consumer/Family  Wellness  and  PrevenLon  

•  Measure  weight,  exercise  and  calories  consumed  •  Minor  ailments,  measure  vitals  for  triage  

•  Consumer/family  •  Caregiver  (adult  child  or  parent)  •  Employer/plan  sponsor  

Chronic  Disease  Management  

•  Diabetes:  monitor  blood  glucose  •  CHF:  track  weight,  General:  medica1on  adherence  •  Hypertension:  track  blood  pressure  •  COPD:  measure  strength  of  breath    

•  Health  Plan  •  Employer/plan  sponsor  •  Provider  (pay-­‐for-­‐performance  or  bundled-­‐

for-­‐  condiLon)  

Acute  Care,    Post  Acute  &  RehabilitaLon    

•  Prevent  hospital  readmission  •  Monitor  physical  therapy  at  home  

•  Medicare,  under  Accountable  Care  Act  •  Health  Plan  •  Employer/plan  sponsor  

Aging  at  Home  

•  MedicaLon  opLmizaLon  •  Remote  monitoring  of  vital  signs  and  ac1vi1es  of  daily  

living,  AssisLve  technologies  (e.g.,  smart  home,  smart  wheelchair)  

•  Health  Plan  •  Consumer/family  

Rural  PopulaLon    •  Prevent  distant  travel  under  trying  circumstances  –  

Tremendous  market  in  developing  world  •  Rural  Consumer/family  •  Military  deployments  •  Out  posts  (AntarcLc/ArcLc)  

InfecLous  Disease  Management    

•  Manage  isolated  highly  infecLous  paLence     •  CDC  

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Current Players: Wellness and Prevention 1.74B$  

430M$  

280M$  

   

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Premium  Breaks                $↑/$↓???  

$40-­‐$49    

Spot Light – MDLIVE (Revenue Model)

$40-­‐$49  (Standard)  

$30-­‐$37  

$20-­‐$38  (Thru  Employer)  

100$  

49$  

38$  

Lower  cost  of  ownership  

Lower  cost  of  service  Convenience  

Reduced  healthcare  costs  Reduce  absenteeism  Improved  producLvity   Increased  profits  

Increase  consumer  opLons    

Increase  consumer  opLons    

Doctor/Physician/  Psychiatrist  

FoundaLons/  Insurers  

Individuals/  PaLents  

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Opportunity

/  

Body  Temp  

Pulse/Blood  pressure/Stethoscope  

Ear/Throat  camera    

Pulse  Ox  

Seamless  CommunicaLon  channel  •  Audio-­‐Video  •  Integrated  Help  menu,  Nurse,  

Dr  guidance      

Integrated  With  Health  care  providers  and  Insurance  Companies  backend  •  Savings  for  both  Consumer  and  

Insurance  Companies  –  Win-­‐Win!  •  Health  care  providers  can  focus  on  

acute  cases  Vs    trivial  condiLons    

Integrated  Sensor  kit  •  FDA  approved  for  home/OTC  usage  -­‐  No  one  has  it!  •  Combined  Stethoscope,  thermometer    presssure  meter,  ear  scope,  

Pulse  Ox  meter  –  No  one  has  it!    •  Idiot  proof  J  -­‐  Simple  to  use!  •  Bluetooth,  wired  connecLon  to  Phone/Laptop,  controlled  by  App  •  Low  cost  –  Less  than  100$  •  Portable    

Triage   Resolve    

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Feature   Target   CellScope   ZyphyrLife   Preven1ce   UPMC    AnywhereCare   MDLIVE   DrOnDemand  

OTC/Home  usage   ü   ü   û   û   û   ü   ü  

Triage  pa1ents     ü   ü  (Ear  only)   û   û   ü   ü   ü  Integrated  Sensors  

Body  Temperature     ü   û   û   û   û   û   û  

ECG   ü   û   ü   ü   û   û   û  

Respirator  Rate   ü   û   ü   ü   û   û   û  

Stethoscope   ü   û   û   û   û   û   û  

Blood  Pressure   ü   û   û   û   û   û   û  

Pulse  OX   ü   û   û   û   û   û   û  Otoscope  (Ear/Throat  Cam)      

ü   ü(Ear  only)   û   û   û   û   û  

Accelerometer   ü   û   ü   ü   û   û   û  

Bluetooth   ü   û   ü   ü   û   û   û  

Integrated  App  with  HSP   ü   ü   ü   ü   ü   ü   ü  

Integrated  App  with  Insurance   ü   ü   û   û   ü   ü   ü  

Integrated  Help   ü   ü   ü   û   ü   ü   ü  

Why  will  we  win  –  We  Create  a  new  market  

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Backup  

Backup  

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Barriers  To  AdopLon  Of  Telemedicine    

                       

   

       

 

Regulatory  Challenges   Insurances  

Physicians  Workflow  Challenges  

Hospital  Ambivalence  

PaLent/Consumer  Engagement  

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Technology:  The  Ecosystem  

Source  :  The  Connected  PaLent  ,  By  Jane  Sarasohn-­‐Khan,  Prepared  for  California  Healthcare  FoundaLon  

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Technology  -­‐  Sensors  &  Wearables  •  Sensors  and  wearable's  allow  conLnuous  physiological  monitoring  with  reduced  manual  

intervenLon  and  at  low  cost.  

Ref  

Collect  Health  Data   Transmit   Evaluate   No1fy   Intervene  

Ref  

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Mobile  Doctors  Office  –  Business  model  canvas  Problem  Inability  to  triage  health  condiLons  without  visiLng  a  doctors  office/ER/Urgent  Care  

Solu1on  Mobile  app  that  connects  paLents  with  Health  Care  Providers  (HCP)  using  video  conferencing,  supplemented  with  hardware,  to  take  all  vital-­‐signs(  temperature,  pressure,  heart  /  respiratory  rate,  stethoscope  capabiliLes,  look  inside  ear,  throat,  Pulse-­‐Ox),  all  for  less  than  100$.  

Unique  Value  Proposi1on  •  AnyLme,  

Anywhere  •  Instant  

soluLons  for  trivial  issues  

•  Instant  IntegraLon  with  HCP  backend  data  base  

•  Savings  to  both  paLent  and  HCP  

Unfair  Advantage  •  Market  Creator  

(no  exisLng  comprehensive  soluLon)  

Customer  Segments  •  General  

PopulaLon  •  Chronic  paLents  

requiring  constant  monitoring  

•  HCPs  •  Product  

DifferenLaLon  -­‐  Holographic  remote  presence    

•  Emergency  Response  Management  

Key  Metrics  •  App  sales/downloads  •  Supported  instruments  •  Integrated  HCPs  •  HW  unit  sales  

Channels  •  Peripheral  HW  

providers  •  HCPs  •  FDMs    

Cost  Structure  •  App  development,  Web  hosLng,  Support  Center  •  Peripheral  HW  development/integraLon  (Thermometer,  

stethoscope,  Otoscopic  extender,  Pulse  Oximeter)  •  Regulatory  compliance  •  HCP  integraLon  

Revenue  Streams  •  Free  App  to  paid  version  conversions  •  Peripheral  HW  sales  •  HCP  licensing    •  HCP  rouLng  preferenLal  fees  when  paLent  does  not  know  

who  to  call  •  Insurance  company  purchases  for  covered  paLents    

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References  Growth  and  Innova1on  in  the    Health  Care  Industry  –  Trends,  Opportuni1es,  and  Challenges  –  By  Frost  &  Sullivan  hup://www.frosvtp.com/dev/2014/FA/UnitedHealth_HC_Trends_Discussion.pdf  The  Baby  Boomers’  Massive  Impact  on  Health  Care  –  By  Chris3na  Orlovsky,  senior  writer  hup://www.nursezone.com/nursing-­‐news-­‐events/more-­‐news/The-­‐Baby-­‐Boomers%E2%80%99-­‐Massive-­‐Impact-­‐on-­‐Health-­‐Care_28946.aspx  Wireless-­‐Enabled  Remote  Pa1ent  Monitoring  Solu1ons  –  By  Rajeev  D.  Rajan,  Senior  Director  of  Product  Management,  Qualcomm  Life    hup://www.mdtmag.com/arLcles/2013/05/wireless-­‐enabled-­‐remote-­‐paLent-­‐monitoring-­‐soluLons  The  Connected  Pa1ent:  Char1ng  the  Vital  Signs  of  Remote  Health  Monitoring  Prepared  for  –  California  HealthCare  FoundaLon    By  –  Jane  Sarasohn-­‐Kahn  hup://www.chcf.org/publicaLons/2011/02/the-­‐connected-­‐paLent  ZyphyrLife  -­‐  hap://zephyranywhere.com/healthcare/zephyrlife-­‐home/  Preven1ce  -­‐  hap://www.preven1ce.com/products/the-­‐preven1ce-­‐care-­‐pladorm/  BioSign  -­‐  hap://www.biosign.com/  Doctor  On  Demand  -­‐  hap://www.doctorondemand.com/  MDLive  -­‐  haps://www.mdlive.com/