clinbio overview
TRANSCRIPT
Timothy N. Crammer, MBA, PMP
Clinical Biometrics, Inc.Executive Overview
Description
Introduction
The healthcare industry is on the cusp of exciting changes as new technologies are being developed that will truly alter how medical care is provided to patients and that will solve challenges present in the current system.
Dr. Daniel Kraft, Exponential Medicine Conference Chair
• Who we are – Clinical Biometrics is in pursuit of real-time Predictive Health-care through biometric Healthcare; the use of miniature, programmable bio-sensors with rich analytics, monitoring individuals’ physiology and vital signs.
• What we do – We will impact our current point-in-time reactive healthcare delivery models by enabling preventative medicine and predictive care. This is the future of healthcare delivery.
• Who will Benefit – Physicians, Patients, Hospitals, Health Insurance Com-panies and Population Healthcare Organizations.
Introduction
Problem• Physicians’ rely on point of care, point in time readings of a patient's vital signs for diagnosis and treatment resulting in reactive care of diseases and rehabilitative treatment
• There are no predictive, proactive preventative care models established to alert and actbefore conditions become serious
• Technology exists to enable a new healthcare paradigms, but no coordinated effort across these technologies and the healthcare system exist today
• Available technologies have no standards across vendors for communications protocols and sensor data security encryption
• Products and technologies are proprietary and vendor specific
What is Biometric Healthcare; bHealth?
Biometric Healthcare or bHealth, is the use of unobtrusive, disposable, wireless biometric sensors to collect patient physiological data in real-time, en-abling analytics to determine actions to be taken when programmable limits are reached.Biometric Healthcare allows proactive steps to be taken at the onset of ill-ness, rather than reactively treating illness once acute.
Solution With ClinBio’s unobtrusive sensors and vendor agnostic platform, healthcare pro-viders will be able to:
Document accountability throughout the entire care cycle
Utilize real-time predictive care to prevent diseases
View a patients’ vital signs, and other specific measurements (Glucose, O2, ++)over time, enabling a trending view with predetermined alerts for variances
Solution
Product
FDA approved unobtrusive skin-patch sensorsthat provide real-time programmable, secure clinical health data acquisition during inpatient services and
after discharge preventing readmissions
Available or soon to be available sensor types
Wearables
Expected Values in 2019 – 2 years$53.2 billion U.S.D
More than ten times its value five years prior.Indicating a fast growing personal health accountability and device acceptance
Product
Rich Data Analytics against real-time patient sensor data stores enable parameters to be defined for aberrant readings, and actions to be triggered
Market
Total IoT (Internet of Things) Market
Total Market Today
$521.7 Billion2016
Projected Growth
$14 Trillion 2020
IoT is: programmable objects with sen-sors communicating and behaving
within pre-defined, programmed rules.
Wearables
Expected Values in 2019 – 2 years$53.2 billion U.S.D
More than ten times its value five years prior.Indicating a fast growing personal health accountability and device acceptance
The IoT In Healthcare Infographic
Market
What is the Value of Disease Prevention?
Value of Prevention is immeasurable
• Improved Population Health• Reduced Total Cost of Care• Reduced Disease Management• Extended Life Expectancy• Improvement - Insurance Business Models• And so much more…
Our Focus• Disease Prevention, Predictive Healthcare,
bHealth• Unobtrusive, Wireless medical sensor devices • Cross-vendor integration of biosensors and wearables (Apple watch, FitBit, etc.)• Clinical big-data management • Real-time analytics (not predictive population
health analytics), and • replacing the current hard-wired single instance
vital measuring, and reactive disease treat-ment paradigm
Business Model
Software as a Service (SaaS) Subscrip-tion
• Per individual monitoring fee• Multi-Level Physician/Practice Li-
censing• Analytics system functionality mod-
ules
Hardware Sales• Clinical Trail kits• Homecare kits• Cardiac Rehab kits• Individual Sensors
Financial Requirements
$300,000(USD) for Predictive Model PrototypesEstimated > $100M(USD) in initial capital to effectively pursue our mission
Financial RequirementUse of Seed Funding $300k
• Development of 1st. Prototypes• Engage core engineering resources• Build core strategic relationships, and • The development of our initial Medical IoT
sensor integration and real-time analytics platform mockup.
Financial RequirementUse of Initial Funds $100M+• Organizational Development• Aggressive market entry• Enhanced Marketing & Branding• Expanding core competencies,• Expanding core strategic relationships, • further development of our Medical IoT sensor
integration and real-time analytics platform.
Competition No direct competitors currently, however…
…are pursuing wireless products in healthcare
CompetitionCompetitor strengths
Established brand and developed tech-
nology
Effective delivery of products
Advanced soft-ware infrastruc-
ture
Expansion capi-tal available and brand loyalty
CompetitionCompetition weaknesses
Management teams with mini-mum IoT experi-
ence
Technology not being focus Technology not
scaling fast enough
Fragmented and no stan-dards in communications pro-tocols or network encryption
Problematic secu-rity issues
ClinBio Differentiators
Focused on defining the future of predictive health-care and disease prevention
Market focus on new and innovative sensors and wearable technologies
Focused on vendor-agnostic integration leveraging existing investments and al-lowing disparate vendor data to be aggre-gated and analyzed
Differentiators Founders heavy background (40+ years) in technology and in
Healthcare industries (15+ years)
Participation with existing HIE's (Health Information Ex-changes),
Clinical Trials, CDC and medical research entities through joint projects; Research and population health metric contributions
Ambition to offer strategic, flexible technology acquisition models
Focus also on increasing billable encounters, home healthcare and
reduction of patient readmissions
Risk and Challenges
AT&T, GE and Philips see potentials for similar markets with proprietary sensors and products, with Philips pursuing the consumer fitness-band markets.
Cultural integration and acceptance by healthcare, insurance and gov-ernment
Multi-vendor integration will be difficult due to the large number and variations of technologies, and protocols
Smart, knowledgeable people must buy into the vision of the organi-zation early to structure for dramatic growth and the rapid change antici-pated
Core Principals
Our Core Princi-ples
Customer Centric Operational Agility Community Con-nected
Marketing and Promotion● Develop and maintain a strong, consistent social media presence across multiple forums (LinkedIn, Twitter, Facebook, Instagram, SlideShare, etc.)
● Maintain a strong presence in industry promotional conferences and events
● Vigilant in the management of our reputation and pedigree
● Manage our online press coverage and endorsements
● Dedicate resources for strong, strategic relationships in defined subject areas in the field for shared projects and initiatives
● Publish creative videos promoting our products, customers and our culture
● Maintain shared activities via affiliate partners and physicians
ClinBio Intro Videoshttps://www.youtube.com/playlist?list=PLb89F0m-343AJ08SfTz1udaXpWdYKsUxR
Marketing and PromotionInitial Marketing Focus
• Clinical Trials• Cardiac Rehab• Home Healthcare• Surgery Outpatient• Partnership Environments
Promote our Culture● Maintain our agile, tribal culture● Attract and retain the best, knowledgeable people● Ensure continuous self-improvement for ourselves and others● Focus on our commitment to our consumers and their operational objectives● Maintain organizational innovation and agility ● Lead and assist other market players entering the field● Become recognized as experts in our industry through public speaking and employee field assignments● Approach our markets with scalable strategies● Actively develop new features, follow market trends and improve user experience ● Make a strong connections within our industries● Establish and meet key performance metrics; reduced errors, reduced costs, and in-creased revenue and patient satisfaction ● Lead and Establish healthcare and insurance market metrics ● Efficiently document accountable care provided throughout the entire care cycle● Implement artificial intelligence, and virtuality within our designs ● Focus on vendor-agnostic establishment and cross platform compatibilities ● Become the recognized center of excellence for biometric monitoring and biodata analytics
Contact
Timothy N. Crammer: [email protected] Website: http://clinbio.us/executive-overview.html
Telephone317-468-9700 – Main Office317-606-4408 – IP, Google Phone & Text765-610-3138 – Cell & Text
ClinBio Marketing Intro Videoshttps://www.youtube.com/playlist?list=PLb89F0m-343AJ08SfTz1udaXpWdYKsUxR