Download - Infobite HBF activate pitch
I n f o B i t eSimplify patient communication, one
piece of information at a time
Problem: Information overload
Time consuming Expensive Confusing
Today’s solutions
$660,000,000Cost to Medicare
8%Preventable hospital re-admissions due to non-compliance
$ ???Cost to private health insurance
Smaller, better understood chunks of information
Time saving Better compliance
Solution: InfoBite
- 24 hours
Preparation to-do list
T = 0
Time of procedure
+ 24 hours
Discharge Care instructions…
Morning of procedure
Instructions for the day
+72 hours
Extra support options available
Last 2 monthsField testing manual prototype
Progress/plans
Last 2 monthsField testing manual prototype
Last weekendHBF Hackathon
Progress/plans
Last 2 monthsField testing manual prototype
Last weekendHBF Hackathon
Past 7 days
* Talks with ADA * Mockups * Coding
Progress/plans
Last 2 monthsField testing manual prototype
Last weekendHBF Hackathon
Past 7 days
* Talks with ADA * Mockups * Coding
11/2016
* MVP Release * Early adopters
ready
Progress/plans
Dr Anish Shah* Dentist by profession * Original InfoBite idea - scratching
a personal itch * Co-founded
www.mediref.com.au with me
Team
Hemal Ruparelia* Pharmacist by profession * Self-taught programmer * The other www.mediref.com.au
co-founder
Expand beta-pilot to HBF specific areas
Added exposure/word of mouth
Additional resources
E.g. Friendlies Pharmacies’ health services
One of the ‘chosen 3’ Accelerate route to market
HBF Activate: Why?
I n f o B i t eSimplify patient communication, one
piece of information at a time
* Fastest way to an MVP for quicker feedback
* Universal - No app to download
* Most cost-effective - bootstrap!
MVP: Email based
Procedures pre and post information
21 3 4 5
New patient intake - send out paperwork
Review generator - for practices to generate a patient base
Complex diagnoses - E.g. Diabetes
Medico-legal benefits - electronic log of information sent to patients
Use cases
Still evaluating exact pricing model. Options:
* Flat subscription fees * Entirely metered usage. E.g. 50c per send * Mixture. E.g. 1 feed up to x patients for $10 pm, multiple feeds, for
unlimited patients $100 pm
Business Model: SAAS
Difficult to estimate due to the potential of expanding use cases
* MVP - pre/post procedural information - 2 million per year (AU) * Software has applications beyond Australia * Approx 55,000 health service providing practices in Australia
Market Size
2-way communication
MyHR Integration App-based communication
Future goals
Via organisations. E.g. ADA
Leverage Mediref client-base
Network effects (long term!)
Customer acquisition
Founder availabilityHemal: * Absent first week - hiking Peru with parents :D
Anish: * Still actively practices 3.5 days of dentistry a week
Both: * Presentation re: Mediref in Adelaide, 20th October * Presentation re: Mediref in Melbourne, 23rd November
Accelerator Funds$1,000
$25,000
$500$2,000
Wages Server/supporttoolsRainyday Codingsupport
(Monthly breakdowns listed) Anticipated* burn rate = $3,500 pm
* Loaded term!!