the next frontier quiqmeds expand your pharmacy into the...
TRANSCRIPT
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QUIQMEDS Expand your pharmacy into the point-of-care
THE NEXT FRONTIER
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AGENDA
1. Business opportunity
2. Strategic partnerships
• Teaming agreement with Verizon
• Strategic Partnership with IQVIA
3. Our platform
4. Solution overview
5. Revenue model
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BUSINESS OPPORTUNITY
Extend independent pharmacy into the point of care
• Primary care, endocrinology, behavioral health and cardiologyphysician group practices
• Rural hospitals
• FQHC & VA Facilities
• Employee health locations
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BUSINESS OPPORTUNITY
QuiqMeds and our pharmacy partners have an opportunity to transform the pharmacy and medication management paradigm.• Provide medicines at the point of care during the Covid-19 crisis
• Generate new revenue streams by extending your pharmacy into physician grouppractices and other novel locations – A $2B annual revenue opportunity across theUnited States
• Improve patient outcomes by reducing/eliminating prescription abandonment whileoptimizing patient access and affordability
• Gain market share from competing pharmacies
• Recognize incremental revenue streams by leveraging IQVIA’s leading healthcaredata & analytic tools to support medication adherence and clinical research
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OUR STRATEGIC PARTNERS
QuiqMeds- VERIZON Teaming Agreement• Contracting vehicle
• Inventory, warehouse, distribute and install dispensaries
• Network dispensaries to QuiqMeds platform
• Monitor dispensaries to maximize operations and network efficiencies
• Call center support
QuiqMeds – IQVIA Strategic Alignment• Targeting, data management and analytics
• Medical liaisons as initial sales field force
• Telehealth
• Medication adherence programs
• Clinical research
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OUR PLATFORM
Simplify the execution of all tasks related to tele-pharmacy across the distribution and reimbursement ecosystem.
Platform features includes:
• EMR Integrated, E-Prescribing• Dispense first fill, refills, OTCs,
supplements• Workflow automation and mobile
credit card processing• Predictive, automated inventory
management• Real time analytics for adherence,
utilization, financials, etc.• Enhanced integration capabilities• Dynamic pricing controls• Mobile point of sale and more.
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The next generation point-of-care prescription fulfillment solution is a fully automated turnkey pharmacy which includes 4 essentials:
A fully automated prescription management technology platform for optimal efficiency.
3Direct integration of every stakeholder to ensure support and compliance and to simplify reimbursement. Our QuiqCore Enterprise and QuiqMeds Mobile cloud-
based platform for tele-pharmacy, workflow automation and mobile credit card processing.
Mobile platform enables both delivery and rapid pickup4 Reliable and relevant data (the new gold)available for mining and analytics.
PHARMACY SOLUTIONPlatform
An easy to use and free medication dispenser for frictionless adoption
1
2
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The next generation point-of-care prescription fulfillment solution is a fully automated turnkey pharmacy which includes 4 essentials:
An easy to use and free medication dispenser for frictionless adoption2
A fully automated prescription managementtechnology platform for optimal efficiency.
3Direct integration of every stakeholder to ensure support and compliance and to simplify reimbursement.
4 Reliable and relevant data (the new gold)available for mining and analytics.
The office-based automated dispensing unit*.
The hospital-basedautomated dispensing unit*.
1
* The capture rate for medications available through our dispensing units usuallyranges between 60% and 85%.
Platform Dispenser
PHARMACY SOLUTION
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The next generation point-of-care prescription fulfillment solution is a fully automated turnkey pharmacy which includes 4 essentials:
1
2
Direct integration of every stakeholder to ensure support and compliance and to simplify reimbursement.
3
4 Reliable and relevant data (the new gold)available for mining and analytics.
InsuranceFDA Repackager
Health System
Pharmacist Doctor
Patient
Manufacturers
Platform Dispenser Stakeholders
An easy to use and free medication dispenser for frictionless adoption
A fully automated prescription management technology platform for optimal efficiency.
PHARMACY SOLUTION
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The next generation point-of-care prescription fulfillment solution is a fully automated turnkey pharmacy which includes 4 essentials:
1
2
3Direct integration of every stakeholder to ensure support and compliance and to simplify reimbursement.
Reliable and relevant data (the new gold)available for mining and analytics.4
Platform Dispenser Stakeholders Data
• Clinical insights through doctor electronic medical record• Granular prescription information• Patient medication possession ratios• Doctor Insight into patient health issues• Product marketing performance information• Pharmacy reimbursement data
Real-time data to optimize remote facilities
An easy to use and free medication dispenser for frictionless adoption
A fully automated prescription management technology platform for optimal efficiency.
PHARMACY SOLUTION
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REVENUE MODEL EXAMPLE
The doctor's office receives a fair market valuation fee as consideration for having a QuiqMeds Pharmacy on the premises.
QuiqMeds receives a share of the prescription dispensing revenues.
39%
11%
50%
The FDA repackager or Manufacturer is paid the ingredient price for the medication.
Revenues are derived from insurance reimbursement. The percentage of the prescription price that represents QuiqMeds revenues varies base on variable return to the FDA repackager (25% to 40%).
* Following further discussion, revenues derived from insurance reimbursement (50%) will be split between Walmart Health and QuiqMeds.
Pharmacy receives the direct reimbursement from the insurance
company for each prescription dispensed to the patient.
*
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Appendix A Verizon
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Enhancing Enterprise Scale – Operational Execution
Step Preparing Provisioning Installing Connectivity / SecurityWhy • Reduce product iteration
advancement times, productprovisioning times
• Increase manufacturercapabilities
• Reduce Infrastructure costs• Deployment velocity• Increase capacity
• Easier• Single source• Velocity, capacity and single
source of
• Customer satisfaction• Security• 3rd party referential• High risk / high bar
How • Hardware considerationsaround PC and/or antennas
• Software
• Coordination from factory tosite install
• Leverage existinginfrastructure
• Using existing infrastructure• Client base knowledge• Related services
• Network testing• Best in class fiber,
wireless connectivity• IoT / Cameras
What • Chip sets• SIM cards• Work w manufacturer
• Smart Warehousing• Timing, scheduling,
inventory control
• Site prep• Power hook up• Network / cellular hook up
• 24/7/365 monitoring• Professional services• Integration
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Step Monitoring Billing & Collecting Financing ExpandingWhy • Customer satisfaction
• Security• Up time
• Reduce back office • Reduce financial concern• Enable faster expansion
• Speed of expansion
How • Professional and managedservices
• Power, connection, cameras
• Leverage existinginfrastructure
• Discuss partnership, JVand/or investment
• Leverage existinginfrastructure ofcustomers and partners
What • 24/7/365 monitoring• Professional services• Triage and alert to site host,
security and constituents• Deploy field tech
• Billing & collecting• Payment services
• VZ direct or soft investment • Place in otherconsumer high traffic locations
Network, Security, Professional Services + 5G
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"Supporting the doctor-patient relationship is key to our success. It's where we find sustainable long term value.”
CONTACT INFORMATION: Chris CresswellEMAIL: [email protected]
CELL: (301) 785-1488www.NewEnterpriseVentures.com