the next frontier quiqmeds expand your pharmacy into the...

15
QUIQMEDS Expand your pharmacy into the point-of-care THE NEXT FRONTIER

Upload: others

Post on 12-Jul-2020

4 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: THE NEXT FRONTIER QUIQMEDS Expand your pharmacy into the ...newenterpriseventures.com/wp-content/uploads/2020/... · The next generation point-of-care prescription fulfillment solution

QUIQMEDS Expand your pharmacy into the point-of-care

THE NEXT FRONTIER

Page 2: THE NEXT FRONTIER QUIQMEDS Expand your pharmacy into the ...newenterpriseventures.com/wp-content/uploads/2020/... · The next generation point-of-care prescription fulfillment solution

AGENDA

1. Business opportunity

2. Strategic partnerships

• Teaming agreement with Verizon

• Strategic Partnership with IQVIA

3. Our platform

4. Solution overview

5. Revenue model

Page 3: THE NEXT FRONTIER QUIQMEDS Expand your pharmacy into the ...newenterpriseventures.com/wp-content/uploads/2020/... · The next generation point-of-care prescription fulfillment solution

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

Page 4: THE NEXT FRONTIER QUIQMEDS Expand your pharmacy into the ...newenterpriseventures.com/wp-content/uploads/2020/... · The next generation point-of-care prescription fulfillment solution

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

Page 5: THE NEXT FRONTIER QUIQMEDS Expand your pharmacy into the ...newenterpriseventures.com/wp-content/uploads/2020/... · The next generation point-of-care prescription fulfillment solution

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

Page 6: THE NEXT FRONTIER QUIQMEDS Expand your pharmacy into the ...newenterpriseventures.com/wp-content/uploads/2020/... · The next generation point-of-care prescription fulfillment solution

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.

Page 7: THE NEXT FRONTIER QUIQMEDS Expand your pharmacy into the ...newenterpriseventures.com/wp-content/uploads/2020/... · The next generation point-of-care prescription fulfillment solution

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

Page 8: THE NEXT FRONTIER QUIQMEDS Expand your pharmacy into the ...newenterpriseventures.com/wp-content/uploads/2020/... · The next generation point-of-care prescription fulfillment solution

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

Page 9: THE NEXT FRONTIER QUIQMEDS Expand your pharmacy into the ...newenterpriseventures.com/wp-content/uploads/2020/... · The next generation point-of-care prescription fulfillment solution

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

Page 10: THE NEXT FRONTIER QUIQMEDS Expand your pharmacy into the ...newenterpriseventures.com/wp-content/uploads/2020/... · The next generation point-of-care prescription fulfillment solution

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

Page 11: THE NEXT FRONTIER QUIQMEDS Expand your pharmacy into the ...newenterpriseventures.com/wp-content/uploads/2020/... · The next generation point-of-care prescription fulfillment solution

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.

*

Page 12: THE NEXT FRONTIER QUIQMEDS Expand your pharmacy into the ...newenterpriseventures.com/wp-content/uploads/2020/... · The next generation point-of-care prescription fulfillment solution

Appendix A Verizon

Page 13: THE NEXT FRONTIER QUIQMEDS Expand your pharmacy into the ...newenterpriseventures.com/wp-content/uploads/2020/... · The next generation point-of-care prescription fulfillment solution

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

Page 14: THE NEXT FRONTIER QUIQMEDS Expand your pharmacy into the ...newenterpriseventures.com/wp-content/uploads/2020/... · The next generation point-of-care prescription fulfillment solution

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

Page 15: THE NEXT FRONTIER QUIQMEDS Expand your pharmacy into the ...newenterpriseventures.com/wp-content/uploads/2020/... · The next generation point-of-care prescription fulfillment solution

"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