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Deible, Godbole, Kooser, Mollo
Flatiron Health
Innovative Caring
$4Bn
2018 Total
Market
2018
Market Share
10%
Services
• OncoEMR
• OncoBilling
• OncoAnalytics
• OncoTrials
Current Target Market
• Oncology clinics
• Therapeutic oncology
companies
• Research centers
Introduction
Internal Investment
Market Analysis
Growth Strategy
Risk Mitigation
Financials & Conclusion
Oncology IT Market Analysis
Industry Trends
• Increased privacy concerns with
patient data
• Growing need for real-time
data and insights
• Larger emphasis for connecting
patients with one another
Positioning Strategy
Increased Market Share
Internal transformation
Blockchain Implementation
Partnership with Apple
Business Growth
Investment in AI
Selling to Insurance Companies
Invest in Emerging Technology
Investing internally to deliver great service while seeking ways to
diversifying revenue streams
Diversify revenue streams
Why Do We Need to Improve Security?
Data breaches are becoming increasingly common and costly
Only 40% of physicians have
EMR systems capable of giving
patients timely access to
patient’s records
1 in 13 people will experience
their personal medical history
hacked by 2021
About 80% of medical errors
involve miscommunication
during care transitions
6
Increasing data
breaches
Lack of patient
access to records
Highly
Fragmented
How Blockchain Can Improve EHR’s
Blockchain technology can improve security while incentivizing patients and physicians
Security
Secure sensitive health
data via encryption and
decentralization
Organization
Providing one complete
version of a patient’s
health record to help
coordinate personal care
Accessibility
Allow patients to access
and control their entire
medical history
Implementing Blockchain with Patientory Inc.
Acquire the leading provider of blockchain healthcare solutions
Enables patients, clinicians,
and healthcare
organizations to access,
store, and transfer
information with 100%
safety guarantee
Improving
Care
Coordination
Ensuring Data
Security
How it Works
Patientory uses blockchain to better protect patient medical records
Uses blockchain
technology to
ensure end to end
encryption while
adhering to
regulatory
guidelines and
compliance
requirements
The Incentive Strategy
Patientory’s services incentivize patients, physicians and healthcare providers
Physicians
Patients
• Instantly access your own
health information.
• Reach out to the
community to learn more
about your condition
• Connect with your care
team
• Get complete medical
history including
complete notes from
other provider
organizations
• Interact with patients
• Save costs on data
breaches
• Provide coordinated care
• Reduce readmission
penalties up to 85% and
IT expenses up to 42%
Physicians
Healthcare
Using data analytics
and innovation to
disrupt the healthcare
industry
Companies Moving into the Healthcare Industry
Large tech corporations are beginning to heavily invest in the healthcare industry
Apple
Amazon
JP Morgan
Berkshire
Hathaway
Google/
Alphabet
Uber
Apple
Through biometric technology Apple is heavily investing in the healthcare industry
Monitor Health and check
heart rate
Create applications that
have medical grade
care and store all
medical data
Measure Biometrics
Sensors measuring
blood pressure, body
fat, heart function,
stress, blood oxygen,
glucose…
Joint Venture with Apple
Apple and Flatiron exchange data
Invest in the future of the healthcare industry
Use this data in our blockchain
Aid Apple in their goal to enter the healthcare space through a joint venture
Insurance Companies & Blockchain
Improving data security to encourage patients to share their data
Blockchain & Insurance
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
Industry moving
towards personalized
health insurance
Insurance companies
want more data
Patients are hesitant to
give their data due to
security concerns
Optum | UHC | Humana | Quest Diagnostics | MultiPlan
$2.1 Billion
Spent on
Secure Data
Time
Incentive
More
Secure
Data
All Inputted
Into One
System
Artificial Intelligence, the Natural Choice
Adding value through AI
Accelerate Drug Discovery
Step 3
Patient-centric
• Average of 10 years to bring new drugs to the market
• Majority of potential drugs don’t survive pre-clinical
• Biopsies and imaging analyzed in real-time
• Individualize prescriptions
• New Apple data helps monitor status
• Doctors focus on human care
Diagnose & Prescribe
xxx
Implement an AI Team
Add an AI team to effectively create a new line of revenue
Create a
New AI
Team
Start with
patient,
expand to
business
~10 engineers
on team
ranging in
specialty
Better Care
Faster, cheaper, and
more accurate testing
and treatment
Sell Insights
Generate an additional revenue stream by selling our AI-generated insights
IBM currently sells to
about 230 hospitals
Better Care
Faster, cheaper, and
more accurate testing
and treatment
Company
Integration
Ensuring cultural
synergies and
hiring the
appropriate
talent
Timeline
projection of
5-years
Engrained
feedback loop
within products
and services
offered
Risks & Mitigation
Security
Concern
Spend more on
R&D and use of
blockchain
Mitigation Plan
Potential Risks
Financials
2018 2019 2020 2021 2022 Total
Total Revenue 46,000,000$ 58,000,000$ 63,300,000$ 70,769,000$ 80,428,970$ 318,497,970$
Patientory Implementation 46,000,000$ 48,000,000$ 52,000,000$ 58,000,000$ 66,000,000$ 270,000,000$
AI Insights -$ 10,000,000$ 11,300,000$ 12,769,000$ 14,428,970$ 48,497,970$
Total Operating Costs 41,400,000$ 52,200,000$ 56,970,000$ 63,692,100$ 72,386,073$ 286,648,173$
Gross Profit 4,600,000$ 5,800,000$ 6,330,000$ 7,076,900$ 8,042,897$ 31,849,797$
Marketing Expenses 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 250,000,000$
Total Admin Expenses 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 50,000,000$
R&D Expenses 100,000,000$ 100,000,000$ 100,000,000$ 100,000,000$ 100,000,000$ 500,000,000$
Total Operating Expense 160,000,000$ 160,000,000$ 160,000,000$ 160,000,000$ 160,000,000$ 800,000,000$
Total Revenue: $318,497,970 Total Investment: $800,000,000
ROI: 39.81%
Deible, Godbole, Kooser, Mollo
Timeline
2018 2019 2020 2021 2022
AI Implementation
Patientory Acquisition
Insurance Adoption

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Princeton University Graduate Case Competition 2018

  • 2. Flatiron Health Innovative Caring $4Bn 2018 Total Market 2018 Market Share 10% Services • OncoEMR • OncoBilling • OncoAnalytics • OncoTrials Current Target Market • Oncology clinics • Therapeutic oncology companies • Research centers
  • 3. Introduction Internal Investment Market Analysis Growth Strategy Risk Mitigation Financials & Conclusion
  • 4. Oncology IT Market Analysis Industry Trends • Increased privacy concerns with patient data • Growing need for real-time data and insights • Larger emphasis for connecting patients with one another
  • 5. Positioning Strategy Increased Market Share Internal transformation Blockchain Implementation Partnership with Apple Business Growth Investment in AI Selling to Insurance Companies Invest in Emerging Technology Investing internally to deliver great service while seeking ways to diversifying revenue streams Diversify revenue streams
  • 6. Why Do We Need to Improve Security? Data breaches are becoming increasingly common and costly Only 40% of physicians have EMR systems capable of giving patients timely access to patient’s records 1 in 13 people will experience their personal medical history hacked by 2021 About 80% of medical errors involve miscommunication during care transitions 6 Increasing data breaches Lack of patient access to records Highly Fragmented
  • 7. How Blockchain Can Improve EHR’s Blockchain technology can improve security while incentivizing patients and physicians Security Secure sensitive health data via encryption and decentralization Organization Providing one complete version of a patient’s health record to help coordinate personal care Accessibility Allow patients to access and control their entire medical history
  • 8. Implementing Blockchain with Patientory Inc. Acquire the leading provider of blockchain healthcare solutions Enables patients, clinicians, and healthcare organizations to access, store, and transfer information with 100% safety guarantee Improving Care Coordination Ensuring Data Security
  • 9. How it Works Patientory uses blockchain to better protect patient medical records Uses blockchain technology to ensure end to end encryption while adhering to regulatory guidelines and compliance requirements
  • 10. The Incentive Strategy Patientory’s services incentivize patients, physicians and healthcare providers Physicians Patients • Instantly access your own health information. • Reach out to the community to learn more about your condition • Connect with your care team • Get complete medical history including complete notes from other provider organizations • Interact with patients • Save costs on data breaches • Provide coordinated care • Reduce readmission penalties up to 85% and IT expenses up to 42% Physicians Healthcare
  • 11. Using data analytics and innovation to disrupt the healthcare industry Companies Moving into the Healthcare Industry Large tech corporations are beginning to heavily invest in the healthcare industry Apple Amazon JP Morgan Berkshire Hathaway Google/ Alphabet Uber
  • 12. Apple Through biometric technology Apple is heavily investing in the healthcare industry Monitor Health and check heart rate Create applications that have medical grade care and store all medical data Measure Biometrics Sensors measuring blood pressure, body fat, heart function, stress, blood oxygen, glucose…
  • 13. Joint Venture with Apple Apple and Flatiron exchange data Invest in the future of the healthcare industry Use this data in our blockchain Aid Apple in their goal to enter the healthcare space through a joint venture
  • 14. Insurance Companies & Blockchain Improving data security to encourage patients to share their data Blockchain & Insurance xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx Industry moving towards personalized health insurance Insurance companies want more data Patients are hesitant to give their data due to security concerns
  • 15. Optum | UHC | Humana | Quest Diagnostics | MultiPlan $2.1 Billion Spent on Secure Data Time Incentive More Secure Data All Inputted Into One System
  • 16. Artificial Intelligence, the Natural Choice Adding value through AI Accelerate Drug Discovery Step 3 Patient-centric • Average of 10 years to bring new drugs to the market • Majority of potential drugs don’t survive pre-clinical • Biopsies and imaging analyzed in real-time • Individualize prescriptions • New Apple data helps monitor status • Doctors focus on human care Diagnose & Prescribe
  • 17. xxx Implement an AI Team Add an AI team to effectively create a new line of revenue Create a New AI Team Start with patient, expand to business ~10 engineers on team ranging in specialty Better Care Faster, cheaper, and more accurate testing and treatment
  • 18. Sell Insights Generate an additional revenue stream by selling our AI-generated insights IBM currently sells to about 230 hospitals Better Care Faster, cheaper, and more accurate testing and treatment
  • 19. Company Integration Ensuring cultural synergies and hiring the appropriate talent Timeline projection of 5-years Engrained feedback loop within products and services offered Risks & Mitigation Security Concern Spend more on R&D and use of blockchain Mitigation Plan Potential Risks
  • 20. Financials 2018 2019 2020 2021 2022 Total Total Revenue 46,000,000$ 58,000,000$ 63,300,000$ 70,769,000$ 80,428,970$ 318,497,970$ Patientory Implementation 46,000,000$ 48,000,000$ 52,000,000$ 58,000,000$ 66,000,000$ 270,000,000$ AI Insights -$ 10,000,000$ 11,300,000$ 12,769,000$ 14,428,970$ 48,497,970$ Total Operating Costs 41,400,000$ 52,200,000$ 56,970,000$ 63,692,100$ 72,386,073$ 286,648,173$ Gross Profit 4,600,000$ 5,800,000$ 6,330,000$ 7,076,900$ 8,042,897$ 31,849,797$ Marketing Expenses 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 250,000,000$ Total Admin Expenses 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 50,000,000$ R&D Expenses 100,000,000$ 100,000,000$ 100,000,000$ 100,000,000$ 100,000,000$ 500,000,000$ Total Operating Expense 160,000,000$ 160,000,000$ 160,000,000$ 160,000,000$ 160,000,000$ 800,000,000$ Total Revenue: $318,497,970 Total Investment: $800,000,000 ROI: 39.81%
  • 22. Timeline 2018 2019 2020 2021 2022 AI Implementation Patientory Acquisition Insurance Adoption