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Peace of Mind and
Support for
Caregivers through
Intelligent Monitoring
Neighbor
Secondary Caregiver
Care Manager
Health Care Provider
911
API
CARECIRCL
EBiometric
Wearable
Environme
ntal
Primary Caregiver
SMS
Report for
Provider
ABOUT CARECIRCLE
• Value added technology package that brings support
and peace of mind to caregivers of the elderly with
dementia
• Human task routing through an escalating SMS push as
the care needs are identified within the system
• Autonomous algorithms using evidence based medicine
will be in place in order to predict when a negative event
is going to happen and prescribe recommendations
• Prevention/early intervention are key to keeping our
loved ones healthier
PREDICTIVE AND PRESCRIPTIVE
ANALYTICS PRODUCE
CUSTOMIZED MESSAGES
Hi Laura! Please
check on Sophia
Smith. She has
not gotten up this
morning.
Hi Jennifer! We asked
Laura to check on
Sophia since she has
not gotten up this
morning.
View alert:
http://carecircle.com/
alert
Welcome, Jennifer!
Account | Sign Out
Info Center
Alert History
Settings
Info Center for Mom: Sunday, 04/12/2015 - 8:00 AM
Status Item
Blood Pressure:
Most Recent Blood Pressure: 119/80
Baseline Blood Pressure: 120/80
Temperature:
Most Recent Temperature: 100° F
Baseline Temperature: 98.6° F
Pulse:
Most Recent Pulse: 63 beats per minute
Baseline Pulse: 60 beats per minute
Commode Pressure Sensor:
Most Recent Activity: 10 times in the past
Welcome, Jennifer!
Account | Sign Out
Info Center
Alert History
Settings
Alert View: Temperature (Sunday, 04/12/2015 - 8:00 AM)
What does this information mean?
Mom has a fever.
If she is experiencing other symptoms such as
frequent and/or painful urination, that may be
indicative of a urinary tract infection (UTI).
What should I expect?
Fevers typically spike every 3 to 4 hours. After
rising to a peak temperature, her fever will fall,
even if there is no intervention.
What can I do?
Keep an eye out for worsening fever, or other
symptoms occurring. If Mom’s fever continues
rising, she needs to see a doctor.
View Report
Mom’s Temperature is 100° F.
Her baseline temperature is 98.6° F.
Welcome, Jennifer!
Account | Sign Out
Info Center
Alert History
Settings
Report for Sophia Smith (Sunday, 04/12/2015)
Temperature
Commode Pressure Sensor
Activated 15 times in 2 hours.
Typically activates about 5 times per day.
Print Report
Welcome, Jennifer!
Account | Sign Out
Info Center
Alert History
Settings
Alert History for Mom
Today
Yesterday
Last Week
Last Month
Date/Time
1 Temperature Alert 8:00 AM
No Alerts N/A
2 Activity Alerts Friday, 04/10/2015
1 Pressure Alert Thursday, 04/09/2015
1 Activity Alert Monday, 03/30/2015
View Report
OUR SOLUTION GOES
BEYOND CURRENT
SOLUTIONS
BeClose Lively CareCircle
Environmental X X X
Wearable X X
Biometrics X
Monitor X X X
Escalation of Care
Push
X
Report for Health
Care Provider
X X
Prescribe
appropriate
management
X
P & L 2015 2016 2017 2018 2019 Assumptions
Revenue (Analytics) 0 550,000 3,450,000 7,100,000 9,700,000
COGS 312,000 710,400 1,725,000 3,550,000 4,850,000
COGS = 50 % of revenue, starting in year
2017
Gross Margin (Analytics) -312,000 -160,400 1,725,000 3,550,000 4,850,000
Product Development 0 100,000 172,500 355,000 485,000 5 % of revenue, starting in year 2017
Infrastructure 25,000 80,000 103,500 213,000 291,000 26 % of revenue, starting in year 2018
SG&A 37,440 56,832 172,500 710,000 970,000 34 % of revenue, starting in year 2019
Travel 30,000 80,000 160,000 200,000 200,000
COGS = 50 % of revenue, starting in year
2017
Operations Cost 92,440 236,832 448,500 1,278,000 1,746,000
EBIT (Net Income) -404,440 -397,232 1,276,500 2,272,000 3,104,000
Subscription Fees 2015 2016 2017 2018 2019
Baseline Cost/Project (Analytics)
subscription model
Total # Sold Membership 0 28570 53740 11960 265000
5 year P & L projections with a commercial model
10
FINANCIALS
MARKETING STRATEGY
• Provider recommendation
• Case managers/SW
• Caregiver Support Groups
• NORC’s
EXTENSIONS
DEMONSTRATE:
•Reduction in utilization of care
•Reduction in utilization related to falls
•Early intervention reduces hospitalizations
•Reduction in lost work days
TEAM 15/18
Caregiver
Jennifer Maddocks
Susan Adams
Health Care Provider
Robert Corty
Mohsina Quadir
Business Development
Kaupind Shah
Analytics
Zeydy Ortiz
Software Developers
Lauren Li
Daniel Brewer
Dylan Young
IMPACT
Prevalence:
5.3 million people in the US living with Alzheimer's and
Dementia
15 million Americans caring for loved ones
17 billion hours of uncompensated care
Cost to Caregivers:
$5,531 out of pocket expense
$303,880 in total lost wages, social security, and private
pension loses per year.
Key Partners
• Sensor
Companies
• Technology
Partner
Validic
Key Activities
• Define Strategy
& Business Plan
• Confirm use
cases
• Product and Go-
to Market
Strategy
• Financial Model
(P&S and Cash
Flow)
• Funding Model
• Assess business
partners
Value
Proposition
Bring peace of
mind and support
to caregivers
through intelligent
monitoring,
Notifications will
be pushed to a
care circle in an
escalated manner.
Reporting will be
available for those
within the care
circle. Algorithms
will based on
known associations
to predict negative
events and
prescribe
appropriate
management
recommendations.
Customer
Relationships
Provide assistance
in initial
installation of
environmental
sensors
Onboarding of
member of family
circle
Provide
support/maintenan
ce
Customer
Segments
• Health Industry
-
• Health IT
• Private sector
• Federal
Government and
Non-profit
funded projects
• Expertise based
product and
consulting
market
Key Resources
• Management
Team
• Product
Innovation and
Development
• Industry SME
• Data Science
SME
• Technology SME
Channels
• Provider
Recommendati
on
• Case
managers/SW
• Caregiver
Support Groups
• NORC’s
Product and Cost Model
Model will based on cloud architecture and based
on outcome based revenue model for Caregiver
supports via push of escalation of care platform and
Predictive Analytics.
Revenue Streams
Refer cost structure for the models
• Year 1 – Fully funded and no positive cash flow
• Years 2 - Partially funded and project revenues
• Years 3 and beyond – Point of breakeven and
Reference – Business Model Generation, ISBN 978-0470-87641-1, John Wiley & Sons
BUSINESS MODEL
Strengths
•Well-designed hi-tech facilities
•Bio-Sensor on routine vitals
•Notification on AE
•Reassures adult children that their aging
parents will be taken care personally
•Personalized care offering services they
need as their condition worsens
Opportunities
• Population ages faster than the
availability of assisted living
facilities are constructed
• Expansion doesn’t face the same
market risk as it does in other
industries.
• well-targeted marketing campaign
can increase awareness
• Adding services like an on-site
pharmacy delivery
• Strive to maintain as independent
a lifestyle as possible for your
seniors
Threats
•Increased regulation can raise the
costs associated .
•the desire to ramp up quickly
with new facilities can lead to
inadequate training and
unprepared workers
•Price infaltion/deflation
•An economic downturn the market,
families may re-evaluate the feasibility
of lower-cost solutions.
•Competitors new products and innovation
Weaknesses
•Access to technology updates can
constrain growth.
•Liability insurance can be a drain on
revenue
cannot being cost-effective
•Company operates in an area where
skilled workers increases costs and
creates communication barriers
S W
TO
SWOT

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CareCircle Final Pitch

  • 1. Peace of Mind and Support for Caregivers through Intelligent Monitoring
  • 2. Neighbor Secondary Caregiver Care Manager Health Care Provider 911 API CARECIRCL EBiometric Wearable Environme ntal Primary Caregiver SMS Report for Provider
  • 3. ABOUT CARECIRCLE • Value added technology package that brings support and peace of mind to caregivers of the elderly with dementia • Human task routing through an escalating SMS push as the care needs are identified within the system • Autonomous algorithms using evidence based medicine will be in place in order to predict when a negative event is going to happen and prescribe recommendations • Prevention/early intervention are key to keeping our loved ones healthier
  • 4. PREDICTIVE AND PRESCRIPTIVE ANALYTICS PRODUCE CUSTOMIZED MESSAGES Hi Laura! Please check on Sophia Smith. She has not gotten up this morning. Hi Jennifer! We asked Laura to check on Sophia since she has not gotten up this morning. View alert: http://carecircle.com/ alert
  • 5. Welcome, Jennifer! Account | Sign Out Info Center Alert History Settings Info Center for Mom: Sunday, 04/12/2015 - 8:00 AM Status Item Blood Pressure: Most Recent Blood Pressure: 119/80 Baseline Blood Pressure: 120/80 Temperature: Most Recent Temperature: 100° F Baseline Temperature: 98.6° F Pulse: Most Recent Pulse: 63 beats per minute Baseline Pulse: 60 beats per minute Commode Pressure Sensor: Most Recent Activity: 10 times in the past
  • 6. Welcome, Jennifer! Account | Sign Out Info Center Alert History Settings Alert View: Temperature (Sunday, 04/12/2015 - 8:00 AM) What does this information mean? Mom has a fever. If she is experiencing other symptoms such as frequent and/or painful urination, that may be indicative of a urinary tract infection (UTI). What should I expect? Fevers typically spike every 3 to 4 hours. After rising to a peak temperature, her fever will fall, even if there is no intervention. What can I do? Keep an eye out for worsening fever, or other symptoms occurring. If Mom’s fever continues rising, she needs to see a doctor. View Report Mom’s Temperature is 100° F. Her baseline temperature is 98.6° F.
  • 7. Welcome, Jennifer! Account | Sign Out Info Center Alert History Settings Report for Sophia Smith (Sunday, 04/12/2015) Temperature Commode Pressure Sensor Activated 15 times in 2 hours. Typically activates about 5 times per day. Print Report
  • 8. Welcome, Jennifer! Account | Sign Out Info Center Alert History Settings Alert History for Mom Today Yesterday Last Week Last Month Date/Time 1 Temperature Alert 8:00 AM No Alerts N/A 2 Activity Alerts Friday, 04/10/2015 1 Pressure Alert Thursday, 04/09/2015 1 Activity Alert Monday, 03/30/2015 View Report
  • 9. OUR SOLUTION GOES BEYOND CURRENT SOLUTIONS BeClose Lively CareCircle Environmental X X X Wearable X X Biometrics X Monitor X X X Escalation of Care Push X Report for Health Care Provider X X Prescribe appropriate management X
  • 10. P & L 2015 2016 2017 2018 2019 Assumptions Revenue (Analytics) 0 550,000 3,450,000 7,100,000 9,700,000 COGS 312,000 710,400 1,725,000 3,550,000 4,850,000 COGS = 50 % of revenue, starting in year 2017 Gross Margin (Analytics) -312,000 -160,400 1,725,000 3,550,000 4,850,000 Product Development 0 100,000 172,500 355,000 485,000 5 % of revenue, starting in year 2017 Infrastructure 25,000 80,000 103,500 213,000 291,000 26 % of revenue, starting in year 2018 SG&A 37,440 56,832 172,500 710,000 970,000 34 % of revenue, starting in year 2019 Travel 30,000 80,000 160,000 200,000 200,000 COGS = 50 % of revenue, starting in year 2017 Operations Cost 92,440 236,832 448,500 1,278,000 1,746,000 EBIT (Net Income) -404,440 -397,232 1,276,500 2,272,000 3,104,000 Subscription Fees 2015 2016 2017 2018 2019 Baseline Cost/Project (Analytics) subscription model Total # Sold Membership 0 28570 53740 11960 265000 5 year P & L projections with a commercial model 10 FINANCIALS
  • 11. MARKETING STRATEGY • Provider recommendation • Case managers/SW • Caregiver Support Groups • NORC’s
  • 12. EXTENSIONS DEMONSTRATE: •Reduction in utilization of care •Reduction in utilization related to falls •Early intervention reduces hospitalizations •Reduction in lost work days
  • 13. TEAM 15/18 Caregiver Jennifer Maddocks Susan Adams Health Care Provider Robert Corty Mohsina Quadir Business Development Kaupind Shah Analytics Zeydy Ortiz Software Developers Lauren Li Daniel Brewer Dylan Young
  • 14. IMPACT Prevalence: 5.3 million people in the US living with Alzheimer's and Dementia 15 million Americans caring for loved ones 17 billion hours of uncompensated care Cost to Caregivers: $5,531 out of pocket expense $303,880 in total lost wages, social security, and private pension loses per year.
  • 15. Key Partners • Sensor Companies • Technology Partner Validic Key Activities • Define Strategy & Business Plan • Confirm use cases • Product and Go- to Market Strategy • Financial Model (P&S and Cash Flow) • Funding Model • Assess business partners Value Proposition Bring peace of mind and support to caregivers through intelligent monitoring, Notifications will be pushed to a care circle in an escalated manner. Reporting will be available for those within the care circle. Algorithms will based on known associations to predict negative events and prescribe appropriate management recommendations. Customer Relationships Provide assistance in initial installation of environmental sensors Onboarding of member of family circle Provide support/maintenan ce Customer Segments • Health Industry - • Health IT • Private sector • Federal Government and Non-profit funded projects • Expertise based product and consulting market Key Resources • Management Team • Product Innovation and Development • Industry SME • Data Science SME • Technology SME Channels • Provider Recommendati on • Case managers/SW • Caregiver Support Groups • NORC’s Product and Cost Model Model will based on cloud architecture and based on outcome based revenue model for Caregiver supports via push of escalation of care platform and Predictive Analytics. Revenue Streams Refer cost structure for the models • Year 1 – Fully funded and no positive cash flow • Years 2 - Partially funded and project revenues • Years 3 and beyond – Point of breakeven and Reference – Business Model Generation, ISBN 978-0470-87641-1, John Wiley & Sons BUSINESS MODEL
  • 16. Strengths •Well-designed hi-tech facilities •Bio-Sensor on routine vitals •Notification on AE •Reassures adult children that their aging parents will be taken care personally •Personalized care offering services they need as their condition worsens Opportunities • Population ages faster than the availability of assisted living facilities are constructed • Expansion doesn’t face the same market risk as it does in other industries. • well-targeted marketing campaign can increase awareness • Adding services like an on-site pharmacy delivery • Strive to maintain as independent a lifestyle as possible for your seniors Threats •Increased regulation can raise the costs associated . •the desire to ramp up quickly with new facilities can lead to inadequate training and unprepared workers •Price infaltion/deflation •An economic downturn the market, families may re-evaluate the feasibility of lower-cost solutions. •Competitors new products and innovation Weaknesses •Access to technology updates can constrain growth. •Liability insurance can be a drain on revenue cannot being cost-effective •Company operates in an area where skilled workers increases costs and creates communication barriers S W TO SWOT