medisafe - mobile medication management platform
Post on 16-Jul-2015
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MediSafe is a medication management platform, addressing the major causes of non-adherence.
What is MediSafe?
Forgetfulness Lack of support Emotional distress
Information overloadLack of connectivityLow engagement Medication costs
Why and When?
Key Dates
FoundedAug. 2012
First FundingAug. 2013
LaunchedNov 2012 (alpha)May 2013 (beta)
The Problem
146MAmericans prescribed daily meds
700,000Suffer an over/under dose emergency each year
19 minan American dies due to non-adherence
Every
$187BLost sales to pharma and pharmacies each year
$290BUS healthcare costs related to non-adherence
Lost Revenues
Quality of Care
HealthcareCosts
CVS research, 2012CDC research. 2012
Congress report regarding non-adherence, 2012CapGemini/HealthPrize research 2012
Our Opportunity
Hospital/ HMO/ ACO
Pharmacy
Pharma
Data
Rx and Treatment
Rx Transfers / Refills
Targeting education
AnalyticsE-Prescription, pt history
Cost savings
FREE
PA info
Adherence Data & Biometrics
MediSafe is an engaging, holistic
solution addressing the major
causes of non-adherence :Forgetfulness
Lack of support
Negative feeling
Miscommunication
Lack of connectivity
Low engagement
Medication costs
Helpful tools & services
Reminders
Patient education
Positive reinforcement
Telecare
Diet tips and content
Family notifications
Bio feedback
Consumer Solution
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014
Where We Are
1,200,000 Downloads
Active Users: Hundreds of thousandsDoses Taken Correctly: 75M+Sessions: 200,000,000+
Pharma Dashboard
Annual $ Value of Increased Adherence
$1,804,032Based on:36% increased adherence = 10 days/MO16,000 patients using solution$0.87 lowest retail cost per pill
Active users
Average Adherence
Ages Gender LocationActive users
Monthly
Average adherence
24K
86%People who take Lipitor also take:1. Vitamin D2. Metformin3. Insulin4. Contraceptives
16000
8000
86%
76%
Estimated ROI
X5Total value / total cost
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