Redefining Care for Seniors and the Chronically Ill Gary German President & CEO New York, NY

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Presentation transcript:

Redefining Care for Seniors and the Chronically Ill Gary German President & CEO New York, NY

Demographic Trends The senior population will double within 15 years:

117 million people in the U.S. alone have 1 or more chronic health condition. Sources: Centers for Disease Control and Prevention | New England Journal of Medicine | National Alliance for Caregiving | Congressional Budget Office | AARP According to the federal government, 20% of elderly patients are back in the hospital within 30 days after discharge. Officials estimate $17 billion is spent on potentially avoidable readmissions. Urinary Tract Infections are the 2nd most common cause of infectious disease hospitalizations in adults aged 65 and older The total value of services & supports for seniors in the US exceeded $ 400 Billion Problem: Older Adult Long Term and Acute Care Admissions - Cost of Care By the Numbers

Creates a pathway to lower level interventions, thus containing costs and reducing avoidable emergency department visits, hospitalizations, nursing home placements, and overall admissions to higher levels of care. Solution: Nonnatech Individual Patients/Residents/Members: User Needs Assistance Screenshot Large Groups of Patients/Residents/Members

Bed Sensor Chair Sensor Toilet Sensor Nonna Button Incontinence Sensor Floor Sensor Nonnatech Sensors

No other company has integrated as many unique unobtrusive devices to provide real-time monitoring and automatic data transfer to clinicians, family members, and home care staff which can be passively collected (i.e., no self reported data) Our data has shown over 35% fewer ED visits, 14% fewer days in long-term care, and 7% fewer inpatient admissions in elderly and chronically ill individuals Savings of over $500 per patient per month (PPPM) 5x return on investment (ROI) per member Platform is device agnostic. Can support Z-Wave, Zigbee, ANT+, and Bluetooth Helps users control lights and appliances and does not require users to wear nor carry a device around Competitive Advantages

Our Traction

Early Detection & Intervention Connected Health Devices Predictive Analytics Continuous Monitoring Chronic Disease Management Assessments & Reports BENEFITS TO OUR HEALTHCARE PARTNERS Better Care Management Ability of individuals to remain in their current living environment for longer periods of time Reduced Admissions to Higher Levels of Care Increased Staff Efficiencies Increased Medication Compliance Higher caseload per clinician Greater Transparency BENEFITS TO OUR HEALTHCARE PARTNERS Better Care Management Ability of individuals to remain in their current living environment for longer periods of time Reduced Admissions to Higher Levels of Care Increased Staff Efficiencies Increased Medication Compliance Higher caseload per clinician Greater Transparency How We Create Value

TIER 1 $89 /month/per user TIER 2 $119 /month/per user (billed monthly) Business Model

Our Team and Investors Gary German President & CEO Dr. Bruce Baumgarten Chief Clinical Officer Jason Oliver Chief Technology Officer

Thank You! Q&A