remove costly middle layers · investor deck healora 20180827 created date: 8/27/2018 3:47:42 pm
TRANSCRIPT
Remove Costly Middle LayersBetween Doctor & Patient
- DirectPay Platform
1 in 3PUTTING OFF
NEEDED MEDICAL PROCEDURE
- DirectPay Platform
$3.2 trillion
2017Healthcare
Spend
doctor payOnly 4%
- DirectPay Platform
SolutionBinary Connection
Doctor - Patient
HEALORA DIRECTPAYPLATFORM SAVES UP TO 70%
- DirectPay Platform
$16,000 $2,700
Facility (hospital)AnesthesiaDoctor (Med +10%)90-120 days
Facility (surgery center) AnesthesiaDoctor (Med +20%)Time of service
VS
Doctors paid full fees
MED
ADM
IN
Insurance FeesBilling Admin Adjudication Corrections Compliance Collections
Insurance
$ 5,000 (deductible)
Nominal Fee Paid $460- DirectPay Platform
(Actual Case)
Nominal Fee Paid$460
DIRECTPAY NETWORK
- DirectPay Platform
THOMAS FARMERCEO
PARSHANT JAINCTO
• Successfully owned, managed and exitedmultiple businesses
• Financial sales background
• USC, MBA
• 15 years tech consulting withFortune 500 firms
• Co-founded and exitedtelemedicine company
• Founded A.I. application for email and chat bot
• MBA, MD (India)
• Double board certified surgeon
• Yale, clinical staff • MIT, engineering • Harvard,
physics/mathematics • Healthcare startup
- DirectPay Platform
JULIAN HENLEYM.D Co-Founder
LA COUNTY
1.7million
AnnualOutpatient medical procedures
US75 million
CA7.2 million
LA1% = $8mm Fees
- DirectPay Platform
Transactions
1,0005,000
30,000
2018 2019 2020
$460,000
$2,300,000
$13,800,000
Fees
- DirectPay Platform
Funds RequiredPhase II
Expansion - 2 additional regionsStaff members - 2Sales people - 2Partner with surgery centers - 10
$750,000
30%
20%
Phase I
R Develop Plan
R Determine Pain Points
R Register 100 Doctors
R Functional Website
R Test System
20%
30%
$150,000
COMPLETE
- DirectPay Platform
Thomas Farmer: [email protected]
- DirectPay Platform
@Healora
healora.comwww
thomasafarmer
What is Healora?