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Ankota rock health
- 2. Elevator Pitch • Software (SaaS) to Reduce Care • Proven Leadership Team Costs for elderly • New innovation to enable • Four Products in Production health care reform • 20+ Customers • Poised to Grow 2
- 3. The Team and the Reason Will Hicklen - CEO Dr. Hunter Young – CMO • Wife and Mom passed in • Recognized need for care delivery July 2008. Delivery of in community rather than ER/Bed Care was a mess…. • Physician at Johns Hopkins Startups:think3, iLumin, Inforay • Focused on Chronic Disease • SaaS pioneer at CA Management and Epidemiology • Supply Chain Mgt, Business • Leading Care Coordination Performance Mgt. development Ken Accardi - CTO Marc Ottinger– COO • Former CIO at GE • Former owner – Baltimore Packaging Health Care • Managing Director of Garland, McPherson • Startups: ViryaNet, Tele Atlas Financial Advisory • MBA / MS • Arthur Anderson – Business Process Eng. • MBA 3
- 4. What We All Know • US Senior Population triples 2000 to 2030 • 5% of the population consumes 50% of the dollars • Most of these 5% are elderly with chronic diseases What Ankota Believes The best way to reduce the cost of health care is to focus on the expensive patients and manage their care while keeping them in the comfort of their home 4
- 5. Healthcare Delivery Management Performance Management Plan Coordinate Deliver Operational Efficiency Coordination of Services Measurable ROI Reduces costs Increases utilization, revenue 5
- 6. Live Products: 20+ Customers • TherapEZ: – Software for managing home health therapy (physical, occupational, speech) . SaaS /Tablet • FamilyConnect: – Helps caregivers (home care, nursing homes, assisted living) keep family members connected to mom’s care. SaaS/SMS/Email • HME Delivery: – Makes home medical equipment delivery efficient like FedEx and UPS. SaaS/Smartphone • Non-Medical Home Care: – Manage the operations of home health aide caregivers (roughly 1 million workers in the US). SaaS/Telephony 6
- 7. Sample Customers • Johns Hopkins (MD) • THA Group (GA) • Chesapeake Medical Staffing (MD) • American Homecare (FL) • First Choice (LA) • TLC Home Care (MN) • Family Friends (MA) • Clearview Homecare (MA) • Family Circle (MD) • HomeAides of Rockland (NY) • RehabMaxx (IL) • Kindred (NB, CA) • HouseWorks (MA) • Reliable Health (MD) • MORC (MI) • Veritas (MA) 7
- 8. Quick Show and Tell: Tablet PC App • Patient Info Prepopulated • Converts handwriting to typed text • Includes Signature Capture • Incorporates timesheet into visit note 8
- 9. Show & Tell: HME Delivery Optimization 9
- 10. Show & Tell: FamilyConnect • How’s Mom or Dad Doing • Comes to your email, text and web (you choose) • Also “quick status” like how did mom do at the doctor today • Saves time • Increases Engagement • Differentiator for the agency 10
- 11. New Innovation: Care Coordination Ankota XChange • Reduce Readmissions: XChange for Discharge • Enable ACOs: XChange for ACOs • Case Management: XChange for Geriatric Care Management Ankota’s Expertise in Care Coordination is a Key Differentiator 11
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Editor's Notes
- Outstanding team with deep startup experience & healthcare pedigree
- Headline: Ankota software to manage daily operations, increasing productivity & coordinating dependent servicesPerformance Management Software for Providers Organizes health care into a Delivery Model that can be managed against protocol & performance objectives, with immediate ROICharacteristicsHuge market, growing rapidlyLack of coordination and planningInefficient operationsResultsHigh operating expenses18% readmissions within 30 days, 30% readmitted within 60 days (CMS data)OpportunityImprove operational efficiencies immediately: 25-35% savings in mileage/fuel costs, 10-20% increase in productivity (patient visits)Improve quality of care: Reduce Readmissions by 50%+ with proactive follow up in first 30 days (Hopkins studies, AARP report) Technology & systems not in place to manage transitional care initiativesAudience Home care agencies, Private Duty, DME, RT, Infusion Therapy Transitional Care teams in hospitals
- Sandy Hicklen became ill with a rare cancer in 2005 and ultimately died three years later in July 2008. Hers was a difficult battle that required many surgeries and hospitalizations, chemoradiation treatments, home care services, equipment, drugs and medical supplies, and finally, Hospice.The experience illuminated several issues:1. The people throughout the healthcare system are skilled, committed professionals who care about their patients2. They are burdened by a system that forces people to spend considerable time in unproductive efforts and NOT caring for patientsCare from hospital to home is inconsistent, not proactiveStandards of care for common conditions exist, but are not well utilized or monitoredServices and resources that have to come together in the home are not well planned, scheduled, or utilizedConclusion: We have seen this in other markets. We can solve it in healthcare.Lessons from other markets have taught us that these disparate services and resources can be organized into a delivery model that can be made more efficient immediately, and can be continually measured and improved. Healthcare “best practices” can be captured and applied more consistently.It is not too difficult to do. Businesses such as Boeing and GE have leveraged process and quality models across very complex supply webs. Companies like UPS and FEDEX have brought scheduling and planning to incredible heights. Internet, SaaS, and mobile phone technologies enable these models to be deployed widely and affordably.
- Headline: Paying customers reflect targeting strategy
- Healthcare Delivery Management Helps plan and coordinate the people who perform the services, and the delivery of equipment, medicine and suppliesThese are just some of the areas that HDM helps coordinateImproves operational efficiency Reduces operating costs Increases productivityImproves outcomes & accountability
- Healthcare Delivery Management Helps plan and coordinate the people who perform the services, and the delivery of equipment, medicine and suppliesThese are just some of the areas that HDM helps coordinateImproves operational efficiency Reduces operating costs Increases productivityImproves outcomes & accountability
- Healthcare Delivery Management Helps plan and coordinate the people who perform the services, and the delivery of equipment, medicine and suppliesThese are just some of the areas that HDM helps coordinateImproves operational efficiency Reduces operating costs Increases productivityImproves outcomes & accountability
- Healthcare Delivery Management Helps plan and coordinate the people who perform the services, and the delivery of equipment, medicine and suppliesThese are just some of the areas that HDM helps coordinateImproves operational efficiency Reduces operating costs Increases productivityImproves outcomes & accountability
- Headlines:Goal met in 2010: Paying customers2011: Scale sales model.