GENERAL SCENARIO WITHOUT ExpressECG ( 2 to 3 hours)Patient arrives@ FamilyPhysicianPatient waits@ FamilyPhysicianPatient diagnosedFor ECG@ Family PhysicianPatient travels toConsultingPhysicianDoctorPatient waits @ConsultingPhysicianPatient ECG taken @Consulting PhysicianPatient ECG reviewed &Communicated @Consulting Physician withFamily PhysicianPatient travels backto Family PhysicianPatient waits again@ Family Physician
FAST AND ACCURATE ECG WITH ExpressECG (30 minutes)Patient arrives@ FamilyPhysicianPatient waits@ FamilyPhysicianPatient diagnosedfor ECG@ FamilyPhysicianFamily PhysicianSchedulesExpressECGtechnician for ECG@ Family PhysicianExpressECGtechnicianPerforms &Uploads ECG@ Family PhysicianCardiologist orSr. Consulting Physicianreviews & electronicallyreports ECG@ ExpressECGreporting centerExpressECG technicianprints 02 pages ECGreports @ FamilyPhysicianFamily Physician &ExpressECG reportingPhysician discussECG resultswhen needed
ExpressECG – In Business of Saving Human LivesSupply SideOne of the mostefficient BusinessSystems running24 X 7 - 365 days inabout 20 cities ofGujarat with a goal tosave patient lives & tosatisfy medicalfraternityDemand Side
ExpressECG – First in On-Demand ECG Service in the World
ExpressECG – Our Business Growth for Year 201216641958220918232044 20112089 2033 1977 1956242 312530 530 466 534 598800462 4208 0 69161 1590 0 24 0 005001000150020002500#ofECGsMonthNUMBER OF ECGs BY MONTH BY CHANNELGPsNGOsCAMPsLABsCHCs
ExpressECG – Creating Value for SocietyWe save timeWe are ExpressECGMost importantly, we save lifeWe also save money
ExpressECG – Gujarat State Coverage as of December, 2012
Concept – Our Profound Belief It is not customers job to tell us what they want... Don’t let people tell you your ideas won’t work. If you have a hunchthat something will work, go build it. Ignore the haters... Developing revenue model early will help later...
There is no "I" in "TEAMWORK“...ThoughtApproachIdeaChange Dependence, Interdependence, Integration...Team – Our Long Term Shared Destiny Extremely important during valuation assessment...
Customers – Our King, Our Royal Highness The purpose of a business is to create a customer...(Peter Drucker) Customers are key predictive indicators of a company success,investors generally are months behind...
Value Creation – Our Differentiator There is no such thing as commodity... Innovation does not only mean doing different things. It alsomeans doing things differently... Exploit available Resources, Processes and Values...
Cash Flow - Our Financial Prowess The number one job of a CEO is to not run our of money...(operating cash flow) It is going to be delicate dance of Growth v/s Profitability... VC & PE folks prefer to associate with financially savvypromoters...
Thank YouConcept to Cash FlowKartik MehtaFounder, Director & CEO, ExpressECG