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The Data Bridge to Smart, Simple Medical Delivery.
Patent pending on revelationMD technology and process.
Prepared by:
2
revelationMD developed a data bridge that reduces
healthcare costs & improves quality by connecting the
payer, the user & the authorizer for the first time ever
Finally – Change Without Disruption
WHO WE ARE – A Collaboration System
Improve
quality of care
Reduce costs
of delivery
Optimize current
workflows
Patent pending on revelationMD technology and process.
3
Tested “savings” strategies
1980’s | Discounts
1990’s | + Restrictions
2000’s | + Prevention
1980's 1990's 2000's 2010's
GDP (9% rose to 16%)
Per Capita Cost ($1000 rose to $7,500)
Physician Patient Time (19 minutes dropped to 5 minutes)
As costs continued to rise, physician
time spent with patients diminished
Kaiser Family Foundation, Snapshot: Health Care Costs 2011
UNDERSTANDING WHY THIRTY YEARS OF MANAGED
CARE HAS NOT CONTROLLED EXPENSES
Patent pending on revelationMD technology and process.
4
… WE BUILT OUR DATA BRIDGE TO SOLVE THIS
CHALLENGE BEFORE “COLLABORATION” AND
“OUTCOMES” WERE COOL
Patent pending on revelationMD technology and process.
Healthcare
Think Tank
Physician
Collaboration
Project
revelationMD
formed
Proprietary
software
launched
Commercial
market
established for
mpactMD
2013
2009
2008
2007
2003
5
HOW AMERICA MISSED IT
Our country built a reactionary/silo system that prevented the right
hand from knowing what the left hand was doing…
Patent pending on revelationMD technology and process.
• This makes it very difficult to
curb over-utilization
• The unintended consequence
creates:
• Knowledge gap of comparative
cost and quality information
preventing guidance towards high
value
• Disincentives that prevent
physicians from taking the time to
collaborate
• Serious threat to the influence of
networks whose “discounts” are
beginning to be achieved through
other means
6
HOW revelationMD FIXES IT
• No other data solution has built a true
bridge that creates a direct
connection between claim data from
the employer, clinical results from
the physician, and an aligned incentive
that pulls it all together
• The mpactMD data bridge works
because it respects the value each
stakeholder provides
• The waste caused by the lack of
transparency in the silo system can be
eliminated because our non-disruptive
approach assures employers that all
parties will align to the same goals
Patent pending on revelationMD technology and process.
7
Where Waste Hides
$210
billion
$130
billion
$75
billion
$55
billion
$190
billion
$105
billion
Unnecessary Services
Ineffective deliveries
Fraud
Missing prevention
opportunities
Paperwork and unnecessary
administration costs
Over pricing
The Institute of Medicine, Best Care at Lower Cost Report 2012
“
”
WHAT IS AT STAKE?
$750 BILLION
THE INSTITUTE OF MEDICINE
If home building were like
health care, carpenters,
electricians and plumbers
each would work with
different blueprints, with
very little coordination.
Patent pending on revelationMD technology and process.
8
Waste Categories
• Unnecessary Services
• Services Priced Over Market
• Excess Hospital Admits
and/or Length of Stay
• Duplication of Tests
• Complications/Re-admissions
• Referrals Not Tracked – Care
Plans Not Followed
THAT WASTE IS AFFECTING THE COST FOR ALL
EMPLOYERS MORE THAN THEY REALIZE
Patent pending on revelationMD technology and process.
$1000
$6500
$2500
Composite Cost
Administration
Healthcare Value
Waste/Non-Productive
9
Investment
Hospital care
Physician Clinical services
Other professional services
Other health, residential, and personal care
Nursing home care
Home health care
Retail - RX drugs
Retail - other products
Government Administration
Net cost of health insurance
Kaiser Analysis
PHYSICIANS ARE IN A POSITION TO HELP BECAUSE
THEY AUTHORIZE 90% OF ALL CHARGES
Breakdown of physician influence:
Patent pending on revelationMD technology and process.
10
…AS LONG AS THEY ARE EQUIPPED WITH THE
RIGHT TOOLS
A system bridge that shares information with
transparency…
 For comparative cost and performance
information between providers
Collaboration capability…
 So referrals become electronic with follow
through and vital completion feedback
 And complex treatments are coordinated with
shared knowledge
Patient Care Planning...
 That the physician creates. Patient specific yet
population measured
Incentives that align with employer pre-
determined cost and quality outcome goals
 Providing compensation for results
Patent pending on revelationMD technology and process.
11
QUALITY IMPROVES AS WELL
Technology based, physician-centered medical delivery at work
Customization
Real-time
Alignment
Sustainability
Patent pending on revelationMD technology and process.
Quality and savings are sustainable because mpactmd is non-disruptive
to employer plans
Physician incentives are aligned with results for the first time
Quality data measurements are used at time of care authorization
Patient will follow physician-centered Care Plan
12
BY BRIDGING THE EMPLOYER/PHYSICIAN INFO GAP…
The Patient Experience Improves While Employer Claims Drop
Patent pending on revelationMD technology and process.
From
Administrative Data
Base
To mpactMD
Patient/Population
Portal
Continuity of Care Assured
Incentive for PCP to Integrate
Biometric Results Into Care
Plan
mpactMD Real Time Decision
Support (speed, accuracy,
alerts, etc)
Cumulative Cost & Complexity
Measured
Employee Productivity Is
Optimized
No Continuity of Care
Assured
Employee Productivity Not
Optimized
Cumulative Cost &
Complexity Not Measured
System Only Measures
Historical Results
No Incentive for PCP to
Integrate Biometric Results
Into Care Plan
13
MEASURING SAVINGS: 18 LEADING INDICATORS
REDUCING COST, FREQUENCY AND INTENSITY WHILE IMPROVING QUALITY
o Acute Inpatient Admits/1000 patients rate = 44.00 (ex.)
o Large Claim Admits/1000 patients rate = 44.00 (ex.)
o Acute Average Length of Stay = 4.50 days (ex.)
o Large Claim Average Length of Stay = 4.50 days (ex.)
o Acute Inpatient Average Cost per Day = $3,461 (ex.)
o Large Claim Average Cost per Day = $3,461 (ex.)
o Outpatient Surgery Admits/1000 patients = 153.00 (ex.)
o Outpatient Surgery Average Cost/Admit = $2,048 (ex.)
o ER Admits/1000 patients rate = 411.00 (ex.)
o ER Average Cost per Admit = $615 (ex.)
o Outpatient Diagnostics Events/1000 patients = 1,050 (ex.)
o Outpatient Diagnostics Average Cost/Imaging Event = $334 (ex.)
o Average PEPM Cost for Other Ancillary Services = $443.38 (ex.)
o Pharmacy Average Generic Rate = 79% (ex.)
o Pharmacy Average Scripts/1000 patients = 5,060.00 (ex.)
o Pharmacy Average Cost/Brand Script = $59 (ex.)
o Pharmacy Average Cost/Generic Script = $12 (ex.)
o Average PEPM Administrative Cost = $79.00 (ex.)
Patent pending on revelationMD technology and process.

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revelationMD-Employer-Presentation.pdf

  • 1. 1 The Data Bridge to Smart, Simple Medical Delivery. Patent pending on revelationMD technology and process. Prepared by:
  • 2. 2 revelationMD developed a data bridge that reduces healthcare costs & improves quality by connecting the payer, the user & the authorizer for the first time ever Finally – Change Without Disruption WHO WE ARE – A Collaboration System Improve quality of care Reduce costs of delivery Optimize current workflows Patent pending on revelationMD technology and process.
  • 3. 3 Tested “savings” strategies 1980’s | Discounts 1990’s | + Restrictions 2000’s | + Prevention 1980's 1990's 2000's 2010's GDP (9% rose to 16%) Per Capita Cost ($1000 rose to $7,500) Physician Patient Time (19 minutes dropped to 5 minutes) As costs continued to rise, physician time spent with patients diminished Kaiser Family Foundation, Snapshot: Health Care Costs 2011 UNDERSTANDING WHY THIRTY YEARS OF MANAGED CARE HAS NOT CONTROLLED EXPENSES Patent pending on revelationMD technology and process.
  • 4. 4 … WE BUILT OUR DATA BRIDGE TO SOLVE THIS CHALLENGE BEFORE “COLLABORATION” AND “OUTCOMES” WERE COOL Patent pending on revelationMD technology and process. Healthcare Think Tank Physician Collaboration Project revelationMD formed Proprietary software launched Commercial market established for mpactMD 2013 2009 2008 2007 2003
  • 5. 5 HOW AMERICA MISSED IT Our country built a reactionary/silo system that prevented the right hand from knowing what the left hand was doing… Patent pending on revelationMD technology and process. • This makes it very difficult to curb over-utilization • The unintended consequence creates: • Knowledge gap of comparative cost and quality information preventing guidance towards high value • Disincentives that prevent physicians from taking the time to collaborate • Serious threat to the influence of networks whose “discounts” are beginning to be achieved through other means
  • 6. 6 HOW revelationMD FIXES IT • No other data solution has built a true bridge that creates a direct connection between claim data from the employer, clinical results from the physician, and an aligned incentive that pulls it all together • The mpactMD data bridge works because it respects the value each stakeholder provides • The waste caused by the lack of transparency in the silo system can be eliminated because our non-disruptive approach assures employers that all parties will align to the same goals Patent pending on revelationMD technology and process.
  • 7. 7 Where Waste Hides $210 billion $130 billion $75 billion $55 billion $190 billion $105 billion Unnecessary Services Ineffective deliveries Fraud Missing prevention opportunities Paperwork and unnecessary administration costs Over pricing The Institute of Medicine, Best Care at Lower Cost Report 2012 “ ” WHAT IS AT STAKE? $750 BILLION THE INSTITUTE OF MEDICINE If home building were like health care, carpenters, electricians and plumbers each would work with different blueprints, with very little coordination. Patent pending on revelationMD technology and process.
  • 8. 8 Waste Categories • Unnecessary Services • Services Priced Over Market • Excess Hospital Admits and/or Length of Stay • Duplication of Tests • Complications/Re-admissions • Referrals Not Tracked – Care Plans Not Followed THAT WASTE IS AFFECTING THE COST FOR ALL EMPLOYERS MORE THAN THEY REALIZE Patent pending on revelationMD technology and process. $1000 $6500 $2500 Composite Cost Administration Healthcare Value Waste/Non-Productive
  • 9. 9 Investment Hospital care Physician Clinical services Other professional services Other health, residential, and personal care Nursing home care Home health care Retail - RX drugs Retail - other products Government Administration Net cost of health insurance Kaiser Analysis PHYSICIANS ARE IN A POSITION TO HELP BECAUSE THEY AUTHORIZE 90% OF ALL CHARGES Breakdown of physician influence: Patent pending on revelationMD technology and process.
  • 10. 10 …AS LONG AS THEY ARE EQUIPPED WITH THE RIGHT TOOLS A system bridge that shares information with transparency…  For comparative cost and performance information between providers Collaboration capability…  So referrals become electronic with follow through and vital completion feedback  And complex treatments are coordinated with shared knowledge Patient Care Planning...  That the physician creates. Patient specific yet population measured Incentives that align with employer pre- determined cost and quality outcome goals  Providing compensation for results Patent pending on revelationMD technology and process.
  • 11. 11 QUALITY IMPROVES AS WELL Technology based, physician-centered medical delivery at work Customization Real-time Alignment Sustainability Patent pending on revelationMD technology and process. Quality and savings are sustainable because mpactmd is non-disruptive to employer plans Physician incentives are aligned with results for the first time Quality data measurements are used at time of care authorization Patient will follow physician-centered Care Plan
  • 12. 12 BY BRIDGING THE EMPLOYER/PHYSICIAN INFO GAP… The Patient Experience Improves While Employer Claims Drop Patent pending on revelationMD technology and process. From Administrative Data Base To mpactMD Patient/Population Portal Continuity of Care Assured Incentive for PCP to Integrate Biometric Results Into Care Plan mpactMD Real Time Decision Support (speed, accuracy, alerts, etc) Cumulative Cost & Complexity Measured Employee Productivity Is Optimized No Continuity of Care Assured Employee Productivity Not Optimized Cumulative Cost & Complexity Not Measured System Only Measures Historical Results No Incentive for PCP to Integrate Biometric Results Into Care Plan
  • 13. 13 MEASURING SAVINGS: 18 LEADING INDICATORS REDUCING COST, FREQUENCY AND INTENSITY WHILE IMPROVING QUALITY o Acute Inpatient Admits/1000 patients rate = 44.00 (ex.) o Large Claim Admits/1000 patients rate = 44.00 (ex.) o Acute Average Length of Stay = 4.50 days (ex.) o Large Claim Average Length of Stay = 4.50 days (ex.) o Acute Inpatient Average Cost per Day = $3,461 (ex.) o Large Claim Average Cost per Day = $3,461 (ex.) o Outpatient Surgery Admits/1000 patients = 153.00 (ex.) o Outpatient Surgery Average Cost/Admit = $2,048 (ex.) o ER Admits/1000 patients rate = 411.00 (ex.) o ER Average Cost per Admit = $615 (ex.) o Outpatient Diagnostics Events/1000 patients = 1,050 (ex.) o Outpatient Diagnostics Average Cost/Imaging Event = $334 (ex.) o Average PEPM Cost for Other Ancillary Services = $443.38 (ex.) o Pharmacy Average Generic Rate = 79% (ex.) o Pharmacy Average Scripts/1000 patients = 5,060.00 (ex.) o Pharmacy Average Cost/Brand Script = $59 (ex.) o Pharmacy Average Cost/Generic Script = $12 (ex.) o Average PEPM Administrative Cost = $79.00 (ex.) Patent pending on revelationMD technology and process.