December 2017
blockitnow.com
Confidential
Technology can create
unprecedented improvements
in healthcare:
1. Blockchain technology enables
providers/patients to own and securely share
the exchange of value (i.e. information),
opening up a new world in Health innovation
2. For Blockchain to work in healthcare, an
integrated EMR-agnostic platform connecting
provider ecosystems must be established,
which no business model has supported
creating to date.
3. Appointments are central to value exchange
in health care (currency); provider referrals
are the primary mechanism
(marketplace/exchange)
4. Solving the scheduling problem in health care
creates that infrastructure
899 M
Appointments
5 0 %
Are Referrals
5 5 %
Patient Follow
Through
U S A P P O I N T M E N T M A R K E T STATISTICS
The Referral Process = Pain
Patient Health Outcomes
Specialist Revenue
Data Silos
For the healthcare crowd….
Primary Care Quality Metrics
Health System Keep-age
ACO Population Management
….all how they get paid
54%
Result compliance
Patient’s doctor
doesn’t know if
they went
47%
Patient Referral
Follow-through
Patient doesn’t go…
31 days
Time between order
placed and referral
complete
Patient waits for
days...
Not 0
Number of calls/tear
sheets/business cards
needed to schedule
Patient has to make
several phone calls...
PROBLEM…
Started by creating
Opentable for referral
scheduling.
100%
Result report
compliance
Baseline: 54%
90.1%
Patient Follow-through
Baseline: 47%
3.8 days
Time between
order placed and
referral complete
Baseline: 31 days
0
Number of
calls/tear
sheets/business
cards needed to
schedule
Baseline: Not 0
WOULD THAT IMPROVE HEALTHCARE?
blockit MVP results….
Who Is Solving This Problem?
Referral Platforms- Healthcare organizations have adopted
a number of referral platforms to direct, track and report
on referrals (We know of 50)
Legacy Systems- Paper Tear-sheets, Fax, Email and 6-Way
Phone Calls are standard process. Integration until now has
been costly and slow
=
Missed Opportunities/Missing Patients - Current solutions
improve process “after” (read “if”) the patient arrives and don’t
address the reality that many patients just don’t show up or lose
interest in their care plan.
No Integration/No Scheduling =
Negative Value Proposition
SECRET SAUCE – Integration/Data
Below is a comparative look into what makes the future of the Blockit platform so unique.
EMR
API
HL7
Integration
Engine
APIAPI
EMR EMR
o It works…kind of…in a
bespoke, one-off manner
o Requires 3rd party
permissions
o Multi-party dependencies
(Customer, platform, EMR,
Integration Partner)
o 1-6 months to implement
o $3k-$25k+ cost to implement
o So…only invested in for mega
systems…not feasible for
provider offices o It works without 3rd party dependencies
o Does NOT require 3rd party permissions
o Simple 2 party engagement (Customer, Blockit)
o Repeatable…platform-esque…automatable
o 1-2 days to implement
o Accessible for everyone
EMR EMR EMR
Blockit Platform
UITraditional blockit
• Leverage existing referral
platform’s current customer
base imbedding blockit’s
functionality
• blockit Team focuses on
Product Development,
Integration,
establishment of
blockchain network
• Charge $1 Per Appt (<1% of
transaction value)
• Charge low fixed fee Per
Month for Integration
• Rev Share to Referral
Platform
Entry Point…
Use solving
patient
appointment
scheduling to
establish the
blockchain
infrastructure
ENTRY POINT STRATEGY
Close out our beta/MVP phase by Q1 2018
Release Partner-enabled Version 1.0 Q2 2018
Fully implement scheduling for 15% of our
first referral platform’s customer base by the
end of 2019 for a total of 10,000 providers
2019 – add partners 2 and 3 off Series A raise
Referral platforms add scheduling to their basic document
and communications capability driving Blockit adoption in
their ecosystems
1st partner gets us to 10k providers quickly, 18% of their
current customer base
P H A S E 2
ACO Distribution
P H A S E 1
Entry
“Appointment”
P H A S E 3
Open platform
“Democracy arrives”
P H A S E 2
Expand
“ Pat i e n t E x p e r i e n c e ”
Expand partner network beyond referral platforms
Expand public-facing API beyond appointments and securely
capture all patient data on the blockit blockchain
Enable charitable care organizations to schedule indigent
patients into existing capacity within providers offices,
merging and optimizing the care infrastructure for paying
(insured) and indigent (non-insured)
Pilot blockchain masternodes, distributed ownership &
proof of stake revenue model
P H A S E 1
Entry
“Appointment”
P H A S E 3
Open platform
“Democracy arrives”
P H A S E 2
Expand
“ Pat i e nt E x p e r i e n c e ”
Open marketplace for health platforms to launch new
capabilities off the blockchain
Full democratization of data: Patient and providers own and
can use their data with no lock-in to their EMR software
Expand blockchain to include an exchange, allowing
providers to monetize investment
P H A S E 1
Entry
“Appointment”
P H A S E 3
Open platform
“Democracy arrives”
P H A S E 2
Expand
“ Pat i e n t E x p e r i e n c e ”
Long Term Vision
Integrated provider
ecosystem powered
by open-API driven
Infrastructure built
on blockchain
Use market leading
distribution partners to
rapidly enter high density
markets
True Longitudinal
Patient Record &
Care
Market to Rapidly
deploy health
innovation
Phase 3
New feature expansion into a $3
Trillion market.
Marketplace – enable launch of
technologies over the
blockchain…>$100B spent on
Health Technology and growing
Exchange – secondary exchange
for the blockchain
ownership/revenue model
899 M
Appointments
X
$1 Fee
Phase 1 & 2
1.2 M
Providers
X
$25*/month
$1.3B Base
Opportunity
@ 40% OpInc
* a v e r a g e p e r p r o v i d e r f e e
Leadership TEAM
Jon
Operations & Sales
Background in design,
project management
and scaling operations.
Serial entrepreneur
Jake
Sales & Product
Background in HIT,
M&A, business process
re-engineering and
growing tech related
businesses.
Steve
Product & Engineering
Chief Architect at
BigCommerce and co-
founder/CTO of TwitPic –
acquired by Twitter, 50m+
daily users
VISION
OpenTable-like platform allowing
real-time collaborative scheduling
between providers, patients and
referral targets.
Interoperability across ambulatory
environments leveraging Blockit
integration endpoints.
Democratize patient data and
create an open platform for
innovation using blockchain
technology.
THANK YOU!

Blockit Seed Round Pitch Deck

  • 1.
  • 2.
    Technology can create unprecedentedimprovements in healthcare: 1. Blockchain technology enables providers/patients to own and securely share the exchange of value (i.e. information), opening up a new world in Health innovation 2. For Blockchain to work in healthcare, an integrated EMR-agnostic platform connecting provider ecosystems must be established, which no business model has supported creating to date. 3. Appointments are central to value exchange in health care (currency); provider referrals are the primary mechanism (marketplace/exchange) 4. Solving the scheduling problem in health care creates that infrastructure
  • 3.
    899 M Appointments 5 0% Are Referrals 5 5 % Patient Follow Through U S A P P O I N T M E N T M A R K E T STATISTICS
  • 4.
    The Referral Process= Pain Patient Health Outcomes Specialist Revenue Data Silos For the healthcare crowd…. Primary Care Quality Metrics Health System Keep-age ACO Population Management ….all how they get paid
  • 5.
    54% Result compliance Patient’s doctor doesn’tknow if they went 47% Patient Referral Follow-through Patient doesn’t go… 31 days Time between order placed and referral complete Patient waits for days... Not 0 Number of calls/tear sheets/business cards needed to schedule Patient has to make several phone calls... PROBLEM…
  • 6.
    Started by creating Opentablefor referral scheduling.
  • 7.
    100% Result report compliance Baseline: 54% 90.1% PatientFollow-through Baseline: 47% 3.8 days Time between order placed and referral complete Baseline: 31 days 0 Number of calls/tear sheets/business cards needed to schedule Baseline: Not 0 WOULD THAT IMPROVE HEALTHCARE? blockit MVP results….
  • 8.
    Who Is SolvingThis Problem? Referral Platforms- Healthcare organizations have adopted a number of referral platforms to direct, track and report on referrals (We know of 50) Legacy Systems- Paper Tear-sheets, Fax, Email and 6-Way Phone Calls are standard process. Integration until now has been costly and slow = Missed Opportunities/Missing Patients - Current solutions improve process “after” (read “if”) the patient arrives and don’t address the reality that many patients just don’t show up or lose interest in their care plan.
  • 9.
    No Integration/No Scheduling= Negative Value Proposition
  • 10.
    SECRET SAUCE –Integration/Data Below is a comparative look into what makes the future of the Blockit platform so unique. EMR API HL7 Integration Engine APIAPI EMR EMR o It works…kind of…in a bespoke, one-off manner o Requires 3rd party permissions o Multi-party dependencies (Customer, platform, EMR, Integration Partner) o 1-6 months to implement o $3k-$25k+ cost to implement o So…only invested in for mega systems…not feasible for provider offices o It works without 3rd party dependencies o Does NOT require 3rd party permissions o Simple 2 party engagement (Customer, Blockit) o Repeatable…platform-esque…automatable o 1-2 days to implement o Accessible for everyone EMR EMR EMR Blockit Platform UITraditional blockit
  • 11.
    • Leverage existingreferral platform’s current customer base imbedding blockit’s functionality • blockit Team focuses on Product Development, Integration, establishment of blockchain network • Charge $1 Per Appt (<1% of transaction value) • Charge low fixed fee Per Month for Integration • Rev Share to Referral Platform Entry Point… Use solving patient appointment scheduling to establish the blockchain infrastructure
  • 12.
    ENTRY POINT STRATEGY Closeout our beta/MVP phase by Q1 2018 Release Partner-enabled Version 1.0 Q2 2018 Fully implement scheduling for 15% of our first referral platform’s customer base by the end of 2019 for a total of 10,000 providers 2019 – add partners 2 and 3 off Series A raise
  • 13.
    Referral platforms addscheduling to their basic document and communications capability driving Blockit adoption in their ecosystems 1st partner gets us to 10k providers quickly, 18% of their current customer base P H A S E 2 ACO Distribution P H A S E 1 Entry “Appointment” P H A S E 3 Open platform “Democracy arrives” P H A S E 2 Expand “ Pat i e n t E x p e r i e n c e ”
  • 14.
    Expand partner networkbeyond referral platforms Expand public-facing API beyond appointments and securely capture all patient data on the blockit blockchain Enable charitable care organizations to schedule indigent patients into existing capacity within providers offices, merging and optimizing the care infrastructure for paying (insured) and indigent (non-insured) Pilot blockchain masternodes, distributed ownership & proof of stake revenue model P H A S E 1 Entry “Appointment” P H A S E 3 Open platform “Democracy arrives” P H A S E 2 Expand “ Pat i e nt E x p e r i e n c e ”
  • 15.
    Open marketplace forhealth platforms to launch new capabilities off the blockchain Full democratization of data: Patient and providers own and can use their data with no lock-in to their EMR software Expand blockchain to include an exchange, allowing providers to monetize investment P H A S E 1 Entry “Appointment” P H A S E 3 Open platform “Democracy arrives” P H A S E 2 Expand “ Pat i e n t E x p e r i e n c e ”
  • 16.
    Long Term Vision Integratedprovider ecosystem powered by open-API driven Infrastructure built on blockchain Use market leading distribution partners to rapidly enter high density markets True Longitudinal Patient Record & Care Market to Rapidly deploy health innovation
  • 17.
    Phase 3 New featureexpansion into a $3 Trillion market. Marketplace – enable launch of technologies over the blockchain…>$100B spent on Health Technology and growing Exchange – secondary exchange for the blockchain ownership/revenue model 899 M Appointments X $1 Fee Phase 1 & 2 1.2 M Providers X $25*/month $1.3B Base Opportunity @ 40% OpInc * a v e r a g e p e r p r o v i d e r f e e
  • 18.
    Leadership TEAM Jon Operations &Sales Background in design, project management and scaling operations. Serial entrepreneur Jake Sales & Product Background in HIT, M&A, business process re-engineering and growing tech related businesses. Steve Product & Engineering Chief Architect at BigCommerce and co- founder/CTO of TwitPic – acquired by Twitter, 50m+ daily users
  • 19.
    VISION OpenTable-like platform allowing real-timecollaborative scheduling between providers, patients and referral targets. Interoperability across ambulatory environments leveraging Blockit integration endpoints. Democratize patient data and create an open platform for innovation using blockchain technology.
  • 20.