THE PROBLEM
$50 BILLION
$30k To $40k
HOSPITAL FALLS IN
PATIENTS
700k To 1M
Falls in U.S Hospitals
www.ahrq.org
www.cdc.gov
Spent on medical cost
related to these falls
in 2015
In liability cost faced
by Hospitals (per
person).
www.cdc.gov
THE SOLUTION
Decrease Health Costs
Prevent Lawsuits
Prevent Injury
PRODUCT
DEMONSTRATION
PRODUCT
● Exoskeleton 3D printed with fiberglass
● Bottom surface of foldable leg extensions
made of rubber
● Increased surface area and rubber
material increase friction
● Points of contact contain gel
● 3 sizes: All are adjustable using velcro
MARKET VALIDATION
$50 B $34 B
Spent on medical cost
related to falls 2015
www.cdc.gov
Cost faced by U.S
Hospitals 2015
www.johnshopkinssolutions.com
BUSINESS MODEL
691
$260
Mil.
HOSPITALS Price PER SUIT
$3,000x ( =)-
2020-2025
Cost per Unit
$1,500
MARKET SIZE
161 5,534 $2.7 B
SUITS / HOSPITAL HOSPITALS IN U.S COST PER SUIT
$3,000x x =
MARKET ADOPTION
EVENTS PARTNERS REGIONAL CLIENTS
FINANCIAL PROJECTIONS
$13,364,610
$40,093,830
$66,823,050
$147,010,710
$253,927,590
$-
$50,000,000
$100,000,000
$150,000,000
$200,000,000
$250,000,000
$300,000,000
$350,000,000
1 2 3 4 5
REVENUE(DOLLARS)
YEARS
Financial Projections Over 5-year Span
Low Rev est. Middle Rev High Rev.
AFFORDABLE
ACCESSIBLE
EXPENSIVE
INACCESSIBLE
COMPETITIVE
ADVANTAGE
Cost Effective
First to market
Lightweight
Half a pound lighter
$1000 dollars less
expensive
No other exoskeletons
used in the hospital
space
TIMELINE
IDEATION/
FIRST PITCH
FURTHER DEVELOPMENT/
REFINEMENT
HEALTHCARE
MARKET
LAUNCH
TODAY LATE 2019 2020
MANUFACTURING
HEALTHCARE CONSTRUCTION
FUTURE
LABOR INDUSTRIES
SAFETY - COMFORT - WORK CONDITIONS
Vir
Mittal
Andrew
Garcia
Sankee
Mummareddy
Yohan
Jhaveri
Ishan
Saran
Christopher
Marin
OUR TEAM
Neuroscience
Material Handling
and Supply Chain
Computer Science
Web Development
Computer Science
Web Development
Masters Public
Health (Emory 2018)
Piedmont Healthcare
Quality Improvement
Physics
Computation
Neurobiology
BBA
Financial Modeling
Q & A
Appendix
Appendix A: Reference: Market Size
1) Total Number of All U.S. Registered Hospitals: 5,534
2) Total Staffed Beds in All U.S. Registered Hospitals: 894,574
3) Total Admissions in All U.S. Registered Hospitals: 35,158,934
4) Average Number of patients seen per hospital: 35,158,934/5,534
a) 6353 patients per Hospital/year
5) Average number of beds per hospital: 894,574/5,534 = 161
Appendix B: Cost of unit
Volume of the leg strip: 250cm^3
Volume of foot area: 400cm^3
Total Volume: 650cm^3
Density of FiberGlass: 2.55g/cm^3
Weight:
Cost of material (fiberglass) per unit: $975
Appendix C:
Product
Appendix D: Estimates
Year Low Rev est. Middle Rev High Rev.
1 $ 13,297,787 $ 13,364,610 $ 13,431,433
2 $ 14,767,894 $ 40,093,830 $ 38,690,546
3 $ 25,325,936 $ 66,823,050 $ 54,861,724
4 $ 48,179,419 $ 147,010,710 $ 165,654,341
5 $ 53,391,617 $ 253,927,590 $ 240,629,803

Exos pitch deck - StudyFind Team

Editor's Notes

  • #2 Albin Kott 88 year old man - https://www.syracuse.com/news/index.ssf/2013/01/st_josephs_hospital_faces_laws.html An Auburn woman filed a wrongful death lawsuit this week against St. Joseph's Hospital Health Center in connection with the death of her husband after a fall at the Syracuse medical facility. The lawsuit charges the hospital was not properly monitoring 88-year-old Albin Kott despite his history of falling. It also contends a delay in getting an anesthesiologist to respond to the emergency call after Kott fell resulted in a lack of oxygen to the patient's brain that contributed to his death. According to the lawsuit, Kott was admitted to the hospital June 1, 2011, for treatment of shortness of breath and dizziness associated with his pulmonary hypertension. Kott was at high risk to fall but was not issued the orange bracelet indicative of that at the hospital, the lawsuit charges. Additionally, he was supposed to have nursing assistance to go to the bathroom. The lawsuit contends a licensed practical nurse who helped Kott to the commode at 2:59 a.m. June 3, 2011, momentarily turned away to look out of the room's doorway and that was when Kott fell. The nurse found him unresponsive on the floor in a pool of blood from a facial cut that bled profusely, the lawsuit charges. It had been 16 minutes since his fall and he ended up suffering from a lack of oxygen to the brain, according to the lawsuit. Kott died the afternoon of June 4, 2011, after suffering a seizure. The fall and cutoff of oxygen both contributed to Albin Kott's death, said Michael Bottar, the Syracuse lawyer representing Mary Kott, Albin Kott's widow, in the lawsuit. Bottar said the nurse should not have left Kott unattended even for the brief moment in which she looked away.