The American Medical Association estimates that if all health insurers were able to eliminate all claim payment errors, the health care system would save $17 billion per year.
Obii is a mobile, cloud-based and “provider-first” Computer Assisted Coding platform for the medical industry.
Obii increases the accuracy and consistency of the medical transcription and coding process by applying artificial intelligence and a streamlined interview-style user experience on demand.
Obii is designed to integrate easily with existing EHR software and legacy billing processes, resulting in increased revenue and efficiency.
We generate revenue by charging the medical provider a monthly subscription fee, and through deployment consulting fees.
The word "hospital" comes from the Latin "hospes" which refers to either a visitor or the host who receives the visitor. From "hospes" came the Latin "hospitalia", an apartment for strangers or guests, and the Medieval Latin "hospitale" and the Old French "hospital." It crossed the Channel in the 14th century and in England began a shift in the 15th century to mean a home for the elderly or infirm or a home for the down-and-out.i
Hospital is an institution or the organization for the treatment, care, and cures of the sick and
wounded, for the study of disease, and for the training of physicians (teaching hospitals), nurses,
and allied health care personnel.ii
Robotic Process Automation in Healthcare-An Urgency! By.Dr.Mahboob KhanHealthcare consultant
More and more industries are adopting RPA because RPA exceeds adopters’ expectations not only when it comes to the rapid rate of ROI(Return on Investment) increase, but also when it comes to facilitating compliance (92%), improved quality and accuracy (90%), or improved productivity (86%).
As per a study conducted by McKinsey, the healthcare sector had a 36% technical potential for automation. It also stated robotic process automation as one of the emerging technologies that will reshape healthcare and create between $350 billion and $410 billion in annual value by 2025.
Importance Of RPA in Healthcare IndustryBugRaptors
RPA is a software technology or use of software bots to automate highly repetitive tasks, typically done by experienced workers. RPA gives a real opportunity to the healthcare companies for their systems. The systems that are in the healthcare domain can directly benefit from RPA and ensure the high efficiency of data management. Check out the PDF to know importance of RPA in Healthcare.
Healthcare service providers need to evolve, quickly!Dheeraj Mirpuri
The Healthcare sector, no doubt, is growing at a very rapid pace. With a number of new entrants in the market (especially in Tier II and Tier III cities), the smaller players need to evolve fast, if they wish to sustain and grow.
This slide share is an attempt to draw the attention of players in the Healthcare sector and to invoke their thoughts on the foundation blocks that they need to put in place, quickly.
Viewers’ inputs would be much appreciated. For details on how we can help you in your business journey, please do reach out to us.
Current state of outsourcing relationships the watermelon effectHexaware Technologies
At Hexaware, we ensure to use the best of our talent pool (we call it cross-skilling) and cutting-edge digital technologies to deliver the best business value to customers and thereby curbing ‘The Watermelon Effect’.
The word "hospital" comes from the Latin "hospes" which refers to either a visitor or the host who receives the visitor. From "hospes" came the Latin "hospitalia", an apartment for strangers or guests, and the Medieval Latin "hospitale" and the Old French "hospital." It crossed the Channel in the 14th century and in England began a shift in the 15th century to mean a home for the elderly or infirm or a home for the down-and-out.i
Hospital is an institution or the organization for the treatment, care, and cures of the sick and
wounded, for the study of disease, and for the training of physicians (teaching hospitals), nurses,
and allied health care personnel.ii
Robotic Process Automation in Healthcare-An Urgency! By.Dr.Mahboob KhanHealthcare consultant
More and more industries are adopting RPA because RPA exceeds adopters’ expectations not only when it comes to the rapid rate of ROI(Return on Investment) increase, but also when it comes to facilitating compliance (92%), improved quality and accuracy (90%), or improved productivity (86%).
As per a study conducted by McKinsey, the healthcare sector had a 36% technical potential for automation. It also stated robotic process automation as one of the emerging technologies that will reshape healthcare and create between $350 billion and $410 billion in annual value by 2025.
Importance Of RPA in Healthcare IndustryBugRaptors
RPA is a software technology or use of software bots to automate highly repetitive tasks, typically done by experienced workers. RPA gives a real opportunity to the healthcare companies for their systems. The systems that are in the healthcare domain can directly benefit from RPA and ensure the high efficiency of data management. Check out the PDF to know importance of RPA in Healthcare.
Healthcare service providers need to evolve, quickly!Dheeraj Mirpuri
The Healthcare sector, no doubt, is growing at a very rapid pace. With a number of new entrants in the market (especially in Tier II and Tier III cities), the smaller players need to evolve fast, if they wish to sustain and grow.
This slide share is an attempt to draw the attention of players in the Healthcare sector and to invoke their thoughts on the foundation blocks that they need to put in place, quickly.
Viewers’ inputs would be much appreciated. For details on how we can help you in your business journey, please do reach out to us.
Current state of outsourcing relationships the watermelon effectHexaware Technologies
At Hexaware, we ensure to use the best of our talent pool (we call it cross-skilling) and cutting-edge digital technologies to deliver the best business value to customers and thereby curbing ‘The Watermelon Effect’.
Five Years Later: An Updated Look at Health Care Reform and Small Business (M...Manta
Health care reform is complex and nearly impossible for busy small business owners to keep up with. Attend the webinar, Five Years Later: An Updated Look at Health Care Reform and Small Business,” with guest experts Jeffery Ingalls and Laura Roane. Ingalls is author and president of the Stratford Financial Group and Stratford Employer Services, and Roane is and independent insurance broker.
During the webinar, they provide insight about health insurance literacy matters and the effects of “Obamacare” on your small business.
Artificial intelligence (AI) truly is a disruptive force across all industries. One such industry that has been transformed by AI technologies is healthcare. So, in this post, we discuss the many roles of AI in today’s healthcare industry.
Visit: https://www.ezdi.com/blog/the-role-of-ai-in-healthcare/
Managing Risk in a digital world: successfully enabling the quest for new rev...accenture
For the 4th consecutive year Accenture was a co-sponsor at the 21st Annual RiskMinds International conference in December 2014. Steve Culp, senior managing director, Accenture Finance& Risk Services, presented to more than 500 Chief Risk Officers in the plenary session on Managing Risk in a digital world: successfully enabling the quest for new revenue.
2015 Healthcare IT Vision: Top 5 eHealth Trendsaccenture
Read about the five key Health IT trends and innovations shaping the business landscape in 2015 and beyond according to Accenture’s Healthcare Technology Vision 2015.
5 Reasons Why Coding and Documentation Audits are More Important than EverezDI
Auditing is an integral aspect of governance and quality management for organizations across industries. From a hospital in New York benefitting by $1.03 million, to recovering $214 million from medical insurance schemes, here are 5 reasons why auditing is important in healthcare today.
Visit Our Website:- https://www.ezdi.com/
Build smart hospitals with ai healthcare assistants optimize efficiency &...Enterprise Bot
With constantly changing patient expectations, healthcare facilities need to be proactive in adopting next-gen technologies like AI healthcare assistants to ensure delivery of a fully engaged patient-focused experience.
Computer assisted cdi your secret weapon to revenue generationezDI
The clinical documentation improvement (CDI) market is set to reach USD 4.5 billion by 2023, at a compound annual growth rate (CAGR) of 7.9%. And for good reason. With 23 states embracing a value-based care model to improve their healthcare systems, the spotlight is firmly on clinical documentation.
Recent advancements in AI will affect all levels of management, from the C-suite to the front line. AI not only presents unprecedented opportunities for value creation, but also daunting challenges for executives and managers.
AI challenges managers to reconsider their roles and redefine operating principles. It will increase collaboration between humans and machines. And it will require managers to adapt their training, performance and talent acquisition strategies.
Introducing Buddy: Your emotional assistantIsmaël Méité
At Buddy Care Intelligence, we are on mission to bridge the mental healthcare gap. We combine the ever-growing power of artificial intelligence with the best medical expertise of humans to build Buddy: A virtual emotional assistant that aims to provide quality, personalized and on-demand mental health support to people suffering from depression, anxiety or stress.
The Extreme Future of Health Care 2014James Canton
Radical trends in health care and medicine will change business and society. This presentation fresh from Dr. James Canton's New Keynote Presentation and from his upcoming new book looks at the trends in biotech, synthetic biology, digital health, genomics, wellness and regenerative medicine that will shape the near future of our world and health. Find out what's next and how to prepare today. For more info see http://globalfuturist.com
Five Years Later: An Updated Look at Health Care Reform and Small Business (M...Manta
Health care reform is complex and nearly impossible for busy small business owners to keep up with. Attend the webinar, Five Years Later: An Updated Look at Health Care Reform and Small Business,” with guest experts Jeffery Ingalls and Laura Roane. Ingalls is author and president of the Stratford Financial Group and Stratford Employer Services, and Roane is and independent insurance broker.
During the webinar, they provide insight about health insurance literacy matters and the effects of “Obamacare” on your small business.
Artificial intelligence (AI) truly is a disruptive force across all industries. One such industry that has been transformed by AI technologies is healthcare. So, in this post, we discuss the many roles of AI in today’s healthcare industry.
Visit: https://www.ezdi.com/blog/the-role-of-ai-in-healthcare/
Managing Risk in a digital world: successfully enabling the quest for new rev...accenture
For the 4th consecutive year Accenture was a co-sponsor at the 21st Annual RiskMinds International conference in December 2014. Steve Culp, senior managing director, Accenture Finance& Risk Services, presented to more than 500 Chief Risk Officers in the plenary session on Managing Risk in a digital world: successfully enabling the quest for new revenue.
2015 Healthcare IT Vision: Top 5 eHealth Trendsaccenture
Read about the five key Health IT trends and innovations shaping the business landscape in 2015 and beyond according to Accenture’s Healthcare Technology Vision 2015.
5 Reasons Why Coding and Documentation Audits are More Important than EverezDI
Auditing is an integral aspect of governance and quality management for organizations across industries. From a hospital in New York benefitting by $1.03 million, to recovering $214 million from medical insurance schemes, here are 5 reasons why auditing is important in healthcare today.
Visit Our Website:- https://www.ezdi.com/
Build smart hospitals with ai healthcare assistants optimize efficiency &...Enterprise Bot
With constantly changing patient expectations, healthcare facilities need to be proactive in adopting next-gen technologies like AI healthcare assistants to ensure delivery of a fully engaged patient-focused experience.
Computer assisted cdi your secret weapon to revenue generationezDI
The clinical documentation improvement (CDI) market is set to reach USD 4.5 billion by 2023, at a compound annual growth rate (CAGR) of 7.9%. And for good reason. With 23 states embracing a value-based care model to improve their healthcare systems, the spotlight is firmly on clinical documentation.
Recent advancements in AI will affect all levels of management, from the C-suite to the front line. AI not only presents unprecedented opportunities for value creation, but also daunting challenges for executives and managers.
AI challenges managers to reconsider their roles and redefine operating principles. It will increase collaboration between humans and machines. And it will require managers to adapt their training, performance and talent acquisition strategies.
Introducing Buddy: Your emotional assistantIsmaël Méité
At Buddy Care Intelligence, we are on mission to bridge the mental healthcare gap. We combine the ever-growing power of artificial intelligence with the best medical expertise of humans to build Buddy: A virtual emotional assistant that aims to provide quality, personalized and on-demand mental health support to people suffering from depression, anxiety or stress.
The Extreme Future of Health Care 2014James Canton
Radical trends in health care and medicine will change business and society. This presentation fresh from Dr. James Canton's New Keynote Presentation and from his upcoming new book looks at the trends in biotech, synthetic biology, digital health, genomics, wellness and regenerative medicine that will shape the near future of our world and health. Find out what's next and how to prepare today. For more info see http://globalfuturist.com
The Ultimate Guide to E-Commerce Statistics in Southeast Asia & MalaysiaCK Wong
Why major e-commerce players like Rakuten, Qoo10, Groupon, LivingSocial, Rocket Internet, eBay, Naspers are venturing into Southeast Asia region? Visit ecommercemilo.com for more e-commerce insights in Malaysia and Southeast Asia.
Tracxn Research — Artificial Intelligence Startup Landscape, September 2016Tracxn
Notable investments in 2016 include antivirus and endpoint protection vendor Cylance ($100M Series D), Digital Reasoning ($40M, Series D), and Globality, ($27M, Series B).
An introductory overview of healthcare across South East Asia and a look at the growing healthcare trends across the region.
Download the presentation by clicking the "Save this presentation" icon above.
This Presentation will give you an overview about Artificial Intelligence : definition, advantages , disadvantages , benefits , applications .
We hope it to be useful .
All the stats, data, and trends you need to understand the state of the internet, social media, and mobile in Southeast Asia in 2017. This report is part of a suite of reports brought to you by We Are Social and Hootsuite - read all the other reports for free at http://www.slideshare.net/wearesocialsg/presentations
Operating in today’s competitive environment proactive measures must be taken to protect and improve the relationship and engagement with critical resources.
InfoQuest®, BSI’s proprietary “Voice Of” tool, provides candid responses regarding all aspects of your business relations. As important, the BSI/InfoQuest® program provides access to vital information that can alert you to financial and/or operational risks.
Find out how Voice-Of and Survey Services from BSI can help you maximize results through customer centric value-chain improvement.
Capable individual with broad healthcare experience in clinical informatics for acute and ambulatory settings. Work with clinical staff and professionals.
How to Leverage Increased Data Granularity in the ICD-10 Code SetPerficient, Inc.
A webinar designed for healthcare professionals. We explore how to leverage the increased data granularity in the ICD-10 code set. While there are risks, a properly executed ICD-10 implementation will deliver plentiful rewards.
Change Your Mindset: The Key to Growing Your Accounting PracticeAggregage
In the accounting profession, the post-COVID business model is surely on everyone's minds. Unmistakably, the way to forge ahead will look different than in years past. The biggest mistake that a majority of companies are making in regard to growth is holding onto old conventions, paradigms, and practices.
Whether re-integrating back to in-office life or staying digitally connected through remote work, the first step in determining how to spur growth comes with reevaluating your company's willingness to change mindset.
Join David Bergstein, Chief Innovation Officer at Bergstein CPA, as he shares insight on the accounting landscape, new trends, and practical tips for reevaluating your company's positionality.
This session will cover:
• What it means to challenge tradition and change your company mindset
• How to make sure you are set up to be as productive and efficient as possible
• Best practices for choosing the tools you will utilize
• Methods to measure and track your success so you can watch yourself improve!
...and more! Everyone who attends will walk away with the knowledge of what to do to be successful in the "New Normal."
These slides use concepts from my (Jeff Funk) course entitled Biz Models for Hi-Tech Products to analyze the business model for ConnexionAsia’s health insurance product. This product provides a one-step health service for employers that enables employees to choose from multiple providers and make tradeoffs between different types of insurance coverage and wellness programs. Employees can use their health care benefits for wellness programs (e.g., fitness) and other preventative health care in addition to the traditional health care insurance. By enabling employees to be more proactive in their health care, ConnexionAsia’s health insurance product can provide employers with healthier employees, reduced sick leave, and lower health care costs in the long run. It makes money through its wellness products, consultation services, and the sale of data.
2468 process innovation & enterprise architecture -(foundation for operation...Ravi Sarkar
Speaker: IBM Interconnect 2016
Process Innovation and Enterprise Architecture as foundation for operational excellence
Abstract: With ever increasing drive to make healthcare more affordable, personalized and accessible, Healthcare Insurance industry has to discover true opportunities for innovation, automation and improvement. Transitioning away from a complex-costly traditional environment to a modernized-digitized operation needs informed decision making. The talk will focus on how Process Innovation, Enterprise Architecture methods and value-driven planning are used to lay out the foundation for innovation and strategic decision making in this high impact transformative journey to create alignment b/w strategy and execution. The talk will also focus on the powerful ways IBM Blueworks Live is leveraged to gauge business operations for strategic road mapping
P2P in 2020 - The Push for Supplier Self-ServiceTradeshift
We are pleased to bring you the first installment of the P2P in 2020 series with Paystream Advisors. This presentation will discuss how organization can and should be positioning themselves for the future especially when it comes to connecting and collaborating with suppliers. The last decade has brought forward a few indisputable mega-trends (cloud, mobile, social, big data, etc) that will have a profound impact on the way businesses transact, connect and collaborate.
Hot to Get Telesales Right | AgentCubedJeff Morgan
As an insurance agency, how well are you managing your CRM and lead nurture assets? Are you implementing marketing and sales strategies for maximum conversion? What are the pros and cons of buying versus building your telesales capabilities? How can partnering with a new model help revitalize your telesales experience and drive new business?
Telesales is an increasingly important component for sales growth, distribution diversification, and profitability. The following SlideShare discusses risks, costs, and other considerations associated with telesales strategies. This information will help you select the most viable telesales distribution channel for your business.
This presentation was given at the 9th National Medicare Supplement Insurance Industry Summit by the following subject matter experts:
- John Sowell, Vice President of Medicare Strategic Distribution at Aetna, Inc.
- Ali Hall, Vice President of Sales at AgentCubed
- Christopher Mele, Contact Center Solutions Leader at Aon Hewitt Retiree Solutions
- Ben Henderson, President at Clearlink
Pulmonary Thromboembolism - etilogy, types, medical- Surgical and nursing man...VarunMahajani
Disruption of blood supply to lung alveoli due to blockage of one or more pulmonary blood vessels is called as Pulmonary thromboembolism. In this presentation we will discuss its causes, types and its management in depth.
TEST BANK for Operations Management, 14th Edition by William J. Stevenson, Ve...kevinkariuki227
TEST BANK for Operations Management, 14th Edition by William J. Stevenson, Verified Chapters 1 - 19, Complete Newest Version.pdf
TEST BANK for Operations Management, 14th Edition by William J. Stevenson, Verified Chapters 1 - 19, Complete Newest Version.pdf
Knee anatomy and clinical tests 2024.pdfvimalpl1234
This includes all relevant anatomy and clinical tests compiled from standard textbooks, Campbell,netter etc..It is comprehensive and best suited for orthopaedicians and orthopaedic residents.
micro teaching on communication m.sc nursing.pdfAnurag Sharma
Microteaching is a unique model of practice teaching. It is a viable instrument for the. desired change in the teaching behavior or the behavior potential which, in specified types of real. classroom situations, tends to facilitate the achievement of specified types of objectives.
These simplified slides by Dr. Sidra Arshad present an overview of the non-respiratory functions of the respiratory tract.
Learning objectives:
1. Enlist the non-respiratory functions of the respiratory tract
2. Briefly explain how these functions are carried out
3. Discuss the significance of dead space
4. Differentiate between minute ventilation and alveolar ventilation
5. Describe the cough and sneeze reflexes
Study Resources:
1. Chapter 39, Guyton and Hall Textbook of Medical Physiology, 14th edition
2. Chapter 34, Ganong’s Review of Medical Physiology, 26th edition
3. Chapter 17, Human Physiology by Lauralee Sherwood, 9th edition
4. Non-respiratory functions of the lungs https://academic.oup.com/bjaed/article/13/3/98/278874
Flu Vaccine Alert in Bangalore Karnatakaaddon Scans
As flu season approaches, health officials in Bangalore, Karnataka, are urging residents to get their flu vaccinations. The seasonal flu, while common, can lead to severe health complications, particularly for vulnerable populations such as young children, the elderly, and those with underlying health conditions.
Dr. Vidisha Kumari, a leading epidemiologist in Bangalore, emphasizes the importance of getting vaccinated. "The flu vaccine is our best defense against the influenza virus. It not only protects individuals but also helps prevent the spread of the virus in our communities," he says.
This year, the flu season is expected to coincide with a potential increase in other respiratory illnesses. The Karnataka Health Department has launched an awareness campaign highlighting the significance of flu vaccinations. They have set up multiple vaccination centers across Bangalore, making it convenient for residents to receive their shots.
To encourage widespread vaccination, the government is also collaborating with local schools, workplaces, and community centers to facilitate vaccination drives. Special attention is being given to ensuring that the vaccine is accessible to all, including marginalized communities who may have limited access to healthcare.
Residents are reminded that the flu vaccine is safe and effective. Common side effects are mild and may include soreness at the injection site, mild fever, or muscle aches. These side effects are generally short-lived and far less severe than the flu itself.
Healthcare providers are also stressing the importance of continuing COVID-19 precautions. Wearing masks, practicing good hand hygiene, and maintaining social distancing are still crucial, especially in crowded places.
Protect yourself and your loved ones by getting vaccinated. Together, we can help keep Bangalore healthy and safe this flu season. For more information on vaccination centers and schedules, residents can visit the Karnataka Health Department’s official website or follow their social media pages.
Stay informed, stay safe, and get your flu shot today!
- Video recording of this lecture in English language: https://youtu.be/lK81BzxMqdo
- Video recording of this lecture in Arabic language: https://youtu.be/Ve4P0COk9OI
- Link to download the book free: https://nephrotube.blogspot.com/p/nephrotube-nephrology-books.html
- Link to NephroTube website: www.NephroTube.com
- Link to NephroTube social media accounts: https://nephrotube.blogspot.com/p/join-nephrotube-on-social-media.html
The prostate is an exocrine gland of the male mammalian reproductive system
It is a walnut-sized gland that forms part of the male reproductive system and is located in front of the rectum and just below the urinary bladder
Function is to store and secrete a clear, slightly alkaline fluid that constitutes 10-30% of the volume of the seminal fluid that along with the spermatozoa, constitutes semen
A healthy human prostate measures (4cm-vertical, by 3cm-horizontal, 2cm ant-post ).
It surrounds the urethra just below the urinary bladder. It has anterior, median, posterior and two lateral lobes
It’s work is regulated by androgens which are responsible for male sex characteristics
Generalised disease of the prostate due to hormonal derangement which leads to non malignant enlargement of the gland (increase in the number of epithelial cells and stromal tissue)to cause compression of the urethra leading to symptoms (LUTS
Title: Sense of Smell
Presenter: Dr. Faiza, Assistant Professor of Physiology
Qualifications:
MBBS (Best Graduate, AIMC Lahore)
FCPS Physiology
ICMT, CHPE, DHPE (STMU)
MPH (GC University, Faisalabad)
MBA (Virtual University of Pakistan)
Learning Objectives:
Describe the primary categories of smells and the concept of odor blindness.
Explain the structure and location of the olfactory membrane and mucosa, including the types and roles of cells involved in olfaction.
Describe the pathway and mechanisms of olfactory signal transmission from the olfactory receptors to the brain.
Illustrate the biochemical cascade triggered by odorant binding to olfactory receptors, including the role of G-proteins and second messengers in generating an action potential.
Identify different types of olfactory disorders such as anosmia, hyposmia, hyperosmia, and dysosmia, including their potential causes.
Key Topics:
Olfactory Genes:
3% of the human genome accounts for olfactory genes.
400 genes for odorant receptors.
Olfactory Membrane:
Located in the superior part of the nasal cavity.
Medially: Folds downward along the superior septum.
Laterally: Folds over the superior turbinate and upper surface of the middle turbinate.
Total surface area: 5-10 square centimeters.
Olfactory Mucosa:
Olfactory Cells: Bipolar nerve cells derived from the CNS (100 million), with 4-25 olfactory cilia per cell.
Sustentacular Cells: Produce mucus and maintain ionic and molecular environment.
Basal Cells: Replace worn-out olfactory cells with an average lifespan of 1-2 months.
Bowman’s Gland: Secretes mucus.
Stimulation of Olfactory Cells:
Odorant dissolves in mucus and attaches to receptors on olfactory cilia.
Involves a cascade effect through G-proteins and second messengers, leading to depolarization and action potential generation in the olfactory nerve.
Quality of a Good Odorant:
Small (3-20 Carbon atoms), volatile, water-soluble, and lipid-soluble.
Facilitated by odorant-binding proteins in mucus.
Membrane Potential and Action Potential:
Resting membrane potential: -55mV.
Action potential frequency in the olfactory nerve increases with odorant strength.
Adaptation Towards the Sense of Smell:
Rapid adaptation within the first second, with further slow adaptation.
Psychological adaptation greater than receptor adaptation, involving feedback inhibition from the central nervous system.
Primary Sensations of Smell:
Camphoraceous, Musky, Floral, Pepperminty, Ethereal, Pungent, Putrid.
Odor Detection Threshold:
Examples: Hydrogen sulfide (0.0005 ppm), Methyl-mercaptan (0.002 ppm).
Some toxic substances are odorless at lethal concentrations.
Characteristics of Smell:
Odor blindness for single substances due to lack of appropriate receptor protein.
Behavioral and emotional influences of smell.
Transmission of Olfactory Signals:
From olfactory cells to glomeruli in the olfactory bulb, involving lateral inhibition.
Primitive, less old, and new olfactory systems with different path
Obii | Medical Transcription and Coding Powered By Artificial Intelligence
1. Obii A.I.
Platform
Developed
by
Wynkk
Research
SC1,
LLC
Obii
M.D. just met A.I.
on-demand medical transcription and coding – powered by artificial intelligence
2. SUMMARY
Category & Business
Model
• Sector: Artificial Intelligence/ Mobile/ Medical Finance / Computer Assisted Coding
• Customer: Doctors | Medical practices | Hospitals | Medical billing companies
• RevenueModel: SAAS subscription, deploymentconsulting
• Pricing: $400-$999 per month on annual contract (based on level)
GeographicFocus • United States
Stage
• Revenue: Not yet
• Last fund stage: None – self funded
• Founder Investment:$175,000 from Co-founders
InvestmentSought
• Amount: $750k
• Structure: Priced round;Seed (other optionspossible)
Team
• Founders:2
• Staff: 3 (1 FTE, 2 PTE)
• # staff convinced to quit their job: 1
3. The American Medical Association estimates that if all health
insurers were able to eliminate all claim payment errors, the
health care system would save $17 billion per year.
4. Obii is a mobile, cloud-based and “provider-first” Computer Assisted Coding
platform for the medical industry.
Obii increases the accuracy and consistency of the medical transcription and
coding process by applying artificial intelligence and a streamlined interview-style
user experience on demand.
Obii is designed to integrate easily with existing EHR software and legacy billing
processes, resulting in increased revenue and efficiency.
We generate revenue by charging the medical provider a monthly subscription fee,
and through deployment consulting fees.
WE’RE WORKING TO ELIMINATE THOSE ERRORS
5. The Problem
Healthcare providers lose as much
as 35% of their revenue because of
billing mistakes caused by human
error.
“The AMA found a 2% rise in claims processing errors over last year’s
findings, which added an estimated $1.5 billion in unnecessary
administrativecosts to the health system.” - National Health Insurer Report Card, AMA
6. Solution
A mobile artificial intelligence
powered medical transcription
and coding platform that
minimizes the potential for human
error AND is easily used by the
healthcare provider.
1.
http://library.ahima.org/xpedio/groups/public/documents/ahima/bok1_050230.hcsp?dDocName=bok1_050230
“Improvements in efficiency can be as high as 50 percent.”
-‐ Kathy
Westhafer,
RHIA,
CHPS;
Christiana
Care
Health
System
7. Meet Obii.
Transcription and Coding in your hand.
Designed with actual physicians to be “provider-first”
Streamlined interview-style experience ensures both
accuracy and consistency in patient reports
Advanced artificial intelligence and natural language
processing removes the potential for human error
Empowers the Medical Coder to act as an editor –
reducing workload and increasing productivity
Easily integrated into existing revenue lifecycle
workflows, EHR systems, and billing solutions
Only solution that handles both transcription and coding
8. Where Obii makes a difference
Accounts Receivable
Submit Claim
Create Claim
Code Research
Editing
Transcription
Dictation
Dr. sees patient
These are the steps in the claims process
where the highest number of errors occur.
Obii’s artificial intelligence and
streamlined process solve that
problem.
9. THE MARKET SIZE
$3.5 Billion
Estimated Computer Assisted Coding market by 20191
16.5%Estimated CAGR
1. http://www.marketsandmarkets.com/Market-Reports/computer-assisted-coding-market-170644018.html
905,000 Active physicians in the USA
5,627 Hospitals
35 Major non-Medicare private health insurance companies
3,755 Medical claims processing companies
11. BUSINESS MODEL
We charge a monthly subscription
per provider
We charge the hospital/practice an
initial deployment consulting fee
+
1,000
providers @ $500 per
month
=
$6MM in
revenue
12. THE CORE TEAM
Brian Bagdasarian
Co-Founder – Drives vision and operations
HISTORY: Developed base of current system whilemanaging SuisseCap Everest Fund for purposeof generating human-like
trading decisions in global currency markets. Has led the project’s development from the beginning.
Linkedin.com/in/brianbagdasarian
Hamza Waqas
Lead Programmer
Experience: Senior Team Lead – Logica Global,
Senior Team Lead – 10Pearls Solutions
Pakistan
https://pk.linkedin.com/in/hamzawaqas
Suresh Neelagaru, M.D.
Co-Founder – Chief Medical Officer
Practicing Cardiacelectrophysiologist in Amarillo TX
Previous founder of EMDConnect,a medical scheduling solution
*we have a few others, but that’s why we need you!
FOUNDERS
SENIOR TEAM
Robert Izatt
Chief Operating Officer
Experience: IT Operations manager for large,
multi-state banking and financial institution
13. COMPANY HISTORY
Bagdasarian 40%
Neelagaru 40%
Waqas 5%
Izatt 1.5%
Key hire vesting pool 13.5%
Summary Cap TableMilestones
• 2014: Bagdasarian beginsadapting prior research
• April 2015 – Company founded
• September 2015 – first tech demo of conversational A.I.
• December 2015 – Initial conversationswith early adopters successful
• January 2016 – Successful demonstration of code identification without
human intervention achieved
• March 2016 – Private Beta testing begun
14. TODAY AND THE FUTURE
So where are we?
We’re about to enter our private beta test phase.
We are pre-revenue at the moment, and have bootstrapped this project.
We’ve got our system working, and have the future in development.
We’ve had significant interest from the marketplace.
We need to hire a few key players and attack the market.
15. WHY DO WE NEED MONEY?
We have a first mover advantage right now. We need to capitalize on this.
We need:
to hire a marketing person to develop our go-to-market strategy.
to hire sales talent whom know the space, and how to approach.
to build out our support team so that everyone loves us.
to grow our development team to maintain rapid improvements.
to partner with a strong BPO provider to drive our growth.
16. WHAT ARE OUR GOALS?
In 2016 we will:
• Deploy the system to 50 initial users during the private beta.(Q2)
• Develop and execute our early launch marketing plan with the target of 500 paying users by end
of Q1 2017
• Achieve 95%+ automated accuracy on report generation
• Provide direct API integration with AllscriptsEMR, Dr. Chrono EMR and others.
• Increase the Obii AI system’s functionality to include ordering of labs
• Refine the conversational engine to allow for 100% voice interaction
• Partner with key BPO solutions providers in the industry to drive our growth
WE ARE SEEKING $750K @ A 5MM VALUATION.
17. USE OF FUNDS
*A more detailed breakdown is available upon request
Assumptions
• The company has been very conservative in adoption rates, and has excluded any large groups in the initial growth
period (large hospitals, etc). Our reality is that a single hospital would allow us to reach the estimated revenue.
• Several staffing positions have been assumed to be filled at certain times – these are ideals, and later fills will adjust
burn rate accordingly
• There is a significant initial talent acquisition phase, and then managed growth based upon estimated demand. Full
load is at end of Q4 2016. This would of course be adjusted based upon ramp up rate and user demand.
• All staffings are located in, and based upon, the lower 25% percentile of current compensation, of the greater Portland,
Maine market.
• All staffing is assumed to be located within the USA, namely the Greater Portland, Maine area, which is located 86
miles north of Boston, MA, but has operational costs of nearly 40% less
• All assumptions are based upon available market research, current market climate, and previous experience of the
team.
18. USE OF FUNDS
*A more detailed breakdown is available upon request
Operational Costs Through
Q4 2016
Revenue Generated
Through Q4 2016
Comments
Engineering $275,000
Product Management $55,000
Customer Success $125,000
Marketing $175,000
Sales $160,000
G&A/Legal/IP $425,000
Total 2016 Expenses $1,215,000
Revenue Gen. 2016
(conservative)
$200,000 Assumes total of 400
active users in 2016 that
paid for a single month
Less Revenue $1,015,000
Estimated burn rate allows for 7-9 months of operation and growth
19. Nomenclature
Medical/healthcare provider: A doctor or other medical professional whom is compensated, at least in
part, by medical insurance companies for their services.
Medical Billing Company: A third-party contractor that performs varying levels of service in managing the
process from transcription to final payment of the medical provider. They are normally compensated as a
percentage of gross billables.
Medical coding: Alphanumeric codes that correlate to diagnoses (ICD-10), and procedures (CPT) that are
used to standardize reporting and billing of medical procedures.
Transcription: The transfer of spoken or recorded speech to written or typed format. Normally the first part
of the medical report process.