The Pegwin Insights software platform is used by caregivers at the point of care to measure and monitor a patient’s risk profile and receive early insight into a patient’s deterioration so that timely intervention and preventive action can be taken to avoid post-operative complications. Pegwin Insights is the only evidence-based Machine Learning and AI solution to assist caregivers with better-than-human accuracy in real-time.
1. Giving Caregivers
“The Power Of Timely Intervention”
Hospital Software to detect post-operative patient deterioration
January 2020
2. THE GLOBAL UNMET NEED
Inadequate methods to prevent post-operative complications
3rd Leading category of post-operative death
10%Surgeries have post-op complications (45.6M).
63%Post-Op Deaths are preventable because they are not recognized in time.
3. THE PROBLEM
Lack of Early Detection of Post-operative Patient Deterioration
Injury & Death Higher Costs Lawsuits Lost Revenue Loss of Trust
Post-Op Complications can be deadly to patients & negatively impact hospitals
4. THE SOLUTION
Pegwin Insights Software to detect patient deterioration
Real-Time dashboard provides clinicians with vital
information about patient risk profiles
Machine Learning for pattern recognition and AI
predictive modeling to detect patient deterioration
Algorithms developed on data from MIT, Harvard &
Boston Children’s Hospital
• More than 500,000 patients
• 72 million observations
• Billions of data points
• Integrating data from 64 million patients
5. THE SOLUTION
Pegwin Insights platform improves patient outcomes
Improve Clinician EngagementPrevent Harm
Improve Patient Outcomes
Reduce Staff Workload
Improve Hospital Finances Save Clinicians Time Immediate and Actionable
Safety Issue Documentation
6. TRACTION - Validation Partners & Study Prospects
• Pegwin has access to the largest
healthcare prospective database in the US
which contains data on:
• 64 million patients
• 400+ Hospitals
• Collected over 15 years
LOIs with Major Hospital SystemsExclusiveAccess to “Data Lake”
to Power AI algorithms
Members of the Capital FactoryAccelerator
Prospect Hospital Systems
7. Business Model
Centers for Medicare & Medicaid Services pays hospitals $120 per surgical
patient for post-op monitoring
• Pegwin bills hospitals average $50 / patient
• Gross Margin to Hospital is ~ 60%
• 400,000 occupied surgical beds in the US with an average stay of 4.5 days
• Number of surgical patients per year is:
• (400,000 patients * 365 days) / (4.5 patient days) = 32M surgical patients
• At an average of $50 per patients, Pegwin's US Serviceable Market is: $1.6B
• Worldwide at least 5 times larger
• Technology is applicable to larger "non post-surgical" application markets
• How we Scale
• Working with Leaders in the Industry that others follow
• Certify Pegwin drives down the cost of healthcare
• CMS and Insurance Companies will requirePegwin
• Postsurgical deterioration is the tip of the iceberg (tele-medicine,
ambulatory care, long term care, etc.).
8. The Competition
2
Competitors provide
• “After the fact” analysis from the Electronic
Medical Record
• EWS (Early Warning Score) addresses the
complication.
Pegwin provides real-time insights allowing
corrective action to avert the complication.
TRADE-OFF
AFFORDABILITY
HIGH
LOW
EFFECT ON HEALTHWORSE (negative) BETTER (positive)
TRADE-OFF
9. Management Team
-Successful serial entrepreneur
with 2 exits.
-Seasoned hi-tech executive
with experience in software
development, saas, sales,
marketing
Chris Melson,MBA
Chief Executive Officer
-15 years in startup
ventures.
-Specializes in cognitive
computing, clinical
informatics & high-end
computational science
Nadav Lankin,MCA
Chief Data Scientist
-Anesthesiologist and intensive
care expert
-Former CMO & CQO/ Ass.
Dean at Univ of Miami
-Mass General Hospital &
Harvard Medical School
-Expert on patient safety &
systems improvement.
-Published 200 papers and 5
books.-
PaulBarach,MD,MPH,Maj.(ret.)
Chief MedicalOfficer
-Software & quality control
project manager, projects
ranging from firmware-level
heuristics to web-based
reporting and tracking
applications sites
-15 years industry experience,
working from start-ups to
Fortune 500 companies
Noah Smith, MCS
Chief TechnicalOfficer
DouglasB. Dotan,MA, CQIA
Founder,Chairman&President
-Former Chair ASQ
Healthcare Division.
-Patient Safety Movement
Foundation Regional Network
Chair for Texas.
-Member of ACHE and the
Greater Houston Society for
Risk Management (GHSRM)
-Managing Director of the
Aentib Group
-Board Director of Pluristem
Therapeutics Inc. (Nasdaq:
PSTI). -Expert in corporate
partnerships, acquiring
technology, & mergers and
acquisitions.
Mark S.Germain,JD
Co - Chairman
10. Milestones to Accomplish with $2M Raise:
• Complete 5 Pilots
• Integrate with all 7 major Electronic Medical RecordAPIs
• Run Retroactive Studies
• Expand IP Strategy
• Perform an independent, external SystemAudit
• Position Pegwin By 2022
• $25M Annual Recurring Revenue run-rate
• 50+ Hospital Systems under active contract
Seeking $2M Seed Funding