Remedium aims to provide insurance companies and hospitals with a technology service utilizing cloud-based software and advanced thumbprint scanners to retrieve medical records faster. Phase I focuses on making the service available to insurance companies and consumers. Phase II expands to hospitals by partnering with Kinetic Communications and making scanners and software available. The target market is major insurance companies and hospitals in Birmingham, Alabama. Pricing will be $90 per person for insurance subscriptions and $50 for group policies, with free scanners and $35,000 software.

1. Remedium I.D.Remedium I.D.
““Medical records in yourMedical records in your
handshands””

2. Our Mission atOur Mission at
RemediumRemedium
Providing insurance companies with a premiumProviding insurance companies with a premium
healthcare technology service and to utilizehealthcare technology service and to utilize
cloud based software with advancedcloud based software with advanced
thumbprint scanners in order to unify hospitalsthumbprint scanners in order to unify hospitals
to improve patient treatment options and toto improve patient treatment options and to
shorten waiting times by retrieving medicalshorten waiting times by retrieving medical
records fasterrecords faster

3. Healthcare TechnologyHealthcare Technology
MarketMarket
Relatively newRelatively new
Current market is expandingCurrent market is expanding
EHRs (Electronic Health Records)EHRs (Electronic Health Records)
Data organizers that help with researchData organizers that help with research
based concernsbased concerns

4. PHASE IPHASE I
Remedium I.D.Remedium I.D.
Insurance companiesInsurance companies
BusinessesBusinesses
ConsumersConsumers
Make our serviceMake our service
available toavailable to
insuranceinsurance
companies forcompanies for
their policy-holderstheir policy-holders

5. PHASE IIPHASE II
RemediemumIDRemediemumID
Cloud SoftwareCloud Software
Make our thumbprintMake our thumbprint
scanners and our softwarescanners and our software
available for hospitalsavailable for hospitals
Partnership withPartnership with
Kinetic CommunicationsKinetic Communications

6. CompetitionCompetition
CompanyCompany
MyMy
HealtheVeHealtheVe
tt
MedMininMedMinin
gg
GeisingeGeisinge
r Healthr Health
SystemSystem
TechnitiansTechnitians
(HMR)(HMR)
ConsCons
•In-personIn-person
authorizationauthorization
•Only portions ofOnly portions of
records arerecords are
accessibleaccessible
•Takes at least 10Takes at least 10
daysdays
•ConstantConstant
checking forchecking for
status ofstatus of
applicationapplication
•Lengthy interviewLengthy interview
processprocess
•3 day process3 day process
•4 step process4 step process
•Fixed priceFixed price
•IndividualIndividual
activationactivation
onlyonly
•186,300 jobs in 2012186,300 jobs in 2012
•$16.42 per hour$16.42 per hour
wage which leads to awage which leads to a
yearly income ofyearly income of
$34,160$34,160
•Expected 22%Expected 22%
increase in HMRincrease in HMR
Technician jobsTechnician jobs

7. Marketing ResearchMarketing Research
Our target market includes the majorOur target market includes the major
healthcare insurance companies with clients inhealthcare insurance companies with clients in
Birmingham, Alabama. (ex: BlueCrossBirmingham, Alabama. (ex: BlueCross
BlueShield)BlueShield)
2.1 million Alabamians have Blue Cross Blue2.1 million Alabamians have Blue Cross Blue
Shield.Shield.
42 out of 94 hospitals use EHR in Alabama42 out of 94 hospitals use EHR in Alabama
7,500 doctors and 98% of hospitals use Blue7,500 doctors and 98% of hospitals use Blue
Cross Blue ShieldCross Blue Shield
remediumid.yolasite.comremediumid.yolasite.com

8. Dr. Tapan DaftariDr. Tapan Daftari

9. Financial OperationsFinancial Operations
Balance Sheet Phase 1Balance Sheet Phase 1 Balance Sheet Phase 2Balance Sheet Phase 2

10. Income StatementsIncome Statements
Income StatementIncome Statement
Phase 1Phase 1
Income StatementIncome Statement
Phase 2Phase 2

11. Future DirectionsFuture Directions
12 years12 years
4 years4 years
1 years1 years
2 years2 years
BirminghamBirmingham
AlabamaAlabama
South EastSouth East
Nation wideNation wide

12. ConclusionConclusion
Phase IPhase I
Insurance subscriptionInsurance subscription
Phase IIPhase II
HospitalHospital
PricingPricing
SubscriptionSubscription
$90 per person in for a policy$90 per person in for a policy
$50 for group policies$50 for group policies
Software/ThumbprintSoftware/Thumbprint
Free scannersFree scanners
Software for $35,000Software for $35,000

13. Works Cited
"American College of Physicians: Internal Medicine — Doctors for Adults ®." ACP Observer, September 2004. Web. 18 June 2014.
"Anatomy Of An Electronic Health Record Zero-Day." Dark Reading. Web. 20 June 2014.
"Fast Facts on US Hospitals." Fast Facts on US Hospitals. Web. 19 June 2014.
"Hacking Electronic Health Records." InformationWeek. Web. 20 June 2014.
"Health Insurance in the United States." Wikipedia. Wikimedia Foundation, 19 June 2014. Web. 20 June 2014.
"Healthcare 411." Primary Care Workforce Facts and Stats. Web. 20 June 2014.
"Healthcare 411." Primary Care Workforce Facts and Stats. Web. 20 June 2014.
Herper, Matthew. "These Graphs Show How Fast Hospitals Are Adopting Computers -- And How Far They Have To Go." Forbes. Forbes Magazine, 10 July
2013. Web. 20 June 2014.
"How to Become a Medical Records Technician." InnerBody. Web. 20 June 2014.
Klebanow, Ken, Dr. "The Business of Medicine 101." American Academy of Pediatrics. Web. 20 June 2014.
"MedMining CEO's Message." MedMining. Web. 20 June 2014.
"Providers." Blue Cross and Blue Shield of Alabama :. Web. 20 June 2014.
"Thumbprint Scanners." Digitalpersona. Web. 20 June 2014.
"The Top 100 EHR Companies (Part 1 of 4)." Medical Economics. Web. 20 June 2014.
"Trademarks." Trademarks. Web. 20 June 2014.
Wikipedia. Wikimedia Foundation. Web. 20 June 2014.
Wikipedia. Wikimedia Foundation. Web. 20 June 2014.