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Servicesdotcom investor presentation june 10 2018
- 1. Servicesdot.com Building intelligent healthcare applications Building the systems of tomorrow from a physician’s perspective Contact: kperry@Servicesdot.com Mobile (615) 513-9300
- 2. There are many gaps that physicians and patients fall into and it can be quite frustrating.
- 3. Healthcare is ready for change; the old, inefficient way of doing things cannot continue.
- 6. Building the systems of tomorrow from a physician’s perspective Electronic Health Record and Automated Billing System Patient Scheduling self-service application Electronic Healthcare Supply Chain Optimizer Supply Wizard Automated Full Accrual Accounting System Virtual Financials Integrated Physician Telemedicine Application
- 7. Conclusion Patients deserve better services and tools to help them navigate through the healthcare process. It is already stressful enough, because of a medical situation. • I cannot find a physician easily and book an appointment with a local physician. • I cannot find a physician for urgent but non-emergency situation, so I have to sit in the Emergency Room. • Does the physician even accept my insurance? • Why did I get multiple bills after my hospital stay? • Did my insurance pay correctly? • Did I meet my deductible? • Is there a cheaper place to buy my medications or durable medical equipment?
- 8. Our FIRST solution to be delivered to the market is the Physicianvisit.com system with built-in smart logic. Find a Physician and book an appointment in less than a minute. Receive reminders of upcoming visits or review previous visits. Have your appointment start on time, due to advanced scheduling intelligent logic.
- 10. Physicians are in need of solutions that allow them to practice medicine in an efficient workflow and be able to provide more face time with the patient and collect necessary data as a by-product of the process, and making it a satisfying experience for the patient. Also, they need a highly automated billing system that speeds up the billing process and eliminates the vast majority of billing mistakes Physicians spend too much time documenting in EHR Payers are demanding payments linked to high quality outcomes, which requires data. Billing processes not automated. Payment compliance and denial correction processes inefficient.
- 11. Intuitively designed UI features and workflows to reduce time spent on EHR. Making it easy to use. Cloud based and can be accessed anywhere using a variety of mobile devices Smart decision analytic tools to support physician decision- making and coding to get claims paid.
- 12. Upon completion of encounter, all claims are immediately checked and sent for claim submission. We only touch the exceptions. Automatic matching of remittance advices to claims, with expected payment variance tracking. Easy to use functions to correct claims and create new edits to stop repeating correction of the same errors.
- 14. Omnipresent HIS provides all of these features.
- 16. Physician practices, outpatient centers and small hospitals need better systems to manage supply cost and have real-time financial information to manage the business. We will do this with two pending utility patented, applications. Currently, most physicians use QuickBooks to prepare financials and only at month-end. Small to mid-size hospitals are using antiquated systems as well. Financialsdot.com with the “Electronic Fully Automated Accrual Financial System,” aka Virtual Financials , will potentially disrupt the ERP/Financial software market by providing the first real-time, full accrual accounting system. Currently, most physicians have no purchasing system and even what hospitals use is antiquated. Suppliesdot.com, with the “Electronic Healthcare Supply Chain Optimizer,” aka Supply Chain Wizard, will potentially disrupt the healthcare supply chain market by redesigning how purchasing is done and providing a level of vendor access not achieved before, all driven by OMNI.
- 17. Cardinal Health survey 69% of organizations report delayed cases due to missing supplies A physician didn't have the product needed for a procedure during the procedure 13. Total: 66 percent 14. Frontline: 73 percent 15. Supply chain: 57 percent 16. Administrator: 65 percent A recalled or expired product was used on a patient 17. Total: 27 percent 18. Frontline: 21 percent 19. Supply chain: 32 percent 20. Administrator: 31 percent A patient experienced an adverse event because the right supplies weren't available at the right time 21. Total: 23 percent 22. Frontline: 19 percent 23. Supply chain: 22 percent 24. Administrator: 31 percent Had to borrow supplies from another hospital 1. Total: 57 percent 2. Frontline: 52 percent 3. Supply chain: 55 percent 4. Administrator: 68 percent Had to delay a case 5. Total: 69 percent 6. Frontline: 74 percent 7. Supply chain: 71 percent 8. Administrator: 57 percent Had to cancel a case 9. Total: 40 percent 10. Frontline: 44 percent 11. Supply chain: 35 percent 12. Administrator: 39 percent
- 21. We are launching first in the USA, but through our existing relationships we will release applications into the GCC countries and India. Nashville, TN
- 22. We are building what we believe will be the best combined clinical and financial decision making intelligence available using machine learning. We will include clinical algorithms for identifying patient risks and treatments logic to facilitate automatic coding of claims, smart logic to assist the physician in applying the right diagnostic codes, logic to make recommendations on clinical staffing, automatically purchase supplies as they are used and more.
- 23. Superior operational workflows Integration of financial and clinical systems Smart logic in our applications Affordable Cost Model Patent Pending Technology – Supply Chain & Financials
- 25. Founder, CEO 33 years healthcare and previous start-up experience Advisor, Chief Security Officer 40 years IT/Security experience Advisor, Sales & Marketing 34 years Sales/Marketing experience Director, Suppliesdot.com 20 years supply chain experience Senior Advisor, Board Member 20 years of healthcare and publicly traded company experience, LSE, ME and India Kenneth W. Perry Frank Platt Randy Pomeroy Krystal Brown Pramod Balakrishnan Owner, GT Tech Solutions, Programming Manager 10 years programming development based in India Amit Jain CEO, Hash Code Programmers, Blockchain Partner Masters in Computer Science, 10 years programming development based in India Amit Modi Ty Vachon, MD Physician Advisor, Co-Founder and Imaging Informaticist at ORA Informatics
- 26. Servicesdot.com Revenuedot.com Employeedot.comEHRdot.com Suppliesdot.com Infosysdot.com Patientdot.com Recruitdot.com Healthcareblockchaindot.com Physicianvisitdot.com Omnipresent HIS Billing Rightappointment.com Healthblockchaindot.com Omnipresent HIS EHR Supply Wizard Timeclockdot.com Financialsdot.com Virtual Financials MedicalrecruitInternational.com HealthPurchaser.com HealthValue.com Physiciananywhere.com Physicianeverywhere.com Virtualphysiciandot.com Omnipresenthealthcare.com Omnipresenthealth.com Omniphysician.com
- 28. We are excited about the future of healthcare and how we can play a part in the continuing development of a more efficient, cost effective, healthcare delivery system. Servicesdot.com Contact: kperry@Servicesdot.com Mobile (615) 513-9300
Editor's Notes
- I would like to welcome you to a brief introduction of our company Servicesdot.com.
- We all know through our own interactions with healthcare, whether it is having a hospital stay, getting prescriptions filled, having an surgery or having a baby, that the healthcare system, while good, still has a lot of room for improvement. There are many gaps that physicians and patients fall into and it can be quite frustrating. Multiple bills we don’t understand, delays in getting results, filling out the same forms over and over again and pricing that we cannot understand, which makes us wonder is our bill correct. These issues and many more have been plaguing the healthcare industry for years. We hope to provide solutions to many of these issues making the lives of patients and their physicians better using intelligent healthcare applications.
- Healthcare is ready for change; the old, inefficient way of doing things cannot continue.
- Quickly new technologies like block chain will impact the way healthcare information systems are designed and work together.
- Our mission is to enable caregivers to connect with patients in a super efficient and secure manner, building a more efficient, cost effective, healthcare delivery system.
- We will begin fulfilling our Mission and Vision with the release of our first five applications in the Servicesdot.com suite of applications. The Omnipresent HIS will provide a state of art EHR and Billing system for physicians. Physicianvisit.com will provide for a universal scheduling and referral system that allows patient self-scheduling and physicians management of their own schedule. Supply Wizard is patent pending technology that allows providers to purchase supplies and capital equipment using a process that ensures buying at the best available price on the market. Virtual Financials is patent pending technology that brings accounting systems into the 21st century with real-time full accrual financials on demand. Physiciananywere.com is our telemedicine portal that can be used standalone or in conjunction with our Omnipresent EHR.
- Patients can encounter numerous issues during the healthcare process. Questions arise that need to be answered and it is often difficult to get the answer you need. Patients deserve better services and tools to help them navigate through the healthcare process. It is already stressful enough, because of a medical situation. We are developing better patient solutions.
- Our FIRST solution to be delivered to the market is the Physicianvisit.com scheduling application with built-in smart logic. This is the first step in providing patients and physicians better tools.
- We deliver the most advanced scheduling module on the market. It is easy to install and use. All cloud based and fully integrated to our mobile apps.
- Physicians face many challenges practicing medicine today. They work on EHRs that have poor workflows and are not automated. Data gathering requirements continue to increase in order to maintain their reimbursement. Physicians are in need of solutions that allow them to practice medicine in an efficient workflow and be able to provide more face time with the patient and collect necessary data as a by-product of the process
- Our solution is the Omnipresent HIS. It uses intelligent workflows, advanced logic and artificial intelligence to provide a physician with an easy to use, time saving, efficient system.
- The Omnipresent HIS includes an integrated, fully automated claims scrubber and submission module. It is the most advanced billing system on the market. Also, it includes a fully automated claims remittance posting module. Our system can get claims out the door faster with less billing staff.
- There are a lot of practices still moving to electronic health records and of those on EHRs almost 15% turnover every year due to being unsatisfied with their current system.
- Recent physician surveys give us the top features being requested by physicians. The Omnipresent HIS provides all of these features.
- The future is all about interoperability of systems. We have designed our systems to directly interface and share information between all healthcare stakeholders.
- Physician practices, outpatient centers and small hospitals need better systems to manage supply cost and have real-time financial information to manage the business. We will do this with our two patent pending utility applications.
- We think supply chain needs an upgrade from the old dated systems like Oracle, Lawson and SAP. It’s time for this 80s software to be replaced. There is no go reason that hospitals and clinics should not have the supplies they need, when they need them.
- Currently in development, Supply Wizard version 2, will be ready for beta testing by 3rd quarter 2018.
- Virtual Financials will be the first fully automated accounting system that provides full accrual financials on a daily basis.
- All Reports and Dashboards in our system are real-time. The updates can be set from hourly up to daily. Virtual Financials will be ready for beta testing end of 4th quarter 2018.
- We are based in Nashville, TN and we will deploy our first applications in 2018 in the USA. This will soon be followed by sites in GCC countries and in India in 2019.
- We are building what we believe will be the best combined clinical and financial decision making intelligence available using machine learning. We will include clinical algorithms for identifying patient risks and treatments, logic to facilitate automatic coding of claims, smart logic to assist the physician in applying the right diagnostic codes, logic to make recommendations on clinical staffing, automatically purchase supplies as they are used and more. We like to call this the new logic of healthcare.
- We have three distinct advantages that give us an edge with our competitors. Applications with superior workflows and more automation of tasks. Our overall system operating costs are less by as much as 50% and we have patent pending, disruptive technology.
- We are committed to having all our applications in the market by end of 1st quarter 2019.
- Our management team is draws on more than 100 years of cumulative detail level operational experience and problem solving expertise on the provider and administrative sides of healthcare. Also, the team has extensive experience in the deployment, customization and daily work with legacy systems across the spectrum of healthcare operations, plus extensive work in the custom development of proprietary applications. It is this firsthand understanding of the problems facing providers and administrators and coupled with our thorough understanding of the unaddressed needs in the marketplace in hospital and physician practice operational systems, that will ensure the company’s success in executing the business plan.
- The future is bright with many other applications in the planning stages within our company.
- We build intelligent healthcare applications. Our applications allow physicians to spend more face time with patients, providing patients with better access to relevant health care information, giving managers better tools to reduce administrative and medical costs. We have applications that are ready to go to market and a group of management and advisors to lead the company in the right direction.
- We are excited about the future of healthcare and how we can play a part in the continuing development of a more efficient, cost effective, healthcare system. We hope you are as excited as we are to be the change that is needed in healthcare. Thank You.