Hey! We are Telescope Health and we are working hard to make healthcare costs much more transparent. Check us out at telescope-health.com/outpatient_data and join our community of people looking for more effective transparency.
2. Telescope Health makes healthcare costs more
transparent by helping patients find the most
cost-effective providers.
We are the TrueCar meets OpenTable of medical
procedures.
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3. The Problem
The problem: lack of consumer education, lack of
transparency, and hidden costs in the
medical billing process
• Limited government efforts through the Affordable Care Act
• Small number of companies attempting to publish pricing data
• No intuitive way of accessing pricing data on the go
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4. Our Solution: The Telescope on Mobile &
Desktop
Address/Zip Code Procedure
Providers With
Average Price,
Location, Ratings
and Reviews
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5. The Timeline
August 2014
MVP 1.0
Basic Search
Functions
October 2014
MVP 2.0
Full Data Integration
Ratings & Reviews
Implemented
July 2014
Conception &
Preliminary
Research
December 2014
Completion of
Front-End
January 2015
Onwards
Feedback &
Iteration
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6. The Market
Target: Uninsured Procedures
– Approximately 14.5% of all medical procedures are performed
on uninsured patients
Relevant Procedures: Outpatient
– Approximately 100.7 million per year
Total Procedures Per Year To Be Targeted
– 7 million (after removing procedures performed on patients
aged 55 and above)
– $4.99 per procedure booked
– First year target: 10,000 procedures
– First year revenue = $49,900.00
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7. Our Revenue: Bookings
Gather a consistent user base
Develop partnerships with healthcare providers
– Provide bookings through our platform
– Charge a nominal fee
Address
Procedure
Compare
Prices
Select Provider
Book Your
Appointment
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8. Growth
Users contribute through uploading their bill
– Emphasis on community building
– Integrate social media shares
Leverage social media presence to spread the word
Development of partnerships with providers as another
marketing channel
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9. Effective Transparency – Not Just Prices
Billing Transparency 1.0:
One-dimensional approach to
increasing transparency
Effective Transparency:
Telescope Health
Increasing transparency and
connecting users to cost-effective
providers through bookings
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10. Meet the Team
Vidur Malik
Current: Software Developer at
Shopkeep
Past: Zynga
Education:
Brown University
-M.Sc. Computer Science
-B.Sc. Mechanical Engineering
Tech @ Telescope Health
Jose Araujo
Current: Founder at Aramedica
Distributors
Past: Across Health
Education:
Brown University
-B.A. Economics & Political
Science [2015 Expected]
Business @ Telescope Health
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