MediBid® The Marketplace for Medicine®

Christopher HobbsCFO

October 20, 2012

Copyright © MediBid Inc 2012 All Rights Reserved

Who are we?

“The Travelocity of Healthcare”

The Team: Canadian doctor Canadian banker Canadian insurance man

Request For Quote

The best way to ensure VALUE for money spent.

5

General Diagnostic Example 1: ColonoscopyPrice Variability

HCBB Recommended Price: $1,300

Choice of facility, such as an ASC for colonoscopy, can have a major impact on cost while offering equal or even better quality

1 Based on single employer in major metropolitan area

Copyright © MediBid 2012. All rights reserved. May not be reproduced or printed

US Health Care Spending is currently $2.7 Trillion, and growing faster than GDP

2/3 of our shareholders are doctors

Business Model

MediBid derives revenue from several different sources:

Companies are charged a percentage of money saved Individuals are charged $25 per request for care Facilities and physicians are charged an annual subscription fee

Investor’s magic word: recurring monthly revenue.

Copyright © MediBid Inc 2012 All Rights Reserved

If you could go back in time and invest in the right startup, would you?

Thank you

Chris Hobbs

chobbs@medibid.com

416 786-5163

www.medibid.com

Two Problems in One: Transparency and Cost

In the United States, facilities and physicians do not disclose their true prices

The true cost of care is typically determined 2 weeks after a patient leaves hospital

Because there is no pricing transparency, health care providers frequently overcharge

Copyright © MediBid Inc 2012 All Rights Reserved

US Model: Who pays? Health insurance is paid for by employers, and most

self-insure Companies pay out of pocket for most medical

procedures.

Personal health insurance often has a high deductible

MediBid: the Marketplace for Medicine MediBid brings true pricing transparency to the healthcare

market Just as a homeowner can get multiple bids for a home

renovation, Patients can use MediBid to get cost certainty.

Customers

We currently have over 100 facilities and 6000 physicians registered

Our first corporate client over a 4 month period saved just over $1MM with only a limited rollout

MediBid Overview

MediBid brings transparency to the healthcare market by giving patients access to truly unique pricing information otherwise unavailable

Using a tendering process, patients review physician responses to their requests for care and choose the best doctor for them

Doctors are matched with local and distant patients looking for their specific specialty

MediBid Competition Castlight DocInsight FaircareMD ZocDoc PriceDoc All of these competitors attempt to address

transparency with general information. MediBid is the only company that puts medical procedures to tender, and only MediBid gives patients bespoke pricing information.

Risks

Moving too slowly

Sub-optimal advertising

Hiring of key sales staff

Investment

We are looking for funds to maximize our exposure and build our brand

We are currently seeking $1.5MM for 25% of the business

Application of Funds

New funds will be spent on items that cause top line growth:

Advertising Sales Representatives Technological upgrades for new revenue streams

(when necessary)

Exit Strategy

Likely exit scenarios: Earn out

After Year 3 MediBid will have enough free cash flow to repay the initial investment

Bought out by first round of VC There are several VC firms waiting for us to show critical mass

Bought out by a hospital network to close us down Transparency represents a real threat to traditional Corporate

Medicine