Save On Medical Investor Pitch Deck

Post on 08-Jul-2015

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Save On Medical is transforming the way patients shop for medical procedures - like Travelocity for healthcare. Save On Medical is an online marketplace that uses price transparency to help patients make informed care decisions based on cost, quality or convenience, while locking in discounted prices with no hidden fees. Providers can advertise their prices, collect up-front payment from patients and fluctuate prices based upon demand.

Transcript of Save On Medical Investor Pitch Deck

Shop. Compare. Save On Medical Procedures.

Why Today?PATIENTS: Huge growth in high-deductible health plans (HDHP) & deductibles.

Patients are becoming price conscious

consumersAverage health care spending for families

Why Today?PROVIDERS: Growth in patient responsibility, making it harder to collect payments.

Source: America’s Health Insurance Plans and National Business Group on Health - Centers for Medicare and Medicaid (CMS)

Costs twice as much to collect from patients vs. a

commercial insurer

70% of patient responsibility goes

uncollected

Solution:

The Medical Marketplace for Procedures

Experienced Team:

Traction:

• Working with 25% of outpatient radiology facilities in the U.S.

• $220,000 through website

• 25,000+ accounts created

Pricing Models:

• Patients FREE• Providers:–Subscription Model, or–Transaction Fee Model

Projected Revenue:

$442 K $2.2 M $4.9 M $12 M

Partners:

• Engine optimization/Mobile app• Integrate new partners• Expand sales and marketing teams to

grow new verticals (Surgery & Lab Services)

• SEM/SEO marketing for patients

Raising

$750,000

Chris Christenberry & Matt Schneider

marketing@saveonmedical.com888-372-5438

www.saveonmedical.com