GoTelecare Franchise & Services Overview

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OVERVIEW - GOTELECARE FRANCHISE & SERVICES 41 Madison Avenue, 25th Floor, New York, NY 10010

Transcript of GoTelecare Franchise & Services Overview

OVERVIEW - GOTELECARE FRANCHISE & SERVICES41 Madison Avenue, 25th Floor, New York, NY 10010

2© GoTelecare 2014-15| All Rights Reserved Private & Confidential

2 in 1 Franchise Opportunity

Telehealth Services Overview

Comprehensive technology platform for HIPAA compliant video conferencing between healthcare providers and patients

Medical Billing Services Back-office operations for medical billing & claims processing for both telehealth consultations and in-office appointments

Headquartered in New York City, NY (Madison Ave)Medical Billing – 8 Years

Telehealth – 2 years

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4© GoTelecare 2014-15| All Rights Reserved Private & Confidential

TELEHEALTH SERVICES OVERVIEW

→ Consultations when and where needed

→ Supplement office-visits – faster access

→ No expensive video conferencing equipment

→ Consults can be scheduled or on-demand

→ Online, Toll-Free Number, or Mobile App

→ Our back-office team supports providers and patients

→ We train providers & staff on telehealth services

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PROVIDER ATTENDING CONSULTATION

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FACILITY CONSULTATION REQUEST

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PRODUCT CAPABILITIES SUMMARY

→ Secure Video Conferencing→ Web-based EMR, nationwide eScripts and Lab Orders→ Mobile App in iTunes and Google Play store→ mHealth Launch - Summer 2015→ Payment Eligibility Verification→ Insurance Claim Processing→ Patient Copay Processing→ Medical Billing & Collections→ Medical Provider Credentialing

Technology & Processesfully HIPAA and PCI Payment Compliant

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PATIENT ACCESS TO PROVIDERS

→ All you need is a recent desktop/laptop computer, HD webcam, browser and internet connection.

→ No special software to install.→ Patients can use an iPad & iPhone with our mobile app!

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PRODUCT DIFFERENTIATORS

Providers→ Process claims for the provider→ Pre-authorization to ensure

payment before the consultation occurs

→ No upfront cost or monthly subscription fees

Patients→ One of the only telehealth

company's that accepts patient’s insurance

→ No monthly membership dues or additional out of pocket costs

Problem: Healthcare providers face increasing costs, declining revenues

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MARKET DRIVERS

Telehealth Solutions→ Increase the number of paid

consultations which results in more revenue per patient

→ Improve patient access→ Competitive edge over other

providers in your area

Medical Billing Solutions→ Decrease existing costs associated

with medical billing→ Increase patient attention by staff→ Increase profitability immediately

Problem: Growing Shortage of Providers

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MARKET DRIVERS CONTINUED

Telehealth Solutions→ Disperses provider availability across the state→ Increase provider services to under served, rural areas→ Patients have access to the best providers throughout the state→ Decrease patient wait times for specialists

Problem : In the past, insurance companies refused to reimburse for telehealth consultations

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MARKET DRIVERS CONTINUED

→ Medicare pays for telehealth nationwide in underserved areas→ Facilities are financially incentivized→ Medicaid mandated to cover telehealth in many states

→ Mandated private insurance coverage: 2013 = 6 states

→ 2015= 22 states plus Wash. DC→ Nearly all other states have legislation in process or on governors desks

Solution : Significant increase in government support - state & federal

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56% Year-Over-Year Growth!Telehealth is fastest growing segment of healthcare market

Source: IHS, Dec. 2013

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PRESS ON TELEMEDICINE

“Towers Watson expects a 68% increase in the number of employers offering telemedicine in 2015-Telemedicine could potentially deliver more than $6 billion a year in health care savings to U.S. companies”

"ObamaCare, Doctor Shortage To Spur $2 Billion telemedicine Market"

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PRESS ON TELEMEDICINE (Continued)

“Deloitte predicts this in 2014, there will be 100 million eVisits globally, potentially savings over $5 billion when compared to the cost on in-person doctor visits.”

“The Mayo Clinic today (10/3/14) announced a new telemedicine pilot project as part of its overall effort to reduce healthcare costs, with private kiosks”

Richard Branson, Venrock bet $21M on telemedicine platform

Telehealth & Medical Billing Services:

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CLIENT TARGETS FOR GOTELECARE SERVICES

→ Medical Practices→ Hospitals - General & Surgical→ Nursing Homes & Personal Care Facilities→ Home Healthcare Agencies→ Physical Rehabilitation Centers→ Assisted Living Facilities→ Public & Private Education Facilities→ Pharmacies→ Employers/Corporations→ Correctional Facilities

Medical Billing Services:

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CLIENT TARGETS FOR GOTELECARE SERVICES

→ Durable Medical Equipment Co. → Ambulette Services → Medical Labs & Imaging Services→ Health Insurance Co.

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FRANCHISEE BENEFITS

1. Low total franchise investment compared to other franchisesNo royalties or on-going marketing fees

2. Ongoing, residual income from patient consults & billing

3. Work flexibility – work from home• Full-time• Part-time• Absentee-owner

4. Franchisees main responsibilty for client acquisition• Back office services all franchisee client's

5. Unmatched training, marketing materials & sales support

6. Customer Relationship Management service provided• Preloaded opportunities for your territory

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ADDED BENEFITS UNLIKE OTHERS…

→ Territory exclusivity→ Ability to pursue opportunities in other territories→ No national marketing fund contribution→ No revenue performance requirements→ No monthly royalty payments.

20© GoTelecare 2014-15| All Rights Reserved Private & Confidential

21© GoTelecare 2014-15| All Rights Reserved Private & Confidential

REVENUE SHARING MODEL

Telehealth : Franchisee share = 40% gross revenue

Individual providers:• $10 per consultation

Healthcare Facility:• $20 per consultation

Optional Upfront Discounted Pricing:• $500-$10,000/month (based on consultation volume)

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REVENUE SHARING MODEL

Medical Billing : Franchisee share = 20% Net Revenue

GoTelecare fee to client: 4% of claims processed

National Average = 6-8% of claims processed

• Email: [email protected]• Or call: 866-636-6264 and Press 1

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