Qnova overview deck q4 2013
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Transcript of Qnova overview deck q4 2013
Qnova Health Overview
Susan Nicholas, MD MBAFounder & CEOQ4 2013
Introduction
• Qnova Health is a payer in the US Healthcare system for outpatient care services
• A comprehensive technology platform comprised of four integrated modules
• A modern addition to US Healthcare creating access to affordable care and transparency in healthcare pricing
The Market• Outpatient care is a $850
billion industry comprising 41% of the total US healthcare expenditure
• The segment is growing at 7.5% annually
• In 2014, the average American family is expected to pay $3,301 out-of-pocket toward their healthcare, or $388 billion.
• Qnova Health is positioned to minimize out-of-pocket expenditures for Americans
Mobile-Web Interface• Foundational platform
for Q-pass system
• Services are purchased for cash and a pre-paid Q-pass is issued
• Offers > 45 practice areas
• Designed to fill excess capacity in the outpatient care setting
E-commerce PlatformModule I
Web E-commerce Platform
The Q-pass• Q-passes are issued on
the E-commerce platform.
• Function as an access pass to the US health care system for uninsured, under insured, and high deductible plan holders
• Designed to remove the stressful financial transaction from the doctor’s office setting
Official Q-pass Document
Copyright © 2013 Qnova Health Inc. All Rights Reserved.
OFFICIAL - PASS
How to use this Q-pass: Call your healthcare provider to schedule your appointment or schedule directly online from your personal Qnova Health account portal. Present this Q-pass document or mobile app download at the time of service. Expiration is 12 months from date of purchase. The Fine Print Valid only at location(s) specified on Official Q-pass. Valid only for service(s) listed on the Official Q-pass. Non-transferable. Voucher has no cash value and cannot be reproduced or resold. All Right Reserved. Qnova Health Inc. Practice Name: Dr. Jones Primary Care Provider Name(s): Dr. Bruce Jones, MD Address: 1234 Maple Drive, Atlanta GA 30339 Telephone #: 404-555-1234 Website: www.JonesPrimarycare.com Service Purchased: Routine Physical Exam with Labs Voucher Value: $125.00 Date of Purchase: May 1, 2013
Refund Policy REFUND POLICY: Change your mind? Full refunds are given upon request within 5 business days of a Q -pass purchase. Simply call us at 1-866-307-6399 or email us at [email protected]. Time limitations are subject to change but are also rare, so, before you ask for a refund, you should always reference ‘The Fine Print’ section of your Q-pass to confirm whether or not you are eligible for a refund. Any time you request a refund outside of the policy stated above, we provide refunds upon request only where the healthcare provider has gone out of business or closed his practice before the promotional period ends.
Dr. Jones Primary Care Office
Payment SystemModule II• Proprietary Payment
software for outpatient care providers
• Reduces revenue cycles by 66% for all patients using Q-pass system
• Reduces practice administrative costs with no claims to file, billing, or collections with Q-pass patients
Patient Health RecordModule III• Builds off of Microsoft
Health Vault®
• HIPAA compliant, cloud-based, & secure universal integration of health data
• Allows every QH user to have access to their health records for services purchased on E-commerce platform
Qnova Health PlansModule IV• QH has two actuarial
certified health plan options
• The QH plan combines with private and/or federal high-deductible plan carriers t o offer a Qualified Health Plan (QHP)
• Reduces overall cost of comprehensive health plans for both payers and patients
Proforma Financials
2014 2015 2016 $-
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
$30,000,000
$35,000,000
$40,000,000
$1,247,859
$4,342,500
$12,749,625
$287,381 $973,688 $2,837,700 $3,552,044
$17,145,965
$34,942,568
$314,007 $89,120 $101,307 $31,401 $139,334 $260,977 $510,366 $1,785,094
$5,202,450
Revenue Streams
Q-pass SalesPCHR SubscriptionsHealth Plan SalesHSA* Card revenueHSA*recurringSoftware Sales
Annual Revenues
2014 2015 2016 $-
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
Total Revenues
Total RevenuesExponential (Total Revenues)
Profit & Loss
2014 2015 2016
Revenue
5,934,057 24,475,700 56,094,690 Expenses
3,386,896 15,520,123 29,853,201 Profit (Loss)
2,547,161 8,955,576 26,241,489
Team
Competition
• Snap Health(TX) www.snaphealth.com• Care Xtend (IL) www.carextend.com• Healthpons (GA) www.healthpons.com
• All competitors offer limited outpatient care services. None have established a
comprehensive payer model or affordable health plan to support the services and providers
Exit
Exit by IPO anticipated in 2018
Contact Us
Susan Nicholas, MD MBA
E-mail: [email protected]: www.qnovahealth.com
O: 866-307-6399M: 404-414-5551Fax: 866-365-2216
Thank you!