Save On Medical Investor Pitch Deck
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Shop. Compare. Save On Medical Procedures.
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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
