William Beckett, Hip Impact Protection, at "Journeys of Health-Tech Innovation" Nov 30th 2015
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Transcript of William Beckett, Hip Impact Protection, at "Journeys of Health-Tech Innovation" Nov 30th 2015
Through Fall-Safe Assist
Fall-Safe AssistFall-Safe Assist2
3
International Distributionof Fall-Safe hip protectors
NHS &Lloyds Betterlife
33,000 soldin 3 years
44
falls, gait, mobility
problems
5
6
Oldham CCG (Clinical Commissioning Group)
• 33,000 people >65• 8,700 serious falls in 2014• 211 broke a hip• Cost of each repair and rehab. = >£20,000• Total cost = £4.2m• Supplying ‘all’ fallers with Fall-Safe Assist @£250 = £2.2m• Most had > 1 fall, so actual cost would be half = c.£1m
6• There are 210 CCGs in England
GLOBAL BURDENOF DISEASE
REPORT 2013
WESTERN EUROPE CENTRAL EUROPE 3 2
YEARS LIVING WITH DISEASERELATIVE PLACINGS
FOR FALLSYLDs1st = worst
Fall-Safe®
Fall-SafeAssist
Fall-SafeAssist
Falls DetectionAlarm Call
Hip Protection
Real-TimeGait Analysis
Tunstallpendant
Functionality
Cost
Low High
Low
High
SafeHip
HipSaver
Posey
Tunstallivi pendant
Phillipspendant
Otherpendants
Steps Monitoring
Wristwatches
Mobileapps
Fall-SafeAssist
Fall-SafeAssist
Fall-SafeDistributors
Hip ImpactProtection
University ofManchester
– Trials and Users –
BioSensicsUSA
– Technology –
Fall-SafeAssist
CE mark FDA Registration
Finances
• 2014 = £110k
• 2015 = £100K
• 2016 = £275k
• 2017 = £1.3m
• 2018 = £3.5m
• 2019 = £6.6m
• 2020 = £8.9m
Turnover Profit F-SA Devices 0
10 (samples)
200
5,000
10,000
20,000
40,000
0
10k
£55K
£225k
£1.2m
£2.5m
£4.1m
What do we want, and why?
a). Production casings @£3.50 x 10,000 = £35k
b). Stick-to-the-body & pad, double-sided film = £5k
c). Create cloud database, 2 guys for 6 months = £75k
d). Production run of F-SA chips, x 10,000 = £350k
e). Office + admin/logistics, 1st 12 months = £55k Total = £520kNB. all approximate figures
Pads absorb 70% of the impact – so no hip fractures
F-SA automatically calls emergency services
F-SA monitors falls, steps, gait and activity in real time
Through Fall-Safe Assist
F-SA saves lives and – potentially – £millions