William Beckett, Hip Impact Protection, at "Journeys of Health-Tech Innovation" Nov 30th 2015

12
Through Fall-Safe Assist

Transcript of William Beckett, Hip Impact Protection, at "Journeys of Health-Tech Innovation" Nov 30th 2015

Page 1: William Beckett, Hip Impact Protection, at "Journeys of Health-Tech Innovation" Nov 30th 2015

Through Fall-Safe Assist

Page 2: William Beckett, Hip Impact Protection, at "Journeys of Health-Tech Innovation" Nov 30th 2015

Fall-Safe AssistFall-Safe Assist2

Page 3: William Beckett, Hip Impact Protection, at "Journeys of Health-Tech Innovation" Nov 30th 2015

3

International Distributionof Fall-Safe hip protectors

NHS &Lloyds Betterlife

33,000 soldin 3 years

Page 4: William Beckett, Hip Impact Protection, at "Journeys of Health-Tech Innovation" Nov 30th 2015

44

falls, gait, mobility

problems

Page 5: William Beckett, Hip Impact Protection, at "Journeys of Health-Tech Innovation" Nov 30th 2015

5

Page 6: William Beckett, Hip Impact Protection, at "Journeys of Health-Tech Innovation" Nov 30th 2015

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

Page 7: William Beckett, Hip Impact Protection, at "Journeys of Health-Tech Innovation" Nov 30th 2015

GLOBAL BURDENOF DISEASE

REPORT 2013

WESTERN EUROPE CENTRAL EUROPE 3 2

YEARS LIVING WITH DISEASERELATIVE PLACINGS

FOR FALLSYLDs1st = worst

Page 8: William Beckett, Hip Impact Protection, at "Journeys of Health-Tech Innovation" Nov 30th 2015

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

Page 9: William Beckett, Hip Impact Protection, at "Journeys of Health-Tech Innovation" Nov 30th 2015

Fall-SafeDistributors

Hip ImpactProtection

University ofManchester

– Trials and Users –

BioSensicsUSA

– Technology –

Fall-SafeAssist

CE mark FDA Registration

Page 10: William Beckett, Hip Impact Protection, at "Journeys of Health-Tech Innovation" Nov 30th 2015

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

Page 11: William Beckett, Hip Impact Protection, at "Journeys of Health-Tech Innovation" Nov 30th 2015

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

Page 12: William Beckett, Hip Impact Protection, at "Journeys of Health-Tech Innovation" Nov 30th 2015

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