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PTTrack

Date post: 13-Jan-2017
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The PTTrack Joanne Werneke 916-470-0917 [email protected]
Transcript
Page 1: PTTrack

The PTTrack

Joanne Werneke [email protected]

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PT TRACKPayal Karia - Joanne Werneke - Arohi Desai - Zachary Harmany

1st Place Winners Startup Weekend May 2016

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The introduction

PTTrack is a wearable and App solution for home and remote physical therapy exercise compliance verification that saves 50-90% per patient by eliminating return hospital stays.

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The Problem & Value Proposition

Physical Therapy Patients -Only 30% are compliant with home/ remote exercise programsBetter Outcomes for Patients

Physical Therapists - reduce exposure to medical lawsuits Insurance Companies - save 50-90% per patient

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The Market

Physical Therapy Patients in USAverage 9 million per year

MVP Knee Injuries797,250 per year

Knee Replacements currently 600,000 per year Forecast to increase to 3,2 million per year by 2030

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Business Model and Pricing

LaunchPatient pays for:Subscription service fee for each month of $8 with initial sign up fee of $20. Lease of wearable $50 a treatment course. Physical Therapist pays for:Patient tracking $5 per patient with first five patients free.Industry AdoptionInsurance pays $70 for each treatment course. Lease of wearable $50 a treatment course.

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Patient Projections

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Revenue Projections

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Competitive Landscape

Automatic Tracking

Accuracy Measurement

PT Interaction Exercise Videos Exercise Diary

PTTrack ✓ ✓ ✓ ✓ ✓

BlueJayPT ✓ ✓ ✓

PhysPrac ✓ ✓

Physical Therapy:Injury Rehab ✓ ✓

Current Manual Tracking ✓

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Progress

Patent application in process-Building Advisory Board -

Sharon Conner - UCDavis Telemedicine RNUCDavis Med Center Physical Therapy

Dept.Additions to Team -

Katherine Mathes - Sales/Marketing Mgr

-Tech Professionals -Financial Accounting

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Summary and Next Steps

Continue to add more Advisors and Team Members

Complete development phase and begin Prototype

Get reimbursement approval from Insurance Companies

Engage with Insurance company investment and other investors