Remedium I.D.Remedium I.D.““Medical records in your Medical records in your handshands””

Our Mission at Our Mission at RemediumRemedium

Providing insurance companies with a premium Providing insurance companies with a premium healthcare technology service and to utilize healthcare technology service and to utilize cloud based software with advanced cloud based software with advanced thumbprint scanners in order to unify hospitals thumbprint scanners in order to unify hospitals to improve patient treatment options and to to improve patient treatment options and to shorten waiting times by retrieving medical shorten waiting times by retrieving medical records fasterrecords faster

Healthcare Technology Healthcare Technology MarketMarket

Relatively newRelatively newCurrent market is expanding Current market is expanding

EHRs (Electronic Health Records)EHRs (Electronic Health Records)Data organizers that help with research Data organizers that help with research based concernsbased concerns

PHASE IPHASE I

Remedium I.D.Remedium I.D.

Insurance companies Insurance companies

BusinessesBusinesses

ConsumersConsumers

Make our service Make our service available to available to insurance insurance companies for companies for their policy-their policy-holdersholders

PHASE IIPHASE II

RemediemumID RemediemumID Cloud SoftwareCloud Software

Make our thumbprint Make our thumbprint scanners and our software scanners and our software available for hospitalsavailable for hospitals

Partnership with Partnership with Kinetic CommunicationsKinetic Communications

CompetitionCompetition

CompanyCompanyMy My

HealtheVeHealtheVett

MedMiningMedMiningGeisingeGeisinger Health r Health SystemSystem

Technitians Technitians (HMR)(HMR)

ConsCons

•In-person In-person authorizationauthorization

•Only portions of Only portions of records are records are accessibleaccessible

•Takes at least 10 Takes at least 10 daysdays

•Constant Constant checking for checking for

status of status of applicationapplication

•Lengthy interview Lengthy interview processprocess

•3 day process3 day process•4 step process4 step process

•Fixed priceFixed price•Individual Individual activationactivation

only only

•186,300 jobs in 186,300 jobs in 20122012

•$16.42 per hour $16.42 per hour wage which leads to a wage which leads to a

yearly income of yearly income of $34,160 $34,160

•Expected 22% Expected 22% increase in HMR increase in HMR Technician jobsTechnician jobs

Marketing ResearchMarketing ResearchOur target market includes the major healthcare Our target market includes the major healthcare insurance companies with clients in Birmingham, insurance companies with clients in Birmingham, Alabama. (ex: BlueCross BlueShield)Alabama. (ex: BlueCross BlueShield)2.1 million Alabamians have Blue Cross Blue 2.1 million Alabamians have Blue Cross Blue Shield.Shield.42 out of 94 hospitals use EHR in Alabama42 out of 94 hospitals use EHR in Alabama7,500 doctors and 98% of hospitals use Blue 7,500 doctors and 98% of hospitals use Blue Cross Blue ShieldCross Blue Shieldremediumid.yolasite.com

Dr. Tapan DaftariDr. Tapan Daftari

Financial OperationsFinancial Operations

Balance Sheet Phase 1Balance Sheet Phase 1 Balance Sheet Phase 2Balance Sheet Phase 2

Income Statements Income Statements

Income Statement Income Statement Phase 1Phase 1

Income Statement Income Statement Phase 2Phase 2

Future DirectionsFuture Directions12 years12 years

4 years4 years

1 years1 years2 years2 years

BirminghamBirminghamAlabamaAlabama

South EastSouth East

Nation wideNation wide

Conclusion Conclusion Phase IPhase I

Insurance subscriptionInsurance subscription

Phase IIPhase II

Hospital Hospital

PricingPricing

SubscriptionSubscription

$90 per person in for a policy$90 per person in for a policy

$50 for group policies$50 for group policies

Software/ThumbprintSoftware/Thumbprint

Free scannersFree scanners

Software for $35,000Software for $35,000

Works Cited

"American College of Physicians: Internal Medicine — Doctors for Adults ®." ACP Observer, September 2004. Web. 18 June 2014.

"Anatomy Of An Electronic Health Record Zero-Day." Dark Reading. Web. 20 June 2014.

"Fast Facts on US Hospitals." Fast Facts on US Hospitals. Web. 19 June 2014.

"Hacking Electronic Health Records." InformationWeek. Web. 20 June 2014.

"Health Insurance in the United States." Wikipedia. Wikimedia Foundation, 19 June 2014. Web. 20 June 2014.

"Healthcare 411." Primary Care Workforce Facts and Stats. Web. 20 June 2014.

"Healthcare 411." Primary Care Workforce Facts and Stats. Web. 20 June 2014.

Herper, Matthew. "These Graphs Show How Fast Hospitals Are Adopting Computers -- And How Far They Have To Go." Forbes. Forbes Magazine, 10 July

2013. Web. 20 June 2014.

"How to Become a Medical Records Technician." InnerBody. Web. 20 June 2014.

Klebanow, Ken, Dr. "The Business of Medicine 101." American Academy of Pediatrics. Web. 20 June 2014.

"MedMining CEO's Message." MedMining. Web. 20 June 2014.

"Providers." Blue Cross and Blue Shield of Alabama :. Web. 20 June 2014.

"Thumbprint Scanners." Digitalpersona. Web. 20 June 2014.

"The Top 100 EHR Companies (Part 1 of 4)." Medical Economics. Web. 20 June 2014.

"Trademarks." Trademarks. Web. 20 June 2014.

Wikipedia. Wikimedia Foundation. Web. 20 June 2014.

Wikipedia. Wikimedia Foundation. Web. 20 June 2014.