Redefining Care for Seniors and the Chronically Ill Gary German President & CEO New York, NY www.nonnatech.com @nonnatech garygerman@nonnatech.com
Demographic Trends The world s senior population will double in nearly 20 years: Today: 600MM 2037: 1,200MM
Problem: Older Adult Long Term and Acute Care Admissions - Cost of Care By the Numbers The 4 Main Diseases affecting older populations are depression, fractures and concussions due to falls, memory loss, and urinary incontinence. Women suffer more from these disabilities than men. Alzheimer s disease and other dementias now rank among the top 20 leading causes of global burden of disease. Urinary Tract Infections are the 2nd most common cause of infectious disease hospitalizations in adults aged 65 and older The UN estimates that the worldwide cost of dementia is over $600 Billion a year Sources: United Nations Centers for Disease Control and Prevention National Alliance for Caregiving Congressional Budget Office AARP
Solution: Nonnatech Individual Patients/Residents/Members: User Needs Assistance Screenshot Large Groups of Patients/Residents/Members Creates a pathway to lower level interventions, thus containing costs and reducing avoidable emergency department visits, hospitalizations, nursing home placements, and overall admissions to higher levels of care.
Solution: Nonnatech Allows for continuous monitoring of falls, wandering, and potential health risks such as Urinary Tract Infections, Sleep Apnea, Depression, and Dehydration Connected Health Devices Predictive Analytics Proactive Management of Disease Reduction of Hospitalizations and Nursing Home Admissions Tracks medication adherence, fluid intake, and Activities of Daily Living such as sleeping, eating, toileting, and socialization patterns
Nonnatech Sensors Bed Sensor Toilet Sensor Chair Sensor Incontinence Sensor Nonna Button Floor Sensor
Competitive Advantages No other company has integrated as many unique unobtrusive devices to provide real-time monitoring and automatic data transfer to clinicians, family members, and home care staff which can be passively collected (i.e., no self reported data) Our data has shown over 35% fewer ED visits, 14% fewer days in long-term care, and 7% fewer inpatient admissions in elderly and chronically ill individuals Savings of over $500 per patient per month (PPPM) 5x return on investment (ROI) per member Platform is device agnostic. Can support Z-Wave, Zigbee, ANT+, and Bluetooth Helps users control lights and appliances and does not require users to wear nor carry a device around
How We Create Value Assessments & Reports Chronic Disease Management Early Detection & Intervention Continuous Monitoring Connected Health Devices Predictive Analytics BENEFITS TO OUR HEALTHCARE PARTNERS Better Care Management Ability of individuals to remain in their current living environment for longer periods of time Reduced Admissions to Higher Levels of Care Increased Staff Efficiencies Increased Medication Compliance Higher caseload per clinician Greater Transparency
Business Model TIER 1 $89 /month/per user (billed monthly) 4 sensors - (2 sensors from Set I and 2 sensors from Set II) Set I sensors: Motion, Contact/Door, Siren, Power Controller, Water, Pendant, Temperature, Range Extender Set II sensors: Nonna Button, Bed, Chair, Toilet, Wifi Camera Additional sensors can be purchased for a 1 time fee of $49 from SET I and a 1 time fee of $99 from Set II TIER 2 $119 /month/per user (billed monthly) Use of offsite call center Triage and filter all incoming data into acuity levels (risk stratification) Evaluate patient generated data and make personal contact for assessment, when indicated Notifies individual s attending staff per set protocols Internet and 3G connectivity to seamlessly gather data
Our Team Gary German, Co-Founder & Chief Executive Officer Leads overall company vision, setting strategy for technical vision, market penetration, customer acquisition and business development Worked in healthcare, finance and co-founded real estate company handling acquisition, management, and disposition of multiple investment properties Dr. Bruce Baumgarten, Co-Founder & Chief Clinical Officer Won numerous commendations for excellence in clinical care and organizational efficiency while serving as CEO and President of large healthcare organizations Took a nearly bankrupt agency with a huge operating deficit and turned a profit for 4 consecutive years while increasing staffing from 68 to over 400 Jason Oliver, Chief Technical Officer Helps oversee product development, technology strategy, and manages company s IP strategy and solution architecture Has been part of successful exits selling a technology company he founded for over $30 million
The Opportunity Revenue Generating Patent Pending Anticipate awarding of the patent in early 2016 (application #14212423) Chosen to participate on the SmartAmerica Closed Loop Healthcare team launched by the White House Presidential Innovation Fellows and NIST Formed several strategic partnerships Achievements to Date Currently Raising $2,000,000 Use of Funds Following are milestones we will achieve with the financing: Commercialization of the combined IBM Watson/Nonnatech solution Expand on our rollout with Sprint, Verizon Wireless, and one of the largest distributors in the world. Finalize several of our pending partnerships with payors and providers
Thank You! Q&A info@nonnatech.com www.nonnatech.com @nonnatech 914-439-4288