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@medmehealth
Proactive, Preventative, and Personalized Pharmacy Care.
Strictly Confidential © 2020 MedMe Health
Purya S.Health Informatics
CEO + Chief Information Officer
Rui S.Pharmacy
Chief Clinical Officer
Nick H.Engineering + Design
Chief Product Officer
C O - F O U N D E R S
The $1 Trillion pharmacy market
is shifting.Disp
ensing
80%
Clinical Services
With Amazon delivering meds, and automation, pharmacies are at risk and
could lose 80% of their revenue that's traditionally from selling drugs.
Clinical Services
Pharmacies need to focus on what makes them indispensable: Caring for patients.
Monitoring Chronic Conditions
Administering Vaccinations
Point-of-care Testing
Prescribing/Adapting Medications
Including:
But current pharmacy software was only built to sell drugs.Dated software and manual tools make it very difficult and unprofitable for pharmacists to care for their patients scalably.
Patient care software for pharmacists to provide Clinical Services at scale.
Strictly Confidential © 2020 MedMe Health
Strictly Confidential © 2020 MedMe Health
P R O D U C T
Integration with Pharmacy
SoftwarePrevent double-entry of patient
information
Documentation Automation
Virtual Care Automated Follow-Ups
Significantly reduce the time required to complete billing documentation
1-click set-up for automated text and email follow-ups
Schedule secure video calls or messaging on any browser (desktop/mobile)
Clinical Decision SupportAlgorithms to auto-flag clinical service opportunities based on patient medical profile
Online Scheduling
Flexible appointment types / availabilities + reminders
Short Sales CycleMore chronic patientsMost at Risk
$150M/yr@Our current pricing
We’re starting with...
$15billion
GLOBAL PHARMACY SOFTWARE
@
14% CAGR
25,000SPECIALTY
PHARMACIES
Before expanding into...
Strictly Confidential © 2020 MedMe Health
T R A C T I O N
Q1 20’ Q2 20’ Q3 20’ Q4 20’
21 LOIs Signed with PharmaciesConditional contracts upon full product launch
Product LaunchCurrently launching to 21 pharmacies by end of July 2020 in ON, AB, and SK
PRODUCT ROADMAP
B2B Telemedicine + scheduling + patient communication/ trackingPatient Video Call + Messaging Platform
$40k
4 Co-Design Paid Pilots
Pharmacies in travel medicine &
compounding
OPA FeatureFeatured by the Ontario
Pharmacists Association in their “Virtual Guide for
Pharmacists” to 11,000 members
Inbound Enterprise Pilots
Signed agreements for 12 pilots, interest representing
3500+ pharmacies
$42k $70k $500k AngelPre COVID-19
$100k
Pivot toB2B SaaS
$500k Institutional
Launch to 2 Enterprise (to be disclosed)
Rolling out COVID + Flushot module to 2 Enterprises
across Canada
Stanley S.Front-End Lead Dev
Roger SimardFounder of Conceptis Tech, theheart.org (acq’d by WebMD)
Jauher AhmadMulti-Pharmacy Owner + UofT Professor
Atul GoelaDirector @ Sun Life + ex-GreenShield
T E A M A D V I S O R S
Sean SimpsonMulti-Pharmacy Owner + Ontario Pharmacists Association
Supported By:
Strictly Confidential © 2020 MedMe Health
Kalai S.Back-End Lead Dev
Jeffrey P.Front-End Dev
May Z.Michelle Y.Yifan Z.Matt L.Ashrin J.
Pharmacy Students
Banner Transformation Support digitization & physical transformation of pharmacies
(% overall revenue cut)
Strictly Confidential © 2020 MedMe Health
B U S I N E S S M O D E L
ServiceFor independent pharmacies who
want to staff MedMe pharmacists for clinical services
$220-450 / month / pharmacy
Core platform for all pharmacy applications to integrate into for
a % fee - taking advantage of MedMe’s patient records, databases, calendar, and
notification features.
MedMe OSThe new operating system for
pharmacies
Software provided in modules with different specializations
such as travel health and compounding based on need
1
2 Based on usage1 Will depend on results from pilot
SaaSFor pharmacies & pharmacy
enterprises
Present Future
Enterprise ServiceFor employers / insurers
(i.e. $X~XX/ employee/ month)
Digital Health PartnersLicensee (eg. Omada Health), Referrals
(eg. Inkblot)
To Validate
API Fees & IntegrationsHealth peripherals (Apple watch), remote
monitoring devices (blood pressure), digital therapeutics, EMRs/EHRs
F U T U R E R O A D M A P
Automated Follow-ups, Med Review, Minor Ailments, GS Card. etc. Flu Shot
Open API + Interoperability
Continue Team Growth
# of Appointments per Pharmacy
Head of Sales
3 Dev Teams (~18)
Pharmacy CRM with patients
Q3 20’ Q1 21’ Q3 21’ Q1 22’
FEATURES B2B Telemedicine + scheduler
Launch to 500 pharmacies across Canada via COVID Test and Flu Shot modules to get pharmacies familiar with appointment-based services
Launch to 1 US State (~5 pharmacies)To show ability to navigate US data regulations + validate growth potential
$100k MRR Series A$1M Institu. $270k MRR
HIRING
2 Dev Teams (~12)1 Full Dev Team (6)
Growth + Policy
Customer Success Team (~1 per 200 ph, becoming more automated with time)Account Manager (1-2)
$30k MRR
Launch New $$-generating Modules and Features
To get pharmacies using appointment- based services continuously beyond Flu
season + increase MedMe’s pricing
1st Cohort of 5 API PartnersTo validate if there are other healthtech companies interested in MedMe’s data and features, and build out our API with them
KPI
$500k Angel
COVID TestMODULES
# of Pharmacies
Launch to 1 US State (~5 pharmacies)To show ability to navigate US data regulations + validate growth potential
% increase + % share of Appointment-based Revenue of Pharmacy
Strictly Confidential © 2020 MedMe Health
F U N D I N G
$1MSeed
(Aim to close Q4 2020)
Seed funding will give us 18 months of runway to expand across Canada with new product modules ($300-$500/month), explore additional business model, and explore
expansion to US to hit $300,000 MRR (800~1000 pharmacies):
Use of Funds
● Software DevelopmentWages for 2~3 development teams, Drug database API, Software (i.e. hosting, SaaS)
● Founder Wages
● Sales & Customer SuccessSales + Account Manager salaries, virtual conferences, content marketing & advertising
● AdministrativeLegal/Regulatory, Accounting, etc.
Strictly Confidential © 2020 MedMe Health
To enable adaptive treatments and foster truly proactive, preventative, and personalized care.
O U R V I S I O N
Purya SarmadiCEO, MedMe Health
@medmehealth
Proactive, Preventative, and Personalized Pharmacy Care.
Category Our Advantage
Pharmacy Management Software(PMS)
PMS + EHR (General)
Online Pharmacies
*PMS - Practice Management Software Strictly Confidential © 2020 MedMe Health*EHR - Electronic Health Record
Pharmacy PMS only focus on billing + dispensing while MedMe directly facilitates
clinical services and patient communication.
Pharmacy Care Platform
Similar product without video call - US based and focused on negotiating better health plan
costs while MedMe helps practices directly generate more revenue.
They have scheduling, documentation, and billing only built for physicians.
They focus on dispensing services both B2C or with employers but lack clinical services and
physical locations.
P L A Y E R S
Telemedicine Software Secure video calls, but MedMe is not only much
simpler to use (link-based + no download required), but also facilitates the entire workflow.
For healthcare
Strictly Confidential © 2020 MedMe Health
Pharmacy Services Reimbursement
Medication Review $52 ~ $175
Immunization $7 ~ $20
Prescribe for Minor Ailments $6 ~ $25
Therapeutic Substitution $12 ~ $20
Refusal to Fill $9 ~ $20
Pharmaceutical Opinion $15 ~ $20
Smoking Cessation $16 ~ $300
Travel Consultation Out of Pocket ($45 ~ $60)
Pharmacogenomics, Cannabis Consultation Out of Pocket
C L I N I C A L S E R V I C E S O V E R V I E W
S C
O P
E
O F
P
R A
C T
I C
E
R E
I M
B U
R S
E M
E N
T S
Strictly Confidential © 2020 MedMe Health
C O M P E T I T O R S
Price (per user per month) $220-450 $30-70 $100-260 $200+
Video Conferencing
Appointment Scheduling
PHIPA-compliant PHI storage
Patient Consent
PMS Integration
Pharmacy Documentation
General Video Conferencing
General Telemedicine Software
For healthcare
Clinical Services Software
Some organizations sharing the same data architecture:
Protecting PHI is our highest-priority
● Canadian Servers● 2-factor Authentication
Access● Encrypted at rest and in
transit
Strictly Confidential © 2020 MedMe Health
P R I V A C Y + S E C U R I T Y
See our Privacy Impact Statement for more details.
Strictly Confidential © 2020 MedMe Health
B A C K - E N D A R C H I T E C T U R E
Strictly Confidential © 2020 MedMe Health
Strictly Confidential © 2020 MedMe Health
K R O L L I N T E G R A T I O N
Strictly Confidential © 2020 MedMe Health
Kroll Software
Patient Profile + Medication
List
Billing (Drugs + Clinical Services)
Inventory Management
Local SQL Server within the pharmacy
MedMe Software
Clinical Notes + Documentation
Virtual Care Platform
Flagging Algorithms
HIPAA-compliant Cloud Server1-way read-only
access through a MedMe export API
installed locally Generate PDF to local folder that can be
retrieved by Kroll for billing
*To prevent double entry of information, Pharmacists would only edit patient profile + medication lists in Kroll to ensure there’s only one source of data.