Professional Documents
Culture Documents
Corporate Overview
September 2013
Shares Outstanding (FD) Market Cap ($0.36 share price at 6/30/2013) Net Cash (as at 6/30/2013) 2012 Revenue (2011 Revenue $4.8M) Institutional Ownership
Medworxx :: Highlights
Medworxx Patient Flow aids hospitals in cutting spending and increasing revenues; thereby optimizing hospitals utility and maximizing ROI Large near-term opportunity in Canada, US, and UK representing over 1,170,000 hospital beds and a $249M annual revenue opportunity Goal of becoming the de facto standard in hospital patient flow solutions
33% of Canadian acute care beds under license
Scalable growth with high-margin target markets Intellectual property fully developed with limited capex requirements Legacy Compliance & Education product suite generates consistent cash flow
Medworxx :: IT Solutions
Patient Flow Launched in 2008 Compliance & Education Launched in 2005 Learning Management
Independent patient assessment form Core framework established Flexible dynamic enables institution configuration
Monitors patient stay based on clinical assessment Real-time Improves discharge rates
Efficient bed management tool Real-time clinical status Optimizes resource use
$900B
annually in hospital care in North America
$49,500
loss per bed, per year due to inefficient patient flow*
$1,100 45
Challenge
Root of patient flow challenge too much variability in patients state and care
Solution
Reduce variability with daily clinical assessments under 3 minutes each patient
Result
Less system-wide drag Fewer inefficiencies
Clinical Assessments
for Real-time access to data demand and capacity Tracks management Discharge
Delays
Manage appropriate levels of care for every patient, every Tracks Bed day Gain 360 insights into the patient journey from admission to discharge
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+18% to 5.9%
Reduced medical unit ALC days from
Medworxx needs to be melted into every component of your organization. Diane Muscat Manager, Patient Flow & Clinical Utilization
More patients never having an RFD associated with their stay means more timely discharges and a better flow of patients. Jane Casey Director, Medicine Programs
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$15M
Annual Opportunity
$200M $34M
Annual Opportunity Annual Opportunity
$85M
Annual Opportunity
$17M
Annual Opportunity
12
142
Medworxx Licensed Beds
..
0.6%
Market Penetration
25,427
Medworxx Licensed Beds
..
45.8%
Market Penetration
79,005
Total Hospital beds
25,569
Market Penetration
33%
13
4
Provincial Agreements
..
135+
Patient Flow Hospitals ..
~27,500
Acute-care Beds Internationally
Expanding in USA
1,900
United Kingdom
Northwest Territories
Nunavut
142 2,692
British Columbia Quebec
8,500
Alberta Saskatchewan
7,980 0
Ontario
0
Newfoundland
1,970
Manitoba Prince Edward Island
Provincial & Regional Authorities Alberta Health Services Fraser Health Authority;Vancouver Coastal Health Authority, BC The Province of New Brunswick The Province of Nova Scotia
Select Hospitals Stevenson Memorial North Bay General Sault Area Hospital Sudbury Regional St. Michael's Woodstock General St. Thomas Elgin General Calgary Health Region Chinook Health Region
3,000 1,400
Nova Scotia
New Brunswick
David Thompson Health Region Deux Montagnes Palliser Health Region Peace Country Health 15 St. Joseph's General - Comox
Sales Strategy
Direct Model
Direct Sales Audits with or without partners
Indirect Model
Consultants / Partners ALSA Distributors
ALSA
Appropriate Length of Stay Audit Leverage the capability of and data from Medworxx patient flow without a full deployment
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If patients were clinically appropriate (or not) for the level of care they are receiving.
If patients were clinically ready for discharge or transition to an alternate level of care.
Barriers for each acute care hospital day beyond what is clinically necessary: segmented by hospital, physician, or community.
Reasons and details for each barrier or delay, such as services delays, observation days, and community placement issues.
25,000
20,000
# Beds
15,000
10,000
5,000
Beds
2007 7,531
2008 10,278
2009 10,920
2010 12,858
2011 21,252
2012 26,469
2013_Q2 27,578
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5.00
$ in Millions
4.00
3.00
2.00
1.00
2004 (1.00) 2005 2006 2007 2008 2009 2010 2011 2012
(2.00)
19
% 78
Non-recurring revenue
% 22
Consulting Services, 7%
20
21
Medworxx :: Leadership
Board of Directors
George Elliott, Chairman of the Board
Director, executive, advisor on long term financial strategies to numerous public companies President & CEO, Medworxx President & CEO at St. Thomas Elgin General Hospital Vice President of Corporate Strategy and Development, CIO at Sunnybrook Health Sciences Centre, Toronto Co-founder of Broadview Capital Management Inc. The Portable Executive; founder and former President & CEO of Dexit Incorporated Independent consultant; former Senior Partner with Ernst & Young 26+ years with Ontario Public Service; former member, Board of Governors of the Information Technology Association of Canada (ITAC)
Executive Team
Dan Matlow, President & CEO 20+ years experience in software sales, consulting, and development; Former VP of Healthcare Services Open Text; helped grow Corechange from $0 - $27M revenue with 70+ hospital customers in North America
Lori Frampton, MHS, RN, VP Patient Flow Process Improvement and Data Analysis
18+ years in senior healthcare management at Health Quality Ontario, Royal Victoria Hospital, Ontario MOHLTC. Certified Lean/Six Sigma Black Belt 25+ years in healthcare IT; former principal at Continuum, focused on product development, sales and support 10+ years in software development and implementations; former Director, Learning Development, Longview Solutions
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Medworxx :: Highlights
Medworxx Patient Flow aids hospitals in cutting spending and increasing revenues; thereby optimizing hospitals utility and maximizing ROI Large near-term opportunity in Canada, US, and UK representing over 1,170,000 hospital beds and a $249M annual revenue opportunity Goal of becoming the de facto standard in hospital patient flow solutions
33% of Canadian acute care beds under license
Legacy Compliance & Education product suite generates consistent cash flow
23