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Hello Health Pri-Med South 2010 Slides
- 1. Hello.
- 2. About us The problem as we see it The promise of Hello Health How it works How much it costs The prot picture Your next steps Let s talk
- 3. How happy are you?
- 4. The problem as we see it Cash Quality ow of care Time per Time patient for you Time on Capacity paperwork limitations
- 5. The promise A better market A better system A better experience A better outcome It s time.
- 7. Power to the platform.
- 10. Top 5 features and benets Online scheduling Time-savings Secure email Patient satisfaction Charting Documentation ease Virtual visits Waiting room reduction Credit cards Improved cash ows
- 13. Getting to direct pay ““It's expected that by 2012, consumers will spend more than $350 billion out of pocket for health care, either because they don't carry insurance or because their insurance has cost-sharing provisions like deductibles and co-insurance that keep premiums low. Because this group is paying for their own care, they tend to look for value. And as the rms and services described above illustrate, consumers' demand for good value in health care is being met with a growing supply.”” - William Snyder, Platte Institute and the Heartland Institute
- 14. The direct pay market Currently $250 billion $350 billion by 2012 Double the combined revenues of: + + +
- 15. The Exploding Cost of Coverage Total health insurance cost (including out-of-pocket expenses) per employee for large employers for 2001, 2009 and projections for 2019 Source: ““Health Care Reform: The Perils of Inaction and the Promise of Effective Action””, A report to Business Roundtable by Hewitt Associates LLC, Sept 09
- 16. Exploding costs Far outpacing employer protability Must offset costs to employees
- 17. The future is higher deductibles The future is direct pay
- 18. Population with high deductible insurance plan
- 19. 90% of the population has an insurance plan with a $5K deductible 80-90% of people will spend cash on the rst $5K
- 20. Let it ow.
- 21. When people spend their own cash, they will expect: Transparency Efciency Familiar communication tools Convenience Value Choice
- 22. When people spend their own cash they will expect:
- 24. You are not alone.
- 26. Practice Outreach Program Component #1: Your Practice Hub Doctor-branded website
- 27. Practice Outreach Program Component #2: Hello Health Marketing Kit Postcard Templates Print Ad In-Practice Collateral Templates In-Practice Signage
- 28. Practice Outreach Program Component #3: Service and Support Model
- 30. A little seed money.
- 31. The Start! Fund An optional source of capital $5,000,000 pool Line of credit available for qualifying Hello Health start ups and converting practices Amounts range from $50,000 to $150,000
- 32. The Start! Fund 6% interest rate Simple application process enabled by your practice consultant Payback terms are based on practice cash ow and allow for participating physicians to draw a $120,000 annual salary while the line is in use
- 33. The Start! Fund The typical term is projected to be 18 months with a monthly payback schedule based on cash ow and negotiated with each Start! Fund recipient
- 34. About us The problem as we see it The promise of Hello Health How it works How much it costs The prot picture Your next steps Let s talk
- 35. How much it costs No annual license or start up fees required 7% of gross revenue charged through the Hello Health platform annually Brand support toolkit elements are included Access to the Start! Fund available Dedicated practice consultants provided
- 36. The prot picture Direct pay = 20 - 40% prot margin improvement Platform = 20% reduced patient Centered administrative costs Fee structure (membership and FFS) custom to your practice Take home pay = 40 - 60% increase
- 39. A better market A better system A better experience A better outcome It s time.
- 40. For a demo, visit booth #909 Q&A physicianfreethyself.com | hellohealth.com