Patient Empowerment & Medication Errors - Tal Givoly CEO & Co-Founder, Medivizor @medivizor | @givoly
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Patient Empowerment & Medication Errors Tal Givoly CEO & Co-Founder, Medivizor tal@medivizor.com @medivizor | @givoly Copyright © 2014 1
Abandoning the Old for the Radically New When faced with a serious disease, patients are often in the dark about their disease in general, what the latest research says, and how it can apply to their individual disease progression. Going online to search for health information is almost a reflex now: over 70% of Internet users (and 88% of caregivers) look online for health information, and they are hungry for answers, so they go through dozens, sometimes hundreds of websites to gather the latest research, 1_Blank anything that can take publications, opinions, anecdotes, them closer to an answer. What if you could receive all the latest information about your specific situation directly by email? That’s what Medivizor proposes to bring to patients & caregivers for serious conditions. For free. Flattening medical knowledge from patient-generated content to scientific publications curated and edited for the general public. In ePatient Dave’s words: “clarity is power.” Copyright © 2014
Hear directly from Tal Givoly, CEO of Medivizor, how he envisions to transform healthcare by empowering patients with personalized, relevant and actionable knowledge. 15 minutes, right after last coffee break of the day Audience 1: - Digital Health professionals - Doctors 1_Blank Audience 2: (#140you) - People involved in health / fitness - Live on Twitter Objective of our participation at the event: • Quality coverage • User growth • Interesting partnership • More assets Copyright © 2014 • Path to money / investment
Key Messages • Not strong sales pitch • Personal story – tell the story of Lina. But this isn’t a story • The problems • Patient / caregiver • Overwhelming Lots of results • Difficult to figure out what to trust, what’s most current, what’s the latest breakthrough and what’s coming down the line • Not relevant • Not understandable • Difficult to keep up and stay abreast1_Blank • Difficult to talk about these issues with the doctor • MD • Express it also in numbers – people, $s, research papers - facts • The solution(s) • So let’s look at the aspects of the problem: • Volume of info • Trustworthy • Understandable • Timely (updates, not just search) • Dr-patient interface Copyright © 2014
• The challenges to overcome: • Too much information • Still not understood • Complicating the doctor-patient interface Medivizor Elevator pitch: 1. You all either experienced this or saw someone who has 2. Problem. 1. Overwhelming amount of irrelevant info. 2. Specific info hard to get to. What is info? Cutting-edge research. Clinical 1_Blankoptions. trials. Best doctor or medical institution. Treatment Community. And help, in general. 3. Pay walls. Must be phd to understand. Tough to find suitable for me. 4. Doctors. Also problem. Waste of time. Cannot process all new info. 3. Team: doctors and 4. We are live. Invitation only 5. Early access. Five medical conditions. Breast, prostate, and colorectal cancer, melanoma and diabetes. 6. Users love us. Bloggers and influencers rave about us. AnneMarie wrote "step aside... Epatornt Dave asked if we've better than IBM Watson 7. How we shall make money: referrals. Premium services. Licensing. Copyright © 2014
Scalable Medical Review Process Scientific research paper Medivizor’s interpreted summary (PhD Language, ~20 indecipherable pages) (~300 words, 9th-grade English) In a nutshell This study evaluated whether fatigue in the acute (immediate) phase following a stroke predicts physical and mental health outcomes. The bottom line In summary, this study showed that acute phase fatigue after a stroke predicts lower Human + Artificial physical health at 18-month follow-up. “Brains”: Combined The fine print Fatigue management should be included in clinical guidelines for stroke treatment and rehabilitation. Further studies should report whether treatment of acute phase fatigue contributes to a better recovery.
SOLUTION 2 1 Mary Collin 1 1 2 Jonathan Stern 2 3 Joe Smith 11 Sarah Grossman Daniel Green
SOLUTION 3D Health Profile™ Patented software Scalable medical a rich, dynamic, and (AI/ML) continuously expertise (teach, train, insightful patient mines realm of new author, interpret, profile medical information summarize, review) While not compromising patient privacy / security (HIPAA/GDPR compliant)
14 Medivizor supports over 600 conditions with a focus in serious & chronic illness Trusted by over 150,000 (additional conditions can be added in 60 days) members 94% 37% active recommend after >12 Medivizor! months Copyright © 2019 – Confidential & Proprietary
PARTNERS (distributing Medivizor) Hospitals & Clinics Non-Profits * Partial
PARTNERS
People Love Medivizor! Awards “Such a gift to patients!” ”This is fantastic!” “I needed this!” Medivizor Users “I am really impressed” “Wow! It’s amazing!”
Parent’s role as a virtual pace 1_Blank maker…
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Radically empowering patients “Medivizor made me aware that the medication my mother was prescribed, would be dangerous for her specific situation. The doctor didn’t consider her full list of additional conditions. After discussing with the doctor, he agreed, and changed her treatment plan.”
26 Impact: More engaged patients, fare better and cost less Item Total Cost (US Less Engaged More Engaged Money saved thanks to only) Patients Patients engaged patients: Patients readmitted to a hospital within 30 days of discharge $15.7B 28% 13% ~$2.36 billion saved Source: AHRQ1 Patients who experience a medical error $20B 36% 19% ~$3.4 billion saved Source: NIH2 Patients who suffer a health consequence from poor ~$0.61 billion saved communication $1.7B 49% 13% Source: CRICO Total: $6.37 billion saved from Source: AARP survey of patients over 50 with 2 or more conditions Engaged Patients (US Alone) Copyright © 2019 – Confidential & Proprietary
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32 Takeaway 1 Patients and caregivers can help 2 Educate and empower them 3 Listen to them! 4 There are tools to help, NOW, and soon Copyright © 2014
Thank you! medivizor.com / info@medivizor.com Let’s radically empowe patients! Copyright © 2014
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