“Unlocking data in healthcare” An Introduction to the vitaTrackr “data marketplace” communicating health™ We really have come a long way with IT in healthcare… “The job could not have been done without our having planned ahead for conversion of the benefit payment process from punchcard to electronic processing. “ The decision has been made that we will maintain the records… centrally… so that they will be available… regardless of where the person moves and so we can rapidly give the information that is needed on such matters as prior use of services. Implementation of Medicare A Chart Presentation to the Cabinet of President Lyndon B. Johnson By Robert M. Ball Commissioner of Social Security May 1966 vitaTrackr Introduction - Washington, D.C. Health 2.0 8/1/13 ©2013 vitaTrackr Inc.. All rights reserved. Proprietary and confidential. Circa 1966 “This, of course, could not have been done until recently…when the Internal Revenue Service’s data processing development had reached a point where tape matching was feasible.” 2 communicating health™ I mean…when was the last time you saw something like this in healthcare? vitaTrackr Introduction - Washington, D.C. Health 2.0 8/1/13 ©2013 vitaTrackr Inc.. All rights reserved. Proprietary and confidential. 3 communicating health™ Or perhaps this… vitaTrackr Introduction - Washington, D.C. Health 2.0 8/1/13 ©2013 vitaTrackr Inc.. All rights reserved. Proprietary and confidential. 4 communicating health™ Seriously, we have come a long way… But there is “one” area that could be improved… vitaTrackr Introduction - Washington, D.C. Health 2.0 8/1/13 ©2013 vitaTrackr Inc.. All rights reserved. Proprietary and confidential. 5 communicating health™ The aggregation and movement of data associated with an individual health consumer Primary Care Worksite Screenings Specialty Care Wearable Monitors Urgent Care Implantable Monitors Retail Clinics In-home Monitors Acute Care “Coached” Programs A multitude of possible points of “data creation”, further complicated by various locations, states, countries” vitaTrackr Introduction - Washington, D.C. Health 2.0 8/1/13 ©2013 vitaTrackr Inc.. All rights reserved. Proprietary and confidential. 6 communicating health™ The vitaTrackr “Health Data Marketplace” Sources of health data creation Destinations for health data Category 1: Self-service bio-metric data -Retail locations -Worksite locations Consumers Tens of thousands of locations across the country vitaTrackr Marketplace Functionality: Category 2: Personal Device data Tens of thousands of devices and apps used by millions across the country • An industry utility that “simply” moves data; • All data is aggregated to an individual and made available to consumer authorized destinations • Health Plans A single data feed is provided to destinations, aggregating all authorized data into the destinations pre-defined data structure Category 3: Clinical data Hundreds of thousand of physicians, clinics, labs, health systems Wellness companies Providers An independent, solution for unleashing the power of data in healthcare vitaTrackr Introduction - Washington, D.C. Health 2.0 8/1/13 ©2013 vitaTrackr Inc.. All rights reserved. Proprietary and confidential. Research 7 communicating health™ So what is vitaTrackr doing? Organizing a data market in healthcare • vitaTrackr connects health data sources, (sellers) to data destinations, (buyers). • A financial settlement engine reconciles the economics of the transaction. • Leveraging market dynamics and creating a sustainable business. vitaTrackr enables the “network effect” in healthcare vitaTrackr Introduction - Washington, D.C. Health 2.0 8/1/13 ©2013 vitaTrackr Inc.. All rights reserved. Proprietary and confidential. 8 communicating health™ vitaTrackr is far from revolutionary Social Media Shopping Banking/Finance and the grand-daddy of them all, communications The Network Effect, aka “Metcalfe’s Law - n² vitaTrackr Introduction - Washington, D.C. Health 2.0 - 8/1/13 ©2013 vitaTrackr Inc.. All rights reserved. Proprietary and confidential. 9 communicating health™ Why vitaTrackr? Moving data is all we do. We compete with no one. We accept any qualified data source; we feed any authorized destination. We utilize a proven business model, (Visa/Mastercard) “We don’t deliver care, we make care delivery better and cheaper”. No existing entity can fulfill this function; every organization with an existing business is competitively conflicted from performing this function vitaTrackr Introduction - Washington, D.C. Health 2.0 8/1/13 ©2013 vitaTrackr Inc.. All rights reserved. Proprietary and confidential. 10 communicating health™ Status and Evolution Demonstration program live - Idaho Advisory board in place Forming industry consortium Phase 1 Keep it simple Phase 2 Add devices Phase 3 Get clinical vitaTrackr Introduction - Washington, D.C. Health 2.0 - 8/1/13 ©2013 vitaTrackr Inc.. All rights reserved. Proprietary and confidential. 11 Thanks for listening, let’s talk after the presentations! Brian J. Baum Founder, CEO [email protected] 410.404.8423 www.vitaTrackr.com vitaTrackr Introduction - Washington, D.C. Health 2.0 - 8/1/13 12
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