MedGate
Key Partners
Medical professionals/Health CoachesCould suggest/recommend our product/app to interested patients for helping them towards their health goals. Individually Insured IndividualsIndividuals who are not part of any group/employer provided insurance. Who usually do not have access to any sort of Wellness program. Pharmacies (CVS, Wallgreens)Provide Pharmacies with an opportunity to increase loyalty amongst existing customers & attract new ones. Parks & RecreationsThe SF Parks office regularly conducts many health & wellness programs. By partnering with the parks office we can encourage our users to participate in programs of their choice. Gyms & Fitness CentersAct as a marketplace for Gyms and Fitness Centers by providing access to interested consumers that will allow to choose according to their specific programs. |
Key Activities
Incentivize wellness (reward points/Cash back/Coupons)Encourage users and incentive them to lead a healthy lifestyle. Share medical info to insurance companiesProvide users with an opportunity to get gain rewards and wellness incentives by sharing their medical information with their insurance providers. Share recommend treatments/goals |
Value Proposition
Reduce Variable/Unknown Costs for Insurance CompaniesWith access to more patient medical information, insurance companies can better predict their effective costs for the current and future years. Allows for efficiently allocating funds and investing wisely to maximize their profits. Consolidated medical recordsHistorical record of all activities, tests, forms, etc. Access to standardized formsSaves time at doctor's office Allows users to easily track and maintain one’s healthOutperforms current alternatives that cannot provide access of past records. Access to personalized wellness activitiesOur product allows users to customize their programs by picking and choosing what suits them. Earn points, coupons, cash backBased on wellness completion and improved health/activities. |
Customer Relationships
Communities/ BlogsDedicated blogs that communicate to our user community on the different programs and steps that can help make healthy choices become a part of their daily lifestyle. Dedicated Personal AssistanceAccount executives with expert knowledge on customer activity will facilitate conversations with insurance companies and potentially create more data points to collect based on their interests Consultant/Self ServiceReview customer medical records and provide feedback on average data. That will allow us to provide custom recommendations to our users. |
Customer Segments
Insurance CompaniesAlmost all big insurance companies part of ACA or Obamacare. Privately Insured IndividualsIndividuals & small businesses |
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Key Resources
Fitness AppsElectronically sync data via personal fitness apps Input from medical professionals- standardize forms Legal & Tech AdviceConsult on HIPPA and technology on medical record transferring |
Channels
Direct Sales: Account ExecutivesFor insurance companies that want to access/purchase our data Marketing/AdvertisingApp stores:To get the app/service to customers Health/Wellness Magazines, Websites, BlogsTo communicate our services for people who are health/wellness conscious App/Web Based Direct SalesDirectly sell to customers through Apple Store/Google Play/Website Direct Sales/RecruitmentSimilar to class pass model, sign up organizations to validate points by participating individuals (gyms, etc.) |
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Cost Structure
Promotions/Discount Coupons/Rewards to Users on our PlatformWe will need to secure enough capital to run our incentive programs. This cost might decrease over the long term when we gain some leverage in negotiations with partners. Platform Development & MaintainenceCost to develop our app platform and a secure cloud database for holding all user data. Sales & Marketing TeamsNeed Sales & Marketing teams to work with the below segments - |
Revenue Streams
Subscription Service to Insurance CompaniesWe plan to provide an annual subscription based data mining service to our clients (insurance companies) and partners. Focused Marketing Strategy for FirmsWith the user data (NOT electronic medical records, but more promotional activities availed) available to us we can help firms create a focused marketing strategy and provide access to a user base to run their promotions on. |