2 nd Annual Capital Markets Day Steve Curd CEO, Wanda, Inc. Bringing healthcare into the digital age
Digital platform for chronic disease management At the intersection of remote patient monitoring, predictive analytics, and advanced behavioral sciences 2016 Capital Markets Day
“Wanda has created a truly unique platform that engages the most critical variable – the individual. Wanda is the only platform that assesses how a person thinks, feels and behaves, and tailors the recommendation to that unique person. Being part of Wanda is being part of a revolution in healthcare, where the patient is the center, exactly the way it should be. ” Dr. Suzanne Steinbaum, Medical Director, Wanda 2 2
Who is Wanda? – Cloud-based platform – First target conditions: – $9m NetScientific funding company focused on congestive heart failure and to date management of chronic cancer , focused on the home health conditions health and provider markets – 20 employees, headquartered in San – Based on 12 years of R&D – Enables more intelligent and Francisco, led by Steve and $12M through the UCLA efficient clinical decision Curd (United HealthCare, Wireless Health Institute, with support , while engaging WebMD) ongoing UCLA relationship ; patients through mobile portfolio of covering data devices to empower them to capture, handling, processing, remain healthier and out of the and analysis; validated by a hospital 1,500 patient clinical trial demonstrating 90% prediction of hospitalizations 3
Wanda addresses four massive healthcare trends Individuals are taking greater personal accountability for Personalized Medicine their own care, driving demand for consumer- focused digital tools to assist them Care is being pushed to the lowest cost settings, leading to rapid growth in the technically underserved Value-Based Care professional home-centered care sector As we live longer and more active lives, the demand for cost-effective chronic condition management Aging Population is growing substantially Proliferation of low-cost wearables and mobile devices is increasing demand for data collection and analytics to Data to Insight create actionable insights 4
A serious global healthcare challenge Our focus is on chronic diseases Over 50% 133m people 45% of the American More than half the population have at least world population lives one chronic disease 2 with chronic disease 1 2. Partnership to Fight Chronic Disease, Wu S, Green A, A Projection of Chronic Illness and Cost inflation (2000) 1. National Center for Chronic Disease Prevention and Health Promotion (2015) 6
This huge healthcare burden could be greatly improved Revenue opportunities 86% Most of all the US health care spend is for people with chronic medical conditions $100bn 1 $89bn 2 $36bn 3 $322bn 4 Annual cost of Congestive Annual cost of cancer in US Annual cost of COPD in US Annual cost of diabetes in US Heart Failure in US 33% of cancer deaths These costs are expected $1 in $5 health care dollars 50% of all CHF worldwide are preventable to rise to $49bn by 2020 is spent caring for people hospitalizations are avoidable with diabetes 2. Drugwatch (2015) 3. American College of Chest Physicians (2014 1. Clin. Cardiol. 37, 5, 312-321 (2014) 4. American Diabetes Association (2015) Our initial focus conditions Future conditions 6
What has been missing? Full integration of three distinct technologies: Remote collection of patient vitals and symptom data Real-time predictive analytics Patient engagement and behavioral understanding Resulting in data which enables true understanding of disease trajectory 7
We are perfectly positioned The only company offering all the key digital health areas Tactio B2B and B2C Our technology is also deployed both business ZephyrLIF E to business and business to consumer HealthCatalyst CloudMEDX 8
The proven Wanda platform Personalized medicine meets Inline Analytics™ and advanced behavioral science 9
Key product highlights 10
Wanda CHF: Congestive Heart Failure Clinical Decision Support Software for managing patients with CHF outside of hospital to prevent unnecessary readmissions 25% of patients treated for heart failure (HF) are re-hospitalized within 30 days HF readmission cost is 17B/year in US: 20% of total Medicare expenditure in acute hospital care Remote monitoring has shown minimal benefit 50% back in hospital within 6 months Currently sent home on remote monitoring or nothing CHF affects 6m Americans 670,000 newly diagnosed each year Leading cause of hospitalization for over 65’s 11
Monitoring patients remotely without Wanda 12
Monitoring and engaging patients remotely with Wanda 13
It’s not just what we add, it’s what we take away Wanda was able to predict 90% of CHF readmissions within 1 week leading to them CHF hospital readmissions ...this clinical validation improve with Wanda... could of lead to: $13,000 $2.47bn Average hospitalisation cost per CHF patients Estimated cost 1,000,000 Average CHF hospital admissions per year savings if Wanda 19% Wanda reduction in is used for CHF readmissions 1,000,000 X 0.19 X $13,000 = $2.47bn * readmissions savings only 15
Business model SaaS model, payment per patient per month – High value targets: 12,000 5,000 Home health agencies Hospitals and health managing patients in systems managing their homes their own patients out of hospital 16
Proven commercial traction Health Resource Solutions Health Resource Solutions, Chicago-based home health agency, works with more than 1,000 patients/month, now using Wanda for its patients with CHF HRS is an early adopter among home health agencies turning to digital health to improve the post-discharge process, to gain competitive advantage $60/month/patient with an upfront $225/patient kit Estimated ramp up to >50 patients/month 16
Proven commercial traction Dignity Health Partnership with Dignity health, the 5th largest health system in the US, and the largest in California First release virtualizes tumor board process by enabling care team collaboration and decision support to improve quality of care for cancer patients Extend within Dignity Health, sign new system later in 2016. Expand relationships to include Wanda for other chronic conditions Include consumer on the platform to participate in decision processes, and to monitor recovery from chronic conditions 17
When coupled with a strong B2B strategy, a direct-to-consumer engagement provides three commercial values: 1 2 3 Immediate value for Credibility with other Advances richness at-risk organizations business to business of our data and managing the health prospects analytics capability of large populations How do we differentiate in the consumer health space? Focus first on women’s heart health. 18
Woman’s heart health 10x more likely to die from heart disease than breast cancer More women die from heart disease than men Two thirds of women who die from a heart attack have no history of chest pain Women’s hearts respond better to lifestyle changes than men’s Wanda is the first and only technology platform company to focus on women’s heart health 19 19
Wanda ‘the companion’ for women’s heart health Consumer facing brand focused on engagement, awareness and health management Engages the patient and encourages behavior change and personal accountability Empowering caregivers and loved ones to monitor leads to an improved quality of life 20 20
The Wanda Leadership Team Experienced industry experts Steve Curd Foad Dabiri, Ph.D Mark Heinemeyer Dr. Suzanne Steinbaum CEO CTO . CCO Medical Director . 21
Scientific Advisory Board: Guiding luminaries Prof. Majid Dr. Janki Shah Dr. Costanzo Jeff Moreland Dr. Clyde Wesp Sarrafzadeh DiPerna UCLA Computer Science. co- UCLA cardiologist & researcher; Medical Director Dignity Health CEO of Patient Engagement Executive Clinical Strategist at founder UCLA’s center for women’s heart health expert; Cancer Institute, Medical Advisors; medication adherence Jacobus Consulting; population SMART Health and a co-director Director of UCLA’s Women’s Director of chest disease; and patient engagement expert health, clinical decision support, of BRITE center on Minority Cardiovascular Health Program; COPD expert; Chief of thoracic and public health policy expert Health Disparities. 500 papers, Clinical Professor surgery co-authored 5 books, inventor, patent holder and company founder 22
We are focused on... Chronic disease management Aiming to improve patient quality of life, reduce hospitalization costs and increase the efficiency of care delivery Patented predictive analytics platform Analyses a variety of data sources from users in order to provide predictive insights to all parties involved in a patients journey Engaging health providers and patients Targeting home health providers and users directly with desktop and mobile applications Series A financing late 2016: up to $20m 23
Steve Curd Chief Executive Officer steve@yourwanda.com www.yourwanda.com 24 24
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