FRISQ Company Presentation September 2018 Agenda 2018 2 Why we - - PowerPoint PPT Presentation

FRISQ Company Presentation

September 2018

2

• Why we are needed
• What we do
• Target market
• Business model
• Next steps

Agenda

2018

3

FRISQ Overview

What we do and why

Addressable Market:

• 70% of care staff and 50%
• f patients in Nordics is

relevant for FRISQ Care

• Globally scalable

Business Model:

• Health Tech company

that offers care plan SaaS solutions for care team and patients

• Primary customer group:

Care providers

• Sales primarily with

partners

Added Value:

1. Empowers and engages patients 2. Increases care team efficiency and reduces costs 3. Improves care

• utcomes

4

WHY WE ARE NEEDED

Hospital

Rehab

Occupational Health Primary Care

Psychiatry

Specialist Clinic

Su

• n

5

Fragmented system with patient in between

Why FRISQ Care is needed

6

33% 33% 33%

Other activities (meetings, training etc.) Direct patient contact Indirect patient work (medical records, referrals, etc.)

Up to 70% of documentation is duplicate information

Medical doctors spend only 1/3 of their time on direct patient contact

Why efficiency improvement is needed

Share of medical doctors’ working hours

7

Dramatic increase in Healthcare spend

Significant increase in Healthcare spend

400 800 500 700 600 22 07 17 16 10 18 24 25 05 06 23 08 09 12 13 14

710

15 19 20 21

645

11

Healthcare spend, Sweden

Billion SEK Extrapolated increase in spend GDP, 3,7% p.a.

Forecast Actual1 480

8

66bn 41bn 75bn

Other Patient engagement Structured ways of working

≈ 180bn

Potential Annual Savings from Digitalization ~180 bn SEK

Example Swedish Healthcare

9

WHAT WE DO

10

FRISQ Care FRISQ Patient EMR System 1 EMR System 2 EMR System 3 iHealth Digital scale Google Fit HealthKit FitBit

FRISQ offers a globally scalable solution

Electronic Medical Record (EMR) & Diagnosis independent

Care Provider Care Provider

Examples of Patient Groups relevant to FRISQ Care

Diabetes Pregnancy & Childbirth COPD Cancer Psychiatric health Reumatism Infection Hypertension

12

FRISQ’s Target Market

Recurring relationship with Healthcare

(morethan80% of spend)

Sporadic contact with Healthcare

(less than20% of spend)

Patients with mild healthcare needs, e.g. need for prescription for cold

>10

1

FRISQ targets +80% of Healthcare Spend

Two types of patient groups

• No. of E-health solutions in Sweden

Estimated cost ~ 70 bn SEK

Estimated cost ~ 330 bn SEK Targeted by FRISQ!

Technology

Care plan software for care team and patients generic for all diagnoses

• No. of E-health solutions on the global market1

Patients with larger healthcare needs, e.g. Chronic diseases, Rehabilitation, Pregnancy, Psychi- atric illness.

Technology

Solutions for steering patients right in system E.g. Video Doctor Services

14

FRISQ CARE Addressable Market - Nordics

Example

600 000 total # Healthcare staff in the Nordics

• 1. Assuming relevant to 70% of staff

= 420 000 users

• 2. For comparison, Electronic Medical

Records systems revenues usually 300-1000 SEK/month and user

15

A Multi-Billion Market Opportunity in Europe alone

Healthcare

600,000 care users ~10M care users >40M care users

16

1 https://www2.deloitte.com/content/dam/Deloitte/de/Documents/technology/CIO-Insider_Technology-budgets.pdf

The largest, but least digitalized industry

Healthcare

• Healthcare – The largest industry in the developed countries

(7-17% of GDP)

• In Healthcare, ~3% of total IT spend invested in digital
• solutions. (vs e.g. 7% in Banking and Securities)1
• To manage rapidly escalating Healthcare costs, a significant

investment shift is expected

17

Business Model and Next Steps

FRISQ has strong competitive edge

FRISQ

High barriers to compete

• 1. No other care plan application like FRISQ Care

in the world.

• 2. Complex underlying data model
• 3. Manages integrations with EMR providers

Globally Scalable

• 1. Language independent
• 2. Compliance with international healthcare

standards

19

< 5% of Swedish Health Tech companies are currently able to integrate with Elecronic Medical Records (EMR) systems*

Without integration, there will be double documentation and difficult to reach any volumes beyond pilot phase

Not integrated with EMR systems < 5% Integrated with EMR systems > 95%

* EMR systems used by publicly financed healthcare in Sweden

Integration with the Electronic Medical Record (EMR) systems

Very few Health Tech companies in Sweden have been able to integrate with the EMR systems

Primary Customer

20

Business Model

FRISQ

Care providers/payers

Revenue item Product License Integrations and Implementation Support Analytics Pricing model Monthly Fee per Care User Price per hour Pay per Service

Partnerships for Successful Scaling

FRISQ Electronic Medical Record Providers Implementation Consultants Technology Partners

22

5 10 15 20 17 32 10 11 19 16 14 12 13 15 23 18 20 21 22 24 25 26 27 28 29 30 31 33 34 35 Larger investments planned upcoming years IT spend Swedish Healthcare ~2,9%

• f total costs / 10 bn SEK per year

IT spend Swedish Healthcare expected to increase gradually to 3,5-4,5% of total costs

IT spend in Swedish Healthcare

Billion SEK

Significant increase in Healthcare spend

Example Sweden

23

FRISQ´s Next Steps

The Roadmap

• Build Sweden as a showcase

Fully commercialize 5-7 cealthcare cases Continue healthcare roll out Research/life science Insurance companies Other

• European expansion based on Swedish showcase

leveraging partnerships

• Global expansion

24