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FARMOSA
H-Farm, 20/09/2016
Mario Costanzo CFO - mario.costanzo@farmosa.it
MEDICAL ERRORS
Expensiveness
—
€ 15 billion each year in
Europe
Frequency
—
It affects 15% of
hospitalized patients.
Over one in 10 patients
€
THERAPEUTIC ERRORS
Incorrect
administration
of drugs
Physician
Incorrect
prescriptions
Nurse
30% is determined by substantial medical errors from incorrect prescriptions of drugs or doses
administrated by physicians and nurses
ACTUAL SOLUTIONS
• Organizational models (to
prevent errors)
• Checklists
• Periodic training
• Documentation release
Healthcare Risk Management
Actions Professionals
No monitoring or survey of
the errors
Poor results due to old
habits, and staff hastiness
WHYTHEY FAIL
An affordable ready-to-useTablet App that tracks Medical prescriptions and
administrations without errors
OUR SOLUTION: FARMOSA
Synced with drugs warehouse
Effortless
Faster than any other method, including paper
Errorless
The exact medical prescription for
each patient
It knows how many pills are consumed
from each box
HOW IT WORKS
First Step
Farmosa creates a
virtual warehouse of
each department and
makes it available to
the CPR system
Second Step
Physicians fill each day
their patients’CPRs and
make them available to
nurses
Nurses administer the
therapies indicated in
the CPRs and confirm
Fourth Step
The administered
therapies update the
virtual warehouse and
fill a preorder Fifth Step
The hospital’s
Management monitors
the whole process and
controls consumptions
and costs
Third Step
FEATURES
All info on health
activities related to
patients is stored
encrypted and
protected
Privacy compliant
Both drug
prescription and
administration are
handled via tablet
Tablet ready
No installation required
in the hospital server.
Cloud based, all you
need is an internet
connection
Easy to set up
Economically
sustainable for any
hospital and clinic
Affordable
CORE BENEFITS
Nurse
Physician Hospital
Safe prescriptions with no errors
Physicians
Less work. Each department saves 800 hours of work
per year
Nurses
Less costs in term of legal actions
and less hospitalization time with therapy optimization
Hospitals and clinics
A majority of world’s nations (80%) are facing major
challenges when it comes to proper services in
healthcare combined with reducing expenditure
MARKET: MOBILE HEALTH
2019
2016
2021
19B
44B
64B
• Need to reduce healthcare expenditure
• Global devices penetration
• 3G & 4G networks
Solid drivers
+237% from 2016 to 2021
Amazing growing rate
Key players have not yet figured out how to
increase their revenues.
Not fully understood
stats provided by statista.org and mordorintelligence.com
COMPETITORS
Risk Management
Easy to set up
Cloud based
Tablet Ready
Collaborative
FarmosaFeatures MTBC Taleteweb wHospital
WHAT WE’VE DONE…
Founding of the company.
Testing and validation of the idea
June 2015
Winner of WCAP 2015 grant.
Start of Acceleration program
July 2015
Prototype ready.
Start of Testing in two hospital departments in
Rome
October 2015
End of testing period.
Final version of Farmosa 1.0 ready to go.
First paying client, A 240bed hospital
June 2016
…IN LESSTHAN 18 MONTHS
We have closed our second contract with a public
hospital. We’re serving 320 beds in total. We closed
two partnership that help us selling Farmosa. We’re
constantly working on our selling and growth metrics.
Today
NOW WE’RE HERE
Price
€ 110,00
CAC
€ 35,00
Revenue
€ 60,000
TIM, Federsanità
Partnership
OUR MASTERPLAN
First step
Our amazing game-changing
app that makes no mistakes
Final goal
An health big data analysis
software that suggest the best
possible therapy for each
patient
Farmosa 1.0 Big Data
Next step
An affordable easy to config tablet app for
patient’s CPRs tracking in hospitals and
clinics
Full Digital medical
records
HOW WE REACH IT
0/3 months
Development
4/8 months
Testing
9 months
Kick off
Farmosa 2.0
Full CPR, SAAS for
tablet and PC ready,
sustainable and easy to
use
TEAM
Noemi De Santis
Founder & CEO
Mario Costanzo
Founder & CFO
Benedetta De Santis
Founder & ICTO
Raimondo Albinati
Founder & User XP manager
Andrea Regazzo
Founder & Art Director
Giacomo Farneti
Hired Developer
Health mkg and communicaton expert Lawyer Backend senior software Architect Front end Designer
Backend senior DEVUI Specialist
THANKS
Via Oslavia, 39/B
00195 Roma
mario.costanzo@farmosa.it
comunicazione@farmosa.it
Office Phone: 0664564331
Direct: +39 3395800372
Address
Telephone
Contact info
Email

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Farmosa: la startup che abbatte l'errore in terapia

  • 1. FARMOSA H-Farm, 20/09/2016 Mario Costanzo CFO - mario.costanzo@farmosa.it
  • 2. MEDICAL ERRORS Expensiveness — € 15 billion each year in Europe Frequency — It affects 15% of hospitalized patients. Over one in 10 patients €
  • 3. THERAPEUTIC ERRORS Incorrect administration of drugs Physician Incorrect prescriptions Nurse 30% is determined by substantial medical errors from incorrect prescriptions of drugs or doses administrated by physicians and nurses
  • 4. ACTUAL SOLUTIONS • Organizational models (to prevent errors) • Checklists • Periodic training • Documentation release Healthcare Risk Management Actions Professionals
  • 5. No monitoring or survey of the errors Poor results due to old habits, and staff hastiness WHYTHEY FAIL
  • 6. An affordable ready-to-useTablet App that tracks Medical prescriptions and administrations without errors OUR SOLUTION: FARMOSA Synced with drugs warehouse Effortless Faster than any other method, including paper Errorless The exact medical prescription for each patient It knows how many pills are consumed from each box
  • 7. HOW IT WORKS First Step Farmosa creates a virtual warehouse of each department and makes it available to the CPR system Second Step Physicians fill each day their patients’CPRs and make them available to nurses Nurses administer the therapies indicated in the CPRs and confirm Fourth Step The administered therapies update the virtual warehouse and fill a preorder Fifth Step The hospital’s Management monitors the whole process and controls consumptions and costs Third Step
  • 8. FEATURES All info on health activities related to patients is stored encrypted and protected Privacy compliant Both drug prescription and administration are handled via tablet Tablet ready No installation required in the hospital server. Cloud based, all you need is an internet connection Easy to set up Economically sustainable for any hospital and clinic Affordable
  • 9. CORE BENEFITS Nurse Physician Hospital Safe prescriptions with no errors Physicians Less work. Each department saves 800 hours of work per year Nurses Less costs in term of legal actions and less hospitalization time with therapy optimization Hospitals and clinics
  • 10. A majority of world’s nations (80%) are facing major challenges when it comes to proper services in healthcare combined with reducing expenditure MARKET: MOBILE HEALTH 2019 2016 2021 19B 44B 64B • Need to reduce healthcare expenditure • Global devices penetration • 3G & 4G networks Solid drivers +237% from 2016 to 2021 Amazing growing rate Key players have not yet figured out how to increase their revenues. Not fully understood stats provided by statista.org and mordorintelligence.com
  • 11. COMPETITORS Risk Management Easy to set up Cloud based Tablet Ready Collaborative FarmosaFeatures MTBC Taleteweb wHospital
  • 12. WHAT WE’VE DONE… Founding of the company. Testing and validation of the idea June 2015 Winner of WCAP 2015 grant. Start of Acceleration program July 2015
  • 13. Prototype ready. Start of Testing in two hospital departments in Rome October 2015 End of testing period. Final version of Farmosa 1.0 ready to go. First paying client, A 240bed hospital June 2016 …IN LESSTHAN 18 MONTHS
  • 14. We have closed our second contract with a public hospital. We’re serving 320 beds in total. We closed two partnership that help us selling Farmosa. We’re constantly working on our selling and growth metrics. Today NOW WE’RE HERE Price € 110,00 CAC € 35,00 Revenue € 60,000 TIM, Federsanità Partnership
  • 15. OUR MASTERPLAN First step Our amazing game-changing app that makes no mistakes Final goal An health big data analysis software that suggest the best possible therapy for each patient Farmosa 1.0 Big Data Next step An affordable easy to config tablet app for patient’s CPRs tracking in hospitals and clinics Full Digital medical records
  • 16. HOW WE REACH IT 0/3 months Development 4/8 months Testing 9 months Kick off Farmosa 2.0 Full CPR, SAAS for tablet and PC ready, sustainable and easy to use
  • 17. TEAM Noemi De Santis Founder & CEO Mario Costanzo Founder & CFO Benedetta De Santis Founder & ICTO Raimondo Albinati Founder & User XP manager Andrea Regazzo Founder & Art Director Giacomo Farneti Hired Developer Health mkg and communicaton expert Lawyer Backend senior software Architect Front end Designer Backend senior DEVUI Specialist
  • 18. THANKS Via Oslavia, 39/B 00195 Roma mario.costanzo@farmosa.it comunicazione@farmosa.it Office Phone: 0664564331 Direct: +39 3395800372 Address Telephone Contact info Email