Data Con LA 2022 - Startup Showcase
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The document summarizes how Aware Health can save self-insured employers millions of dollars by reducing unnecessary surgeries, imaging, and lost work time for musculoskeletal conditions. It notes that 95% of common spine, wrist, and other surgeries are no more effective than non-surgical treatments. Aware Health uses diagnosis without imaging to prevent chronic pain and has shown real-world savings of $9.78 to $78.66 per member per month for employers, a 96% net promoter score, and over $2 million in annual savings for one enterprise customer.
Data Con LA 2022 - Startup Showcase
- 1. Saving Self-Insured Employers Millions of Dollars Dr. Heidi Ojha, CEO
- 2. on orthopedic conditions each year
- 6. Musculoskeletal Cancer Diabetes Cardiovascular Hypertension 52% 45% 51% 33% 26% Payroll Self insured
- 7. 95% of these surgeries are no more effective than doing nothing. nothing.
- 8. Dr. Heidi Ojha | CEO Jim Jenkins | CTO
- 11. Decrease d lost work time by 10x 96% Net Promoter Score
- 12. Imaging leads to Surgery ‣ Mike twisted his knee hiking ‣ x-ray reveals "bone-on-bone" ‣ Schedules surgery even though it wasn’t the cause of pain! The Aware alternative ‣ Diagnosis: MCL sprain no need for imaging/surgery, pain resolves
- 14. 14 Employer 3 PMPM Employer 2 PMPM Employer 1 PMPM Nonuser vs Aware user PMPM ($) Non Users Aware Users $1.72 $4.91 $4.55 $45.09 $9.78 $78.66 PMPM ($) Real World Savings: 3 Data sets
- 15. $- $20.00 $40.00 $60.00 $80.00 $100.00 $120.00 $140.00 $160.00 MSK PMPM Cost WH PMPM Cost 2020 2021 2022 Started Full Aware Health Program PMPM Cost
- 16. Saved our enterprise customer Staywell over $2M/year
- 18. Paid Members
- 19. Paid Members ARR
- 20. Paid Members ARR Sales in our Pipeline
- 23. Diagnose without imaging Prevent chronic pain vs. treat it
- 24. Diagnose without imaging Prevent chronic pain vs. treat it Most savings 70% 20-30% 20-30% 20-30%
- 25. Together we can free millions of people from unnecessary surgeries. Heidi Ojha | [email protected]
- 26. Appendix
- 27. 64 studies show that the most common elective surgeries are no more effective than doing nothing. 50 63 75 88 100 Surgery Passage of Time Pain Improvement . Efficacy: Harris IA, Sidhu V, Mittal R, Adie S. Surgery for chronic musculoskeletal pain: the question of evidence. Pain. 2020 Sep;161 Suppl 1:S95-S103..