SempreHealth Pitch Deck

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Pitch Deck Template that gets you funded!

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Pitch Deck Details

Industry Healthcare
Raised $8M
Stage Series-A
Year 2019
Sempre Health is bringing dynamic pricing to healthcare. This allows patients to afford care for longer, which directly improves clinical outcomes / quality measures while reducing utilization / cost. Patients receive texts like, “If you fill your prescription today, you’ll pay $10. If you wait until next week, this could go back up to$30.” We parse millions of prescription records to identify unique patient behaviors. We use this data to predict and seamlessly deliver the right price for the right patient to every pharmacy in the country. At the same time, we’re generating the first ever real-world dataset on patient price sensitivities and cost behaviors. https://www.semprehealth.com




SempreHealth Pitch Deck

SempreHealth is a startup that aims to revolutionize healthcare through innovative technology. Our mission is to make healthcare accessible and affordable for everyone by incentivizing patients to adhere to their medication regimens.

We believe that non-adherence to medication is a significant problem in the healthcare industry. It not only leads to poor health outcomes but also adds to healthcare costs. Our solution is a simple yet effective one - we incentivize patients to adhere to their medication regimens by offering them discounts and rewards.

Our platform integrates with existing pharmacy and health plans for seamless access to patient medication records. Patients can track their medication adherence on our app and earn rewards for sticking to their medications. They can redeem their rewards at participating pharmacies, clinics or health stores.

  • Our unique business model ensures that our incentive program is self-funding.
  • We have partnerships with several leading pharmaceutical companies and health plans.
  • Our app has a user-friendly interface and provides patients with medication reminders and educational resources.
  • We have a strong team with extensive experience in healthcare, pharmacy, and technology.

Our target market is large - anyone who takes medication regularly. We plan to expand our services to other chronic conditions and preventive health measures in the future. We are seeing an increased demand for our services and have received positive feedback from our users.

Join us in our mission to make healthcare accessible and affordable for all.




SempreHealth Funding Rounds

SempreHealth is a healthcare technology company that provides solutions to help patients and healthcare providers manage medication adherence more effectively. Since its inception in 2015, the company has received funding from various investors in multiple funding rounds.

  • Seed Round: SempreHealth's seed round was led by Y Combinator in 2015. The company received a total of $120,000 in funding from Y Combinator and other investors such as StartX, Slow Ventures, and Liquid 2 Ventures.
  • Series A: SempreHealth's series A funding round was led by Ziegler Link Age Longevity Fund in 2017. The company raised $8.5 million in funding to support the development and expansion of its healthcare technology platform.
  • Series B: SempreHealth's series B funding round was led by Blue Venture Fund in 2019. The company raised $10.5 million in funding to enhance its technology platform and expand its services to more patients and healthcare providers across the country.
  • Series C: SempreHealth's series C funding round was led by Industry Ventures and included participation from existing investors such as Kaiser Permanente Ventures and The Westly Group. In 2021, the company raised $15 million in funding to support the growth of its business and further enhance its technology platform.

With the funding raised from these rounds, SempreHealth has been able to develop and expand its technology platform, as well as fuel its growth and expansion into new markets. The company's focus on improving medication adherence has proven to be a valuable solution for the healthcare industry, and its funding success reflects the confidence investors have in its product and services.




SempreHealth SWOT Analysis

SempreHealth is a startup in the healthcare industry that aims to improve medication adherence. Here is a SWOT analysis of the company's strengths, weaknesses, opportunities, and threats:

  • Strengths: SempreHealth has a unique and innovative technology that uses text messaging to remind patients to take their medications. The company also has a strong and experienced team of healthcare professionals who are dedicated to improving patient health outcomes.
  • Weaknesses: One weakness of SempreHealth is that its technology may not be accessible to all patients, particularly those who do not have access to a mobile phone or who are not comfortable with text messaging. The company may also face regulatory hurdles related to patient privacy and data security.
  • Opportunities: There is a growing need for medication adherence solutions due to the increasing prevalence of chronic diseases and the high cost of non-adherence to medication regimens. SempreHealth has the potential to expand its services to a wider range of patients and healthcare providers.
  • Threats: SempreHealth faces competition from other medication adherence solutions, as well as from traditional methods of medication management, such as pillboxes and written reminders. The company may also face challenges related to reimbursement and insurance coverage.

Overall, SempreHealth has great potential to improve medication adherence and patient health outcomes. However, the company will need to navigate regulatory and market challenges to achieve widespread adoption of its technology.




SempreHealth Business Model Canvas

  • Key Partners: Pharmaceutical companies, pharmacy benefit managers, health insurance companies.
  • Key Activities: Designing and implementing technology solutions to enable value-based pricing agreements, communicating with partners to gather data on patient adherence, developing marketing materials to promote value proposition to health insurers.
  • Key Resources: Proprietary technology, expertise in healthcare pricing and contracting, experienced leadership team, strong industry partnerships.
  • Value Proposition: SempreHealth offers real-time adherence monitoring for patients on long-term medications, enabling health insurers to offer value-based pricing agreements to pharmaceutical companies. This results in lower costs for payers and improved health outcomes for patients.
  • Customer Segments: Health insurance companies, pharmacy benefit managers, pharmaceutical companies, patients with chronic conditions.
  • Customer Relationships: Long-term partnerships with major players in the healthcare industry, ongoing communication and data sharing to facilitate value-based pricing agreements.
  • Channels: Direct outreach to potential partners, industry conferences and events, leveraging existing industry partnerships to reach a wider audience.
  • Cost Structure: Research and development of new technology, staffing and salary costs, marketing and advertising expenses, legal and regulatory compliance costs.
  • Revenue Streams: SempreHealth generates revenue through value-based pricing agreements with pharmaceutical companies and subscription fees from health insurance companies and pharmacy benefit managers.

SempreHealth is a healthcare technology startup focused on improving patient outcomes and lowering healthcare costs through real-time monitoring of medication adherence. Through partnerships with major players in the healthcare industry, SempreHealth has developed a proprietary technology solution that enables health insurers to offer value-based pricing agreements to pharmaceutical companies. By incentivizing medication adherence and improving health outcomes, SempreHealth benefits both patients and payers.




SempreHealth Roadmap

  • Q1 2022: Launch SempreHealth
  • Q2 2022: Build partnerships with pharmacies and healthcare providers
  • Q3 2022: Develop and test mobile app for prescription reminders and tracking
  • Q4 2022: Implement data analytics for personalized health recommendations
  • Q1 2023: Expand SempreHealth to multiple states
  • Q2 2023: Launch SempreCare, a subscription service for medication adherence support
  • Q3 2023: Begin offering remote monitoring services for chronic conditions
  • Q4 2023: Launch SempreResearch, a division focused on developing new health technologies and services
  • Q1 2024: Expand SempreHealth to a national scale

By following this roadmap, SempreHealth aims to become the leading medication adherence platform in the United States. Through partnerships, advanced data analytics, and innovative technologies, we will change the way people manage their health and improve their overall quality of life.




SempreHealth Marketing Mix

  • Product: SempreHealth is a startup company that offers software solutions to healthcare providers for medication adherence. Their product offers a solution for patients that struggle to remember when to take their medications. SempreHealth offers a platform to healthcare providers that allows them to send reminders to patients via SMS or a mobile app. They also provide data analytics to healthcare providers about their patients' medication adherence.
  • Place: SempreHealth offers its services to healthcare providers across the United States. They have partnered with several pharmacies and health systems to offer their services nationwide. Their platform is also available as a stand-alone mobile app for patients who want to manage their medication adherence on their own.
  • Promotion: SempreHealth promotes its services through digital marketing campaigns, social media, and various healthcare conferences. They partner with pharmacies and health systems to increase awareness of their platform to healthcare providers. They also offer demos and trial periods to potential customers to showcase their product.
  • Price: The price of SempreHealth's services varies depending on the size of the healthcare provider and the number of patients they serve. They offer a monthly subscription model with pricing starting at $100 per month for small healthcare providers.

In conclusion, SempreHealth offers a unique solution for one of the biggest challenges in healthcare - medication adherence. Their platform offers benefits for both patients and healthcare providers, providing a comprehensive solution to improve medication adherence. With their innovative product, strategic partnerships, and effective promotional strategies, SempreHealth has a solid foundation to grow and expand its services in the healthcare industry.




SempreHealth Mission Statement

At SempreHealth, our mission is to provide access to affordable and quality healthcare for all people, regardless of their socio-economic background. We believe that everyone deserves to receive the best medical treatment possible, and we are dedicated to delivering this through our innovative solutions.

  • Quality healthcare: We strive to deliver the highest quality of healthcare services to our clients, leveraging innovative technologies and resources to ensure that everyone receives the best treatment possible.
  • Accessibility: Our services are designed to be accessible for everyone, no matter their geographical location or socio-economic background. We understand the challenges that people face in accessing quality healthcare, and we are committed to finding solutions that make it easier for everyone to get the treatment they need.
  • Affordability: One of our core values is affordable healthcare. We work hard to keep our prices low while ensuring that our services are of the highest quality.
  • Innovation: We believe that innovation is the key to delivering better health outcomes for people. We are constantly exploring new technologies and solutions to improve our services and enhance the patient experience.

Our mission is at the heart of everything we do at SempreHealth. We believe that access to quality and affordable healthcare is a basic human right, and we are passionate about making this a reality for everyone. Join us in our mission to create a healthier and happier world by choosing SempreHealth as your healthcare partner.


Conclusion

Overall, SempreHealth is a valuable tool for both patients and healthcare providers. With its innovative adherence monitoring, it provides patients with the support they need to take their medication as prescribed. This, in turn, can lead to better health outcomes and reduce healthcare costs.

The platform's use of text message reminders and offers is a unique approach that has shown success in improving medication adherence rates. In fact, studies have shown that SempreHealth has increased adherence rates by up to 60%.

Furthermore, SempreHealth's emphasis on patient-centered care is refreshing in an industry where patient needs are often overlooked. The platform's personalized reminders and incentives give patients a sense of control over their own health and wellness.

Overall, SempreHealth's innovative solution to the issue of medication non-adherence is a step in the right direction for healthcare. By putting the patient at the center of the care process, they are helping to improve health outcomes and reduce healthcare costs.

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Katrina Fu

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