MedHealthAssist Pitch

Chapter 1: Introduction

  • Presenter: Daniel Vasquez

  • Prototype: Med Health Assist Program Informational Website

  • Goal: Connect users to affordable health care, focusing on New York communities.

  • Health Care Issue Statistics:

    • 30% of Americans skip prescription refills due to rising costs.

    • 24% have at least one drug not covered by insurance.

    • Over 30,000 New Yorkers died from chronic and diet-related diseases in 2021 due to lack of care/resources.

  • Value Proposition: Access and affordability.

  • Core Values:

    1. Community Engagement:

      • Participants create accounts to access online forums, connecting with health professionals and peers.

      • Personalized content based on medical background.

    2. Comprehensive Resources:

      • Q&A sessions, in-person seminars, and consultations.

Chapter 2: Participants of Program

  • Medication Accessibility:

    • Exclusive offerings and discounts for participants.

  • Underlying Secret for Success:

    • Gen AI information website providing:

      • Informational resources, personalized web experience, and access to additional support like consultations.

  • In-Person Seminars:

    • Hosted at hospitals and pharmacies to discuss health trends.

  • Q&A Sessions:

    • Participants engage directly with health professionals.

  • Consultations:

    • One-on-one conversations about health concerns, lasting 1-2 hours.

  • Revenue Streams:

    1. Membership fee: $50 every 6 months for full access.

    2. Consultation fee: $120 per session, with a free first consultation upon account creation.

Chapter 3: Oversight of Program

  • Consultation Pricing:

    • Ranges from $1.50 to $350, offering value at competitive pricing.

  • Go-To-Market Plan:

    • Utilize SEO, email marketing, and social media targeting chronic health conditions in ages 18-70 and low-to-middle-income families lacking coverage.

  • Competitive Analysis:

    • MedHealth Assist vs. GoodRx & NeedyMeds:

      • Combines features of both competitors: coupled coupon offerings with enhanced community engagement and personalized resources.

  • Management Team:

    • CEO (Daniel Vasquez): Oversight and goal setting.

    • Program Manager: Monitor performance, resource management, implementing user feedback.

    • Technical Support Specialist: Ensure website functionality and updates.

    • Content Manager: Create accurate medical content, ensure expert approval.

    • Community Engagement Coordinator: Relationships with pharmacies/hospitals for events and outreach.

Chapter 4: Conclusion

  • Community Engagement and Feedback:

    • Gather user experience insights for improvements and promotion through events and collaborations.

  • Financial Projections:

    • Year 1: 500 participants, expenses outweigh revenue.

    • Year 2: 1,000 participants, revenue begins to cover expenses.

    • Year 3: Revenue significantly exceeds expenses.

  • Startup Costs:

    • Initially high costs for website development but maintenance will be lower afterwards.

  • Ongoing Development:

    • Adjusting based on participant feedback before pre-launch.

  • Future Plans:

    • Seek investment, expand market research, enhance website features, and eventually hire full-time employees.