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Health care reform has disrupted the status quo in the US
Insurance Reform Electronic Health Records Access to Care
In a typical 50 hour week, 34% is spent on documentation
22 hours 17 hours with the patient documenting
17,000,000hours
per year to documentation.
In primary care alone in the US, doctors lose
Lost productivity comes at a staggering cost
$13 billion
per year in additional revenue.*
If used to provide care, this time would generate around
Lost productivity comes at a staggering cost
* Assumptions: 2087 hours worked per year, $1.57M revenue generated by a primary care doctor - via Merritt Hawkins
QUALITY OF CARE
PATIENT SATISFACTION
DOCTOR RETENTION
NOTE ACCURACY
have suffered as well.
Lost productivity comes at a staggering cost
before Augmedix
17 hours after Augmedix
2 hours
With Augmedix, doctors can focus on providing care again
before Augmedix
3 doctors
after Augmedix
4 doctors
With Augmedix, doctors can focus on providing care again
QUALITY OF CARE
PATIENT SATISFACTION
DOCTOR RETENTION
NOTE ACCURACY
are all improved.
Productivity gains lead to other softer benefits
Augmedix is a single player in the digital health boom
2013 2014
25890
The number of companies in digital health raising >$2 million -
$4.1 billion
In 2014, investment in digital health totaled
Digital health revolution is already here
* Rock Health
Change in those industries defined by two focuses
* Rock Health
Analytics / Big Data Consumer Engagement
Leading categories are the same as in previous disruptions
Analytics / Big Data Consumer Engagement
$323 million$393 million
* Rock Health
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