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Webinar Series
How to Transform your Practice to Drive Revenue &
EfficiencyFeaturing Dr. Cheng Ruan
Webinar Agenda
▶ Intro▶Dr. Cheng Ruan, CEO of Fitter Docs▶Andrew O’Hara, CEO of Chiron Health▶Video visit demo▶Q&A
A Practical Look at Video Visits
About Dr. Ruan
Board Certified Internal Medicine physician in private practice in Katy, Texas.
Empowering patients with the knowledge to optimize their health rather than just
prescribing medication.
Successfully driving business to a new level by leveraging technology and social media. Created physician network, Fitter Docs, LLC,
as a vehicle to help other physicians improve their business and online voice, not
only for their patients but also the world.
www.ruanmd.com
Cheng Ruan, MDPhysician Practice
ConsultantCEO of Fitter Docs, LLC
Intro to Chiron Health
About Andrew
A native of Iowa City, IA, Andy spent the early part of his career as a stock analyst at a Chicago-based investment bank covering
the health IT sector. He started the MBA program at the McCombs School of
Business, but took a leave from the program in October 2013 to found Chiron Health.Andrew O’Hara
Founder & CEO of Chiron Health
Why Offer Video Visits?
1. Generate incremental revenue▶ Convert unpaid patient phone calls into fully billable video
visits▶ Cut no-shows in half (our no-shows are under 5%)
2. Improve clinical outcomes▶ Easier access = better compliance with treatment plans
3. Increase patient satisfaction & retention▶ No time off work, battling traffic, finding parking, and
sitting in a waiting room full of sick people
Patient LeakagePatients are increasingly getting pulled away from their existing doctors and are turning to urgent care centers and on-demand telemedicine services offered by employers
▶ More than 100 new urgent care centers are opening every year in the U.S.
▶ In 2015, 37% of employers offered on-demand telemedicine
Reduce this leakage by offering convenient video visits to your patients
The ‘Big 4’ On-Demand Telemedicine Companies…aka, the bad guys
July 2015Raised $157m
in IPOTotal of
$231.3m in funding
July 2015Raised $63m
Series B roundTotal of
$86.7m in funding
December 2014
Raised $81m Series C round
Total of $128.1m in funding
June 2015Raised $50m in private equity
roundTotal of $73.6m
in funding
Why Chiron Health?
1. Chiron Reimbursement Guarantee®
▶ Full private payer reimbursement, guaranteed.▶ Insurance eligibility rules engine
2. Seamless integration into your EHR▶ Schedule video visits exactly like in-person visits▶ We verify your patients’ insurance and check them in
virtually
3. World-class customer support▶ We have only one job: To ensure you and your patients
have a phenomenal telemedicine experience
96.2%
Overall, how would you rate your telemedicine follow-up experience?
of patients rated good or excellent
95.0%
I received the same quality of care as I do for in-person visits.
of patients agree or strongly agree
90.3%
How would you rate the quality of the
video?
of patients rated good or excellent
Patient Satisfaction…By the numbers
Substantial Revenue
Telemedicine visits per day
Telemedicine visits per month (20
days)
Incremental revenue per month*
1 20 $1,400
2 40 $2,800
3 60 $4,200
4 80 $5,600
5 100 $7,000
*Assumes average reimbursement of $70 for Level 3 office visit (CPT 99213)
Questions?
▶ Questions? Request a demo to see how you can offer convenient video visits in your practice.
Visit: www.chironhealth.com