Enabling a digital health ecosystem beyond hospital and clinics for betterment of community primarily for elderly and ageing population. A holistic affordable approach to get primary and home care for our needy community via AI powered digital health ecosystem.
Our product is running in Singapore with the below traction users/customer details. Downloads - 35000+ MAU (Monthly Active Users) - 6500+ On-boarded Healthcare practitioners -Clinics - 200+ -Doctor's - 300+ [GP & Specialist] -Therapist/Caregivers/Nurses - 200+ -Medical Products[Marketplace] - 500+ -Medical Transport/WheelChair Fleet - 25+ Strategic Corporate Partners -Private Hospital - 1 -Financial Institution - 1
-Huge untapped of ASIA market -Active ageing population growth -Elderly homes and senior care centre -Digital Health $505 billion market -Medical Wearable & IoT demand -Developing and emerging countries
Problem or Opportunity
The world is ageing and -Global population become 2X (2017 vs 1980). -By 2050 every 1 in 5 people will be over 60 years. “Between 2015 and 2050, the proportion of the world's older adults is estimated to almost double from 900 million to 2 billion people over the age of 60.” WHO. -Elderly people more likely to die earlier due to poor care & support. Growing chronic illness, mobility issue’s, dementia etc.
Solution (product or service)
A holistic approach towards home healthcare & primary healthcare for elderly using AI technology. Our AI enabled MyCLNQ Digital Health ecosystem has multiple vertical to address all elderly and ageing population home and primary care needs. 1) Our AI based search enabled to find best available neighborhood doctors. 2) Nurse match AI program does find best caregiver based on elderly needs. 3) Remote monitoring enabled patient to keep connected with doctor with all vital sign and necessary preventive action can be taken based on any abnormality 4) Patient centric approach enabled for individual needs of healthcare support.
In Singapore there are indirect competitors who are providing only one or two services with higher cost such as -DA - Doctor Anywhere - mainly TeleMedicine -Homage - Caregiver and telemedicine -JagaMe - Caregiver -Speedoc - housecall and medical transport
Advantages or differentiators
We are looking holistic affordable approach to get primary and home care for ageing and elderly population. Key focused are -Cost Effective - Affordability -Preventive care - Journey towards preventive care by doing continuous remote monitoring.
Revenue Streams are mainly -Pay as you Use - Transactional based 10-15% -Subscription - Monthly for services -Subscription of adopting remote monitoring package -AMS - Annual Maintenance support for SME/Corporates
Business model - It is B2B & B2C -B2B would be "Pay-As-U-Use" or subscription model based on the module or service they choose -B2B - SME/Corporates can choose Employee full care/Preventive care package and that combine per user and AMS (Annual maintenance support) -B2C - Individual can buy the devices and opt for self remote monitoring package